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LG Electronics was established in 1958 and has since led the way into the advanced digital
era thanks to the technological expertise acquired by manufacturing many home appliances such as radios and TVs. LG Electronics has unveiled many new products, applied new technologies in the form of mobile devices and digital TVs in the 21st century and continues to reinforce its status as a global company.
The 1950's
1958
GoldStar (today's LG Electronics) established
1959
Korea's first radio produced
The 1960's
1962
Radio exported to the US and Hong Kong as Korea's first
1965
Korea's first refrigerator produced
1966
Korea's first black & white TV produced
1968
Korea's first air conditioner produced
1969
Korea's first washing machine produced
The 1970's
1974
GoldStar Communication went public
1977
Color TV produced
1978
Exports surpassed US$100 million as Korea's first in the electronics industry
The 1980's
1980
First EU sales subsidiary in Germany (LGEWG) established
1982
Color TV plant in Huntsville in the US established
1984
Sales surpassed 1 trillion Won
1986
European-standard VCR plant in Germany established
1989
Sales subsidiary and a joint production subsidiary in Thailand established
The 1990's
1990
Ireland-based design technology center established
1993
With the establishment of Huizhou subsidiary, China, marketing in China begun full swing
1995
Company name changed to LG Electronics and the US-based Zenith acquired
1997
40-inch PDP TV and the world's first IC set for DTVs developed; India production subsidiary (LGEIL) established
1998
World's first 60-inch PDP TV developed
1999
LG-Philips LCD, a joint venture with Philips, established
The 2000's
2000
LG Information & Communications merged, the word's first Internet-enabled refrigerator launched; global sales of refrigerators reached the number one position
2001
Asynchronous IMT-2000 equipment commercialized; the world's first Internet-enabled washing machine, air conditioner, and microwave oven launched; LG-Philips CRT,
a joint venture with Philips established
2002
Under the LG Holding Company system, the Company spun off to LG Electronics (LGE) and LG Electronics Investment (LGEI) the first home networking system commercialized in the global market
2003
World's first synchronous-asynchronous IMT-2000 mobile phone developed;
the world's largest 76-inch PDP TV developed; CDMA mobile handsets took the largest share in the US CDMA market
2004
EVSB, the next-generation DTV transmission technology, chosen to be the U.S./Canada Industry standard by the US ATSC Commercializes world's first 55" all-in-one LCD TV Commercializes world's first 71" plasma TV Develops world's first Satellite- and Terrestrial-DMB handsets
2005
Becomes fourth-largest supplier of the mobile handsets market worldwide Develops world's first 3G UMTS DMB handset, 3G-based DVB-Hand Media FLO DMB Phone with time-shift function and DMB notebook computer Establishes LG-Nortel,
a network solution joint venture with Nortel
2006
LG Chocolate, the first model in LG's Black Label series of premium handsets, sells 7.5 million units worldwide Develops the first single-scan 60" HD PDP module and 100-inch LCD TV Establishes strategic partnership with UL Acquires the world's first IPv6 Gold Ready logo
2007
Launches the industry's first dual-format, high-definition disc player and drive Launches 120Hz Full HD LCD TV Demonstrated the world-first MIMO 4G-Enabled technologies with 3G LTE Won contract for GSMA's 3G campaign
2008
Introduces new global brand identity: "Stylish design and smart technology,
in products that fit our consumer's lives."