What is LG Electronics's business focus and history?
LG Electronics is a publicly traded company based in Seoul, South Korea, founded in 1958 by Koo In-hwoi. It operates as a multinational electronics company, manufacturing and selling consumer and commercial products, including home appliances, televisions, monitors, and automotive components. LG Electronics has a global workforce of over 75,000 employees and reported a revenue of approximately $66 billion in 2024. The company has 128 active competitors, including 16 funded and 8 that have exited. Its top competitors include companies like Samsung Electronics, Sony, and Panasonic.
LG Electronics Corporate Details & Core Services
LG Electronics is a South Korean multinational electronics company that manufactures and sells consumer and commercial products, including home appliances, televisions, monitors, and automotive components.
LG Electronics Contact Information & Official Links
What are LG Electronics's official legal and registration details?
Name
Description
Legal Name
LG Electronics Inc.
Cin number
GST number
Registration number
Who is in LG Electronics's executive leadership team?
Name
Designation
CEO
Joo-wan Cho
Chairman
Koo Kwang-mo
Vice Chairman
Kwon Young-soo
President and CFO
Jung Do-Hyun
President and CTO
I. P. Park
Where are LG Electronics's primary office locations?
City
Country
Englewood Cliffs
United States
Eschborn
Germany
Tokyo
Japan
Beijing
China
São Paulo
Brazil
What are the current business signals and market intelligence for LG Electronics?
Spending next 3 months
Research and development in AI and smart home technologies, Expansion of renewable energy solutions, Enhancement of telehealth services
Pain points
Intense competition in the consumer electronics market, Rapid technological advancements requiring continuous innovation, Supply chain disruptions affecting production and distribution
Sales motion
Direct-to-consumer sales through online and physical stores, Partnerships with retailers and distributors, B2B sales for commercial and industrial solutions
Buyer Persona
Tech-savvy consumers seeking innovative and high-quality electronics, Businesses requiring reliable commercial solutions, Government agencies in need of advanced technological products
Type of customer
Individual consumers, Businesses, Government agencies
