LG Corp - Company Profile
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Business Description
LG Corp (LG Corp) is an industrial conglomerate that offers television and home entertainment products, kitchen and laundry products, computers, air conditioners and solar panels. The company manages equity investment portfolios on a corporate level and allocates resources to subsidiaries. It also offers petrochemicals, advanced materials, life sciences, and batteries for automotive, mobility and IT, and energy storage system. It also provides consumers with daily necessities, cosmetics, and beverages. LG offers communication products and services, such as mobile, home, electronic device, and corporate, and IT service.
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R&D Overview
LG Corp’s R&D arm focuses on developing new products based on emerging technologies. R&D experts at the company’s research facility LG Sciencepark in Gangseo-gu, Seoul, are involved in various research activities in diverse areas, including electronics, biotechnology, chemical, software and telecommunications. It operates R&D complex and 20,000 people for R&D activities, from nine LG affiliate companies, partner firms and startups. It has certainly with the development of Phase II blocks LG Art Center and LG Discovery Lab. The company, work together to contribute to the growth of LG and which leads to open innovation, digital transformation, and preparation of future R&D. In FY2022, the company incurred expenses of KRW47,841 million on R&D activities, which as a percentage of revenue, stood at 0.7%.
Business Segments
Overview
Operates its business through subsidiaries including Konjiam Yewon Co., Ltd., Mirae M D&O Cm, D&O Cm Nanjing, D&O Cm Poland Sp. Z O. O, And D&O Cm Vietnam Co., Ltd.
Performance
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Overview
Operates its business through various subsidiaries including LG CNS Co., Ltd, LG CNS China, Inc, LG CNS Europe B.V, LG CNS America, Inc, LG CNS India Pvt., Ltd, PT LG CNS Indonesia, LG CNS Brasil Servicos de T.I. Ltda., BizTechPartners Co., Ltd, LG CNS Colombia SAS, LG CNS Malaysia Sdn Bhd, LG CNS Japan Co., Ltd, LG CNS Uzbekistan, LLC, Haengbokmaru Co., Ltd, LG CNS Vietnam Co., Ltd, LG CNS Fund LLC, Sejong Green Power Co., Ltd, Open Source Consulting Inc, and LG CNS Saudi Arabia LLC.
Performance
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Overview
Operates its business through LG Sports Ltd., LG Holdings Japan Co., Ltd., LG Management Development Institute.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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