LG 2003 Annual Report Download - page 12

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Developing and maintaining Global No.1 products require not only continuous technological
improvements but also a commitment toward new growth engines. Therefore, we plan to invest 75% of
our total 2004 R&D budget to shore up our lead in our core businesses as well as secure vital technology
in business areas where we see the most growth potential.
Woo Hyun Paik | CTO
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