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GoldStar television (VD-191), manufactured in 1966 LG Micro Hi-Fi Audio system, c. 2008. In 1958, LG Electronics was founded as GoldStar (Korean: 금성).It was established in the aftermath of the Korean War to provide the rebuilding nation with domestically produced consumer electronics and home appliances.
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.
Company Country/Region Current product lines Defunct product lines Market share (Q3 2023) [1] Lenovo: China Essential, IdeaPad, Legion, ThinkBook, ThinkPad, ThinkPad Yoga, Yoga
LG CNS was founded in 1987 as System Technology Management (STM), a 50:50 joint venture between LG and Electronic Data Systems.In 1995, the company was renamed LG-EDS System as part of LG Group's corporate identity integration project.
Zenith was the first company to experiment with subscription television, launching their Phonevision system with experimental Chicago station KS2XBS (originally broadcasting on Channel 2 before the Federal Communications Commission forced them to relinquish it to WBBM-TV).
The LGM-35 Sentinel, also known as the Ground Based Strategic Deterrent (GBSD), is a future American land-based intercontinental ballistic missile system (ICBM) currently in the early stages of development.
GE Appliances was originally a part of General Electric, a company which began marketing a full roster of heating and cooking products in 1907. [11] In January 2004, it became part of GE Consumer & Industrial when GE Consumer Products (founded in 1905) merged with GE Industrial Systems (founded in 1930) to form GE Consumer & Industrial.
In December 2010, the EU fined LG Display €215 million for its part in an LCD price fixing scheme. [7] Other companies were also fined for a combined total of €648.9 million, including Chimei Innolux, AU Optronics, Chunghwa Picture Tubes Ltd., and HannStar Display Corp. [8] LG Display has said it is considering appealing the fine.