LG Electronics Inc - Company Profile
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LG Electronics Inc (LG Electronics), a subsidiary of LG Corp, manufactures and distributes consumer electronics and home appliances. The company’s product portfolio comprises televisions, monitors, personal computers, refrigerators, audio and beauty appliances, video equipment, washing machines, dishwashers, air purifiers, dehumidifiers, residential and commercial air conditioners, and vacuum cleaners. It also offers vehicle components, smartphones, information displays, solar panels, substrate and material, motor and sensor components, optic solutions, automotive components and camera modules. The company offers its products under the LG, LG Signature, and LG ThinQ brand names. It has business presence across Europe, the Americas, the Middle East, Africa and Asia-Pacific. LG Electronics is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Lg Twin Tower, 128, Yeoui-Daero, Yeongdeungpo-Gu, Seoul, 07336
Website
www.lge.co.kr
Telephone
82 2 37771114
No of Employees
37,835
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
066570 (KRX)
Revenue (2022)
$64.7B
12.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
16%
(2022 vs 2021)
Market Cap*
$12.3B
Net Profit Margin (2022)
XYZ
2.1%
(2022 vs 2021)
* As of and is in US$
LG Electronics Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Home Entertainment: | : |
| Television | LG |
| Monitors | LG Signature |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In November, LG Business Solutions announced the launch of a new laser projector for corporate customers. |
| 2023 | New Products/Services | In November, the company launched new gaming monitors, GR65DC and GR75DC. |
| 2023 | Corporate Changes/Expansions | In November, the company announced the opening of its 5th premium brand showroom in Qatar. |
Competitor Comparison
| Key Parameters | LG Electronics Inc | Samsung Electronics Co Ltd | Sony Group Corp | Panasonic Holdings Corp | Mitsubishi Electric Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | Japan | Japan | Japan |
| City | Seoul | Suwon | Minato-Ku | Kadoma-Shi | Chiyoda-Ku |
| State/Province | - | Seoul | Tokyo | Osaka | Tokyo |
| No. of Employees | 37,835 | 98,557 | 113,000 | 233,391 | 149,655 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bong Seok Kwon | Chairman | Executive Board | 2022 | - |
| Doo Yong Bae | Chief Financial Officer; Chief Risk Management Officer; Director | Executive Board | 2021 | - |
| William Cho | Chief Executive Officer; Director | Executive Board | 2022 | - |
| Sam-soo Lee | Chief Digital Officer; Chief Strategy Officer | Senior Management | - | - |
| Byoung-hoon Kim | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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