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Last 58,000 KRW
Change Today 0.00 / 0.00%
Volume 211.2K
As of 2:10 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

lg corp (003550) Snapshot

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Day High
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52 Week High
09/29/14 - 77,700
52 Week Low
07/20/15 - 52,300
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for LG CORP (003550)

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lg corp (003550) Details

LG Corp., together with its subsidiaries, operates in the electronics, chemicals, and telecommunications industries worldwide. It offers mobile phones, TV and audio products, video products, home appliances, air conditioners, and IT products for consumers; and commercial TVs, digital signage products, video conference systems, commercial air conditioners, solar power products, home network products, security products, and commercial laundry systems, as well as components, such as motors and compressors for business use. The company also basic materials and chemicals, including synthetic resins, synthetic rubber, and specialty polymers; and information and electronic materials, such as display-related products, including polarizers, 3D film patterned retarders, photo-resists, LCD glass, OLED-related materials, and touch panel materials; green energy related products, such as rechargeable batteries materials, solar cell related materials, and OLED lighting; and other products, such as semiconductor materials and toners for copiers and laser printers, as well as rechargeable batteries, such as lithium-ion cylindrical batteries, lithium-ion polymer batteries, lithium-ion prismatic batteries, and mid and large batteries. In addition, it offers telecommunication services, such as personal services, including mobile, Internet phone, broadband Internet, Internet HD TV, triple play, and cable TV services, as well as business solution services, such as leased line services for infrastructure communications service providers; mobile messaging services for corporate clients, such as corporate groupware service with electronic payment and asset management services for online businesses, supply chain management for providing cooperative solutions between companies, electronic tax services, application services, short message service, multimedia messaging services, etc.; and global roaming phone rental services. The company was founded in 1947 and is based in Seoul, South Korea.

Founded in 1947

lg corp (003550) Top Compensated Officers

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lg corp (003550) Key Developments

LG Corp. Reports Revenue Results for the Second Quarter of 2015

LG Corp. reported revenue results for the second quarter of 2015. For the quarter, revenue was KRW 13.39 trillion, down 7.4% year-on-year and 0.5% lower than in first quarter of 2015 due to weak demand for TV and home appliances in Latin America and Europe. Sales of TV sets were down 18% year-on-year, as revenues slipped to KRW 3.9 trillion. Revenues in the home appliance sector dropped 8% to KRW 4.5 trillion, including a 6% decrease in international sales.

Video Home Electronics Centre Announces Launch of LG's Premium Chest Freezer, Savanna, in Qatar

Video Home Electronics Centre has announced the launch of LG's premium chest freezer, Savanna, in Qatar. Video Home Electronics Centre is the sole distributor of LG in Qatar. The Savanna chest freezer has been specially designed for the extreme temperatures in the Gulf region, which ensures that the food is frozen and preserved to remain fresh for a longer time. The Savanna's blast freezing technology quickly reduces the temperature of food products or fresh produce that reduces the metabolic processes significantly, thereby keeping food fresh longer. The freezer has a patterned VCM silver coloured exterior that provides a premium finish and matches effortlessly with other steel finish appliances. Moreover, the patterned finish is contemporary with a touch of class that blends well with modular kitchens, the statement further notes. The freezer comes with LED lights that are eco-friendly and keeps power consumption low. It is stabilizer-free and can operate on voltages as low as 135V to as high as 290V. Savanna comes with other features such as a key lock, divider for segregating food, basket for small items and a pocket handle for easy grip. LG is also providing a 10-year warranty on the compressor.

LG Chemical to Supply Electric Car Battery to Great Wall Motor Co., Ltd

LG Chemical announced that it has inked supply contract for electric car battery with Great Wall Motor Co. Ltd., agreeing to offer battery for plug-in hybrid car models of the latter in mass production from 2017. Thus, LG Chemical will offer battery for 200,000 electric cars in China, taking the preemptive opportunity locally and paving the way for entering Chinese SUV market. China recorded SUV sales volume of 4.1 million in 2014 and the figure is expected to reach 6.2 million in 2016. LG Chemical planned to complete an electric car battery plant in Nanjing by the end of 2015, which will form top three global production systems with plants in South Korea and US. The Nanjing plant is able to make battery for 100,000 electric cars per year, starting mass production from 2016.


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Industry Average

Valuation 003550 Industry Range
Price/Earnings 11.1x
Price/Sales 1.0x
Price/Book 0.8x
Price/Cash Flow 10.6x
TEV/Sales 0.6x

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