LG 2000 Annual Report Download - page 16

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Business Overview
In 2000, LGE reached new heights in terms of performance and technology. Starting the
year with the development of a high definition video disc player, LGE's six divisions
achieved record sales of W14.8 trillion, an increase from W10.5 trillion in 1999.
The merger with LG Information & Communications in September 2000 has
strengthened LGE's presence in the world market. LGE is a global leader in a variety of
digital products, flat TV/monitors and air conditioners. It has also secured leading
positions in the areas of optical storage and mobile internet phones.
Aiming to be a world leading digital company, LGE has continued to form strategic
alliances with other global electronic companies. A major achievement in the year was
the Company's agreement with Philips to establish a joint company to produce cathode-
ray tubes.
Combining cutting-edge technology, global production networks and fruitful
partnerships, LGE is confident of its continued growth in 2001.
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