LG 2012 Annual Report Download

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2013 Annual Book
2013 Annual Book

Table of contents

  • Page 1
    2013 Annual Book Try to move it from side to side! 2013 Annual Book

  • Page 2
    2013 Annual Book Try to move it from side to side! 2013 Annual Book

  • Page 3
    Where will your desire take you? 01

  • Page 4
    Dream big. Think bold. Live better. It's all possible. At LG, your desire is our inspiration. 02 03

  • Page 5
    . d l o b k n i h T . g i b m a er D .r e t t e b e v i L Dream big. Think bold. Live better. It's all possible. At LG, your imagination is our inspiration. s i er i s e d r u o y , GL tA . n o i t ar i p s n i r u o 02 03

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    I imagine creativity at my fingertips.

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    I hope one plus one equals fun.

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    I want hugs that last forever.

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    I dream another restful night.

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    Every day in our lives, in every corner of the world, another amazing moment will present...to change a life better. The first step to realize it is to believe that it's all possible. It is a story about the dreams and imaginations that technology makes more possible. 12 13

  • Page 11
    n i , s ev i l r u o n i ya d y r ev E , d l r o w e h t f o r e n r oc y r eve tnemom gnizama rehtona a e g n a h c ot ...t n e s er p l l i w .r e t t e b e f i l The first step to realize it is to believe that it's all possible. eht tuoba y rots a si tI s n o i t a n i g a m i d n a s m a er d ...

  • Page 12
    .... Offering truly differentiated products to meet that need is the number one mission for all of us at LG, and I am just as amazed as you are at the level of ingenuity our engineers and designers deliver year after year. Your feedback tells us that this year was no exception. Our ULTRA HD TV and...

  • Page 13
    We have a burning passion to enrich peoples' lives. Technology is the enabler. LG innovation is inspired by our customers' needs. And we hope to empower you in return. We are driven to create products that make people smile. And to build brilliant solutions that make life more creative for us all. ...

  • Page 14
    LG innovation is inspired by our customers' needs. And we hope to empower you in return. We are driven to create products that make people smile. 17

  • Page 15
    Immerse yourself in the experience

  • Page 16
    ... delivers on all three! The LG CURVED OLED TV is so revolutionary, it took the top "The Red Dot Design Award: Best of the Best" honor in 2013. We were so excited about the new product, we faced a dilemma: wait to show the product right before the sales launch, or give the world a first look at 2013...

  • Page 17
    ...! The Tab-Book Hybrid offers you the best of notebook computing with all the mobility of a tablet. Fully optimized for Windows 8 with 10-point touch capability and a slide-out QWERTY keyboard, 11.6-inch screen, WiFi, Bluetooth 4.0, HDMI slot, USB port and microSD, all in a super-slim body that...

  • Page 18
    ... Photo compact printer offers wireless connectivity with Bluetooth and NFC (Near Field Communication) for hassle-free, inkless printing directly from Android and iOS smartphones. App includes editing tools for quick touch-ups and cropping. to be without waiting to get back home...whenever that...

  • Page 19
    Make the most of every moment

  • Page 20
    ... memories with Dual Recording from front and back cameras at the same time. And an IPS screen that offers full HD viewing on a 5.5 inch screen. The innovator with immortal spirit who do not afraid of challenges, Mobile Communications Company, MC R&D Center / Chief Research G Pro Engineer Young-Hee...

  • Page 21
    ... VR Panorama to capture true panoramic images, Dual Record that used both cameras at the same time, and super long battery life. No wonder G users are empowered-and you will too! G Series Optimus F Series There really is an affordable phone that not only offers you a full suite of advanced feature...

  • Page 22
    ...world and I intend to see every square mile. Only problem, I've never been able to capture the scenes I see in their full, inspiring panoramic glory. Until now. I just picked up an LG G G Pro Pro with VR Panorama. And, from landscapes to skylines to the vast, open sky itself, I'm taking and sharing...

  • Page 23
    More convenience is within reach

  • Page 24
    People often ask: where do new product ideas come from? Home Appliances At LG, we research trends on future lifestyles and user experience. Then we develop concepts with inspiration from the research. And, sometimes, the idea can come from our personal connection to consumer needs. The Styler was ...

  • Page 25
    ... with less wrinkles and damage for longer life. The Inverter Direct Drive motor has received a 20-year-life certification by Germany's scientific and technical association, VDE. 6 Motion Direct Drive Washing Machine Healthy, pure water is always within reach with an LG Water Purifier. The Stainless...

  • Page 26
    ...science fiction. Until I met the LG HOM-BOT SQUARE. Definitely more science than fiction! I just set it down, HOM-BOT SQUARE turn it on and, well, that's really all there is to it. My HOM-BOT The HOM-BOT SQUARE with Corner Master goes where ordinary round vacuums can't. Deep into corners, and right...

  • Page 27
    A healthier, happier home Air Conditioning & Energy Solution

  • Page 28
    Malaria is a very huge health problem in Nigeria and the available Air Conditioning & Energy Solution methods of mosquito control all have some inconvenience in one form or another. The idea for an Anti-Mosquito Air Conditioner came about after realizing this as a real need of consumers. Our teams ...

  • Page 29
    ... of offering the ultimate in energy efficiency, assuring you a significant return on your investment with an impressive 4.85 EER. Multi V IV Eco-friendly refrigerants mean you're doing your part for a sustainable future. Centrifugal Chiller * HVAC: Heating, Ventilating & Air Conditioning 46...

  • Page 30
    ... says it's because we have a special air conditioner by LG just for Saudi Arabia. I smiled when she said LG-they make my favorite smartphone. But keeping my bedroom comfy when the heat outside is another world record-that really is a cool idea. " The Titan Big 2 was developed for one of the hottest...

  • Page 31
    Cleaner water. Endless energy. A brighter world. LG is working to make a better future possible for us all. 50 51

  • Page 32
    .r e t a w r e n a e l C .y g r e n e s s e l d n E .dlrow rethgirb A ek a m o t g n i k r o w s i GL rof elbissop .lla su Cleaner water. Endless energy. A brighter world. LG is working to make a better future possible for us all. 50 51

  • Page 33
    ... lighting with air conditioning and heating management opens new possibilities in energy savings. The slimmest LED pendant lighting If this were just the world's slimmest LED Pendant lighting, it would be quite an achievement. But the innovation doesn't stop there. LG's TV light source technology...

  • Page 34
    ...energy is more than just good business-it's good for our planet's future. An early innovator, a current leader LG has been committed to sustainable solar solutions since 1985. The pioneering research and development of our engineers can be seen in our continued advancements, our innovative products...

  • Page 35
    ... with respect. Total Water Solution, LG EPC** When you combine LG Electonics' global business reach with Hitachi Group's technological expertise, anything truly is possible. The joint venture between our two companies has resulted in a single source for best-in-class engineering, procurement and...

  • Page 36
    Working with communities. Caring for our planet. Cheering for our heroes. These are our shared values that make life better. 58 59

  • Page 37
    . s e i t i n u m m o c h t i w g n i k r oW .tena lp ruo rof gniraC . s e or e h r u o r o f g n i r e e h C er a e s e h T .r e t t e b e f i l e k a m t a h t Working with communities. Caring for our planet. Cheering for our heroes. These are our shared values that make life better. 58 59

  • Page 38
    ... Zero Energy America Projectâ„¢** in Tampa, Florida, where a local builder has tapped into LG products to offer "net-zero energy" luxury homes. It's just one way that business is benefiting from LG's leadership in R&D which covers LED lighting, solar power, water treatment, and smart grid. Products...

  • Page 39
    ...of our research and development to solve critical needs, build awareness of key issues, and encourage greater involvement. We are helping bridge the "digital divide" with a mobile phone specifically designed for the visually impaired. And we offer our digital billboard in New York's Times Square and...

  • Page 40
    ... of their own local markets. From Eco-Hybrid washer-dryers and Doorin-Door refrigerators to Charcoal Lighting Heater ovens and the Hom-Bot Square robotic vacuum, the products proved once again that LG innovation is one brand worthy of a festival all its own. Digital Experience 2013 in Brazil 64 65

  • Page 41
    ...also as a global community of fans of many different sports, from car racing to cricket. Which is why we're doubly honored to sponsor some of the world's leading organizations. Sharing Our Passion with Customers Baseball _Sponsor since 2013 Talk about a great place to "pitch" our products-LG is now...

  • Page 42
    ... truly surpass expectations and open the world's eyes to new possibilities. The World Record Campaign is a highly visible way to celebrate those LG products that outpace the competition through World First and World Class features. The honored products are carefully chosen based on very strict...

  • Page 43
    ...on internal survey of Refrigerator models available for purchase in March, 2012. The World's Largest Capacity Washing Machine Based on manufacturer's published specification of residential washing machines, March, 2012 Cinema Screen 3D TV (LM96) 55 inch OLED TV Titan Deluxe Air Conditioner Slim...

  • Page 44
    We believe technology is an enabler. It frees you to dream and focus on your own ideas. And it helps you achieve what you want for yourself. When the technology realizes your dream, it's all possible. 72 73

  • Page 45
    We believe technology is an enabler. r u o y n o s u c o f d n a m a er d uoy spleh ti dnA .saedi nwo rof tnaw uoy tahw eveihca .f l e s r u o y When the technology realizes your dream, it's all possible. 72 73

  • Page 46
    ... ioning & Energy Sol tio n Corporate Strategic Planning Division Corporate Business Planning Division Corporate Audit Division HA 22% Sales by Company Middle East & Africa 11% Sales by Region Central & South America 15% MC 20% North America 23% Employees Europe 12% Investment Korea Total...

  • Page 47
    ... America Solutions LG Consulting corp. LG Electronics Guatemala S.A. Zenith Electronics LLC Servicios LG Monterrey Mexico S.A. de C.V. • LLC LG Receivable Funding• LLC Easytec Global Services Innovation Limited LG Electronics Angola Limitada LG Electronics (Levant) Jordan LG Electronics Africa...

  • Page 48
    ... & CEO / Mobile Communications Company Sung-Jin Cho President& CEO / Home Appliances Company Hwan-Yong Nho President & CEO / Air Conditioning & Energy Solution Company Woo-Jong Lee President & CEO / Vehicle Components Company Sang-Geon Nam Executive Vice President / Business Support Officer Ho...

  • Page 49
    ... Internet-enabled washing machine, air conditioner, and microwave oven 2002 • Demerged into two companies to unlock shareholder value: holding company LG Electronics Investment (LGEI) and operating company LG Electronics (LGE) • Commercialized world's first home network system 2003 • Developed...

  • Page 50
    Financial Statements Report of Independent Auditors To the Board of Directors and Shareholders of LG Electronics Inc. We have audited the accompanying consolidated statements of financial position of LG Electronics Inc. and its subsidiaries (collectively the "Group") as of December 31, 2012 and ...

  • Page 51
    ...LG Electronics...classified as held for sale 1,832,190 54,...benefit liability Provisions Other non-current liabilities Equity attributable to owners of the Parent Company Paid-in capital: Capital stock Share...Total assets 31,457,386 Non-controlling interest Total equity Total liabilities and equity 249,805 12,704...

  • Page 52
    ... of Korean won, except per share amounts) 2012 2011 (in millions of Korean won) 2012 2011 Net sales Cost of sales Gross profit Selling and marketing expenses Administrative expenses Research and development expenses Service costs Operating income Financial income Financial expenses Gain...

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    ... Parent Company : Dividends Paid-in Capital Change in ownership interest over subsidiaries Total transactions with equity holders of the Parent Company Balance at December 31, 2011 Balance at January 1, 2012 Comprehensive income: Profit for the year Actuarial loss on defined benefit liability Share...

  • Page 54
    It's all possible Without your inspiration, truly meaningful innovation would not be possible. The incredible products in these pages are your ideas as much as ours. We hope they make life better for you and your family in the year ahead. www.lg.com/global