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LG Electronics Inc (LG Electronics), a subsidiary of LG Corp, manufactures and markets consumer electronics and home appliances. The company's product portfolio comprises televisions, monitors, personal computers, refrigerators, audio and beauty appliances and 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, equipment production, optic solutions, automotive components and camera modules. LG Electronics offers various business-to-business solutions. The company has presence across Europe, the Americas, the Middle East and Asia-Pacific. LG Electronics is headquartered in Seoul, the Republic of Korea.

Headquarters South Korea

Address Lg Twin Tower, 128, Yeoui-Daero, Yeongdeungpo-Gu, Seoul, 07336


Telephone 82 2 37771114

No of Employees 37,835

Industry Consumer Packaged Goods

Ticker Symbol & Exchange 066570 (KRX)

Revenue (2021) $65.3B 28.7% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -47.6% (2021 vs 2020)

Market Cap* $12.8B

Net Profit Margin (2021) XXX -59.3% (2021 vs 2020)

* As of and is in US$

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Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for LG Electronics Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for LG Electronics Inc (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on LG Electronics Inc’s likely spend across technology areas enabling you to understand the digital strategy.

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Products and Services

Products Brands
Home Entertainment: LG
Television
Monitors
XXX
XXX
XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In November, the company’s AVOD/FAST platform LG Channels+ and FilmRise entered into an agreement to expand its global footprint.
2022 Others In November, the company's CordZeroTM vacuum lineup products received Gold certification from UL Solutions.
2022 Contracts/Agreements In November, the company unveiled its first joint virtual care solution with Amwell for addressing hospital workforce shortages.
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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 98,557 108,900 240,198 145,696
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Bong Seok Kwon Chairman; Vice Chairman - LG Corp Executive Board 2020 -
Joo Wan Cho Chief Executive Officer; Chief Strategy Officer; Director Executive Board 2022 -
Doo Yong Bae Director; Chief Risk Management Officer; Chief Financial Officer Executive Board 2021 -
Kwang Mo Koo Chairman Executive Board - -
William Cho Chief Strategy Officer; Director; Chief Executive Officer Executive Board - -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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