LG Electronics
Company Snapshot
Founded: 1958
Entity Type: Public
Employees: 74,000
Region: Korea
Revenue: $64,392.5 Millions
Revenue Year: 2024
Segment: Home Appliance & Air Solution (H&A)
Headquarter: Seoul, South Korea
Key Geographics: Korea, North America, Asia, Europe, South America, Middle East and Africa, China
Corporate Address: LG Twin Towers,128, Yeoui-daero, Yeongdeungpo-gu, Seoul 150-721, Republic of Korea Tel. +82-02-3777-1114 www.lge.co.kr
Company Overview
LG Electronics was spun off from LG Electronics Investment Ltd. in 2002. As of 2023, it owns 33.7% of the parent company’s total shares. It is a consumer electronics and home appliance company. The company operates through its six business segments: home appliance and air solution (H&A), home entertainment, vehicle component solutions, business solutions, LG Innotek Co. Ltd., and other segments. The company offers air-to-water heat pumps suitable for space heating, domestic hot water, and space cooling. The central focus areas are North America and Europe for product development, production, and sales, with a special focus on the electrification trends.
Financial Highlights (FY 2024)
Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***
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LG Electronics In News
Company's Business Segments
- Home Appliance & Air Solution (H&A) : Refrigerators, washing machines, air conditioners, vacuum cleaners and others
- Home Entertainment (HE) : TVs, audio, beauty appliances and others
- Vehicle Component Solutions (VS) : Vehicle components and others
- Business Slutions (BS) : Monitors, PCs, information displays and others
- LG Innotek Co. Ltd. : Camera modules, substrate & material, motor/sensor and others
- Other Segments : Equipment production and others
Applications/End User Industries
- Retail Stores
- Educational Institutions
- Corporate Offices
- Automotive Components Companies
- Car Manufacturers
- Infotainment System Companies
- Battery Systems Companies
- Electric Vehicle Companies
- Healthcare
- Medical Imaging Device Companies
- Solar Panels Companies
- Smart Grid Solutions Providers
- Renewable Energy Sector Companies
- Technology Enthusiasts
- Online Stores
- E-Commerce Players
- Households
- Commercial Display Companies
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