LG 2009 Annual Report Download

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LG ELECTRONICS ANNUAL REPORT 2009

Table of contents

  • Page 1
    LG ELECTRONICS ANNUAL REPORT 2009

  • Page 2
    09 En ric h Yo ur Li fe w ith LG 22 En ric h Yo ur es M sa Li an ge f ag fro e w em m ith 32 en the Br tT C e Pl ea EO ak a m M f In St d I ...

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    CONSUMERS ARE THE INSPIRATION FOR EVERYTHING WE DO.

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    ...seem to come alive as never before. LG's INFINIA design and our first FULL LED Slim technology deliver outstanding picture quality while providing practically limitless content and seamless connectivity. 1. HB965TZ Blu-ray Home Theater System (LG INFINIA FULL LED 3D TV) 2. LX9500 (LG INFINIA 3D TV)

  • Page 8
    ...first smart phone, the LG OPTIMUS will introduce you to a new, exciting world of connectivity. Equipped with a host of specialized features and applications, OPTIMUS provides quick and easy access to social networking services (SNS) that will connect you to the world as never before. LG OPTIMUS (LG...

  • Page 9
    ... ith th an the s tha t y e job t. pe o sy op u'l ou le l ...LG's 'Big-In' washing machine, you'll do fewer loads. Featuring the industry's largest capacity (11kg), the 'Big-In' provides greater efficiency, thanks to the Inverter Direct Drive technology, an innovative damping and fixed-tub system. Big...

  • Page 10
    ...Flow (VRF) system. Operating at the world's highest levels of energy efficiency, the Multi V lll features the largest capacity available with the smallest carbon footprint. Multi V III LG, Comfort without waste Life's Good when you can keep cool and still be green. LG's air conditioners enable you...

  • Page 11
    ... maximum connectivity at minimal cost. To meet their networking challenges, we developed a unique multi-computing solution than connects up to 31 different monitors to a single host PC. 1. LED Monitors 2. Commercial Display Digital Signage 3. Security IP Camera 4. Car Infotainment 5. Car Audio

  • Page 12
    .... LG believes that technology can bring pleasure and joy to people's everyday lives. This belief powers the breakthrough innovations we create. We hope our technology can play a part in making life more fun, exciting, easier, relaxing, green and better connected for consumers all over the world. And...

  • Page 13
    ENRICH YOUR LIFE WITH BREAKTHROUGH INNOVATIONS s. . gie ions o l t o a ne r. hn ov ec inn ethe eryo t v d h an oug k tog of e s s, r r n s e h o ic ti wo live LG. kt va serv rea we e o h t th inn cts, gh b way ich e wi h r r u g o du u' he en rou pro e thr nd t to n yo h t t s l a k he ay es s, op ...

  • Page 14
    ... problems and build closer and more strategic relationships with our partners. Besides this, our multi-talented human resources became more globally-oriented, helping us to secure world leadership in each local market we operate in. Finally, we strengthened our brand position and posted extremely...

  • Page 15
    ...the hallmark of LG. It's what makes us such a special enterprise. Our success is based on "great products and services." To win in our markets going forward, we must deliver unique and creative solutions, combining technologies based on consumer insights with innovative business models and processes...

  • Page 16
    ... & CEO LG Air Conditioning Company Senior Vice President & CEO LG Business Solutions Company With 26 years of experience at LG, Mr. Kwon's achievements and wide range of experience in global markets, sales, and administration make him a leading figure in the company's international successes...

  • Page 17
    ...Woo Hyun Paik President & Chief Technology Officer (CTO) Didier Chenneveau Executive Vice President & Chief Supply Chain Officer (CSCO) Mr. Chenneveau, a long-standing member of the Electronic Product Code (EPC) Global, has world-wide responsibilities for LG's supply chain operations. Known as the...

  • Page 18
    ... Creating value and sharing the great things the lg brand has to offer Our brand tells people who we are, where we are, and what we stand for. Our brand is more than our products, services and technologies-it's the spirit and the soul of LG. It's what makes us and our products different and valuable...

  • Page 19
    ...our products attractive and easy to use. If we are to attain global leadership in the electronics and IT sectors, our R&D experts must develop first-class products that enhance our core technological competencies in our key business areas, including home appliances, mobile phones, and digital TV. We...

  • Page 20
    ... is created by leading in innovations and building an exceptional product, positive word of mouth (WOM), and a reputable company with a well-deserved reputation and high visibility. - exceptional consumer care is created by offering unrivaled after-sales service, features that consumers have always...

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    38 39

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    ... THE FUTURE LG HOME ENTErTAINMENT COMPANY LG MOBILE COMMUNICATIONS COMPANY LG HOME APPLIANCE COMPANY LG AIr CONDITIONING COMPANY LG BUSINESS SOLUTIONS COMPANY BREAKTHROUGH INNOVATIONS FOR CONTINUED EXCELLENCE LG is committed to providing better lifestyle solutions for consumers around the world. We...

  • Page 27
    ... Company is a global leader in providing cutting-edge audio and video devices that deliver the ultimate in home entertainment. Through an unparalleled fusion of smart technologies and stylish designs, LG creates the very best in LCD and plasma TVs, home theater systems, Blu-ray disc players...

  • Page 28
    ... (Blu-ray Home Theater System) 08 BX580 (3D Network Blu-ray DiscTM Player) 09 DP581B (Portable DVD Player) 10 CF3D (3D Projector) 11 N2B1 (Data Storage) LG HOME ENTERTAINMENT COMPANY 07 cement LG's reputation as one of the leading providers of premium home entertainment products. 02 PLASMA TVS...

  • Page 29
    ... Social Networking Service (SNS) and push e-mail, the LG applications store is now offering a wide range of superb, up-to-date smartphone applications as well. LG MOBILE COMMUNICATIONS COMPANY COOKIE CAMPAIGN | With stylish new upgrades to its global megahit Cookie series, LG is firmly positioned...

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    ... Social Networking Service (SNS) and push e-mail, the LG applications store is now offering a wide range of superb, up-to-date smartphone applications as well. LG MOBILE COMMUNICATIONS COMPANY COOKIE CAMPAIGN | With stylish new upgrades to its global megahit Cookie series, LG is firmly positioned...

  • Page 31
    ...providing complete solutions for daily life. LG's insightful products, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, and built-in appliances, are sought out by consumers around the world. LG's innovative technologies and convenient features have set new...

  • Page 32
    ... refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, and built-in appliances, are sought out by consumers around the world. LG's innovative technologies and convenient features have set new standards in the appliance industry, helping to establish LG as a true global...

  • Page 33
    ... and LED Lighting. LG's green lighting products are eco-friendly, energy-saving, long-lived, and easy to control digitally. SOLUTIONS | The LG Solutions Business is in charge of management efficiencies, convenient service, and energy care. There are 3 major fields in our Solution Business: the Home...

  • Page 34
    ... 06 LG AIR CONDITIONING COMPANY 01 rAC | Health+ Inverter 02 rAC | Art Cool 03 CAC | Multi V III 04 CAC | Therma V 05 Solar Energy | Monocrystalline Solar Module 06 Lighting | LED Lighting - Spot Light MR16 07 Lighting | PLS Lighting - Flood Lighting 08 Solution | HMS (Home Management System) 09...

  • Page 35
    ... to share a single host PC with no limits on the distance between the monitors and the host. With low cost and super-high efficiency, the N+ series is the one you need for offices, schools, call centers, and other applications. LG BUSINESS SOLUTIONS COMPANY COMMERCIAL DISPLAYS | LG Hospitality TVs...

  • Page 36
    ... for offices, schools, call centers, and other applications. LG BUSINESS SOLUTIONS COMPANY COMMERCIAL DISPLAYS | LG Hospitality TVs offer refined designs to enrich hotel environments. Simply touching a remote control button introduces users to a whole new world of watching TV and Internet surfing...

  • Page 37
    LG is committed to better lifestyle solutions. We bring innovative, sophisticated, and eco-friendly products to your home, work, and community, each of them featuring the latest in state-of-the-art, forward-looking technologies. Life's Good ...because of LG. Life's Good

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    ENRICH LIFE BY BEING GREEN, SPONSORING, AND SHARING e iev ch a y o s t his b h t g lp ou do o he LG r h e t kt e W s rea ple. style ...we ec nd t utu ari ng f ion, with ctivit ore a . h n d s reati fact ring se a d m atio h LG n t s ov lea wi ha he ga oc ati rin on t er s ts, s ld. T e to t inn are a ...

  • Page 39
    ...best company" prize by CDP Korea in 2009. lg eleCtroniCs' greener ProduCts The goal of our green product strategy is to minimize the environmental impact of our products at every stage of their life cycles. This strategy has three core components: energy, resources, and human. It is based on a model...

  • Page 40
    ...as a responsible corporate citizen. forMula onetM PartnershiP In January 2009, LG Electronics (LG) became a global and technology partner of Formula Oneâ„¢ in a multi-year deal with the most popular motor racing series in the world. Formula Oneâ„¢ represents the acme of technological innovation and...

  • Page 41
    ... the world of science through "hands-on" scientific programs. ·LG Hope School (Kenya) ·LG Hope Village (Ethiopia) ·Vaccination with IVI ·LG Labor-Management Volunteer Corps ·Kimchi & Coal Sharing ·Life's Green Class Building trust with communities by being a responsible and caring corporate...

  • Page 42
    We are committed to a healthier way of life, sharing with and caring for the world. LG wants everyone to be happy and prosperous, enhancing value for its consumers and helping to protect the environment. Life's Good ...because of LG. Life's Good

  • Page 43
    ...l • Mobile Communications • Home Appliance • Air Conditioning 49,333 2008 VICE CHAIrMAN & CEO • Business Solutions CSO CFO CTO CMO south & Central aMeriCa 9% other 9% CHO CPO korea 8% CSCO CGTMO 55,524 2009 ns China & asia PaCifiC 19% SALES BY REGION north aMeriCa 28% Corporate...

  • Page 44
    ... PRESIDENT / CHIEF SUPPLY CHAIN OFFICER (CSCO) MANAGEMENT soon kook hong VICE PRESIDENT / PRODUCTIVITY RESEARCH INSTITUTE yong naM VICE CHAIRMAN & CEO / LG ELECTRONICS Paul bae EXECUTIVE VICE PRESIDENT / CORPORATE DESIGN CENTER siMon kang PRESIDENT & CEO / HOME ENTERTAINMENT COMPANY skott ahn...

  • Page 45
    ... S.A. LG Electronics Austria GmbH LG Electronics Romania S.R.L. LG Electronics CZ, S.R.O LG Electronics Portugal S.A. LG Electronics Benelux Sales B.V. LG Electronics Norway LG Electronics European Logistics & Services B.V. LG Electronics JIT Europe B.V. LG Electronics European Shared Service Center...

  • Page 46
    ... Electronics Investment (LGEI) and operating company LG Electronics · Commercialized world's first home network system BANGKOK/RAYONG LGETH HANOI JAKARTA LGEVN LGEIN Washing Machine, Air Conditioner, Compressor, TV TV, Monitor, Air Conditioner, Washing Machine Refrigerator, Microwave Oven, Vacuum...

  • Page 47
    ... years then ended, expressed in Korean won. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We did not audit the financial statements of certain subsidiaries, the investments...

  • Page 48
    ... financial instruments Long-term investment securities Equity-method investments Long-term loans receivable, net Property, plant and equipment, net Intangible assets, net Refundable deposits Long-term advance payments Long-term prepaid expenses Other investment assets Total other assets Total assets...

  • Page 49
    ... 3,921,571 57,232 non-operating expenses Interest expense Foreign exchange losses Donations Loss from disposal of property, plant and equipment Loss from disposal of intangible assets Loss from transfer of trade accounts receivable Loss on impairment of investment securities Loss on impairment of...

  • Page 50
    ...-method investments, net Loss (gain) on disposal of property, plant and equipment, net Loss on impairment of property, plant and equipment Loss on disposal of intangible assets, net Loss on settlement of derivatives, net Loss (gain) on valuation of derivatives, net Provisions for product warranty...

  • Page 51
    ... Acquisition of long-term financial instruments Increase in short-term and long-term loans Acquisition of long-term investment securities Acquisition of equity-method investments Payment of refundable deposits Acquisition of property, plant and equipment Acquisition of intangible assets Acquisition...

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    OUR ULTIMATE GOAL IS CONSUMER SATISFACTION.

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    LG Tw in To w er s 20 ,Y eo ui do -d on g, Ye on gd eu ng po -g u, Se ou l1 50 -7 21 ,K or ea / T 82 2 37 77 11 14 / w w w .lg .c om