What is LG vision statement?

What is LG vision statement?

LG Vision Statement By providing differentiated customer value, LG Electronics will pursue earth environment preservation, sustainable social advancement, and improve the quality of life for stakeholders.

What is LG company known for?

LG Electronics is a core company of South Korean conglomerate LG group, alongside LG Chem. Founded in 1958, LG Electronics has led the country’s electronics industry since its early days as the first producer of radios, TVs and other appliances. Now, it is the second-largest electronics maker after Samsung Electronics.

What is LG’s value proposition?

LG’s philosophy revolves around people, sincerity, and sticking to the fundamentals. We have developed our brand image gradually and consistently, always to communicate, “Life’s Good.” We are contemporary yet authentic, always evolving our fundamental philosophies to the modern arena.

What did LG used to be called?

GoldStar
Korea’s LG started in 1947 as Lucky, a chemical company making cosmetics and plastics; it later started another brand called GoldStar, which sold electronics. The brand changed its name to LG in 1995 to elevate its brand for the Western market. It also adopted the same-initialed slogan, “Life’s Good.” 9.

Is LG a good company?

The brand is now recognized as a high quality brand. Its luxury brand would build on the LG brand’s reputation for quality and innovation. This year, 2019, the prestigious J.D Power report lists LG as ranking highest in customer satisfaction across all appliance categories.

What does LG logo symbolize?

The letters “L” and “G” in a circle symbolize the world, future, youth, humanity, and technology. Our philosophy is based on Humanity. Also, it represents LG’s efforts to keep close relationships with our customers around the world.

How many countries is LG in?

It is headquartered in Seoul, Korea and has subsidiaries in 49 countries around the world, including Argentina, Brazil, Chile, Mexico and Colombia.

What is the market cap of LG Electronics?

Market Cap $11.7B LG Electronics, Inc. engages in the manufacturing of display devices, home appliances, multimedia goods, electronic parts and develops software. It operates through the following business areas: Home Entertainment, Mobile Communications, Home Appliance, Air-Conditioning, Energy Solution and Independent business area.

When did LG Electronics become a holding company?

In order to create a holding company, the former LG Electronics was split off in 2002, with the “new” LG Electronics being spun off and the “old” LG Electronics changing its name to LG EI.

What is the mission and vision of LG?

Mission, Vision, and Values of LG. Mission Statement: “We wish to maintain our hard-earned reputation for bringing added value to the lives of consumers.”

What do you need to know about the LG brand?

For your successful business, LG globally provides integrated and customized solutions to various industries. Innovative technology. Premium performance. Expert craftsmanship. *Prices, promotions and availability may vary by store and online. Prices subject to change without notice. Quantities are limited.