Headquartered in Seoul, Korea, it is a multinational enterprise group, mainly engaged in electronics and communication technology, household appliances and chemistry. There are 8/kloc-0 group enterprises, 0/30 overseas local legal persons and 213,000 employees.
LG Group was founded on1947 65438+1October 5th, formerly known as "Lexi Chemical Industry Society" (now LG Chemical). 1 958 65438+1October1,LG established "Golden Star Society" (now LG Electronics), which was later called "Lexi Group". 1 982 65438+1October1,Lexi group was renamed as "Lexi jinxing group" to include its growing electronic and electrical departments.
1995 65438+ 10, LG Group officially adopted its current name "LG". The letter LG is the initials of Lucky and Goldstar in the English name Lucky Goldstar Group.
Extended data
LG group development department
1945, South Korea, which was just liberated from Japanese colonial rule and capitalism began to sprout, opened a new era of chemical and electronic industries and laid the foundation for the two pillar industries of LG Group.
Allianz Juren Association, the founder of LG Group, founded Lexi Chemical Industry Society (now LG Chemical) in 1947, and since then wrote the history of LG Group in this barren land. ?
LG Group started its commercial activities by producing cosmetics "Weilai Cream". In order to develop cosmetic bottle caps that are not easy to break, LG Group entered the plastic industry for the first time in Korea. ?
When the Korean War broke out 1952, LG Group made this decision without indomitable will and strong enterprise spirit.
LG Group has produced plastic products such as combs, soap boxes, toothbrushes and tableware, which have contributed to improving people's living standards.
1954, LG successfully developed the earliest toothpaste in Korea with its own technology, defeated Colgate toothpaste in the United States, quickly occupied the domestic market in Korea, and made contributions to improving the national health level.
LG Group established Lexi Petroleum Company on 1959 and began to produce soap and glycerin.
At the same time, in the process of expanding the plastic industry, LG Group established the Golden Star Society (LG Electronics) in 1958, and produced the first vacuum tube radio A-50 1 in South Korea in 1959, which opened a new era of South Korea's electronic industry and set up the first comprehensive electronic product factory in South Korea.
In this way, in the 1950s, LG Group had laid the foundation for the two pillars of its corporate activities, namely, the chemical and electrical and electronic industries, and played a pioneering role in the industrial development of South Korea.
1962, LG group established Korean cable industry (now LG cable), which expanded the field of electrical and electronic industry. From 65438 to 0967, LG Group established Hunan Refinery (now GS Caltex), the first private refinery in Korea, and entered the field of basic raw materials industry, laying the foundation for its entry into heavy chemical industry.
Besides, Lexi Chemical (now LG Chemical) produced the earliest Korean synthetic detergent "Haitai" in 1964, and also produced kitchen detergent and liquid shampoo "Shampoo" in 1967.
Reference source? Baidu encyclopedia -LG group