LG Electronics is a global electronics and telecommunications company headquartered in Yeouido, Seoul, South Korea. The company operates its business through five divisions: mobile communications, home entertainment, home appliance, air conditioning and business solution. LG Electronics is the world's second-largest manufacturer of television sets and third-largest producer of mobile phones. It is a flagship subsidiary company of LG Group, one of the world's largest electronic conglomerates.
The Korean Tour is a men's professional golf tour run by the Korea Professional Golfers' Association (KPGA) of South Korea. In 2011, it had total prize money of about US$14 million.