CURRENT AFFAIRS

Detailed explanation-1: -Aqara has teamed up with South Korean telecom operator LG Uplus and upgraded the co-branded smart home security solution for local users.

Detailed explanation-2: -Both companies Lucky and GoldStar merged to form Lucky-Goldstar in 1983. GoldStar produced South Korea’s first radio. Many consumer electronics were sold under the brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky.

Detailed explanation-3: -Both companies Lucky and GoldStar merged and formed Lucky-Goldstar in 1983. GoldStar merged with Lucky Chemical and LS Cable on 28 February 1995, changing the corporate name to Lucky-Goldstar, and then finally to LG Electronics.

Detailed explanation-4: -The electronics giant LG Corp. accounts for nearly 70% of the clan’s fortune. The biggest shareholder, Chairman Koo Bon-Moo, lost his only son in 1994 and adopted nephew Koo Kwang Mo, who is in line for succession. The family’s interests span chemicals, telecommunications, fashion and machinery.

Detailed explanation-5: -In 1995, the inexpensive, poor quality, Korean appliance and home electronics brand, Lucky Goldstar, became LG with the slogan, Life’s Good.