Who owns LG?
LG
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- Brand origin
- South Korea
- Main production
- Several countries, incl. China
LG is a South Korean consumer electronics and home appliance brand operated by LG Electronics Inc. LG is ultimately owned by LG Corporation, a family-controlled South Korean holding company headquartered in Seoul.
lg.comOwnership chain
- BrandLGSouth Korea
- LG Electronics Inc.
- Ultimate ownerLG CorporationSouth Korea
About LG
What is LG?
LG is a South Korean brand used for televisions, home appliances, monitors, air solutions, automotive components, and other technology products. LG Electronics Inc. is headquartered at LG Twin Towers in Seoul, South Korea, and operates as part of the wider LG group. LG Electronics reported consolidated revenue of KRW 89.2 trillion and operating profit of KRW 2.48 trillion for 2025. LG Electronics reported an international workforce of more than 75,000 people in 2025. LG Electronics operates through four main businesses named Home Appliance Solution, Media Entertainment Solution, Vehicle Solution, and Eco Solution. Its products include televisions, refrigerators, washing machines, dryers, air conditioners, monitors, automotive components, and connected-home products. LG also uses product and technology names including LG SIGNATURE and LG ThinQ.
Who owns LG?
LG is ultimately owned by LG Corporation, according to Made O'Meter's ownership data verified on 13 September 2026. The ownership chain is LG, to LG Electronics Inc., to LG Corporation. LG Electronics Inc. operates the principal consumer electronics and home appliance businesses associated with the LG name. LG Corporation is headquartered in Seoul, South Korea, and is described in the ownership data as family-owned. LG Corporation is publicly traded, while the founding Koo family remains the controlling shareholder group. LG Corporation's listed holding-company structure is distinct from the operating company that makes many LG televisions and appliances.
Where does LG come from?
LG originated in South Korea. Koo In-hwoi established Lak Hui Chemical Co., Ltd. in Seoul in January 1947. Lak Hui Chemical produced Korea's first cosmetics product, Lucky Cream. The success of Lucky Cream led Koo In-hwoi to use Lucky, a name that sounded like Lak Hui, as a product and corporate brand. Lak Hui Chemical became South Korea's first company to enter the plastics industry in 1952. Goldstar Co., Ltd., the predecessor of LG Electronics, was established by the Lak Hui group in South Korea in October 1958. Goldstar produced South Korea's first radio, the A-501, in November 1959. Goldstar produced South Korea's first domestically made refrigerator in April 1965 and South Korea's first 19-inch black-and-white television in August 1966. Goldstar developed South Korea's first electronic videocassette recorder in May 1981. Goldstar opened a manufacturing plant in Huntsville, Alabama, in 1982, becoming the first Korean electronics company to establish overseas production in the United States. The Lucky Group changed its name to Lucky Goldstar Group in January 1983. Lucky Goldstar changed its group name to LG in January 1995. On 1 January 1995, LG introduced a red winking-face corporate symbol through national newspaper advertisements. On 4 January 1995, a full-page newspaper announcement explained the change with the words, Lucky Goldstar turns into LG. In 1995, Goldstar, Lucky Chemical, and Goldstar Cable were merged, and the electronics business became LG Electronics. LG launched the LG brand in world markets in 1997, replacing the former GoldStar label.
What products does LG make?
LG makes televisions, refrigerators, washing machines, dryers, monitors, air conditioners, air solutions, automotive components, and other consumer and commercial technology products. LG televisions include smart TV models and premium lines such as LG OLED and LG SIGNATURE. LG refrigerators include multiple household formats and connected models sold in different markets. LG washing machines and dryers are sold as separate appliances and as coordinated laundry systems. LG ThinQ is an LG connected-device and smart-home platform used across selected appliances and other products. LG also makes computer monitors and products for vehicle manufacturers. Product availability, model names, specifications, and features vary by country.
How did LG become an electronics company?
LG became an electronics company through Goldstar, the electronics business established by the Lak Hui group in 1958. Goldstar produced the A-501, South Korea's first radio, in 1959. Goldstar then expanded into refrigerators and televisions, producing South Korea's first domestically made refrigerator in 1965 and its first 19-inch black-and-white television in 1966. Goldstar developed South Korea's first electronic videocassette recorder in 1981. LG Electronics developed South Korea's first and the world's second 8-millimeter camcorder in 1985. LG Electronics established its first European videocassette-recorder production plant in Germany in 1986. LG Electronics launched a joint venture with Philips in 1999. These steps connected the earlier Goldstar electronics business with the global LG brand.
Who owns LG TVs and appliances?
LG Electronics Inc. makes and operates the LG television and appliance businesses, while LG Corporation is the ultimate owner in the ownership chain recorded by Made O'Meter. LG televisions, refrigerators, washing machines, and dryers are therefore LG Electronics products rather than products made by Samsung Electronics. LG Electronics is a subsidiary-level operating company within the wider LG group. LG Corporation is the parent holding company identified as the ultimate owner of the LG brand.
Is LG a Korean company?
LG is a South Korean company and brand that originated in Seoul. Lak Hui Chemical was established in Seoul in 1947, and Goldstar, the predecessor of LG Electronics, was established in South Korea in 1958. LG Corporation and LG Electronics are headquartered in Seoul. LG also has overseas operations, manufacturing facilities, subsidiaries, and sales in international markets. The existence of foreign production and subsidiaries does not change LG's South Korean origin or headquarters.
Is LG the same as Samsung?
LG and Samsung are separate South Korean corporate groups. LG's electronics business is operated by LG Electronics Inc. and ultimately owned by LG Corporation. Samsung's businesses belong to a different corporate group centered on Samsung Electronics and Samsung's affiliated companies. LG and Samsung compete in televisions, appliances, displays, smartphones and related technology markets, but one company does not own the other. LG and Samsung are therefore not the same company.
How large is LG Electronics?
LG Electronics reported KRW 89.2 trillion in consolidated revenue for 2025 and more than 75,000 employees internationally. LG Electronics described its operations as spanning almost every country in its January 2026 full-year results announcement. LG Electronics reported operating profit of KRW 2.48 trillion for 2025. These figures apply to LG Electronics Inc., not to every business or subsidiary in the wider LG group.
What is the history of LG ownership and partnerships?
The LG business began with Koo In-hwoi's Lak Hui Chemical in 1947 and expanded into electronics through Goldstar in 1958. The Lucky Group became Lucky Goldstar Group in 1983 and adopted the LG group name in 1995. In 1995, LG Electronics acquired a majority interest in the United States electronics manufacturer Zenith. LG Electronics recorded an acquisition cost of KRW 236.860 billion for its investment in Zenith Electronics Corporation in its 1999 annual report. Zenith became a wholly owned subsidiary of LG Electronics in November 1999 after restructuring. LG Electronics also launched a joint venture with Philips in 1999. These transactions changed LG Electronics' international business relationships, while the LG brand remained within the LG corporate group.
Subsidiaries: LG Electronics
Frequently asked questions about LG
Is LG a smart TV brand?
- Yes. LG makes smart televisions that connect to networks and support digital services, with features and supported applications varying by model and country. LG's connected-device platform is called LG ThinQ.
Who owns LG washing machines?
- LG washing machines are made and sold by LG Electronics Inc. LG Electronics is ultimately owned by LG Corporation through the ownership chain LG, to LG Electronics Inc., to LG Corporation.
Who owns LG refrigerators?
- LG refrigerators are LG Electronics products. The ultimate owner of the LG brand is LG Corporation, a family-controlled South Korean holding company headquartered in Seoul.
Is LG a good refrigerator brand?
- LG is a major manufacturer of refrigerators and other home appliances, but whether a particular refrigerator is suitable depends on its model, features, price, service availability, and reliability record in the buyer's market. LG refrigerator specifications and model ranges vary by country.
Is LG a good TV brand?
- LG is a major television manufacturer with product lines that include OLED, smart TV, and premium LG SIGNATURE models. The relevant differences depend on the individual model, display technology, software features, price, and market.
Is LG a good washer and dryer brand?
- LG makes washing machines and dryers, including coordinated laundry products and connected models. A purchase comparison should consider the specific model's capacity, dimensions, cycle options, energy use, warranty, service coverage, and local price.
Is LG an American company?
- No. LG originated in Seoul, South Korea, and LG Corporation and LG Electronics are headquartered in Seoul. LG has operated internationally, including a manufacturing plant in Huntsville, Alabama, opened in 1982.
Who owns LG Energy Solution and LG Chem?
- LG Energy Solution and LG Chem are businesses associated with the wider LG group, but the LG televisions and household appliances covered here are operated by LG Electronics Inc. The ultimate owner recorded for the LG brand is LG Corporation.
Sources: lg.com: about lg business, lg.com: lg electronics releases fourth quarter and full year 2025 financ, en.wikipedia.org: LG, bccresearch.com, lg.com: lg electronics releases preliminary earnings for fourth quarter and full year 2025, en.wikipedia.org: LG Electronics, revenuememo.com, lg.com: lg electronics releases fourth quarter and full year 2025 financial results, lg.com: company history, lg.com: lg over the years, lgcorp.com: story, lge.co.kr, lgcorp.com: 1, ro.scribd.com, simple.wikipedia.org, chosun.com, lgcorp.com: 3, markhub24.com, ebsco.com, thebrandhopper.com, solutions.lg.com
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Sources: en.wikipedia.org: LG, en.wikipedia.org: Koo Kwang mo
Ownership data is compiled from public sources and verified where possible. Spotted an error? Suggest a correction below.
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