History
A tale of challenge and ceaseless innovation
High-growth period achieved
through state-of-the-art
technology development
and internal management
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
- 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
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
1977
- Aug.
-
- 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
LG's Reputation Spreads Worldwide
1981
- May
-
- Goldstar Co., Ltd. develops the first electronic VCR in Korea
- Aug.
-
- Goldstar Semiconductor produces first domestic mini computers in Korea
1982
- May
-
- 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
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.
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
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
- 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
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
1994
- Oct.
-
- LG Twins wins the 1994 Korean Series championship