What Does LG Electronics Do?

Total employees63132
HeadquartersSeoul
Founded

LG Electronics is a global technology innovator primarily known for its wide range of consumer electronics, home appliances, and mobile communications. From cutting-edge OLED TVs and smart refrigerators to energy-efficient washing machines and air solutions, LG aims to enhance daily life with smart, user-friendly products. The company is also expanding its presence in B2B sectors like automotive components and digital signage, continually pushing the boundaries of technology with a focus on sustainability and customer value. For end-users, LG represents a blend of innovation, quality, and design in products that integrate seamlessly into modern lifestyles.

Where Is LG Electronics's Headquarters?

HQ Function

Serves as the primary center for global strategy, R&D leadership, corporate management, and decision-making for all LG Electronics business units.

Notable Features:

The LG Twin Towers are an iconic architectural landmark in Seoul, known for their distinctive design. The complex includes advanced building management systems, extensive employee amenities such as cafeterias, fitness centers, and green spaces, reflecting a focus on employee well-being and operational efficiency.

Work Culture:

LG's headquarters fosters a culture of innovation and continuous improvement, guided by its 'Jeong-Do Management' philosophy (management based on ethical principles). While maintaining a structure typical of large Korean corporations, there's an increasing emphasis on fostering creativity, collaboration, and customer-centric solutions.

HQ Significance:

The Seoul headquarters is pivotal for LG's global operations, driving technological advancements, product development, and strategic partnerships. It symbolizes LG's status as a major global technology company.

Values Reflected in HQ: The headquarters' focus on advanced technology, R&D facilities, and its prominent location reflect LG's values of innovation, leadership, global reach, and commitment to quality.

Location:

LG Electronics operates globally with a significant presence in Asia, North America, Europe, Latin America, the Middle East, and Africa. Its functions are supported worldwide through an extensive network of R&D centers, manufacturing facilities, sales subsidiaries, and customer service operations. This allows LG to develop, produce, and market its wide range of products—from consumer electronics and home appliances to vehicle components and business solutions—tailored to regional needs while maintaining global quality standards.

Street Address:

LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu

City:

Seoul

State/Province:

N/A

Country:

South Korea

Where Else Does LG Electronics Operate Around the World?

Englewood Cliffs, New Jersey, USA

Address: 111 Sylvan Ave, Englewood Cliffs, NJ 07632, USA

To drive growth and market leadership in the key North American market, tailoring product offerings and marketing strategies to meet local consumer demands and B2B client needs.

Eschborn, Germany

Address: Alfred-Herrhausen-Allee 3-5, 65760 Eschborn, Germany

To strengthen LG's brand presence and market share in Europe, adapting to diverse local market conditions and ensuring compliance with regional standards and consumer preferences.

Bangalore, India

Address: LG Soft India, Embassy Tech Square, Marathahalli - Sarjapur Outer Ring Rd, Kadubeesanahalli, Bengaluru, Karnataka 560103, India

To serve as a critical innovation hub, leveraging local talent to develop cutting-edge software and technologies that enhance LG's product competitiveness worldwide and support its digital transformation.

Buying Intent Signals for LG Electronics

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading LG Electronics? Meet the Executive Team

As of April 2025, LG Electronics' leadership includes:

William Cho (Cho Joo-wan) - Chief Executive Officer (CEO)
Kim Chang-tae - Chief Financial Officer (CFO) & Executive Vice President
Kim Byoung-hoon - Chief Technology Officer (CTO) & Executive Vice President
Lee Sam-soo - Chief Strategy Officer (CSO) & Executive Vice President
Lyoo Jae-cheol - President of Home Appliance & Air Solution (H&A) Company
Park Hyoung-sei - President of Home Entertainment (HE) Company
Eun Seok-hyun - President of Vehicle component Solutions (VS) Company
Jang Ik-hwan - President of Business Solutions (BS) Company

Who's Investing in LG Electronics?

LG Electronics has been backed by several prominent investors over the years, including:

LG Corp. (Holding Company, Largest Shareholder)
National Pension Service of Korea
Various domestic and international institutional investors (as it is publicly traded)

What Leadership Changes Has LG Electronics Seen Recently?

Hire1
Exits1

LG Electronics experienced a key leadership change in its finance division in early 2024 with the appointment of a new CFO. Additionally, the company announced broader executive promotions and reshuffles in late 2023 aimed at strengthening its business units and fostering future growth with a new generation of leaders.

Departures

Bae Doo-yong, Bae Doo-yong retired from his role as Chief Financial Officer of LG Electronics.

New Appointments:

Kim Chang-tae, Kim Chang-tae was appointed as the new Chief Financial Officer for LG Electronics, bringing extensive finance and strategy experience.
Lyoo Jae-cheol, Lyoo Jae-cheol, formerly head of the H&A living appliance business, was promoted to President of the entire H&A Company.

What Technology (Tech Stack) Is Used byLG Electronics?

Discover the tools LG Electronics uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

LG Electronics Email Formats and Examples

LG Electronics typically uses a standard corporate email format, most commonly combining the employee's first and last name with the company domain.

[first].[last]@lge.com

Format

john.doe@lge.com

Example

85%

Success rate

What's the Latest News About LG Electronics?

LG Newsroom USA • May 20, 2024

LG Business Solutions Expands U.S. Digital Signage Manufacturing in Huntsville, Alabama

LG Business Solutions USA announced an expansion of its commercial display production at its Huntsville, Alabama, facility. This strategic move aims to bolster the U.S. supply chain for digital signage and meet the growing North American demand....more

LG Newsroom • April 25, 2024

LG Electronics Announces Strong First-Quarter 2024 Financial Results Driven by Core Business Growth

LG Electronics reported robust Q1 2024 earnings with consolidated revenue of KRW 21.09 trillion and an operating profit of KRW 1.33 trillion. Growth was attributed to strong performances in home appliances, air solutions, and vehicle components, alongside a strategic focus on AI-powered products and B2B market expansion....more

LG Newsroom • January 8, 2024

LG's CEO Shares Vision to Transform into a Smart Life Solution Company and Reinforce Future Growth Engines

At CES 2024, LG CEO William Cho outlined the company's vision to evolve into a 'Smart Life Solution Company.' This includes expanding its business portfolio, accelerating B2B growth, and innovating new business models based on AI, IoT, and other emerging technologies to enhance customer experiences....more

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