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LG Electronics Inc. (Korean: LG전자) is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea, and is part of the LG Group, employing 82,000 people working in 119 local subsidiaries worldwide. With 2014 global sales of USD 55.91 billion (KRW 59.04 trillion), LG comprises four business units: Home Entertainment, Mobile Communications, Home Appliance & Air Solution, and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub- continent. The CEO of LG Electronics is Koo Bon-joon, who assumed the role of vice chairman of LG Electronics on 1 October 2010. In 2011, LG Electronics was the world 's second -largest television manufacturer.