The parent business of LG Electronics is LG Corporation, South Korea’s fourth-largest corporation. ?
Earlier, LG Electronics made smartphones plus tablets. Home appliances made by LG include microwaves, air conditioners, vacuum cleaners, washing machines, and tumble dryers.
A blogger found in November 2013 that some LG smart TVs secretly gather information about program viewing and filenames from connected USB storage devices.
This incident puts a question mark on the reliability of the tech Giant, making people search for other options. Let’s explore together a few of those!?
LG
Year Founded: 1947
Headquarters: Busan, South Korea
CEO: Koo Kwang MO
? Key Features:
- Manufactures remote control models.
- Use webOS with a ribbon interface.
- Uses ultrasonic waves that are silent to humans but force mosquitoes to fly away.
- Deliver high-quality craftsmanship.
? Pricing info:
Prices vary depending on the gadget you own.
Pros And Cons Of LG
| ✅ Pros: | ❌ Cons: |
|---|---|
| The product has very generous pricing. | Software updates are never decent. |
| Excellent stability. | Some functions are very sluggish. |
| Appealing features. | Quit producing smartphones. |
Reviews and Ratings:
- Employee Rating: 3.4/5 stars from 75,890 Employees (Source: Craft)
- Consumer Rating: 1.38/5 stars from 278 Reviews (Source: Sitejabber)
Top 10 Best LG Competitors
- Samsung
- Panasonic
- Apple
- Philips
- Sony
- Whirlpool
- Haier
- Toshiba
- Xiaomi
- Huawei
Top LG Competitors That Will Leave You Awestruck!
Samsung
Year Founded: 1938
Headquarters: South Korea, Daegu
CEO: Kim Ki Nam
South Korean company Samsung is one of the main producers of electrical goods. ?
Electronics for consumers and businesses, such as technology solutions, streaming devices, semiconductors, and appliances, are what Samsung concentrates on making.
Samsung Electronics America, Inc. is happy to share that it won the most J.D. Power Awards for household appliances than any other brand in 2022, per the J.D. Power 2022 U.S. Appliance Satisfaction Survey.?
Generally, both brands offer competitive features; however, LG charges significantly less for its goods.
Regarding kitchen appliances, Samsung could beat LG. Samsung is the brand with the most J.D. Power Awards for home appliances.
? Key Features:
- Focus on consumer-oriented innovation.
- Significant investment in research and development by the corporation.
- The most extensive customer assistance.
- Excellent network of repair services.
? Pricing info:
Depending on the gadget you have.
Pros And Cons Of Samsung
| ✅ Pros: | ❌ Cons: |
|---|---|
| Android phones from King. | Some gadgets have short battery lives. |
| Many features are easily accessible. | Some devices have high price tags. |
| Easier and quicker. | Pre-installed superfluous features. |
Reviews and Ratings:
- Employee Rating: 3.8/5 stars from 2,66,673 Employees (Source: Craft)
- Consumer Rating: 1.58/5 stars from 1,200 Reviews (Source: Sitejabber)
Panasonic
Year Founded: 1918
Headquarters: Osaka, Japan
CEO: Yuki Kusumi
In addition to offering a wide range of products and services, Panasonic was once the world’s largest consumer electronics manufacturer. ?
These products and services include rechargeable, automotive, and navaids equipment, industrial systems, home renovation, and development.
Panasonic revealed a restructuring strategy that would divide the business into Panasonic. Panasonic Corporation’s goods and services are sold globally under the Panasonic name.
According to ratings from LG customers, LG is currently ranked #398 out of the top 1000 global brands.
Customers put Panasonic’s brand at #826 out of the top 1000 global brands.
Due to the lack of ratings, the LG Team Culture Evaluations could be calculated. In contrast, Panasonic staff members evaluate their CEO.?
? Key Features:
- A versatile and open design.
- Reliability.
- Supports the ecosystem.
? Pricing info:
Depending on the item you have from this brand.
Pros And Cons Of Panasonic
| ✅ Pros: | ❌ Cons: |
|---|---|
| Best TV brand by 2022. | The products are pricey. |
| Create sets with high-quality 4K images. | Limited stock. |
| The market valuation currently stands at $17.40B. | Not customer-friendly products. |
Reviews and Ratings:
- Employee Rating: 3.8/5 stars from 235,714 Employees (Source: Craft)
- Consumer Rating: 2.25/5 stars from 8 Reviews (Source: Sitejabber)
Apple
Year Founded: 1976
Headquarters: Cupertino, California, United Kingdom
CEO: Tim Cook
Apple Inc. (Apple) creates, produces, and sells mobile phones, tablets, desktop computers (PCs), portable electronics, and wearable technology. ⭐
Apple is among the biggest businesses in the world, with a market valuation of more than $2 trillion.
Apple’s brand identity says that they are sleek, cutting-edge, and creative. These messages are tailor-made to be relevant to the tech sector and its target audience.
According to ratings from Apple customers, Apple’s brand is ranked #6 out of the top 100 global brands.
According to ratings from LG customers, LG is currently ranked #398 out of the Global Top 1000 Brands.
Due to inadequate ratings, the Team Culture Reviews for Apple could be calculated.
LG employees give their CEO, Seong-Jin Jo, an 82/100 rating?. This rating is 2% better than the CEO of Apple’s rating.
? Key Features:
- Outstanding Excellence.
- Creativity.
- Innovation.
- Secrecy.
? Pricing info:
Apple sells its products mostly at higher prices.
Pros And Cons Of Apple
| ✅ Pros: | ❌ Cons: |
|---|---|
| Easy Integration. | Devices are much more expensive. |
| Trusted foundation. | Not customizable. |
| More secure. | No torrent client. |
Reviews and Ratings:
- Employee Rating: 4.2/5 stars from 164,000 Employees (Source: Craft)
- Consumer Rating: 3.34/5 stars from 1,974 Reviews (Source: Sitejabber)
Philips
Year Founded: 1891
Headquarters: Eindhoven, Netherlands
CEO: Roy Jakobs
Philips’s world headquarters is in Amsterdam, where the company is registered as a Naamloze Vennootschap (public corporation) in the Netherlands. ?
Philips creates integrated services by fusing trimming technology with in-depth clinical and consumer understanding.
In addition to diagnostic imaging, graphics treatment, health care, and medical technology, the company is a pioneer in home care for patients and in-home treatment.
The best smart TV is an LG, offering a wider range than a Philips. In 2001, Philips Electronics in the Netherlands and LG Electronics in South Korea formed a joint venture called Philips Displays. ?
Philips is listed as the 98th best global brand out of the top 100.
? Key Features:
- Leader in diagnostic imaging.
- Lead in cardiac care.
- Deliver exceptional & long-term value.
- Conscientious of society and the environment.
? Pricing info:
The cost of a product changes depending on the item.
Pros And Cons Of Philips
| ✅ Pros: | ❌ Cons: |
|---|---|
| Impressive design. | The product lacks a sensor. |
| Decent product performance. | Problem with product heating. |
| Reasonable pricing. | Some products’ battery life depreciates. |
Reviews and Ratings:
- Employee Rating: N/A stars from 77,233 Employees (Source: Craft)
- Consumer Rating: 3.06/5 stars from 17 Reviews (Source: Sitejabber)
Sony
Year Founded: 1946
Headquarters: Nihonbashi, Tokyo, japan
CEO: Kenichiro Yoshida
Tokyo, Japan’s Sony Corporation, was established in 1946 to design and sell electronics. Game consoles and software are some of its products. ?
Like Samsung and LG, Sony operates through different business divisions, including financial services, mobile communications, network services, gaming, and product imaging and solutions.
The company employs about 14,000 people.
In general, LG TVs are rated lower than Sony TVs. This is because, in contrast to LG TVs, lower refresh rate TVs contain Motion Flow technology that lessens motion blur.
The OLEDs from Sony are more real and organic. Sony is renowned for producing excellent televisions.?
? Key Features:
- Leading supplier of audio/video electronics.
- Excellent distribution networks
- Secured communication.
- Data Storage protection.
? Pricing info:
Depending on the item you own.
Pros And Cons Of Sony
| ✅ Pros: | ❌ Cons: |
|---|---|
| The design is excellent. | The product’s battery life is below average. |
| Built quality is excellent. | The product’s screens are subpar. |
| the camera system has great underlying potential | The camera system has great underlying potential |
Reviews and Ratings:
- Employee Rating: 4.1/5 stars from 108,900 Employees (Source: Craft)
- Consumer Rating: 2.8/5 stars from 66 Reviews (Source: Sitejabber)
Whirlpool
Year Founded: 1911
Headquarters: Benton Harbor, Michigan, United States
CEO: Marc Bitzer
The business was established in the United States in 1898, and Michigan serves as its corporate headquarters. ?
By the middle of this year, it will have 93,000 total employees. Whirlpool produces household appliances.
Laundry appliances, refrigerators and freezers for the home, mixers, kitchen appliances, air conditioning equipment, and so forth are some of its items.
When comparing refrigerator models from LG and Whirlpool, they both have the same capacity and energy rating (4 stars).
These two models don’t differ from one another. There isn’t much of a difference in pricing, though, making Whirlpool a direct competitor of the LG brand.?
? Key Features:
- Durability & budget-friendly.
- Manufacturer and marketer of home appliances.
- Whirlpool takes pride in producing authentic spare parts.
- Efficiency and dependability.
? Pricing info:
Depending on the item you own, the cost varies from product to product.
Pros And Cons Of Whirlpool
| ✅ Pros: | ❌ Cons: |
|---|---|
| Reasonable performance. | Limited range of products. |
| Less energy consumption. | Inadequate client service. |
| Cost-friendly. | Functional Deficiencies. |
Reviews and Ratings:
- Employee Rating: 4.1/5 stars from 61,000 Employees (Source: Craft)
- Consumer Rating: 1.19/5 stars from 64 Reviews (Source: Sitejabber)
Haier
Year Founded: 1984
Headquarters: Qingdao, China
CEO: Zhang Ruimin
Haier Company Ltd. primarily manufactures and markets air conditioning units, microwave ovens, freezers, minibars, refrigerators, beverage machines, washing dryers, and other electrical and household items.
Euro-monitor figures from 2014 show that Haier, with a 10.2% market share, had the greatest market share for white goods globally. ?
Regarding market share for large household appliances, Haier dominated for the sixth year.
Regarding pricing, function, and customer service, Haier competes with LG in the market for home electronic appliances, including refrigerators.
Haier provides superior customer service to LG, making it a tough competitor of the other.
? Key Features:
- Extremely creatively exporting.
- International branding strategy.
- Multi-domestic exporting.
- Attitude branding.
? Pricing info:
Depending on the item you own, the cost varies from product to product.
Pros And Cons Of Haier
| ✅ Pros: | ❌ Cons: |
|---|---|
| Fashionable design. | Device heating issues. |
| Modern refrigerators. | Repair problem. |
| Reasonable price of products. | No Efficiency. |
Reviews and Ratings:
- Employee Rating: 3.7/5 stars from 99,299 Employees (Source: Craft)
- Consumer Rating: 1.2/5 stars from 606 Reviews (Source: Trustpilot)
Toshiba
Year Founded: 1875
Headquarters: Tokyo, Japan
CEO: Taro Shimada
Toshiba Corporation produced and sold electronic items. It operates in several regions, including electricity and infrastructure, medical centers, community solutions, home accessories, and electronic gadgets.
Energy and infrastructure include facilities for generating wind, solar, and geothermal electricity.
Toshiba TVs typically provide comparable features and costs to low-cost brands like LG. ??
Particularly in gaming, compared to LG, Toshiba can offer fantastic bargains on feature-rich TVs you probably won’t be able to beat for value.
? Key Features:
- Digital solution.
- Power system.
- Social infrastructure.
- Innovation for something new.
? Pricing info:
Depending on the item you own, the cost varies from product to product.
Pros And Cons Of Toshiba
| ✅ Pros: | ❌ Cons: |
|---|---|
| Extremely robust. | Ordinary design. |
| Resellability. | Poor functionality. |
| Fair price. | Outdated software. |
Reviews and Ratings:
- Employee Rating: 3.4/5 stars from 116,224Employees (Source: Craft)
- Consumer Rating: 3.3/5 stars from 63 Reviews (Source: Trustpilot)
Xiaomi
Year Founded: 2010
Headquarters: Beijing, China
CEO: lei Jun
Chinese software and electronics company Xiaomi Inc. is based in Beijing. Regarding producing smartphones, the company is the fifth largest in the world.
Additionally, it produces mobile apps and computers. ?
2011 saw the launch of Xiaomi’s first smartphone. Since then, the business has grown to produce various consumer gadgets and has significantly increased its market share.
While LG develops its smartphones over a long period, Xiaomi releases new devices often, attracting users.
Xiaomi products outperform LG brands in terms of price because they launched their products at a very reasonable cost compared to LG.?
? Key Features:
- Rapid product release.
- Affordable price
- Significantly diminished resale value.
- Attractive appearance.
? Pricing info:
Which product we own depends on its price, which may occasionally fall during an offer period.
Pros And Cons Of Xiaomi
| ✅ Pros: | ❌ Cons: |
|---|---|
| A wide range of functions is available. | Data security. |
| Software updates. | Shoddy construction. |
| The screen is tiny, which appeals to the majority of the user. | Subpar long-term performance. |
Reviews and Ratings:
- Employee Rating: 3.9/5 stars from 33,427 Employees (Source: Craft)
- Consumer Rating: 3.46/5 stars from 59 Reviews (Source: Sitejabber)
Huawei
Year Founded: 1987
Headquarters: Shenzhen, China
CEO: Ren Zhengfei
A Chinese military officer invested $5680 to launch Huawei. It is now one of the leading businesses in peripherals and telecoms.
With an estimated 75 billion dollars in yearly revenues, it employed 180,000? people in more than 170 nations.
After Samsung and Apple, Huawei is the third largest seller of phones and accessories, with a market share of about 20%. The brand value of the corporation is estimated to be $7.3 billion.
Huawei has higher customer satisfaction ratings than LG, which shows it competes with LG.
Comparing Huawei to LG, the latter’s construction quality is improving daily, and Huawei presently increases output in the smartphone industry compared to LG.
? Key Features:
- Reliability.
- Resale potential.
- Actual cost.
- Creative appearance.
? Pricing info:
Depending on the item you own, the cost varies from product to product.
Pros And Cons Of Huawei
| ✅ Pros: | ❌ Cons: |
|---|---|
| Innovative high-tech design. | Security issue. |
| Delicate design. | Lack of performance |
| Moderate price. | Software and hardware are outdated. |
Reviews and Ratings:
- Employee Rating: 3.7/5 stars from 207,000 Employees (Source: Craft)
- Consumer Rating: 1.5/5 stars from 1,736 Reviews (Source: Trustpilot)
Conclusion?
The secret to maximizing all of the benefits and limiting all of the drawbacks that digital technology brings to kids and their education is striking a balance between it and social connection.
Every brand is expanding daily regarding technology, functionality, and style. Digital devices play a significant part in our lives today.
FAQs for Best LG Competitors
Which companies are considered the top competitors to LG?
Some of the top competitors to LG in various industries include Samsung, Sony, Panasonic, Toshiba, Philips, and Hisense.
What are the main products offered by Samsung as a competitor to LG?
Samsung offers a wide range of products that compete with LG, including smartphones, televisions, refrigerators, washing machines, air conditioners, and audio systems.
How does Sony compare to LG in terms of competition?
Sony is a major competitor to LG, particularly in the areas of televisions, home audio systems, and gaming consoles. Sony is known for its high-quality display technologies and innovative entertainment products.
What are some notable competitors to LG in the television market?
Apart from Samsung and Sony, other notable competitors in the television market include Panasonic, Toshiba, Philips, and Hisense. These companies offer a range of TV models with various features and price points.
What makes Panasonic a strong competitor to LG?
Panasonic is known for its high-quality electronics products and innovative solutions. It competes with LG across various sectors, including televisions, home appliances, and audio systems, and is recognized for its technological advancements.
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