<Tr> <Th> Parent </Th> <Td> LG Corporation </Td> </Tr> <Tr> <Th> Website </Th> <Td> www.lg.com </Td> </Tr> <P> LG Electronics Inc . (Lucky Goldstar) (Korean: LG 전자) is a South Korean multinational electronics company headquartered in Yeouido - dong, Seoul, South Korea, and is part of the LG Group, employing 82,000 people working in 119 local subsidiaries worldwide . With 2014 global sales of USD 55.91 billion (KRW 59.04 trillion), LG comprises four business units: Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent . The CEO of LG Electronics is Bon - joon Koo, who assumed the role of vice chairman of LG Electronics on 1 October 2010 . In 2011, LG Electronics was the world's second - largest television manufacturer . </P> <P> In 1958, LG Electronics was founded as GoldStar (Hangul: 금성). It was established in the aftermath of the Korean War to provide the rebuilding nation with domestically - produced consumer electronics and home appliances . LG Electronics produced South Korea's first radios, TVs, refrigerators, washing machines, and air conditioners . Gold Star was one of the LG groups with a brethren company, Lak - Hui (pronounced "Lucky") Chemical Industrial Corp. which is now LG Chem and LG Households . GoldStar merged with Lucky Chemical and LG Cable on February 28, 1995, changing the corporate name to Lucky - Goldstar, and then finally to LG Electronics . </P>

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