LG
LG, initially Goldstar, emerged from post-war South Korea as a pioneering force in domestic electronics and chemical industries, evolving into a global technology conglomerate recognized for its diverse product portfolio and innovation in consumer and B2B markets.
Quick Facts
- Founded
- 1958
- Founder
- Koo In-hwoi
- Origin
- South Korea
Founders
Story Chapters
Timeline
Founding of GoldStar
Koo In-hwoi founded GoldStar, marking the beginning of what would become LG, a global leader in electronics.
First Refrigerator Launch
GoldStar introduced its first refrigerator, marking a significant breakthrough and setting the stage for diversification.
Television Production Begins
GoldStar began producing televisions, expanding its product line and solidifying its position in the electronics market.
Expansion into Telecommunications
GoldStar entered the telecommunications industry, further diversifying its offerings and expanding its market presence.
Koo In-hwoi's Passing
Company founder Koo In-hwoi passed away, leaving behind a legacy of innovation and leadership.
Rebranding to LG
GoldStar rebranded as LG, reflecting its global ambitions and commitment to innovation.
Entry into Mobile Devices
LG entered the mobile device market, marking a new era of growth and technological advancement.
Launch of OLED TVs
LG launched its first OLED TVs, showcasing its commitment to cutting-edge technology and innovation.
Sustainability Initiatives
LG launched major sustainability initiatives, emphasizing its commitment to environmental responsibility.
Exit from Smartphone Market
LG announced its exit from the smartphone market, reflecting a strategic shift in focus towards other areas of growth.
Connected Across The Archives
Explore specific connections to other archives—civilizations, conflicts, dynasties, and treaties that share history with this company.
Civilization Archive
(3)Goguryeo Civilization
Goguryeo's influence on Korean identity and regional power dynamics laid groundwork for technological advancements seen in companies like LG.
Joseon Korea
Joseon's Confucian ideals and technological progressions shaped South Korea's modern economy, influencing LG's foundational principles.
Ming Civilization
The Ming Dynasty's robust trade networks with Korea facilitated cultural exchanges, indirectly impacting LG's future business environment.
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