Since 2001, LG has two joint ventures with Royal Philips Electronics: LG Philips Display and LG.Philips LCD, but Philips sold off its shares in late 2008.In 2005, LG entered into a joint venture with Nortel Networks, creating LG-Nortel Co. Ltd.
LG has a joint venture with Hitachi, Hitachi-LG Data Storage, which makes optical data storage devices like DVD-ROM drives, CD writers, etc.
LG has owned the LG Twins baseball club since 1989. LG acquired American television manufacturing company Zenith in 1999.