Thursday, 11 April 2019

LG Company Success Story

[4/12, 1:15 AM] vaibhav: Today we are going to talk about LG South Korean multinational corporation People considered as a multinational company of South Korea in electronic segment electronic field but LG sales cosmetic pipe chemicals and detergent toothpaste and also manufactures it LG is into developing innovative products in TV segment they have innovated come up with the first ultra LG TV and LG LED TV they launched smartphone with the quad LG display LG started in 1947 in South Korea initially the name was lak Hui [4/12, 1:23 AM] vaibhav: [4/12, 1:15 AM] vaibhav: Today we are going to talk about LG South Korean multinational corporation People considered as a multinational company of South Korea in electronic segment electronic field but LG sales cosmetic pipe chemicals and detergent toothpaste and also manufactures it LG is into developing innovative products in TV segment they have innovated come up with the first ultra LG TV and LG LED TV they launched smartphone with the quad LG display LG started in 1947 in South Korea initially the name was lak Hui [4/12, 1:23 AM] vaibhav: Initial days for the local market company of manufacturing chemicals cosmetic toothpaste soap cream cosmetic material and also they were venture into plastic industry because this LG is South Korea first plastic industry company after 5 years of launching this company 1952 company was pronounced as a lucky Because company was growing they wanted to diverse into various fields in 1958 ki company started electronic company gold Star the name this company is a good star forever products then lucky and goods are where two different company merged together and then companies name became lucky coaster company started his or its first product radio lucky goldstar started manufacturing new products like friend refrigerator escalator AC mechanic TV extra lucky product also launches their own product shampoo detergent and daily use products company was established in South Korea and they wanted to move to the global level actually I wanted to overcome or capture and cover all the countries in the world company wanted to enter to USA market America market USA is economic power house and population there is huge they have huge demand for the product In 1982 the established goldstar company into US market as electronic company electronic product manufacturing company To give appropriate name for the branding purpose in 1955 that took the initiative of the two companies l lucky alfalah kanji for goldstar LG company with the LG p In those days branding was very important so taking LG as a company name there designed :-) LP commandos and GB, face and there was my spot from 1 January 1955 it was Now LG watch doing business in USA a under the name of LG electronics in 1995 LG launches world's first CDMA phone or mobile in 1998 LG launches world's first plasma TV because of good performance of the company USA government gives lot of award has given lot of award and rewards and certificates in 1999 LG decided to go with the Phillips did partnership with the Phillips LG manufactured words biggest LCD panels in 2010 17 by facturing smartphones LG manufacture words biggest ultra LG phone to TV LG is world's largest second LCD manufacturing company after that also LG launch various various products for the customer live 3D TV smartphone with LG display we are looking LG at any electronic company but LG is group of 30 different companies which include home appliances chemical industry textile cosmetic medical and other companies are managed in LG today two more than 2.5 lacs people are working as as more than 2.5 lakh employee

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