LG Electronics, Inc. founded In 1958 is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 83,000 people working in 119 locations around the world. With 2014 global sales of USD 55.91 billion (KRW 59.04 trillion), LG comprises four business units ― Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components ― and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2014 ENERGY STAR Partner of the Year.
In 1997 LG supplied the World’s first CDMA digital mobile handsets to Ameritech and GTE in U.S. Achieves UL certification in U.S. Develops world’s first IC set for DTV
In LG 1998 developed world’s first 60-inch plasma TV and 2004 EVSB, the next-generation DTV transmission technology, chosen to be the U.S./Canada Industry standard by the US ATSC Commercializes world’s first 55″ all-in-one LCD TV Commercializes world’s first 71″ plasma TV Develops world’s first Satellite- and Terrestrial-DMB handsets
As of 2005 Becomes fourth-largest supplier of the mobile handsets market worldwide Develops world’s first 3G UMTS DMB handset, 3G-based DVB-Hand Media FLO DMB Phone with time-shift function and DMB notebook computer Establishes LG-Nortel, a network solution joint venture with Nortel
In 2008Introduces new global brand identity: “Stylish design and smart technology, in products that fit our consumer’s lives.” Posted No.1 spot in US front loading washers in 5 consecutive quarters Unveiled the world’s first Bluetooth headset combined mobile phone Unveiled the world’s first Blu-ray network storage Developed the world’s first LTE mobile modem chip Recorded over 100 million units of LG air conditioners in accumulated sales
As of 2009 LG became second-largest LCD TV provider worldwide Became third-largest supplier of mobile handsets market worldwide Became Global Partner and Technology Partner of Formula One™