LG 2000 Annual Report Download - page 79

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Please find page 79 of the 2000 LG annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Corporate Chronology
1958 › Founded as GoldStar
1959 › Developed and produced Korea’s first transistor radio
1962 › Exported South Korea’s first consumer products (radios)
1965 › Developed South Korea’s first refrigerator
1966 › Developed South Korea’s first television
1969 › Developed South Korea’s first washing machine, air conditioner, and elevator
1975 › Established South Korea’s first private R&D facility (GoldStar Central Research Laboratory)
1978 › Established first overseas sales subsidiary in the USA (GoldStar Electronics International)
› Became South Korea’s first electronics maker to surpass US$100 million in exports
1980 › Established first European sales subsidiary in Germany (GoldStar Deutschland)
1982 › Established South Korea’s first overseas TV plant in Huntsville, Alabama, USA (GoldStar America)
› Developed South Korea’s first microcomputer and video camera
1983 › Developed South Korea’s first and the world’s second 8mm camcorder
1986 › Established first European VCR production plant in Germany (GoldStar Europe)
1987 › Floated a US$30 million convertible Euro bond issue
1989 › Established joint ventures in the Philippines, Thailand, and the UK
1990 › Established joint venture in Egypt, Italy, and Indonesia
› Established first overseas design center in Ireland (GoldStar Design Technology)
1991 › Floated a US$70 million convertible Euro Bond issue
› Purchased of 5 percent equity stake in Zenith Electronics of America
1992 › Completed corporatewide restructuring
1993 › Broke ground for a TFT-LCD plant in South Korea
1994 › Developed FMV, VOD, and multimedia PCs
› Acquired Zenith Electronics of America
1996 › Declaration of LEAP2005, the corporate’s new vision
1997 › Launched “LG” brand in the world market replacing the former “GoldStar” label
› Developed the world’s first IC set for digital TVs
1998 › Reinforced business restructuring activities
1999 › Declaration of Digital LG Vision
2000 › Merged LG Information & Communication
› Secured next generation digital technology standard (MPEG-21)
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