LG Electronics is a South Korean multinational electronics company, the world's second-largest television and fifth-largest mobile phone manufaturer. It is headquartered in Seoul. The company carries out its activity through five divisions: Mobile Communications, Home Entertainment, Home Appliances, Air Conditioning, and Energy Solutions.
The company was founded in 1958 under the name of GoldStar and produced radios, TVs, refrigerators, washing machines, and air conditioners.The LG Group was formed through the merger of two companies from Korea, Lucky and GoldStar, from which the abbreviation of LG was derived.
It had 97,041 employees in 2011.