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History of LG Electronics

LG Electronics is one of the leading manufacturers of electronic products. In 2009, the company's third-largest producer of mobile mobile and the second largest producer of televisions worldwide. Its headquarters is located in the LG Twin Towers in Seoul, South Korea. The organization has about one hundred forty-nine subsidiaries worldwide that manufacture various types of electronic gadgets from appliances to telecommunications equipment. Electronics is one of the top 100 global brands is a dominant force to be taken into account within the electronics industry.

The company started in 1947 under the trade name Lak Hui. At the time, was not an electronics company, but more products and cosmetics companies. Then in 1958, Goldstar has been created by In-Koo Hwoi, who was Lak Hui founder. Note that created the first radio Goldstar of Korea. Today marks the letter G in LG Electronics roots of their original manufacturer-name Goldstar.

Then in the 1960s, Goldstar, which was the electronics division Lak Hui increased exponentially. In 1962, the radio Goldstar were exported to countries like United States. In 1965, the first Korean Goldstar refrigerator. The following year, was created by Korea's first black and white TV. Then, in 1968, air conditioning first Korea was produced and the following year. As shown here, while it was still generally known as Goldstar Electronics, and was the OEM device pioneer in his native South Korea.

In the 1970s, Koo Cha-Kyun assumed leadership of the organization. According to him, Luk Hai changed its name to "Lucky", thus forming the original meaning of the letter L in LG Electronics. As a pioneer in the invention of electronics, which made the color television first time in Korea in 1977. In 1978, exports totaled $ 100 million.

Then in the 1980s, LG Electronics is using the acronym refer to LG Lucky Goldstar. It has spread throughout the decade. The first European subsidiary was established in Germany. A color TV factory was established in the U.S.. Then a standard VCR European manufacturing plant opened in Germany. Then at the end of the decade, the organization is now a subsidiary of sales and production a joint venture established a Southeast Asia in Thailand. In the history of LG, the 1980s were called the decade of international expansion. Equipment LG electronics, then known as Lucky Goldstar sell appliances and other cheaper forms of telecommunications devices in comparison with Japanese brands.

In the 1990s, the company has been increasingly aggressive in the international market. In early 1990, established a center technology design based in Ireland. Then, in 1993, with the opening of the affiliate marketing Huizhou on the mainland have become larger. It Lucky Goldstar in 1995 officially changed its name to electronics. In the same 12 months, have acquired the American company called Zenith. In 1997, LG Electronics has established a subsidiary in India. At 12 months after the organization created the first 60-inch PDP TV.

In 2000, LG Electronics has launched a refrigerator can be purchased through the Web. They have also become the first manufacturer in terms of LCD TVs, mobile phones and personal computer hardware. In 2001, LG has launched electronic devices that can be purchased through the Web. They were the latest models of LG Electronics air conditioner washing machine and microwave. He also became the market leader in the CDMA market in Australia. LG Electronics also increased their exports to European countries GSM mobile phones such as Russia and Italy. In 2003, he became the leading producer of CDMA. Then he also found in northern Europe and the Middle East your mobile. In 2007, LG Electronics demonstrated the world's first MIMO 4G technologies enabled with 3G LTE. Then in 2008, the organization has seen a gradual change as LG Goldstar represents the happiest, but the logo of the new organization "Life is Beautiful", which is also its identity as a new manufacturer.

One small company in South Korea in the 1940s, LG Electronics is now truly a world leader in the electronics market. Many families have their products.

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Yasin Resif writes articles about different things, including Elektronik. For more information about works of Yasin Resif visit this Elektronik webpage.

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