# LG Electronics Inc.
> LG Electronics · KRX: 066570 · Seoul, South Korea
- Profile type: Company
- Profile status: baseline
- Last updated: 2026-05-03T00:00:00.000Z
- Canonical URL: https://thestateofstreaming.com/companies/lg-electronics/
- Also known as: LG, LGE, GoldStar
## Summary
LG Electronics is the South Korean consumer-electronics maker behind LG-branded smart TVs, home appliances, vehicle components, and B2B display business. For The State of Streaming it matters as the operator of webOS, one of the world's largest smart-TV operating systems, and as the parent of LG Ad Solutions, the connected-TV ad and ACR business it took control of in 2021 by acquiring Alphonso.

## Company facts

- Ticker: KRX: 066570
- Founded: 1958
- Headquarters: Seoul, South Korea
- Domain: lg.com
- CEO: lyu jae cheol (https://thestateofstreaming.com/people/lyu-jae-cheol/)


## Latest metrics

- Revenue: KRW 89.2 trillion (FY2025 consolidated)
- As of: 2026-01-30
- Source: https://www.lg.com/global/newsroom/news/corporate/lg-electronics-releases-fourth-quarter-and-full-year-2025-financial-results/


## Key facts

- LG Electronics was founded on October 1, 1958 in Seoul, South Korea, as GoldStar Co., Ltd., a subsidiary of Lak-Hui (later LG Corp) under founder Koo In-Hwoi, and rebranded as LG Electronics in 1995. — Wikipedia — LG Electronics: https://en.wikipedia.org/wiki/LG_Electronics
- LG Electronics reported full-year 2025 consolidated revenue of KRW 89.2 trillion and operating profit of KRW 2.48 trillion, the company's highest annual revenue for the second consecutive year. — LG Electronics newsroom: https://www.lg.com/global/newsroom/news/corporate/lg-electronics-releases-fourth-quarter-and-full-year-2025-financial-results/
- Lyu Jae-cheol succeeded William (Joowan) Cho as Chief Executive Officer of LG Electronics effective December 1, 2025; the appointment was announced November 27, 2025 as part of the company's organizational changes for 2026. — LG Electronics newsroom: https://www.lg.com/global/newsroom/news/corporate/lg-announces-organizational-changes-for-2026/
- LG's webOS smart-TV operating system powers more than 200 million LG smart TVs worldwide, and the company is extending it to third-party brands through the webOS Hub licensing program. — LG Electronics newsroom: https://www.lg.com/global/newsroom/news/media-entertainment-solution/lg-launches-upgraded-webos-hub-with-advanced-ai-solutions-for-third-party-brands/
- LG Channels, LG's free ad-supported streaming TV (FAST) service built into webOS, offers more than 4,000 channels across 33 markets globally, with a refreshed identity and personalization features rolled out in late 2025. — Broadband TV News: https://www.broadbandtvnews.com/2025/11/25/refresh-for-lg-electronics-fast-channels/
- LG Electronics acquired a controlling stake of more than 50 percent in Alphonso for nearly $80 million in January 2021; Alphonso was rebranded LG Ads in March 2021 and LG Ad Solutions in December 2022. — LG Ad Solutions press release: https://lgads.tv/press_release/lg-acquires-controlling-stake-in-tv-data-and-measurement-firm-alphonso/


## Related

- lg ad solutions (subsidiary — connected-TV advertising and ACR arm (formerly Alphonso)) — https://thestateofstreaming.com/companies/lg-ad-solutions/
- lg display (affiliated company — display panel manufacturer historically spun out of LG Electronics) — https://thestateofstreaming.com/companies/lg-display/
- webos (LG-developed smart-TV operating system on 200M+ LG TVs and licensed via webOS Hub) — https://thestateofstreaming.com/products/webos/
- lg channels (LG's FAST service, built into webOS across 33 markets) — https://thestateofstreaming.com/products/lg-channels/
- samsung electronics (competitor — primary smart-TV OEM and Tizen OS counterpart) — https://thestateofstreaming.com/companies/samsung-electronics/
- vizio (competitor — smart-TV OEM (SmartCast OS, now under Walmart)) — https://thestateofstreaming.com/companies/vizio/
- hisense (competitor — Chinese smart-TV OEM gaining global share) — https://thestateofstreaming.com/companies/hisense/
- tcl electronics (competitor — Chinese smart-TV OEM and Roku OS partner) — https://thestateofstreaming.com/companies/tcl-electronics/


## External coverage

- LG Electronics: LG Electronics Newsroom (https://www.lg.com/global/newsroom/)
- 2026-01-30 — LG Electronics: LG Electronics Releases Fourth-Quarter and Full-Year 2025 Financial Results (https://www.lg.com/global/newsroom/news/corporate/lg-electronics-releases-fourth-quarter-and-full-year-2025-financial-results/)
- 2025-11-27 — LG Electronics: LG Announces Organizational Changes for 2026 (https://www.lg.com/global/newsroom/news/corporate/lg-announces-organizational-changes-for-2026/)
- LG Electronics: LG Launches Upgraded webOS Hub With Advanced AI Solutions for Third-Party Brands (https://www.lg.com/global/newsroom/news/media-entertainment-solution/lg-launches-upgraded-webos-hub-with-advanced-ai-solutions-for-third-party-brands/)
- Wikipedia: LG Electronics — Wikipedia (https://en.wikipedia.org/wiki/LG_Electronics)

## Profile
LG Electronics matters to the streaming and advertising business on two fronts. The company is one of the two dominant smart-TV operating-system owners outside China — webOS runs on more than 200 million LG TVs and is increasingly licensed to third-party brands through the webOS Hub program — and it operates LG Channels, a FAST service built directly into the home screen across 33 markets. Through its 2021 acquisition of Mountain View ACR specialist Alphonso, now branded LG Ad Solutions, LG also runs the data, measurement, and home-screen ad inventory that turns those installed TVs into a connected-TV media business. The CEO transition from William Cho to Lyu Jae-cheol, effective December 1, 2025, hands the company's media-and-entertainment strategy to a new operator at the top of the 2026 cycle.
## Coverage on The State of Streaming
- [The Roku-TCL Class Action Puts Auto-Update Stewardship on Trial](https://thestateofstreaming.com/devices-distribution/2026/05/roku-tcl-class-action-bricked-tvs/) — 2026-05-03
- [V Set to Overtake LG webOS in Europe, Omdia Forecasts](https://thestateofstreaming.com/devices-distribution/2026/04/hisense-vidaa-overtakes-lg-webos-europe-2026-2/) — 2026-04-27
- [V Set to Overtake LG webOS in Europe, Omdia Forecasts](https://thestateofstreaming.com/devices-distribution/2026/04/hisense-vidaa-overtakes-lg-webos-europe-2026/) — 2026-04-27

## Tags

- smart-tv
- webos
- ctv
- oem
- korea
- fast
- acr
- hardware

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