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Is LG Owned by Samsung? What the Company Records Show

By Freedom251 Team · · 1 min read

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No. LG is not a Samsung brand, and Samsung does not own LG Electronics. Their official company histories identify separate businesses: LG Electronics traces its history to Goldstar, while Samsung Electronics is a separately named company within the broader Samsung Group.

Are LG and Samsung the same company?

No. LG Electronics and Samsung Electronics have distinct corporate identities and histories. Both sell consumer electronics, but operating in similar product categories does not mean one company owns or controls the other.

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Samsung also distinguishes Samsung Electronics from Samsung Group. Samsung’s Global Strategy Group describes Samsung Group as a collective term, not a legal entity, and states: “Each company within the Samsung Group is an independent legal entity.” Samsung Global Strategy Group

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Who owns LG Electronics?

LG Corp. is distinct from LG Electronics. In its consolidated financial statements, LG Electronics reported that LG Corp. held 35.3% of LG Electronics’ ordinary shares, excluding preferred shares, as of December 31, 2025. That is a dated ownership figure for a particular share class, not an undated statement of current ownership. LG Electronics 2025 consolidated financial statements

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How did LG and Samsung get their names?

The companies’ histories show separate origins and name changes:

Year Company Milestone
1958 LG’s predecessor LG says Goldstar was established; its history identifies Goldstar as the company now known as LG Electronics. LG company history
1969 Samsung Electronics Samsung’s business report dates the company’s establishment to January 13, 1969, as Samsung Electronics Industry Co., Ltd. Samsung Electronics business report
1984 Samsung Electronics The business report says the company changed its name to Samsung Electronics Co., Ltd. Samsung Electronics business report
1995 LG Electronics LG says it rebranded as LG Electronics after the merger of Goldstar, Lucky Chemical, and Goldstar Cable. LG company history

Why the confusion?

LG and Samsung both make consumer electronics, including products for the home. LG lists home appliances and home entertainment among its business areas. LG corporate information That overlap can make the brands seem closely connected, but product similarity is not evidence of common ownership.

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company ownershipconsumer electronicscorporate historyLGSamsung

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