LG Electronics was established in 1958 as Goldstar and is now a major South Korean electronics company. It has four business units and produces a wide range of consumer electronics including TVs, appliances, computers, phones, and watches. The document discusses LG's history and expansion, products, training programs for employees, policies against discrimination, and focus on customer service.

1. SUBMITTED TO:
MS. GOLDY AGRAWAL
PRESENTED BY:
KAVITA VERMA
SWASTI CHATURVEDI
TWINKLE CHOUHAN
B.B.A. LL.B. II SEMESTER
SECTION-’B’
TOPIC- LG electronics
SUBJECT- HRD

2. INTRODUCTION
 LG Company was originally established in
the year 1958 as ‘Goldstar’. It was a
merger of two Korean Companies Lucky
and Goldstar.
 It is the second largest producer of
Televisions.
 It has four business units: Home
Entertainment, Mobile Communications,
Home Appliances and Air Solutions.
 It is a South Korean multinational
electronics company employing around
82,000 people worldwide.

3. history
 LG Electronics India Pvt. Ltd., a wholly owned
subsidiary of LG Electronics, South Korea was
established in January, 1997.
 In the year 1998, LG developed the world’s
first 60 inch plasma T.V.
 In the year 1999, it established as a joint
venture with Philips.
 In order to create a holding company, the
former LG Electronics was split off in 2002, the
"old" LG Electronics changing its name to LG
EI.
 It was then merged with and into LG CI in
2003, so the company that started as Goldstar
does not currently exist.

4. products
 LG Electronics' products include
televisions, home theatre systems,
refrigerators, washing machines, computer
monitors, wearable devices, smart
appliances and smartphones.
 LG Electronics launched an OLED TV in
2013 and 65-inch and 77-inch sizes in
2014. It introduced its first Internet TV in
2007. They later renamed to “LG Smart TV”
when more interactive television features
were added.

5. CONT’D.
 LG Electronics manufactures a wide range of
smartphones and tablet devices. Other than
the G3, LG officially unveiled the curved
smartphone, G Flex, on 27 October 2013.
 LG and Google announced the Android Wear-
based smartwatch, the LG G Watch in June
2014.
 In 2015, LG announced the
first Bluetooth keyboard that folds up along the
four rows of keys that can be tossed in a purse
or pocket.
 LG manufactures and sells home
appliances such as refrigerators, washing
machines, vacuum cleaners, kitchen
appliances, air conditioners and even
microwave ovens.

6. LG OLED T.V. which was renamed as LG SMART T.V.
LG G3
LG G FLEX

7. LG G
WATCH
BLUETOOTH
KEYBOARD
LG HOME
APPLIANCES

8. TRAINING AND DEVELOPMENT
 In order to help employees achieve
both individual and organisational
growth, LG has developed the Job
Training Programme as part of
employee training system.
 It has established Business Function
College which offers more than 800 on
and offline courses.
 The employees need to complete at
least two hours training per year.

9. LABOUR MANAGEMENT IN LG

10. HIERARCHY

11. Cont’d.
 LG Electronics has established and
declared a labour policy against
discrimination on the basis of gender,
caste, creed, religion, colour etc.
 LG is making every effort to create a
working environment where employees are
respected and not subjected to
discrimination.
 It is making efforts in recruitment and
overall development of female talent. It is
also encouraging its business
organisations to hire people with
disabilities.

12. conclusion
 LG’s after sales service whether in India
or outside is very quick and is
appreciated by its customers.
 LG’s philosophy revolves around people,
sincerity, and sticking to the
fundamentals. It is to understand its
customers and to offer optimum
solutions and new experiences through
ceaseless innovation, thus helping its
customers lead better lives.