Company Profile
Company Profile
Company Profile
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The symbol consists of two elements: the LG logo in
LG Grey and the stylized image of a human face in
the unique LG Red color. Red, the main color,
represents our friendliness, and also gives a strong
impression of LG’s commitment to deliver the best.
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talented team players able to internalize and
execute innovation across the board.
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HISTORY
YEAR ACHIEVMENTS
1956 Gold star established
1959 Produces KOREA first
radio
1962 Produces KOREA first
telephone
1965 Produces KOREA first
refrigerator
1966 Produces KOREA first
black& white TV
1968 Establishes first
overseas branch office
(New York)&
Produces Korea’s first air
conditioner
1977 First color TV produced
1982 Color TV plant
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established in the US in
Huntsville, Alabama
1984 Sales surpassed 1 trillion
Won
1986 VCR plant established in
Germany
1990 Ireland based technology
established
1993 With the establishment
of Huizhou subsidiary in
China(LGEHZ), marketing
in China took full swing
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Plasma TV developed
2006 Launched the LG Shine,
steam washing machine
and interactive TV
refrigerator &Launched
the world's largest Full
HD 102-inch Plasma TV
2007 high-definition disc
player and drive
Launches 120Hz Full HD
LCD TV Demonstrated
the world-first MIMO 4G-
Enabled technologies
with 3G LTE Won
contract for GSMA's 3G
campaign
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ORGANISATIONAL STRUCTURE
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Outside directors are always well-qualified
individuals with professional knowledge and
experience in key areas. Their main role is to carry
out checks and balance functions, as well as
monitor the Company's overall management
activities. They also act as objective advisors to the
Company. Since 2005, LG Electronics has given the
board members an opportunity to actively
participate in the Company's management activities
by offering an “On-The-Spot Management Program”
that allows members to visit Company business
venues, both locally and abroad. The Company also
encourages participation in outside director
training programs hosted by the Korean Directors
Association
BOARD OF DIRECTORS
1. INTERNAL DIRECTORS
2. EXTERNAL DIRECTORS
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India’s organizational structure:
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Y V Verma
(CEO)
Moon B Shin
(Managing
Director)
PRODUCTS
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which made our life easy. LG strives to enhance the
customer’s life (and lifestyle) with intelligent
features, intuitive functionality, and exceptional
performance. LG products have sleek design and
latest technology with many new features. The
products are:
Mobile phones
LCD televisions
Washing machine
Air conditioners
Refrigerators
Vacuum cleaner
Microwave ovens
Dish washer
CRT monitors
Ultra mobile projector
MOBILES
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phone features include the telephone, text
messaging, email, gaming and Internet. A mobile
phone allows its user to make and receive
telephone calls to and from the public telephone
network which includes other mobiles and fixed line
phones across the world. It does this by connecting
to a cellular network owned by a mobile network
operator. A key feature of the cellular network is
that it enables seamless telephone calls even when
the user is moving around wide areas via a process
known as handoff or handover.
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MOBILE MANUFACTURING
PROCESS
Raw materials:
Glass
Various types of metals such as aluminum,
gold, chromium, copper etc.
Plastics
Chemicals such as crude oil natural gas etc.
Wires
Software
Screws
Battery- using metals
Manufacturing process:
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1. Concept & Design: All cell phones
manufacturers start the process in the
conceptual phase. Several sketches and wire
frames are created using different designs,
features, and interface options, such as keypad
only and touch screen. These sketches also
determine the phone's weight, scale, size and
portability. Because the goal of most phones is
to be compact and portable, this phase is the
most intensive. During this process, a team
decides what designs will become prototypes.
Once a list is determined, several prototypes
are created. These models are usually non-
functional and only for visual purposes.
Prototypes are constructed from plastic,
Styrofoam and other re-usable materials. Once
a final design is created, the concept is pushed
to engineers, who decide what electronics are
necessary.
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batteries.
Each piece of the cell phone is created
separately. First, the casing for the phone is
made. Most cell phones use a simple plastic
that is created using a process known as
injection moulding. Once the casing is created,
the printed circuit board is made and loaded
with the necessary software/operating system.
The circuit board is then placed in the casing,
using a series of eyeglass screws. Next, the
other components of the phone are added:
screen, keypad, antenna, microphone and
speaker.
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5. Usage: You can extend the use of your cell
phone and prevent waste by using the phone
from your service provider instead of
purchasing another phone. Additionally, your
cell phone will last a long time if you take good
care of it by protecting it from damage.
Packaging and
transportation to
retailers and
distributors
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Customers and
users
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FINANCIAL INFORMATION
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FINANCIAL HIGHLIGHTS
INCOME STATEMENTS
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2003 2004 2005 2006 2007 2008 2009
Income
Statement KRW KRW KRW KRW KRW KRW KRW
bn bn bn bn bn bn bn
Sales 20,177 24,659 23,774 23,171 23,502 27,638 30,513
Domestic 4,794 5,089 5,509 5,947 6,520 6,445 6,665
Exports 15,383 19,573 18,265 17,223 16,982 21,193 23,848
BALANCE SHEETS
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KRW KRW KRW KRW KRW KRW KRW
bn bn bn bn bn bn bn
Current Assets 3,773 4,111 3,985 3,160 2,827 4,518 7,446
FINANCIAL PERFORMANCE:
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FINANCIAL INFORMATION
TURNOVER
14000
12000
10000
8000
6000
4000
2000
0
TURNOVER
OBSERVATIONS
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LG Electronics is pursuing the vision of becoming a
true global digital leader, attracting customers
worldwide through its innovative products and
design. The company’s goal is to rank among the
top 3 consumer electronics and telecommunications
companies in the world by 2010. To achieve this, we
have embraced the idea of “Great Company, Great
People,” recognizing that only great people can
create a great company.
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