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LG Electronics acquired Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. [citation needed] LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people. [3]
LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. [4] In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both ...
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GoldStar Precision was a division manufacturing electronic test equipment such as multi-meters and oscilloscopes and industrial electronics. The name was changed to LG Precision with the merger, with many of the same products and model numbers being produced but with new branding.
Additional products include Apple's 20-inch Cinema Display and Dell's UltraSharp 2005FPW LCD Monitor. These use the "LG.Philips" branding. [14] As of 2022, LG Display is the manufacturer of the OLED panels used in Sony's OLED TVs. [15] As of late 2022, LG Display was one of the two suppliers for displays for the iPhone 14 Pro, along with ...
SEOUL (Reuters) -LG Electronics said on Wednesday it is targeting 100 trillion won ($77 billion) in sales by 2030 and plans some 50 trillion won of investment as the South Korean company announced ...