The South Korean LG Group, one of the four most successful family-run conglomerates in South Korea alongside Samsung, Hyundai, and SK, is primarily known for its electronics and display products worldwide. With the launch of the holding structure, LG Corporation was established with each of LG’s subsidiaries operated independently. As of 2019, there were 12 listed and 55 unlisted companies under LG Corporation. The main source of LG Group's income was still derived from LG Electronics while the chemical sector represented by LG Chem marked a significant growth.
During the last two decades, LG Display has taken over the display industry as the leading maker. As of 2019, LG Display had a sales revenue of 23.5 trillion South Korean won and its main products were display panels for televisions and mobile devices. Recently, LG Display has shifted its focus to producing OLED panels for the automotive and aircraft industry. Along with LG Electronics and LG Chem, the revenue generated by LG Display plays an essential part in the financial status of LG Corporation.
LG Corporation merged several fragmented departments related to telecommunications in 2010. The business was then succeeded by LG U+ which is one of the major carrier service providers in South Korea. LG U+ built the world's first nationwide LTE network in 2012 and 3-band CA commercial networks in 2014. Now, as one of the 5G operators in South Korea, LG U+ has secured around 25 percent of 5G subscriptions and now focuses on discovering various content based on 5G technology.
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In the following 6 chapters, you will quickly find the 26 most important statistics relating to "LG Group of South Korea ".