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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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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 Samsung Display. [16] [17] LG was one of the two suppliers of LCD Displays for the first "Retina" model of the MacBook Pro in 2012, along with Samsung ...
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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 ...