LG 2002 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2002 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.

Page out of 42

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42

LG Electronics Inc. IAnnual Report 2002 I00 01
LG Electronics is a leading global player in the electronics and telecommunications industries, operating
more than 70 subsidiaries worldwide with a workforce of more than 55,000 employees. Effective April 1,
2002, LG Electronics was formally split off into two separated entities, an operating company and an
investment holding company, with a view to maximizing shareholder value and overall profitability. LG
Electronics focuses on the digital appliance, display & media and telecommunication equipment and
handset businesses. The company will accelerate efforts to develop into a premier global digital
enterprise backed by its great insight of the digital era and technological innovations.
Marketing
Technology
Design
Networking
Driven by its keen insight into the specific needs of the digital age and its innovative
technology, LG Electronics is on track to become a premier global enterprise in the near term.
To this end, the company constantly strives to build closer relationships with its partners and
customers around the globe, while promoting optimal efficiency and world-leading product
quality. In addition, LG Electronics is actively pursuing management transparency to live up to
the challenges of today's business environment.
(’58~’65) Foundation Period
‘65. 1. First to produce refrigerator in Korea
‘65. 6. Established a corporation
‘62. 11. 28 First to export radio (U.S.A) in Korea
‘62. 11. First to produce telephone in Korea
‘59. 11. 15 First to produce tube transistor radio
(A-501) in Korea
: Pioneer in Korean Electronics Industry
‘58. 10. 1 Founded as GoldStar
‘77.12. 26 Accomplished $1 billion in sales
‘76.11. Established Changwon factory
‘75. 6. Established Gumi factory
‘75.12. Established Central Research Center
‘74. 8. Acquired shares in IFC
‘70. 4. 13 First to be listed in stock market among
the peers in Korea
‘68. 3. First to produce air conditioner in Korea
‘68. 9. First to establish an overseas branch
office (New York) in Korea
‘66. 8. First to produce black and w hite TV
in Korea
‘86.10. Established production line
in Germany(LGEWG)
‘85. 4. 18 Issued $ 30 million FRN
‘84. 5. Established Pyeongtaek factory
‘84.12. 31 Broke 1 trillion won in sales
‘83. 4. Established Research Center for Design
‘81. 4. Established Korea’s first overseas
production line (LGEAI, U.S.A.)
‘79.11. Established Gimhae factory
‘78. 8. Established a US subsidiary (LGEUS)
‘78.12. 31 Achieving of $ 100 million in
sales of electronic goods
‘98. Reinforced business restructuring activities
‘97. 1. Promotion of TL2005
‘97.10. Developed world’s first IC set for DTV
‘96. 3. 19 Renamed the Company, ‘LG Electronics’
‘96. 3. 27 Declaration of LEAP 2005
‘96. 3. Developed next generation hand PC
‘96. 7. Acquired Zenith
‘96. 8. Established TFT-LCD factory
‘96.10. Developed PDA
‘93~ ‘94 Strengthened TFT-LCD related businesses
Strategic advancement into China
‘91. 2. Strategic cooperation w ith Zenith
‘91. 4. Established Ireland Design
Research Center(LGEDT)
‘91.12. $ 2 billion export in home appliances
(first time in Korea)
‘89. 1. Established the vision for the 21st century
‘87~ ‘88 Established production line in
Thailand, Mexico, England
and Philliphines
‘99. 4. Developed first digital TV suited for
Korean market
‘99. 5. Introduced 40” PDP (first in Korea)
‘99. 5. Launched LG.Philips LCD
‘99. 7. Proclaimed [Digital-LG] Vision
‘02. 4. Demerger (LGE & LGEI)
‘02. 5. Became world’s first to commercialize
Home Network system
‘02. 5. Released a color mobile phone
with organic EL
‘02. 6. Won IMT equipment supply contract
from KTiCom
‘02. 6. Show cased W-CDMA technology during
2002 World Cup opening rite
‘02. 8. Ranked sixth in the global
mobile handset industry
‘02.12. Established R&D Center in Beijing,
China
‘01. 1. Allied air conditioner business with
Matsushita, Japan
‘01. 2. Successfully commercialized
W-CDMA system
‘01. 5. Established world’s second PDP
Mass Production line (Gumi)
‘01. 7. Launched LG.Philips Displays,
the CRT Joint Venture
‘01.12. Surpassed 10 million units in mobile
handset sales
Finalized Company Demerger in
Extraordinary Shareholder’s Meeting
‘00. 6. Introduced Korea’s first
internet refrigerator
‘00. 7. Successfully commercialized W-CDMA
core network system
‘00. 9. Merged with LGIC
‘00.12. Exported W-CDMA technology to
Marconi Corporation, Italy
Sales
(
’
66~
’
77) Growth Period (’78~’86) Globalization Period (’87~’98) Innovation Period (’99) Digital Management Period (’00~Present) Digital Management
Settlement Period
2002
50
million won
10
million won
2.9
billion won
0.7
billion won
171
billion won
17
billion won
2,030
billion won
200
billion won
10,546
billion won
632
billion won
14,836
billion won
1,031
billion won
18,603
billion won
784
billion won
Capital
LG전자 - 본문 2003.4 .22 7:14 AM 페이지3