LG

LG Corporation is primarily a MANUFACTURER.

Here is an introduction to LG Corporation:

COMPANY INTRODUCTION

LG Corporation is a South Korean multinational conglomerate corporation founded in 1947 as Lak-Hui Chemical Industrial Corp. It is headquartered in Seoul, South Korea.

BUSINESS NATURE

LG Corporation is fundamentally a manufacturing powerhouse. It operates through various subsidiary companies that produce a wide range of goods across different sectors. While its subsidiaries do engage in sales and distribution globally, their core activity is the design, development, and production of goods. Therefore, it is classified as a manufacturer, not a trading company.

KEY BUSINESS AREAS AND SUBSIDIARIES

LG operates through several major subsidiaries, each a significant player in its respective industry:

LG ELECTRONICS: This is perhaps the most globally recognized subsidiary, manufacturing consumer electronics like televisions, mobile phones, and home appliances such as refrigerators, washing machines, and air conditioners.

LG DISPLAY: A leading global manufacturer of display panels, including OLED and LCD technologies, used in televisions, monitors, and mobile devices.

LG CHEM: One of the world's largest chemical companies, producing petrochemicals, advanced materials, and energy solutions, including electric vehicle batteries.

LG UPLUS: A major South Korean telecommunications provider, offering mobile, broadband, and IPTV services.

LG HOUSEHOLD & HEALTH CARE: Manufactures and sells a variety of household goods, cosmetics, and beverages.

LG INNOTEK: A leading global components manufacturer, providing core components for mobile, display, automotive, and network products.

GLOBAL PRESENCE AND INNOVATION

LG Corporation has a vast global presence, with operations, research and development centers, and manufacturing facilities worldwide. The company is well-known for its commitment to innovation, investing heavily in R&D to develop cutting-edge technologies and products that enhance daily life, encapsulated by its corporate slogan, "Life's Good."

Here are the product categories that LG Corporation manufactures or sells:

* Home Appliances: TVs, audio devices, refrigerators, washing machines, dryers, dishwashers, vacuum cleaners, air conditioners, air purifiers, microwave ovens, cooktops, ovens, water purifiers

* Mobile Communications: Smartphones, tablets, wearable devices

* Home Entertainment: TVs, audio and video products

* Vehicle Components: Vehicle infotainment, electric vehicle components

* Business Solutions: Commercial displays, robots, energy solutions

* IT Products: Laptops, monitors, projectors

* Energy Solutions: Solar panels, energy storage systems

* Chemical Products: Various chemical materials and products

* Health Care: Medical imaging devices

* Semiconductors: Various semiconductor products