LG was established in 1947 as Korea's first chemical company, also becoming the nation's first electronics company with its expansion into home appliances in 1958. In 1995 the new Corporate identity was launched including the change of the group's name from Lucky-Goldstar to LG.
Today LG is the fourth largest chaebol in South Korea. It's headquarter is located in LG Twin Towers building in Yeouido-dong, Yeongdeungpo-gu, Seoul.
In 2003 LG Corp. was established as a holding company that operates worldwide with companies in the electronics, chemical, telecom, and services fields.