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LG Electronics

LG Electronics is a manufacturer, marketer and seller of electronic products such as refrigerators, washing machines and mobile phones. Read more

Bong Seok Kwon's photo - CEO of LG Electronics

CEO

Bong Seok Kwon

CEO Approval Rating

73/100

Founded:

1958

Status:

PublicIndependent CompanyKorea Exchange066570

LG ELECTRONICS TOP COMPETITORS OR ALTERNATIVES

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Samsung is seen as one of LG Electronics's biggest rivals. Samsung is headquartered in Seoul, Seoul Teugbyeolsi, and was founded in 1938. Samsung competes in the Telecommunications Equipment field. Samsung generates 347% the revenue of LG Electronics.

Sony is seen as one of LG Electronics's top competitors. Sony was founded in 1946, and its headquarters is in Minato-ku, Tōkyō Prefecture. Sony operates in the Telecommunications Equipment industry. Sony has 71,851 more employees than LG Electronics.

Panasonic is one of LG Electronics's top rivals. Panasonic is a Public company that was founded in Kadoma Shi, Ōsaka Prefecture in 1918. Like LG Electronics, Panasonic also works within the Consumer Electronics sector. Panasonic has 203,691 more employees vs. LG Electronics.

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LG Electronics Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$62.7B

LG Electronics's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 67B. Over the last four quarters, LG Electronics's revenue has grown by 55.1%. Specifically, in Q1 2021's revenue was $16.6B; in Q4 2020, it was $20.9B; in Q3 2020, it was $14.5B; in Q2 2020, LG Electronics's revenue was $10.7B.

LG Electronics Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Alphonso, Inc.

Jan 2021

Source »
$80M
Alphonso is a TV advertising technology company that provides analytics, marketing insights and data measurement services for the media sector.
ZKW Group

Apr 2018

Source »
$1.3B
ZKW is a manufacturer and supplier of LED headlamps, laser headlights and other related vehicle components and accessories.
Zenith Electronics LLC

Jan 1995

Source »
undisclosed
Zenith Electronics provides digital rights management system, advanced warning and response network for hospitality and healthcare sectors.

These are all the companies that LG Electronics has acquired. LG Electronics has acquired 3 companies and its latest acquisition was Alphonso, Inc. in Jan 2021. Alphonso is a TV advertising technology company that provides analytics, marketing insights and data measurement services for the media sector.

LG Electronics Funding History

Since LG Electronics was founded in 1958, it has participated in 1 round of funding. In total LG Electronics has raised $748.8M. LG Electronics' funding round was on Jul 2004 for a total of $748.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jul 2004
$748.8M

Since LG Electronics was founded in 1958, it has participated in 1 round of funding. In total LG Electronics has raised $748.8M. LG Electronics' funding round was on Jul 2004 for a total of $748.8M

LG Electronics Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Claroty is a New York-based cybersecurity platform that provides threat detection, network security and related solutions for industries such as energy and pharmaceutical.
$140M
Jun 16, 2021
Series D
-
DataFleets develops a data virtualization platform that provides privacy preserving and access control services for financial and healthcare sectors.
$4.5M
Oct 26, 2020
Seed
-
Shadow develops a cloud-based platform that offers game streaming solutions for PCs and laptops.
-
Mar 12, 2020
Equity
-
Deep Instinct is a New York-based cybersecurity platform that offers automated threat analysis, endpoint security and related solutions for organizations.
$43M
Feb 11, 2020
Series C
-
42dot is a cloud-based platform that provides autonomous transportation solutions for the automotive industry.
$25M
Sep 30, 2019
Seed
-

These are all the companies that LG Electronics has invested in. LG Electronics has invested 3 companies and its latest investment was Alphonso, Inc. in Jan 2021. Alphonso is a TV advertising technology company that provides analytics, marketing insights and data measurement services for the media sector.

LG Electronics News

June 17, 2021TechGenYZ

LG Electronics to launch complex sensors for detecting toxic indoor-dust

LG Electronics will launch a series of new and complex sensors to be used in home settings in the sec... See more »
June 17, 2021Guru3D

LG Electronics announces 31.5-inch 4K organic EL display 32EP950-B

LG Electronics announced the 31.5-inch 4K organic EL display 32EP950-B, a display intended for video ... See more »
June 17, 2021IT Wire

Claroty secures $140 million in funding

Industrial cybersecurity company Claroty has secured $140 million in funding. Claroty plans to use th... See more »
June 16, 2021Telecomlive

LG Electronics researcher to head alliance for 6G technology in US

LG Electronics said on Tuesday one of its senior researchers will head a working group in a North Ame... See more »
June 16, 2021Webindia123

Samsung, LG Electronics will go to Las Vegas to participate in CES 2022

Seoul [South Korea], June 16 (ANI/Global Economic): Samsung Electronics and LG Electronics are going ... See more »
June 16, 2021One America News Network

UK in talks with 6 firms to build gigafactories for EV batteries -FT

(Reuters) -Britain is in talks with six companies for building gigafactories to produce electric vehi... See more »
June 15, 2021MarketScreener

COMMITMENT TO ADVANCING GREEN BUILDING

(marketscreener.com) LG Electronics was honored by the U.S. Green Building Council with the 2021 USGB... See more »

LG Electronics Blogs

January 23, 2017LG Electronics Blog

5 ways to streamline your life

S o you've made a pledge to get organized this year, but don't know where to start? We suggest you ta... See more »
January 23, 2017LG Electronics Blog

6 things to know about the Year of the Rooster

H appy New Year, guys and gals! Here are 6 things you might not have known about the Chinese zodiac... See more »
January 23, 2017LG Electronics Blog

Moroccan Potato and Chickpea Stew

S atisfy even your pickiest eaters with Chef Brian's healthy, heart-smart meal. EquipmentThe post M... See more »
December 6, 2016LG Electronics Blog

Gifts worth splurging on

Looking for something extra special for that extra-nice person on your list? We've got your gift goal... See more »
December 6, 2016LG Electronics Blog

5 ways to hack the holidays and stay organized

Get tips on how to keep this festive season from frazzling you.The post 5 ways to hack the holidays a... See more »
December 6, 2016LG Electronics Blog

It's time to welcome the winter solstice

Did you know that the winter solstice is the oldest and most widely celebrated holiday around the wor... See more »
December 6, 2016LG Electronics Blog

Opening up the pantry for a great cause

LG recently partnered with Chicago's top chefs and tastemakers to raise funds for No Kid Hungry. Lear... See more »

LG Electronics Press Releases

May 26, 2021PR Newswire

LG Celebrates Memorial Day With Big Savings, Extended Warranties On Home Appliances

ENGLEWOOD CLIFFS, N.J., May 26, 2021 /PRNewswire/ -- LG's Memorial Day price promotions are back with... See more »
May 26, 2021PR Newswire Asia

LG Objet Collection Heralds Global Era of Tailored Home Appliances

Diverse Material and Color Choices to Match Any Décor; Comes with LG's Renowned Performance and Quali... See more »
May 24, 2021Accesswire

ParkerVision Files Against LG for Patent Infringement

JACKSONVILLE, FL / ACCESSWIRE / May 24, 2021 / ParkerVision, Inc. (OTCQB:PRKR) announced today that i... See more »
May 14, 2021PR Newswire

LG Helps You Rock Every Occasion In The Kitchen In New 'We Will Knock You' Marketing Campaign

/PRNewswire/ -- Inspiring people to rock every occasion with innovative, stylish LG kitchen appliance... See more »
May 7, 2021PR Newswire

LG To Premiere 'Global Citizen VAX LIVE - Extended Concert Sponsored By YouTube' Live In Times Square

/PRNewswire/ -- LG Electronics USA is partnering with YouTube to premiere Global Citizen's talent-pac... See more »
May 6, 2021PR Newswire

LG Expands Air Care Portfolio With New Energy-Saving Smart Air Conditioners

ENGLEWOOD CLIFFS, N.J., May 6, 2021 /PRNewswire/ -- LG Electronics USA is expanding its residential a... See more »
May 4, 2021Cision Canada

LG Unveils Award Winning 2021 Home Entertainment Lineup in Canada

/CNW/ - LG Electronics Canada (LG), a leader and innovator in the Home Entertainment category continu... See more »

LG Electronics Videos

Social Media

LG Electronics Headquarters

20 Yoido-dong LG Twin Towers

Seoul, Seoul Teugbyeolsi150-721

82-2-3777-1114

Driving Directions »

Trending Companies

LG Electronics Summary

ABOUT

Overview

LG Electronics, Inc. (Korea Exchange: 066570) designs, manufactures, and markets consumer electronics products. LG Electronics, Inc. was established in 1958 as Goldstar and has since led the way into the advanced digital era thanks to the technologica...

CEO

LG Electronics's CEO, Bong Seok Kwon, currently has an approval rating of 73%. LG Electronics's primary competitors are Samsung, Sony & Panasonic.

Website

lg.com

Frequently Asked Questions about LG Electronics

  1. When was LG Electronics founded?

    LG Electronics was founded in 1958
  2. Who is LG Electronics's CEO?

    LG Electronics's CEO is Bong Seok Kwon
  3. How much revenue does LG Electronics generate?

    LG Electronics generates $62.7B in revenue
  4. How much funding does LG Electronics have?

    LG Electronics has historically raised $748.8M in funding
  5. Where is LG Electronics's headquarters?

    LG Electronics's headquarters is in Seoul Seoul Teugbyeolsi, KR
  1. How many employees does LG Electronics have?

    LG Electronics has 39,849 employees
  2. What sector does LG Electronics operate in?

    LG Electronics is in Consumer Electronics
  3. Who are LG Electronics's competitors?

    LG Electronics's top competitors are Samsung, Sony, Panasonic
  4. Who has LG Electronics invested in?

    LG Electronics's has invested in companies such as Claroty, DataFleets, Shadow