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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 ...
A commercial washing machine is intended for more intensive use than a consumer washing machine. [145] Durability and functionality is more important than style; most commercial washers are bulky and heavy, often with more expensive stainless steel construction to minimize corrosion in a constantly-moist environment.
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In April 2001, LG Household & Health Care spun off from LG Chemical, and was listed on the Korean Stock Exchange. [2] Since current CEO & Vice Chairman, Suk Y. Cha joined the company in 2005, the business made a successful turnaround, and the company's growth was further driven by strategic M&As. [ 3 ] Currently, LG Household & Health Care is ...
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