INTRODUCTION In 1947, LG was created as the Lak Hui Substance Industrial Co. by Mr. In-hwoi Koo for manufacturing cosmetic creams. After that, the company produced radios, Televisions, refrigerators, washing machines, and air conditioners as Goldstar Co. (presently LG Electronics) in 1958. The LG group was a merger of 2 Korean companies, Blessed and Goldstar; the current LG brand was acronym from the name of the companies. With an increase of than 82. 000 employees and 110..