The Business Model of LG

As of April 17, 2026

LG best matches the provided name and website as LG Electronics, the operating electronics company behind the lg.com consumer brand rather than the broader LG holding group. On LG’s global corporate information pages, the company states that it was established in 1958 as Gold Star, rebranded as LG Electronics in 1995, and operates worldwide in areas including home appliances, home entertainment, mobility, and business solutions.

LG lists its company information address as LG Twin Tower, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, which supports Seoul, South Korea as its headquarters. On the same official site, LG states that it has roughly 74,000 executives and employees worldwide across more than 142 local subsidiaries. The company is active and no reliable source reviewed indicates liquidation or dissolution.

1958

Founded

74.000

Employees

Seoul, KOR

Headquarter

Hard Facts

Business Model Canvas

This canvas shows a detailed explanation of how the business model of LG is structured.

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Business Model Patterns

The business model patterns of LG help to understand the mechanics behind the business model. Furthermore you can learn more about the specific business model pattern by clicking learn more.

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SWOT Analysis

The SWOT Analysis of LG is about the strengths, weaknesses, opportunities and threats of the companies business model. By clicking the i you can see a detailed description.

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What makes LG special?

This section is all about the secret sauce of the business model of LG. If there is any incredible information about the founding team (like how they started the business, etc.) you can learn from you can find it here!