The company was originally established in 1958 as GoldStar, producing radios, TVs, refrigerators, washing machines, and air conditioners. The LG Group was a merger of two Korean companies, Lucky and GoldStar, from which the abbreviation of LG was derived. The current "Life's Good" slogan is a backronym. Before the corporate name change to LG, household products were sold under the brand name of Lucky, while electronic products were sold under the brand name of GoldStar (Hangul:금성). In January 2009 LG was able to buy the domain name, LG.com, placing it among the companies who own their two letter brand's domain name.
LG Electronics is the world's third largest handset maker behind leader Nokia, and Samsung. LG said it expects a significant increase in mobile phone sales this year 2010, while 20 new smartphones present and aims to become one of the leading manufacturers in the sector by 2012. The Korean company hopes to sell 140 million phones in 2010, said Skott Ahn, CEO of mobile phone unit. That would mean an increase compared to the past year, where an estimated 117 million sold units. Ahn said LG Electronics reported a global market share in double digits in 2009 for the first time, despite a 5% contraction in the global market. "In 2010 we will build the foundation to become the global number two in 2012," said Ahn. Overall, LG sold 116.7 million mobile phones in 2010, corresponding to a market share of 8.4%. LG mobile devices are made for GSM networks as well as for CDMA networks worldwide. LG phones are available also in unlocked versions that can be used on any GSM network worldwide and not just for a specific carrier's network.
LG + Shopping = A4C
Here at A4C we carry a wide range of LG products made specifically for your LG phone. Whether you need a spare battery or charger, a high quality stereo headset to listen to your music, a case or shell for added protection, or even replacements parts, we've got you covered. For specific items made by LG exclusively for LG phones, check out our links (below) for your browsing pleasure. Should you not see a specific product you are looking for, please contact us and we will be glad to assist you.
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