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Is Maytag owned by LG?
Maytag is not owned by LG. Maytag and LG are two separate companies in the home appliance industry. Maytag Corporation, founded in 1893, is an American home and commercial appliance brand known for its durable and reliable products. Throughout its history, Maytag has gained a reputation for manufacturing high-quality washers, dryers, refrigerators, and other household appliances. In 2006, Maytag was acquired by Whirlpool Corporation, a major appliance manufacturer based in the United States. The acquisition strengthened Whirlpool's position in the market and expanded its portfolio of brands, which includes Whirlpool, KitchenAid, and Amana, among others. Maytag remains a subsidiary of Whirlpool and continues to operate as a separate brand. On the other hand, LG Corporation is a South Korean multinational conglomerate with diverse business interests, including electronics, chemicals, and telecommunications. LG Electronics, a subsidiary of LG Corporation, is a prominent player in the global consumer electronics market. It manufactures a wide range of products, including TVs, smartphones, refrigerators, washing machines, and more. LG is well-known for its innovation and cutting-edge technologies in the electronics industry. Both companies have maintained separate identities and operations in the home appliance market. However, it's essential to verify this information with more recent sources to ensure accuracy, as corporate structures and ownership can change over time due to mergers, acquisitions, or other business developments.
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