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Company Profile
󰦁
󰦂
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1965. 1. First to produce refrigerator in Korea
6. Established an affiliation
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
■Foundation Period(1958~1965)
Established the Foundation for the Electronics Industry
Sales : ￦1.3 billion Capital : ￦0.3 billion Employees : 2,500
Sales : ￦50 million Capital : ￦10 million Employees : 313
1977.12. 26 Accomplished
￦
100 billion in sales
1976.11. Established Changwon factory
1975. 6. Established Gumi factory
12. First to establish Central Research Center in Korean
private corporations
1974. 8. Acquired shares in IFC
1970. 4. 13 First to be listed in stock market among our 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
■Growth Period(1966~1977)
Established the Foundation for Rapid Growth
Sales : ￦104 billion Capital : ￦6.4 billion Employees : 9,873
Sales : ￦2.9 billion Capital : ￦0.7 billion Employees : 3,400
󰦂
1999. 4. Developed first digital TV suited for Korean market
5. First to introduce 40” PDP in Korea
5. LG LCD acquired $1.6 billion foreign capital :
Launched LG.Philips LCD
7. Proclaimed ‘Digital-LG’ Vision
■Digital Management Period(1999)
Sales : ￦10,546 billion Capital : ￦632 billion Employees : 22,821
2003. 1. Developed world’s first dual CDMA/W-CDMA IMT-2000
mobile handset
4. Developed world’s first digital tuner equipped 50” PDP TV
8. Launched 1 hour recordable VOD camcorder mobile handset
8. Mass production of world’s first “Green Technology” linear-
type refrigerator
10. Vice-chairman, S. S. Kim, appointed as CEO
10. Developed world’s largest 76” PDP
10. Established DTV factory in Poland
11. Supplied telematics to GM
12. Became 1st in the global general vacuum cleaner market
2002. 4. Demerger(LGE & LGEI)
5. First to commercialize home network system
5. Released color mobile phone with organic EL
6. Won IMT-2000 equipment supply contract from KTiCom
6. Showcased W-CDMA technology during 2002 Worldcup
opening rite
8. Ranked sixth in the global mobile hanset industry
12. Established R&D center in Beijing, China
2001. 1. Allied air conditioner business with Matsushita, Japan
2. Successfully commercialized W-CDMA system
5. Established world’s second PDP mass production line (Gumi)
7. Launched LG.Philips Displays, the CRT joint venture
12. Surpassed 10 million units in mobile handset sales
12. Finalized Company Demerger in Extraordinary Shareholders’
Meeting
2000. 6. Introduced world’s first Internet refrigerator
7. Successfully commercialized W-CDMA IMT-2000 core
network system
9. Merged with LGIC
12. Exported W-CDMA technology to Marconi Corporation, Italy
■
Digital Management Settlement Period(2000~Present)
Sales : ￦20,177 billion Capital : ￦784 billion Employees : 27,683
Sales : ￦17,095 billion Capital : ￦784 billion Employees : 25,216
Sales : ￦16,601 billion Capital : ￦1,031 billion Employees : 26,789
Sales : ￦14,836 billion Capital : ￦1,031 billion Employees : 31,774
LG Electronics Inc._Annual Report 2003 3