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GoldStar | |
Native name | 주식회사 금성사 |
Romanized name | RR: Jusikhoesa Geumseong-sa |
Company type | Public |
Founded | 1958; 67 years ago (1958) |
Defunct | 2002; 23 years ago (2002) |
Fate | Split into LG EI andLG Electronics, then LG EI was merged into LG CI to formLG Corporation. |
Successor | Legal successor merged into LG Corp, business divisions spun off into a newLG Electronics |
GoldStar was a South Korean electronics company established in 1958. The corporate name was changed toLG Electronics andLG Cable on February 28, 1995, after merging withLucky Chemical. LG Cable was spun off from LG Electronics and changed its name toLS Cable in 2005.[1]
GoldStar manufactured a wide variety of products, includingradios,televisions,air conditioners,MSX home computers,LCD games,videocassette recorders,video andaudio cassette tapes,microwave ovens,electronic typewriters,integrated circuits,escalators,elevators,injection molding machines,dehumidifiers,fans, andtractors. GoldStar televisions became a commonly sold brand of consumer television sets in the United States in the 1980s.
GoldStar Precision was a division manufacturing electronic test equipment such asmulti-meters andoscilloscopes and industrial electronics. The name was changed to LG Precision with the merger, with many of the same products and model numbers being produced but with new branding. The measuring device division was acquired by EZ Digital in 1999, again with identical or similar model numbers.[2] The industrial products continue under the company nameLIG Nex1.
GoldStar tractors began in 1975, as a division ofHyundai, in cooperation withYanmar of Japan. In 1977, they began cooperation withFiat of Italy, and in 1983, was acquired by GoldStar. Both companies, Lucky Chemicals and Goldstar Co. Ltd, merged and formed Lucky-Goldstar in this year. That same year, they began cooperation withMitsubishi, and re-established cooperation with Fiat in 1984.[citation needed]
Tractors were sold under theGoldStar andFiat-GoldStar brands. Fiat-GoldStar was a brand of tractors sold in cooperation with the Fiat company of Italy. The Fiat-GoldStar name was discontinued when GoldStar changed its corporate name to LG Cable.[citation needed]
GoldStar also produced some models ofcomputer monitors,optical disc drives and a model/version of multimedia videogame console3DO, along with several manufacturers such asSanyo,JVC orSamsung among others.
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