UANI

LG has a company website for Iran in Farsi.

--

"Samsung Electronics and LG Electronics accounted for a combined 30 percent of Iran's mobile phone market, Korean major newspaper Dong-a Ilbo reported in January." (Reuters, "South Korea may limit exports to Iran on payment concerns: sources," 5/17/2012)

--

"The lawmakers underlined a finding by the Congressional Research Service that 20 non-US firms may be in violation of the Iran Sanctions Act. They include Totalfina Elf of France; Italy's ENI; Bow Valley of Canada; the Netherlands' Royal Dutch Shell; Norsk Hydro of Norway; Russia's Lukoil; GVA Consultants of Sweden; Sheer Energy of Canada; LG of South Korea; Norway's Statoil; and Inpex of Japan." (AFP, “US lawmakers urge Obama to use Iran sanctions powers,” 10/21/09)

--

"GIANTS WITH A FOOT IN TEHRAN: Total, Shell, Statoil, BNP Paribas, Commerzbank, MTN, UPS, Linde, Technip, Nokia, Ericsson, Peugeot, Renault, OMV, Societe Generale, ENI, Mitsubishi, Sumitomo, Siemens, LG, Samsung, Bosch, Valeo, Nestle, Unilever, BAT, Japan Tobacco." (The London Times, "American pressure threatens UK firms," 5/27/06)

--

"According to "Tehran Times", Iranian authorized dealers of the audio-visual, air conditioning systems and cellular phones affiliated to the Goldiran Co. got together in the Islamic Republic of Iran's Broadcasting (IRIB) Hall of Conferences in Tehran. The party was thrown in honor of S.S. Kim, chief executive officer and Vice President of the LG Electronics. Kim who is also the chief executive officer of Korean LG Electronics Company and among the 20 top economic managers in the world has received many awards in different managerial fields." (InfoProd, “Iran: Senior Managers of LG Electronics Hold Meeting in Tehran,” 11/18/04)

--

"Iran signed a $1.6 billion contract with South Korea's LG Construction Co. Ltd. to further develop its huge South Pars offshore gas field in the Gulf. With the signing on Sunday, LG took a 42 percent stake in the project. The remaining 58 percent is held by the state-owned energy firms connected to the National Iranian Oil Company." (Associated Press, “Iran, LG of South Korea sign $1.6 billion gas deal,” 9/16/02)