LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, and a member of the LG Group, employing 82,000 people working in more than 100 locations around the world. With 2013 global sales of USD 53.1 billion (KRW 58.14 trillion), the company operates its business through four divisions: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions, and Vehicle Components. CEO of LG Electronics is Bon-joon Koo, who assumed the role of Vice Chairman of LG Electronics on October 1, 2010. In 2011, LG Electronics was the world's second-largest television manufacturer.