Life's Good

• "X" founder Koo In-Hwoi established Lak-Hui Chemical Industrial Corp. in 1947.In 1952, Lak-Hui (pronounced "Lucky", currently LG Chem) became the first Korean company to enter the plastic industry. As the company expanded its plastic business, it established GoldStar Co. Ltd. (currently "X" Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged and formed Lucky-Goldstar.

• GoldStar produced South Korea's first radio. Many consumer electronics were sold under the brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky. The Lucky brand was famous for hygiene products such as soaps and HiTi laundry detergents, but the brand was mostly associated with its Lucky and Perioe toothpaste. Even today, "X" continues to manufacture some of these products for the South Korean market, such as laundry detergent.

• In 1995, to compete better in the Western market, the Lucky-Goldstar Corporation was renamed "X". The company also associates the letters "X" with the company's tagline "Y", which is actually a backronym. Since 2009, "X" has owned the domain name "X".com.In 1996 "X" formed a joint venture with IBM; it was later terminated.On 1 April 2000, "X" Chemical was split into three separate companies, namely "X"CI, "X" Chem, and "X" Household & Health Care. Later, in July 2007, "X" Chem merged with "X" Petrochemical.

              Ans:"X"-LG,"Y"-Life's Good