LG 2001 Annual Report Download - page 30

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»30
LG Electronics Inc. The
43
rd Annual Report
Digital Appliance
Jan
- Introduced Korea’s first “tilting”washing machine
- Released year 2001 model, digital LCD Dios refrigerator
Apr
- Released “Sweet Home”air conditioner for bedroom
- Released compact IH pressure rice cooker
- Released internet microwave oven
- Released internet air conditioner
Jun
- Developed ‘Inverter SR motor’to target the next generation
- Released large capacity Kimchi refrigerator
- Released wireless remote controlled laundry machine
- Released ‘fashion Dios’and ‘Moble Dios’which colors can be
altered for design purpose
Jul
-
Successful commercialization of world’s first ‘Linear Compressor’
Aug
- LG air conditioner, selected as the ‘Best Buy’by the Consumer
Report in U.S.
- DUO refrigerator achieved the ‘IDEA 2001’Golden Award in
U.S.
Sep
- Developed internet refrigerator
- Developed optical catalyzer with application of new nano
technology
Oct
- Released world’s first fusion product, toast microwave oven
- Air conditioner was selected as the “Best Buy of the Year’in
Australia
Dec
- LGE air conditioner, refrigerator & washer achieved the’Galaxy
Energy’award
●
Business Area
▶
Production of white goods
●
2001 Quick Review
Unit : Billion KRW
Export
2000
1,771
2,111 3,882
2001
2,210
2,753
Domestic
4,963
•% Company Sales •% Company Operating Profit
Product composition
Sales : 1.42 trillion KRW
- Upsurge in export thanks to successful overseas
marketing/dealer promotion
- Slow domestic market
1st Quarter
Sales : 1.41 trillion KRW
- Improvement in domestic market
- Continuous success in air conditioner business
2nd Quarter
Sales : 1.08 trillion KRW
- Slow season for air conditioner business
- Increase in Kimchi refrigerator & cooking appliance sales
- Achieved number one market share in Kimchi refrigerator
3rd Quarter
Sales : 1.06 trillion KRW
- Maintained 3rd quarter sales level
- Profit decrease due to increase in restructuring cost
4th Quarter
※Excluding Supporting Division
Air Conditioner
34%
Refrigerator
25%
Cooking Appliance
14%
etc.
11%
Vacuum Cleaner 4%
Washing Machine
12%