“What does LG stand for?" is one of the most common questions asked by mobile phone users who are curious about the manufacturer of their communications device. Well, LG stands for Lucky Goldstar. It is the abbreviation of the company's tagline, “Life's Good". LG Corp. is a conglomerate in South Korea that deals in the production of telecommunications products, chemicals and electronics. One of its subsidiaries, LG Electronics, is one of the biggest players in the world market for mobile phones and HDTV sets. In the market of mobile phones, it is the 3rd largest producer, making it one of the big dogs in the global mobile phone industry. This is why LG Electronics is the flagship company of the aforementioned conglomerate, LG Corp.
baozebub on May 21st, 2017 at 15:15 UTC »
I was a young guy back in the late 80s. Back then, electronics were super expensive, especially in real dollar terms. Back then, a Sony Trinitron was about $400-$500 for a 26 inch tv, and a cheap Sony VCR was no less than $300. Then these companies like Goldstar and Funai sold us stuff for lots cheaper. Like a tv and vcr for about $400 total. Imagine a roomful of guys watching a movie on vcr on a 20 inch tv.
So yeah, LG had to shake off its cheap image.
McGarfield on May 21st, 2017 at 12:45 UTC »
Huh, did you also know that Samsung actually means "Three Stars" in Korean?
Spdrjay on May 21st, 2017 at 12:43 UTC »
Goldstar.
The people who brought you shitty electronics throughout the 90s.
Yay....
(He typed from his LG phone. Under the breeze of his LG air conditioning. Whilst watching his LG TV)