LG Electronics

   Top Tech 2006 Award Logo

This Korean electronics powerhouse is aiming to be among the "Global Top 3" companies in electronics as well as information and communications by 2010.

LG is among several leading consumer electronics companies that they are working together to develop a new standard for transmitting high-definition audio and video signals wirelessly. Called WirelessHD, the interface would enable high-speed streaming of audio and video content between consumer electronics devices like televisions, DVD players, game consoles and other portable devices without using cords.

According to IDC's first quarter report for 2006, LG Electronics came in fourth for market share with 6.9 percent.

In July 2005, the Korean giant signed a deal to license the Palm operating system globally. Under the agreement, LG can develop and market smart phones based on the Palm OS, the company said.

This company is listed in Systems, Networking & Communications.

Financials
Fiscal year-end December FY06 FY05 FY04 FY03 FY02
Global full-year
revenue (US$millions)
24,848.0 23,542.3 16,888.1 18,602.1
Global full-year net
income (US$millions)
734.8 1,475.9 554.8 388.5

Average year-on-year revenue growth over 4 years 11.91 %
Average year-on-year net income growth over 4 years 52.87 %
Percentage of revenue from Asia
Percentage of Asian revenues from channel

Operations:
Founded Korea/1947
First Asian office Bangkok, Thailand/1988
Global employees 72,000
Employees in Asia 28,275
Asian countries:
Total 10
China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand, Vietnam
Notes * Data correct as at September 2006. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites, and Hoover's. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities.

ZDNet Asia's Top Tech Index will be next updated in 2008.


ZDNet Asia Top Tech categories
Systems | Networking and communications | Storage management | Security | Software Infrastructure | Services | Business applications | Internet services



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