History

The trajectory of LG Electronics, its growth and diversification, has always been grounded in the company ethos of making our customers' lives ever better and easier-happier, even-through increased functionality and fun.

Since its founding in 1958, LG Electronics has led the way to an ever-more advanced digital era. Along the way, our constantly evolving technological expertise has lent itself to many new products and applied technologies. Moving forward into the 21st century, LG continues to on its path to becoming the finest global electronics company, bar none.

 

 

LG Electronics 50-year History

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1958 Founded as GoldStar1959 Produce Korea's first consumer radios1998 Introduce the 60-inch plasma TV1999 Forge joint venture with Philips2003 Enter jo_en GSM handset market2005 Develop 3G UMTS DMB handset2007 Launch HD disc-player and drive
1958
Founded as GoldStar
1960's
Produces Korea's first consumer radios, TVs, refrigerators, washing machines, and air conditioners
1995
Renamed LG Electronics
Acquires U.S.-based Zenith
1997
Introduces world's first CDMA digital mobile-handsets, supplied to Ameritech and GTE in the U.S.
Achieves UL certification in U.S.
Develops world's first IC set for DTV
1998
Unveils world's first 60-inch plasma TV
1999
Establishes LG Philips LCD, a joint venture with Philips
2000
Launches world's first Internet refrigerator
Exports synchronous IMT-2000 to Marconi Wireless of Italy
Significant exports to Verizon Wireless in U.S.
2001
GSM mobile-handset exports to Russia, Italy, and Indonesia
Attains market leadership in Australian CDMA market
Launches world's first Internet washing machine, air conditioner, and microwave oven
2002
Under LG Holding Company system, separates into LG Electronics and LG Corporation
Full-scale export of GPRS colour mobile phones to Europe
Establishes CDMA handset production-line and R&D centre in China
2003
Enters Northern European and Middle East GSM-handset market
Achieves monthly export volume above 2.5 million units (July)
Top global CDMA producer
2004
EVSB, the next-generation DTV transmission technology, chosen to be the U.S./Canada Industry standard by the US ATSC
Commercializes world's first 55" all-in-one LCD TV
Commercializes world's first 71" plasma TV
Develops world's first Satellite- and Terrestrial-DMB handsets
2005
Becomes fourth-largest supplier of to mobile handsets worldwide
Develops world's first 3G UMTS DMB handset, 3G-based DVB-Hand Media FLO DMB phone with time-shift function and DMB notebook computer
Establishes LG-Nortel, a network solutions joint venture with Nortel
2006
LG Chocolate, the first model in LG's Black Label series of premium handsets, sells 7.5 million units, worldwide
Develops the first single-scan 60" HD PDP module and the first 100" LCD TV
Establishes strategic partnership with UL
Acquires world's first IPv6 Gold Ready logo
2007
Launches industry's first dual-format, HD disc-player and drive
Launches 120Hz full HD LCD TV
Demonstrates world-first MIMO 4G-enabled technologies with 3G LTE
Wins contract for GSMA's 3G campaign
2008
Introduces new global brand identity: "Stylish design and smart technology, in products that fit our consumer's lives."
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