History

A tale of challenge and ceaseless innovation

High-growth period achieved 
through state-of-the-art 
technology development 
and internal management

Recognized as a giant in the business world by steadfast management

1970
Jan.
  • The second Chairman, Cha-kyung Koo is inaugurated
  • Second Chairman, Cha-kyung Koo is inaugurated
Mar.
  • Goldstar Co., Ltd. goes public for the first time in the Korean electronics industry
1972
Aug.
  • Goldstar Co., Ltd. receives “Promotion Tower Award in the Precision Industry”
Dec.
  • LuckyChemical Co., Ltd. reaches 10 billion won in total sales
1973
Mar.
  • Goldstar Co., Ltd. develops and produces the first Korean cassette recorder
  • Goldstar Co., Ltd. develops and produces the first Korean cassette recorder
1974
Feb.
  • Name is changed from LuckyChemical Co., Ltd. to Lucky Co., Ltd.
1976
Feb.
  • Goldstar Co., Ltd.’s TV production exceeds 1 million units
  • Goldstar Precision Industry is established
Sep.
  • Lucky Co., Ltd. produces the first plastic windows and doors “Hi Chassis” in Korea
  • Lucky produces the first plastic windows and doors “Hi Chassis” in Korea
1977
Aug.
  • Goldstar Co., Ltd. starts mass production of 19-inch color TVs
  • Goldstar Co., Ltd. starts mass production of 19-inch color TVs
1978
Mar.
  • Lucky Petrochemical Co., Ltd is established.
Dec.
  • Lucky Co., Ltd.’s total revenue exceeds 100 billion won
1979
Jan.
  • Lucky Group’s logo is created
  • Lucky Group’s logo is created

LG's Reputation Spreads Worldwide

1981
May
  • Goldstar Co., Ltd. develops the first electronic VCR in Korea
  • Goldstar Co., Ltd. develops the first electronic VCR in Korea
Aug.
  • Goldstar Semiconductor produces first domestic mini computers in Korea
  • Goldstar Semiconductor produces first domestic mini computers in Korea
1982
May
  • Goldstar Co., Ltd. develops first color video camera in Korea
  • Goldstar Co., Ltd. develops first color video camera in Korea
Jul.
  • Goldstar Co., Ltd. develops first projection TV in Korea
  • Goldstar Co., Ltd. opens a color TV factory in Huntsville, Alabama, USA
1983
Jan.
  • Name of Lucky Group is changed to Lucky Goldstar Group
  • Name of Lucky Group is changed to Lucky Goldstar Group
1984
Jan.
  • Logo of Lucky Goldstar Group is changed
  • Bando Corp.’s name is changed to Lucky Goldstar International Corp.
Feb.
  • Goldstar Semiconductor develops the first 8-bit microprocessor in Korea.
  • Goldstar Semiconductor develops the first 8-bit microprocessor in Korea.
1985
Feb.
  • Goldstar Software Co., Ltd. Is established
1986
Apr.
  • Lucky Economic Research Institute (now the LG Economic Research Institute) is established
1987
Jan.
  • STM Co., Ltd. Is established (now LG CNS)
Jul.
  • LG opens the Yonam Science Hall, the first Korean private science museum (now the LG Science Hall)
Oct.
  • Lucky Goldstar Twin Towers (now the LG Twin Towers) is constructed
  • Lucky Goldstar Twin Towers (now the LG Twin Towers) is constructed
1988
Mar.
  • LG Ad is selected as finalist of the New York Festivals International Advertising (TV category)
Nov.
  • Opening ceremony of the LG Academy is held
1990
Feb.
  • Creating Values for Customers and People-oriented Management are adopted as management concepts
  • Creating Values for Customers and People-oriented Management are adopted as management concepts
  • Goldstar Co., Ltd.’s refrigerator production exceeds 10 million units
Mar.
  • The LG Twins, a professional baseball team, is established
Oct.
  • The LG Twins win the 1990 Korean Series championship
  • The LG Twins win the 1990 Korean Series championship
1992
Jun.
  • Yonam Science Hall exceeds 1 million visitors within 5 years
Sep.
  • Goldstar Co., Ltd. completes construction of the Ireland Design Lab
1993
Aug.
  • First Korean growth hormone “Utropin” is developed and commercialized
  • First Korean growth hormone “Utropin” is developed an commercialized
1994
Oct.
  • LG Twins wins the 1994 Korean Series championship