LG Group

LG also has a joint venture with Hitachi, Ltd.: Hitachi-LG Data Storage [2], which manufacters optical data storage solutions like DVD-ROM drives, CD writers, etc. The B2B publishing group, which features such titles as American Banker and The Bond Buyer, is now known as SourceMedia. Since 2001 LG has two joint ventures with Royal Philips Electronics: LG.Philips Displays and LG.Philips LCD. In late 2004, the company sold its Thomson Media group to a Middle Eastern investment firm. LG has made a joint venture and created LG-Nortel Network. Today, Thomson employs about 38,000 people in 46 countries and claims 20 million customers in 130 countries. The "GS" name, like LG, is derived from the conglomerate's older moniker, this from the "Goldstar" part.[1]. The others are Thomson Learning, Thomson Financial, and Thomson Scientific & Healthcare.

Numerous convenience stores, bookstores, and other retail companies which formerly operated under the LG logo were rebranded. Its largest market group, Thomson Legal & Regulatory, is based in Eagan, Minnesota. In 2005, the company was split; the Koo family retained control of the LG group while the Heo family formed GS Holdings, which includes chemical, construction, telecommunications, and retail business among others. Brands such as Westlaw, FindLaw, Physician's Desk Reference, Thomson First Call, Checkpoint, EndNote, Derwent World Patent Index, Micropatent, Delphion, TradeWeb and Web of Science are produced by the many companies of Thomson including West Publishing, Thomson Financial, ISI, Gale, Dialog Corporation, Brookers, Carswell, CCBN, Course Technology, Gardiner-Caldwell, IHI, Lawbook Co, Peterson's and Sweet & Maxwell. Although the company used to be known as Lucky Goldstar, the corporate Web site states that "LG is not an acronym, there is no full name for LG.". While one may never have heard of Thomson, the likelihood you have heard of, or used, or relied on information provided by their many market-leading brands is very high. LG is a joint cooperation between Koo and Heo families. Today's Thomson Corporation provides much of the specialized information content the world's financial, legal, academic, research and medical organizations rely on every day to make business-critical decisions and drive innovation.

It expanded into the home appliance industry in 1958, becoming the country's first electronics company. Although Thomson sold its newspapers and many of its print magazines, it is still referred to as a publishing company. (now called LG Chemical), was the first chemical company in Korea. The company assumed its current name in 1989 with the merger of Thomson Newspapers and the International Thomson Organization. Established in 1947, Lucky Chemical Industrial Co. In 1978, the acquisition of Wadsworth publishing provided Thomson with its first entry into specialized information, college textbooks and professional books. . Nonetheless, by the end of the 1970s, Thomson Newspaper's circulation in the United States had surpassed the 1 million mark.

Lucky brand was famous for producing household cleaning products and laundry detergents in South Korea. Yet, Thomson's interests moved beyond publishing with the creation of Thomson Travel and acquisition of Britannia Airways in 1965 and 1971 foray into a consortium exploring the North Sea for oil and gas. Before changing their name, many electronic products were sold under the brand name Goldstar, while some other household products (not available outside Korea) were sold under the brand name of Lucky. Roy Thomson's prolific endeavors in publishing had earned him a hereditary title, Lord Thomson of Fleet. The name LG comes from an abbreviation of Lucky Goldstar (럭키금성; RR: leog-ki geumseong), the company's name until 1995. was formed as a publically traded company in Canada. LG is a large South Korean chaebol (conglomerate), producing electronics (including domotics), mobile phones, and petrochemical products. In 1965, Thomson Newspapers, Ltd.

In the 1960s, Thomson's publishing realm had expanded further to included Thomson Publication (UK), a consumer magazine and book publishing house, and the prestigious The Times of London. It held several prominent newspapers in the United Kingdom, including The Sunday Times and The Scotsman, and it owned Scottish Television. By the end of the 1950s, Thomson had grown from a single Canadian newspaper, The Timmins Press, into a global media concern. Since its founding by Roy Herbert Thomson, Thomson's history has been inextricably intwertwined with the media age.

Revenue for 2004 was $8.1 billion. Its stock is listed on the New York (since June 2002) and Toronto Stock Exchanges (ticker symbol TOC). Its singular focus is to provide integrated information solutions to business and professional customers. The Thomson Corporation NYSE: TOC (TSX: TOC) is the world's leading information company.