Do we like LG Electronics?
Makes TVs, home appliances, car electronics and heating and cooling systems. Based in Seoul, South Korea.
Our score: 6 out of 10. Mostly a solid, mainstream maker with decent environmental reporting. Smart-TV privacy and fridge-defect settlements keep it from a higher mark. We'd back it, but not with real enthusiasm.
LG Electronics is the appliance and TV arm of South Korea's LG group. It's run by CEO Lyu Jae-cheol, an engineer who joined in 1989 and took the top job on 1 December 2025. Before that he ran the home appliance business.
It's a family-controlled giant. LG Corp is its biggest shareholder, and the Koo family controls LG Corp. Chairman Koo Kwang-mo has led the group since 2018. A family inheritance fight over his shares reportedly ended in 2026, with a Seoul court siding with him.
The biggest recent drama is privacy. In December 2025 Texas's attorney general sued five TV makers over smart-TV viewing data. LG's US arm settled in May 2026 and agreed to ask for consent and add an opt-out pop-up. It admitted no wrongdoing.
Product quality has also ended up in court. A Canadian class action over fridges that stopped cooling settled in 2024, and LG Canada was not found liable. A US fridge settlement was approved in 2020. Both are about defect claims, not proven fraud.
On the environment, LG says its 2025 Scope 1 and 2 emissions came in below its 2030 target and that it has published sustainability reports since 2006. Carbon Trust has certified its OLED TVs for six years running. A decent record, though much of it is LG's own reporting. We land at 6.