At LG, we deliver products and services that make lives better, easier and happier though increased functionality and fun. Put simply, we offer the latest innovations to make “Life Good” – from home appliances, consumer electronics and mobile communications to business innovations in digital signage, air conditioning, solar and LED lighting. As a global leader, we strive for greatness in product leadership, market leadership and people leadership to realize our growth strategies.

Employee Rating

3.1More
TypePublic
HQSeoul, KR
Founded1958
Size (employees)37,902 (est)
Websitelg.com
LG was founded in 1958 and is headquartered in Seoul, KR
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Key People/Management at LG

Koo Bon-Moo

Koo Bon-Moo

CEO
Seong Jin Jo

Seong Jin Jo

CEO
Woo Jong Lee

Woo Jong Lee

President & CEO - Vehicle Components Company
Havis Kwon

Havis Kwon

EVP & CEO - Home Entertainment Company
Jong Seok Park

Jong Seok Park

EVP & CEO - Mobile Communications Company
Hwan Yong Nho

Hwan Yong Nho

President & CEO - Air Conditioning & Energy Solution Company
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LG Office Locations

LG has offices in Seoul, Tokyo, Weybridge, Ratingen and in 3 other locations
Ratingen,
Berliner Str 93
Tokyo,
Kyobashi Trust Tower 15F, 2-1-3, Kyobashi, Chuo-ku
Moscow,
Capital Plaza 6th Floor, 4, 4th Lesnoy Pereulok
Weybridge,
Velocity 2, Brooklands Drive, Brooklands
Englewood Cliffs,
1000 Sylvan Avenue
San Diego,
10225 Willow Creek Road
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LG Financials and Metrics

LG Revenue

LG's revenue was reported to be ₩61.40 t in FY, 2017
KRW

Revenue (Q2, 2018)

15.0t

Gross profit (Q2, 2018)

3.9t

Gross profit margin (Q2, 2018), %

26.1%

Net income (Q2, 2018)

326.5b

EBIT (Q2, 2018)

771.0b

Market capitalization (12-Dec-2018)

5.5b

Closing stock price (12-Dec-2018)

7.7

Cash (30-Jun-2018)

4.7t

EV

6.0t
LG's current market capitalization is $5.5 b.
Annual
KRWFY, 2017

Revenue

61.4t

Cost of goods sold

46.7t

Gross profit

14.7t

Gross profit Margin, %

24%
Quarterly
KRWQ1, 2018Q2, 2018

Revenue

15.1t15.0t

Cost of goods sold

11.3t11.1t

Gross profit

3.8t3.9t

Gross profit Margin, %

25%26%
Annual
KRWFY, 2017

Cash

3.4t

Accounts Receivable

8.2t

Inventories

5.9t

Current Assets

19.2t
Quarterly
KRWQ1, 2018Q2, 2018

Cash

3.8t4.7t

Accounts Receivable

7.1t7.7t

Inventories

5.9t6.0t

Current Assets

19.1t20.5t
Annual
KRWFY, 2017

Net Income

1.9t

Depreciation and Amortization

1.8t

Inventories

(1.2t)

Accounts Payable

2.1t
Quarterly
KRWQ1, 2018Q2, 2018

Net Income

729.9b326.5b

Depreciation and Amortization

473.1b944.3b

Inventories

66.0b(66.4b)

Accounts Payable

(108.8b)(928.2b)
KRWY, 2018

EV/EBIT

7.8 x

EV/CFO

3.2 x

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

2.7 x
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LG Revenue Breakdown

Embed Graph

LG revenue breakdown by business segment: 31.3% from Home Appliance & Air Solution, 30.4% from Home Entertainment, 19.0% from Mobile Communications, 5.7% from Vehicle Components, 11.0% from LG Innotec Co., and its sybsidiaries and 2.7% from Other

LG revenue breakdown by geographic segment: 33.0% from Korea, 26.9% from North America, 10.6% from Asia, 10.3% from Europe, 7.2% from South America, 5.1% from Middle East & Africa and 6.9% from Other

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LG Online and Social Media Presence

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LG News and Updates

Save a whopping $1,500 on this LG OLED 4K ultra HD smart TV at Walmart

Editor's note: This story has been updated to include a price match from Walmart. Deals like this don't come around very often. For a limited time, you can get an impressive 65-inch OLED 4K ultra HD smart TV from LG for just $1,799.00. This is an eye-popping $1,500 off its retail price of $3,299.0…

Save $200 on the LG SK9Y sound bar and give your living room movie theater vibes

TV sound systems can leave a lot to the imagination. They are built into un-ideal spots and don't deliver the kind of quality that matches up with the rest of the TV. This has made sound bars and sound systems more of a necessity for anyone looking to have an immersive home theater setup. To that …

LG Doubles InstaView Refrigerator Lineup Just In Time For Labor Day Savings Deals

ENGLEWOOD CLIFFS, N.J., Aug. 23, 2018 /PRNewswire/ -- LG Electronics USA is doubling its award-winning line of LG InstaView™ Refrigerators in response to growing consumer demand, offering consumers even more ways to customize their kitchen with their choice of configuration and finish –...

Best deals for Aug. 23: Save on Dell laptops, Apple iPad Minis, the Samsung Galaxy S9, and 4K smart TVs from Sony and LG

Today is a good day to save on home entertainment and kitchen products, as well as Amazon devices for video streaming and home security. You can also save on great 4K smart TVs too. SEE ALSO: Walmart is now selling high-end brands like Ray-Ban and Calvin Klein and we're obsessed First up, Walmart …

Explore provision of making anti-theft device mandatory for vehicle registration: Delhi LG

Delhi Lt Governor Anil Baijal today instructed authorities to explore the provision of making installation of various safety devices like anti-vehicle theft equipment a "mandatory condition" for registration of vehicles in the national capital. The move intends to prevent vehicle thefts in the city.…

LG's human-centric wearable robot at IFA 2018

Aiming to become a leading developer of service robots, South Korea-based LG Electronics on Thursday said it will unveil its first "human-centric" wearable robot at the upcoming IFA 2018 in Berlin, Germany.
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LG Company Life and Culture

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LG Frequently Asked Questions

  • When was LG founded?

    LG was founded in 1958.

  • Who are LG key executives?

    LG's key executives are Koo Bon-Moo, Seong Jin Jo and Woo Jong Lee.

  • How many employees does LG have?

    LG has 37,902 employees.

  • What is LG revenue?

    Latest LG annual revenue is ₩61.4 t.

  • What is LG revenue per employee?

    Latest LG revenue per employee is ₩1.6 b.

  • Who are LG competitors?

    Competitors of LG include Philips, Plantronics and Electrolux.

  • Where are LG offices?

    LG has offices in Seoul, Tokyo, Weybridge, Ratingen and in 3 other locations.

  • How many offices does LG have?

    LG has 7 offices.