LG ELECTRONICS

LG ELECTRONICS

LG Electronics is primarily a manufacturing company (a factory), not a trading company. It designs, develops, and produces its own products.

Company Introduction:

Origin: South Korea

Headquarters: Seoul, South Korea

Founding Year: 1958 (originally GoldStar)

Core Business: LG Electronics is a global leader and technology innovator in consumer electronics, mobile communications, and home appliances. Its main business areas include:

Home Appliance & Air Solution: Refrigerators, washing machines, air conditioners, vacuum cleaners, etc.

Home Entertainment: OLED TVs, LED TVs, audio systems, monitors, etc.

Mobile Communications: Smartphones (historically, though this division has closed).

Vehicle Component Solutions: Automotive parts and infotainment systems.

Business Solutions: Commercial displays, solar panels, and energy storage solutions.

Global Presence: LG Electronics operates globally, with manufacturing facilities, R&D centers, and sales organizations located in numerous countries around the world. It is known for its advanced technology, innovative designs, and commitment to customer satisfaction.

Nature of Business: As a manufacturing powerhouse, LG Electronics specializes in the entire product lifecycle, from research and development to production, marketing, and sales of its own branded goods.

LG Electronics produces and sells a wide range of products, including:

* **Home Entertainment:** TVs, audio systems, monitors, projectors

* **Home Appliances:** Refrigerators, washing machines, dryers, dishwashers, ovens, vacuum cleaners, air conditioners, air purifiers

* **Mobile Communications:** Smartphones, tablets, wearable devices (though the smartphone business has been discontinued)

* **Vehicle Components:** In-vehicle infotainment systems, electric vehicle components

* **Business Solutions:** Commercial displays, digital signage, solar panels, energy storage systems

* **IT Products:** Laptops, desktop computers, computer peripherals