The company currently comprises four business segments: Home Entertainment, Mobile Communication, Home Appliance & Air Solution, and Vehicle Components. LG’s Home Appliance & Air Solution segment alone generated around 18 billion U.S. dollars in revenue in 2017, making it LG’s largest business segment along with the Home Entertainment segmnt, followed by its Mobile Communication segment. In that same year, LG Electronics also maintained its position as the second largest manufacturer of LCD TVs. Smartphones are also part of LG Electronics’ product portfolio as the company sold 55.7 million units worldwide in 2017, a share of 3 to 4 percent of the global smartphone market.
Around 18 billion U.S dollars in revenue was generated in 2017 by LG in Home Appliance & Air Solution. In the United States, about 34 percent of consumers owned home appliance products from LG.