LG - Statistics & Facts

Published by Shanhong Liu, Aug 23, 2018
LG Electronics, part of the LG Group corporation, is a multinational electronics company headquartered in Seoul, South-Korea. The company was founded in 1958 with the name GoldStar and renamed to LG Electronics after merging with Lucky Chemical in 1995. Considered one of the leading consumer electronics companies—with around 58 billion U.S. dollars in global revenue. South Korea, North America and Europe make up the companies’ most important markets, with almost two thirds of its revenue coming from these regions.

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.

Interesting statistics

In the following 5 chapters, you will quickly find the 34 most important statistics relating to "LG Electronics".

LG Electronics

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Smartphones & wearables

TV & home entertainment

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