LG Group · Seoul South Korea
Company Description
Phone: +82-2-3773-1114
Fax: +82-2-3773-7813
Toll Free: 800-243-0000
View LG Group Locations On A US Map
This link will open in a new window
This link will open in a new window LG Group used to be Lucky, but this leading South Korean chaebol (family-run industrial group) has faced bad luck (difficult economic times) as well. Formerly known as Lucky Goldstar after its two founding companies, the multifaceted industrial group consists of 53 affiliated businesses that operate through about 150 subsidiaries in Korea and around the globe. After de-merging with GS Holdings Corp. , its major operations are now divided into three business sectors: Chemicals (LG Chem ), Electronics (LG Electronics , Luseum, and Sitron), and Telecommunications and Services (LG TeleCom, LG DACOM , and LG CNS). To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key LG Group Financials
| Company Type | Group Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $71,275.8 |
| 2008 Employees | 177,000 |
LG Group Executives
55 executives listed for LG Group's Seoul, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Bon-Moo Koo | Network |
| Vice Chairman and Co-CEO | Yu Sig Kang | Network |
| EVP, COO, and Director | Juno Cho | Network |
Competition
Competitive Landscape for LG Group
The industry depends highly on demand from the computer industry and makers of telecommunications products such as cell phones, which can vary sharply from year to year. Companies can be successful producing standard parts at low cost or by producing highly specialized components. Small companies can compete effectively with large ones by producing specialized products or developing new applications. Technological expertise is extremely important. The industry is highly automated: average annual revenue per employee is about $300,000. To read the full description, subscribe now.Top LG Group Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!