LG 2001 Annual Report Download - page 3

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Company Profile
1965. 1. First to produce refrigerator in korea
6. Established a corporation
1962. 11. 28 First to export radio (U.S.A) in korea
11. First to produce telephone in korea
1959. 11. 15 First to produce tube transistor radio(A-501) in korea
: Pioneer in Korean Electronics Industry
1958. 10. 1 Founded as GoldStar
1977. 12. 26 Accomplished $1 billion in sales
1976. 11. Established Changwon factory
1975. 6. Established Kumi factory
12. Established Central Research Center
1974. 8. Acquired shares in IFC
1970. 4. 13 First to be listed in stock market among the peers in Korea
1968. 3. First to produce air conditioner in Korea
9. First to establish an overseas branch office (New York) in Korea
1966. 8. First to produce black and white TV in Korea
1986. 10. Established production line in Germany(LGEWG)
1985. 4. 18 Issued $ 30 million FRN
1984. 5. Established Pyungtaek factory
12. 31 Broke 1 trillion won in sales
1983. 4. Established Research Center for Design
1981. 4. Established Korea’s first overseas production line (LGEAI, U.S.A.)
1979. 11. Established Kimhae factory
1978. 8. Established a US subsidiary (LGEUS)
12. 13 Breakthrough of $ 100 million in sales of electronic goods
1993 ~ 1994 Strengthened TFT-LCD related businesses
Strategic advancement into China
1991. 2. Strategic cooperation with Zenith
4. Established Ireland Design Research Center(LGEDT)
12. $ 2 billion export in home appliances (first time in Korea)
1989. 1. Established the vision for the 21st century
1987 ~ 1988 Established production line in Thailand, Mexico, England, and Phillipines
1998. Reinforced business restructuring activities
1997. 1. Promotion of TL2005
10. Developed world’s first IC set for DTV
1996. 3. 27 Declaration of LEAP 2005
3. Developed next generation hand PC
3. 19 Renamed the Company,‘LG Electronics’
7. Acquired Zenith
8. Established TFT-LCD factory
10. Developed PDA
1999. 4. Developed first digital TV suited for Korean market
5. Introduced 40”PDP (first in Korea)
5. Launched LG.Philips LCD
7. Proclaimed 「Digital-LG」Vision
2001. 1. Allied air conditioniner business with Matsushita, Japan
2. Successfully commercialized W-CDMA system
5. Established world’s second PDP Mass Production line (Kumi)
7. Launched LG.Philips Displays, the CRT Joint Venture
12. Surpassed 10 million units in mobile handset sales
Finalized Company Demerger in Extraordinary Shareholder’s Meeting
2000. 6. Introduced Korea’s first internet refrigerator
7. Successfully commercialized W-CDMA core network system
9. Merged with LGIC
12. Exported W-CDMA technology to Marconi Corporation, Italy
2000~Present Digital Management Settlement Period
1999 Digital Management Period
1995~1998 Secondary Innovation Period
1987~1994 Innovation Period
1978~1986 Globalization Period
1966~1977 Growth Period
1958~1965 Foundation Period