LG Electronics Inc - Company Profile
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LG Electronics Inc (LG Electronics) manufactures and distributes consumer electronics and home appliances. The company’s product portfolio comprises televisions, monitors, laptops, refrigerators, audio and beauty appliances, video equipment, washing machines, dishwashers, water purifiers, air conditioners, and vacuum cleaners. It also offers vehicle components, information displays, 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 brands. 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
Seo Ul Teuk Byeol Si, Yeong Deung Po Gu Yeo Ui Dae Ro 128 ( Ye, 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 (2024)
$62.8B
1.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
161.4%
(2024 vs 2023)
Market Cap*
$20.2B
Net Profit Margin (2024)
XYZ
157.1%
(2024 vs 2023)
* As of and is in US$
LG Electronics Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| TV/Audio: | LG |
| TVs | LG ThinQ |
| LIFESTYLE SCREENS | 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 |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company signed a partnership with will.i.am to launch a new AI-powered XBOOM audio lineup in India. |
| 2026 | Contracts/Agreements | In June, the company partnered with iHeartMedia to upgrade its free ad-supported audio streaming service, LG Radio+. |
| 2026 | New Products/Services | In May, the company launched the new UltraGear 25G590B, a 24.5-inch Full HD gaming monitor. |
Competitor Comparison
| Key Parameters | LG Electronics Inc | Samsung Electronics Co Ltd | Sony Group Corp | Haier Group | Panasonic Holdings Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | Japan | China | Japan |
| City | Seoul | Suwon | Minato | Qingdao | Kadoma |
| State/Province | - | - | Tokyo | Shandong | Osaka |
| No. of Employees | 37,835 | 129,480 | 112,300 | 146,000 | 207,548 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bong Seok Kwon | Chairman | Executive Board | 2022 | - |
| Ryu Jae-Chul | Chief Executive Officer | Senior Management | 2025 | - |
| Chang-tae Kim | Chief Risk Management Officer; Director; Chief Financial Officer | Executive Board | 2024 | - |
| Kim Lae-young | Chairman - Service and System Aspects | Executive Board | 2025 | - |
| Sam-soo Lee | Chief Digital Officer; Chief Strategy Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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