OverviewSuggest Edit

LG Electronics is a company that provides electronic solutions. It offers a range of products, including televisions, home theater systems, refrigerators, washing machines, computer monitors, wearable devices, smart appliances, and smartphones. It operates through several segments, including HVAC, Commercial Display, Solar, Commercial Laundry, Monitor and PC, Compressor and Motor, and ESS.

TypePublic
Founded1958
HQSeoul, KR
Websitelg.com
Employee Ratings3.4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)73,971
Revenue (FY, 2018)₩61.3 T
Share Price (Jan 2021)₩140 K(-4%)
Cybersecurity ratingDMore

Key People/Management at LG Electronics

Bong Seok Kwon

Bong Seok Kwon

Representative Director, CEO, President
Doo Yong Bae

Doo Yong Bae

Representative Director, CFO, Executive Vice President
Joon-Keun Choi

Joon-Keun Choi

Outside Director (Independent)
Dae-Hyung Kim

Dae-Hyung Kim

Outside Director (Independent)
Yong-Ho Baek

Yong-Ho Baek

Outside Director (Independent)
Young-Soo Kwon

Young-Soo Kwon

Chairman
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LG Electronics Office Locations

LG Electronics has offices in Seoul, Alpharetta, Englewood Cliffs, Huntsville and in 41 other locations
Seoul, KR (HQ)
LG Twin Tower, Yeoeuido-dong
Chéraga, DZ
98 Boulevard Mohamed Boudiaf
Eastern Creek, AU
2 Wonderland Dr
Wien, AT
Guglgasse 15/4a ground
Sao Paulo, BR
Av. Dr. Chucri Zaidan, 920 - Chácara Santo Antônio (Zona Sul)
Toronto, CA
20 Norelco Dr, North York
Show all (52)

LG Electronics Financials and Metrics

LG Electronics Revenue

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View revenue for all periods
LG Electronics's revenue was reported to be ₩61.34 t in FY, 2018 which is a 0.1% decrease from the previous period.
KRW

Revenue (Q2, 2019)

15.6t

Gross profit (Q2, 2019)

4.0t

Gross profit margin (Q2, 2019), %

25.3%

Net income (Q2, 2019)

106.0b

EBIT (Q2, 2019)

652.3b

Market capitalization (15-Jan-2021)

26.3t

Closing stock price (15-Jan-2021)

140.0k

Cash (30-Jun-2019)

3.9m

EV

26.3t
LG Electronics's current market capitalization is ₩26.3 t.
Annual
KRWFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

56.5t55.4t61.4t61.3t

Revenue growth, %

(2%)11%0%

Cost of goods sold

43.6t41.6t46.7t46.3t

Gross profit

12.9t13.7t14.7t15.1t
Quarterly
KRWQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

13.4t14.0t13.2t14.7t14.6t15.2t15.1t15.0t15.4t14.9t15.6t

Cost of goods sold

10.0t10.2t9.9t11.0t10.8t11.6t11.3t11.1t11.6t11.2t11.7t

Gross profit

3.3t3.8t3.3t3.7t3.7t3.6t3.8t3.9t3.9t3.7t4.0t

Gross profit Margin, %

25%27%25%25%26%24%25%26%25%25%25%
Annual
KRWFY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.7t3.0t3.4t4.3t

Accounts Receivable

7.1t7.1t8.2t6.4t

Inventories

4.9t5.2t5.9t6.0t

Current Assets

16.4t17.0t19.2t19.4t
Quarterly
KRWQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

3.3t2.9t3.5t3.0t3.6t3.5t3.8t4.7t4.5t4.1t3.9m

Accounts Receivable

6.8t7.4t6.6t7.4t7.3t7.7t7.1t7.7t7.1t7.2t7.4m

Inventories

5.4t5.2t5.5t5.4t5.6t6.4t5.9t6.0t6.6t6.1t6.2m

Current Assets

17.4t17.3t17.3t17.5t18.3t19.6t19.1t20.5t20.7t20.2t20.1m
Annual
KRWFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

253.0b126.3b1.9t1.5t

Depreciation and Amortization

1.9t1.7t1.8t2.0t

Inventories

461.6b(527.7b)(1.2t)(157.0b)

Accounts Payable

(405.6b)423.5b2.1t(998.0b)
Quarterly
KRWQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

198.1b466.6b385.1b835.7b1.4t1.7t729.9b326.5b1.6t

Depreciation and Amortization

454.3b888.1b1.3t422.7b858.9b1.3t473.1b944.3b1.5t

Inventories

(591.2b)(385.8b)(1.1t)(470.8b)(566.3b)(1.3t)66.0b(66.4b)(635.4b)

Accounts Payable

718.7b244.9b1.2t1.4t520.0b1.4t(108.8b)(928.2b)(304.5b)
KRWFY, 2015

Revenue/Employee

732.2m

Debt/Equity

0.7 x

Debt/Assets

0.2 x

Financial Leverage

2.8 x
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LG Electronics Operating Metrics

Apr, 2019

Patents Issued

74.68 k

Trademarks

4.20 k
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LG Electronics Acquisitions / Subsidiaries

Company NameDateDeal Size
ZKW GroupApril 26, 2018$1.50 b
ACE R&A Co., Ltd.
EASYTEC GLOBAL SERVICES INNOVATION LIMITED
Hanuri Co., Ltd.
Hi Entech Co., Ltd.
HiEntech (Tianjin) Co., LTD.
Hi M Solutek Co., Ltd.
HI M SOLUTEK HVAC SERVICE AND MAINTENANCE LLC
HI-M SOLUTEK PHILIPPINES INC.
HI-M SOLUTEK VIETNAM CO., LTD.
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LG Electronics Revenue Breakdown

Embed Graph

LG Electronics revenue breakdown by business segment: 12.7% from Mobile Communications, 30.9% from Home Appliance & Air Solution, 12.7% from LG Innotec Co., and its sybsidiaries, 6.8% from Vehicle Components, 25.9% from Home Entertainment and 10.9% from Other

LG Electronics Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

LG Electronics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

LG Electronics Online and Social Media Presence

Embed Graph

LG Electronics Company Culture

  • Overall Culture

    A+

    78/100

  • CEO Rating

    A+

    82/100

  • Compensation

    A+

    92/100

  • Diversity

    A+

    81/100

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LG Electronics News and Updates

Magna in Electric-Car Parts Joint Venture With LG Electronics

LG Electronics in Electric-Car Part Joint Venture With Magna

Genius Brands International Inks Deal With LG Electronics USA to Offer Kartoon Channel! App Across LG Smart TVs, Further Expanding the Reach of the Premiere Children’s Entertainment Destination

Kartoon Channel! and Kartoon Classroom! Now Reaches Nearly 100% of All U.S. Television Households and Available on Over 300 Million Devices Kartoon Channel! and Kartoon Classroom! Now Reaches Nearly 100% of All U.S. Television Households and Available on Over 300 Million Devices

Wearable Technology Market Future Outlook – Fitbit, Qualcomm Technologies, Garmin, Apple, LG Electronics, Xiaomi Technology, Jawbone

WiseGuyRerports.com Presents “Global Wearable Technology Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Arçelik A.Ş. and LG Electronics Inc settle patent disputes

ISTANBUL, Nov. 13, 2020 /PRNewswire/ -- Arçelik A.Ş. and LG Electronics Inc, recently settled all patent disputes related to refrigerator ice making technology and washing machine technology. Accordingly, lawsuits in Germany, France, and Spain have been terminated. Both parties are...

Global OLED Display Market (2020 to 2024) - Featuring BenO, EMagin and LG Electronics Among Others

Dublin, Oct. 06, 2020 (GLOBE NEWSWIRE) -- The "Global OLED Display Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The OLED display market is poised to grow by $ 37.25 billion during 2020-2024 progressing at a CAGR of 17% during the forecast period. The reports on OL…

Absorption Chillers Market 2029 Prominent Players: Robur Corporation, Trane, Inc., Carrier Corporation, LG Electronics, Inc.

Absorption Chillers Market 2029 Prominent Players: Robur Corporation, Trane, Inc., Carrier Corporation, LG Electronics, Inc. Posted via Industry Today. Follow us on Twitter @IndustryToday
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LG Electronics Frequently Asked Questions

  • When was LG Electronics founded?

    LG Electronics was founded in 1958.

  • Who are LG Electronics key executives?

    LG Electronics's key executives are Bong Seok Kwon, Doo Yong Bae and Joon-Keun Choi.

  • How many employees does LG Electronics have?

    LG Electronics has 73,971 employees.

  • What is LG Electronics revenue?

    Latest LG Electronics annual revenue is ₩61.3 t.

  • What is LG Electronics revenue per employee?

    Latest LG Electronics revenue per employee is ₩829.3 m.

  • Who are LG Electronics competitors?

    Competitors of LG Electronics include Panasonic, Samsung Electronics and iRobot.

  • Where is LG Electronics headquarters?

    LG Electronics headquarters is located at LG Twin Tower, Yeoeuido-dong, Seoul.

  • Where are LG Electronics offices?

    LG Electronics has offices in Seoul, Alpharetta, Englewood Cliffs, Huntsville and in 41 other locations.

  • How many offices does LG Electronics have?

    LG Electronics has 52 offices.