LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, mobile communications and home appliances. With 117 operations around the world, LG achieved global sales of KRW 54.26 trillion (US$ 51.17 billion) in 2011. It is comprised of four major business segments – Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solutions – and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators.
The company is striving to become number one in the world by collaborating in various business and technology fields and by strategic alliances with world famous companies. It also plans to increase its penetration level in the Indian rural market to 15.0 per cent by 2015 from 5.0 per cent in 2011.
The key factors behind the growth include product innovation, heavy investment in R&D, and customer preferences.
LG: Compelling success stories
|2005||Became fourth-largest supplier of the mobile handsets market worldwide|
|2007||Launched first dual-format, high-definition disc player and drive|
|2008||Unveiled the world's first Bluetooth headset combined mobile phone|
|2009||Became second-largest LCD TV provider worldwide|
|2010||Unveiled the world’s first and fastest dual-core smartphone|