Established in 1958, LG Electronics, Inc. (LG) is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in over 110 operations including 81 subsidiaries around the world. With 2007 global sales of USD 44 billion*, LG is comprised of four business units - Mobile Communications, Digital Appliance, Digital Display and Digital Media. LG is the world's leading producer of CDMA/GSM handsets, air conditioners, front-loading washing machines, optical storage products, DVD players, flat panel TVs and home Theater systems.
LG's efforts continue to enhance the global presence of the LG brand and to maximize profitable growth. In particular, LG Electronics will focus on achieving profitable and sustainable growth in the mobile communications and digital display sectors to strengthen its leadership in the IT industry, while at the same time increasing its market share in the home appliance and digital media sectors.
* Before Audit, as of 2007, Unconsolidated
** 2008: 1 USD = 885 KRW; 2007: 1 USD = 929 KRW
Corporate Name
LG Electronics Inc.
Established
October 1, 1958 (As a Private Company)
Corporate Office
LG Twin Towers 20,
Yeouido-dong, Youngdungpo-gu, Seoul, Korea 150-721
Tel: 82-2-3777-1114
URL: http://www.LGE.com
Vice Chairman & CEO
Yong Nam
Business Area and Main Product
Mobile Communications Company
CDMA Handsets, GSM Handsets, 3G Handsets
Digital Appliance Company
Air Conditioner, Refrigerator, Microwave Oven, Washing Machine,
Vacuum Cleaner, HomeNet, Compressor for Air Conditioner,
Compressor for Refrigerator
Digital Display Company
Plasma TV, LCD TV, Micro Display Panel TV, Monitor, PDP Module,
OLED Panel, USB Memory
Digital Media Company
Home Theater System, DVD Recorder, Super Multi DVD Rewriter,
CD±RW, Notebook PC, Desktop PC, PDA, PDA Phone, MP3 Player,
New Karaoke System, Car Infotainment
Number of Employees
29,496 in Korea / 52,005 overseas(as of December, 2007)