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LG is a South Korean multinational electronics company that has a large presence in North America, South Korea and Asia.
LG was founded in 1947 by In-Hwoi Koo, the founder of Lak-Hui Chemical Industrial Corp.
LG's initial product was a sugar mill that was capable of producing 100 tons of sugar per day.
In 1958, LG entered the electronics industry with the establishment of Gold Star Co., Ltd. The company's first major breakthrough came in 1969 with its development of high fidelity sound systems for home entertainment products such as TVs and radios.
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