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History

Advancement & innovation

From1970 untill1994

  1. 1970
    Rapid growth and expansion During the rapid growth period in the 1970s, LG's management beliefs further evolved toward unity, a pioneering spirit, and research and development.

    01. The second LG Chairman, Cha Kyoung Koo appointed

  2. 1974
    • 02. Lak Hui Chemical Industrial Corp. changes company name to Lucky Corp. (currently LG Chem)
  3. 1976
    • 02. Goldstar Precision Industry (currently LG Innotek) established
    • 09. Lucky develops the first PVC window frame in Korea
  4. 1977
    • 08. Goldstar begins mass production on the 19-inch color TV for the first time in Korean markets
  5. 1978
    • 03. Lucky Petrochemicals established
    • 12. Lucky crosses revenues of KRW 100 billion
  6. 1979

    01. Lucky Group logo designed

  7. 1981
    Globalization and development of cutting-edge technologies
    In the chemical and energy sectors, LG further developed plastics, convenience goods, and precision chemicals. Lucky Co., Ltd., developed as a major sector after 1983 and re-entered the cosmetics industry, expanding its chemical business.

    05. Goldstar develops first electric VCR in Korea

  8. 1983
    • 01. LG changes company name from Lucky to Lucky Goldstar
  9. 1984

    01. New LG logo unveiled

  10. 1986

    04. Lucky Economic Research Institute (currently LG Economic Research Institute) established

  11. 1987
    • 01. STM (currently LG CNS) established
    • 10. Lucky Goldstar completes construction on its HQ Twin Tower buildings
  12. 1990
    • 02. LG declares customer value creation and respect for human dignity as new management principles
    • 03. Founding ceremony of the Lucky Goldstar Sports LG Twins Baseball league held
  13. 1992

    04. Lucky Goldstar celebrates its 'month of the customer'