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LG Electronics


LG Electronics is the world's fourth largest mobile–phone maker and South Korea's No. 2 electronics maker.

Founded in 1958, the company is headquartered in Seoul, South Korea, and has 114 operations including 82 subsidiaries around the world.

LG Electronics' main business domains are consumer electronics, home appliances and mobile communications. The company has four business units: mobile communications, digital appliance, digital display and digital media, and some of its products include CDMA/GSM handsets, air conditioners, washing machines and flat panel TVs.

In July, the South Korean electronics powerhouse announced plans to fuse its PC and mobile phone divisions. The company intends to increase its focus on smartphones, ultramobile PCs and "network infotainment", LG said.

This company is listed in Systems, Networking & Communications.



Financials
Fiscal year-end December FY08 FY07 FY06 FY05 FY04
Global revenue (US$millions) — 57,356.8 50,089.7 43,489.2 41,175.4
Global full-year net income (US$millions) — 2,503.0 2,140.1 2,300.4 2,130.7
Average year-on-year revenue growth over 4 years 11.77%
Average year-on-year net income growth over 4 years 5.98%
Percentage of revenue from Asia (including Japan/Korea) 17%

Operations
Founded 1958 Korea
First Asian office 1958 Korea
Global employees 80,283
Global employees in Asia —
Asian economies: Total 10 China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand, Vietnam

* Data correct as of October 2008. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites and financial news sites. 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 Top Tech categories
Systems  |   Networking and communications  |   Storage management  |   Security  |   Software infrastructure  |  
Services  |   Business applications  |   Internet services  |  


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