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LG Corporation is a South Korean conglomerate that is based in Seoul. LG operates a number of subsidiaries including LG Electronics, LG Display, LG Telecom, and LG Chem. The conglomerate specializes in developing electronics, telecom products, and chemicals. LG Corp. was founded in 1947 by Koo In-Hwoi. Koo first established Lak-Hui Chemical Industrial Corp. in 1947. Today, Lak-Hui (pronounced lucky) is known as LG Chem. The company then expanded its business and created Goldstar Co. Ltd, now known as LG Electronics Inc. Both companies merged and formed Lucky-Goldstar, which was eventually renamed “LG” in 1995.

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LG Rumored To Drop The Optimus Moniker In Favor Of A Different Name

06/11/2013, LG’s series of Android devices have typically been part of the company’s Optimus series of smartphones. Whether it be a high-end device or a low-end one, LG has stuck with the Optimus moniker for quite a while now, although word on the street has it...