|
LG Electronics Incorporated, founded as GoldStar in 1958 and based in Seoul, South Korea, develops electronics, information, and communications systems. The firm provides customers with code division multiple access (CDMA) handsets, DVD players, optical storage devices, digital displays, air conditioners, vacuum cleaners, microwave ovens, televisions, and other products. The company also develops Global System for Mobile Communications (GSM) handsets, refrigerators, washing machines, USB memory, notebook and desktop computers, and car entertainment systems. The firm is organized into the Digital Appliance, Digital Display, Digital Media, and Mobile Communications businesses. LG Electronics' Digital Appliance unit is known for its ARTCOOL and 2-in-1 Plus air conditioner, Stream washing machine, and Lightwave microwave oven products. The company's Digital Display business produces plasma and LCD televisions. The Digital Media unit developed the world's first Digital Multimedia Broadcasting (DMB) notebook computer in 2005. It also produces optical storage devices and home theater systems. LG Electronics develops home servers, network adapters, and digital information appliances. It provides mobile operators worldwide with wideband code division multiple access (WCDMA) handsets. The firm maintains operations across Asia, North America, and Europe. The company was renamed in 1995. It acquired Zenith in the same year. The firm established the LB-Philips LCD joint venture with Philips in 1999. LG Electronics is listed on the Korea Stock Exchange under the 066570 code and the London Stock Exchange under the LGLD symbol. The company also is listed on the Luxembourg Stock Exchange.
|