The former (whose name comes from the brands Lucky and Goldstar) is a South Korean electronics firm fallen on hard times.

而韩国乐金电子公司(名字来源于旗下品牌乐喜和金星)正面临难关。

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The Goldstar brand will now take after the company name and be known as "LG" -- the company was once known as "Lucky Goldstar" -- "to emphasize our quality image, " explains Ham Jae Gyung, general manager of LG Collins Electronics Philippines, which is a joint venture between the Korean chaebol and the family of retail tycoon Samie Lim.

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It derives its names from Lucky and GoldStar, two 1950s-era brands.

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