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LG was also an official supplier to Virgin Racing and Lotus Racing team, plus engine manufacturer Cosworth from 2010 to 2012. [88] LG also sponsors London Fashion Week and the LG Arena in Birmingham. [89] During the period 2001–2003, LG sponsored the snooker Grand Prix. During these years the tournament was known as the LG Cup. In 2008, LG ...
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 ...
Koo Cha-kyung (Korean: 구자경; Hanja: 具滋暻) (24 April 1925 – 14 December 2019) was a South Korean business executive.He was the chairman of LG Group from 1970 until his retirement in 1995. [1]
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In 1995, Koo succeeded his father Koo Cha-kyung, the oldest son of LG's founder Koo In-hwoi [4] as chairman of LG Group because of the Koo family's “male-only succession rule". [5] Koo Bon-moo adopted his nephew Koo Kwang-mo in 2004, after losing his only son in 1994. [6] Starting in 2017, Koo Bon-moo sought continual treatment for a brain tumor.
LG Chem Ltd. (Korean: LG화학), often referred to as LG Chemical, is the largest Korean chemical company [1] and is headquartered in Seoul, South Korea. It was the 9th largest chemical company in the world by sales in 2021. [2] It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics.