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Birth and establishment of a new era for chemical and electronics industries
LG founder In Hwoi,Koo set LG history in motion with the establishment of the Lak Hui Chemical Industrial Corp., (currently LG Chem) in 1947.
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01. Lak Hui Chemical Industrial Corp. established Company produces Lak Hui cream (cosmetic)
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04. Cosmetics lab founded
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08. Lak Hui begins producing the first plastic daily necessities in Korea
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11. Lak Hui Industry (currently LG International Co.) established
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10. Lak Hui develops Lak Hui dental cream, the first cream-type toothpaste in Korea
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05. Lak Hui produces the first PVC pipe in Korea
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10. Goldstar Co., Ltd., established currently LG Electronics
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08. Goldstar produces the first radio in Korea
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Foundation for key industries and development
Korea vigorously implemented economic development plans and gradually consolidated the groundwork for its growth, emerging as a developing nation.
Accordingly, LG gradually expanded its chemical and electronics businesses, which created the foundation for a big business group.03. Goldstar develops the first electric fan in Korea
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07. Goldstar develops the first telephone in Korea
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01. Goldstar exports radios for the first time in Korea
Goldstar introduces private loans for the first time in Korea
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09. Goldstar develops the first emergency medical dispatching automatic telephone switch in Korea
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04. Goldstar develops the first refrigerator in Korea
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08. Goldstar develops the first black and white TV in Korea
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07. Lak Hui Oil and Fat Industry develops the first shampoo in Korea
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- 03. Goldstar develops the first room air conditioner in Korea
- 11. Yonam Library established
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- 02. Goldstar develops the first elevator and escalator in Korea
- 05. Goldstar develops the first washing machine in Korea
