LG Mobile

Topics: Mobile phone, LG Group, LG Electronics Pages: 22 (1293 words) Published: September 21, 2013
Prepared by :
Jeyran Babajanova, Sean Hurley,
Shu Fang (Jenny), Tianyi Zhao (Angela)







Founded

January 5, 1947

Headquarters Address
LG Twin Towers, 20
Yoido-dong, Youngdungpogu, Seoul, South
Korea
Our Businesses
Electronics, Chemicals,
Telecommunications and Service

(Number of Companies: 53)

LG Electronics
LG Display
LG Innotek
Hiplaza
Hi Logistics
System Air-Con Engineering
Siltron
Lusem

LG Chem
SEETEC
Coca·Cola Beverage
Company
LG Hausys
LG TOSTEM BM
HAUSYS ENG
LG Life Sciences
LG MMA

LG TeleCom
CS Leader
A•IN
LG Dacom
LG Powercom
DACOM Crossing
CS ONE Partner
LG CNS
LG N-Sys

1947

1953

1958

1967

1970

1974

1995

•Chairman
In Hwoi
Koo
founds LG
by
establishin
g Lak Hui
Chemical
Industrial
Corp.
(now LG
Chem)

•Lak Hui
Industry
establishe
d (now LG
Internatio
nal Corp.)

•Goldstar
Co.
establishe
d (now LG
Electronics
)

•Honam Oil
Refinery
Co.
establishe
d (now GS
Caltex of
GS Group)

•Cha Kyung
Koo takes
office as
Chairman

•Lak Hui
changes
its name
to Lucky
Co., Ltd

•Bon Moo
Koo takes
office as
Chairman
• New
Corporate
Identity
(CI)
establishe
d (Lucky
Goldstar
LG)

Goldstar produced first electronics in Korea.

1959
1960
1961
1965
1966
1968
1969
1973
1974
1979
1981
1982
1983
1984
1985

•First radio
•First electronic fan
•First telephone
•First refrigerator
•First black and white TV
•First air room conditioner

•First elevator, escalator, washing machine
•First cassette recorder
•First PMC single station equipment
•First videotape recorder
•first electronic VTR

•First color video camera
•First compact disc player in Korea
•First multiplex television with sound and color in Korea
•First laser machines in Korea, single unit video 8 mm VTR in Korea

1958-1995
1962

1975

1976

• Goldstar introduces private
loans for the first time in
Korea

• Goldstar establishes the
Central Research and
Development Institute

• Goldstar Precision Industry
(currently LG Innotek Co.,
Ltd.) established

1977

1978

1989

• Goldstar develops color
television

• Goldstar achieves exports
to the amount of 100
million USD

• Goldstar Industrial Systems
develops the fourth direct
drive ultra precision robot
in the world

1995
• LG Electronics Inc. acquires
Zenith, the largest
electronics company in the
United States

1995-Today
1995

•Chairman Bon Moo Koo created and enforced "Jeong-Do" Management* and "No. 1 LG" as the company's core management goals.

1996

•LG Electronics Inc. establishes the LG-IBM PC company

1999

•LG Electronics Inc. develops the thinnest plasma display panel in the world

2001

•LG Electronics becomes the world's first to develop organic EL for IMT-2000

2004

•LG Electronics develops the world's first land-based digital multimedia broadcasting phone
•LG Electronics unveils 3G mobile phones for Hutchison

2005

•For eight years in a row, LG Electronics is number one in the world for sales of optical storage devices
•LG Electronics opens the LG Digital Reading Room in the National Library of Russia
•LG Electronics develops the world's fastest 3D game phone

2006

•LG Electronics wins the 2006 Hong Kong Design Award for its Chocolate phone
•LG Electronics unveils the world's thinnest ceiling-bound system air conditioner

•LG Electronics unveils the world's slimmest (33-cm) flat-panel TV

2007

•LG Electronics is ranked first in the global CDMA market for two consecutive years







Revenues: $12.1 billion (FY 2008) that increased
10.3% compared with FY 2007
Collaboration with Microsoft Corporation,
Android software under Google Inc., Wal-Mart,
EBay, Toyota
Threat
Case of LG 830 Spyder cell phone











"Jeong-Do" Management and LG's
management principles
Increase the value for the shareholders and
investors
Improve...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Lg Electronics
  • Essay about lg vision
  • Lg Analysis Essay
  • Lg Mobiles and Electronics Essay
  • lg structure Essay
  • Lg Background Essay
  • Global Strategy of Lg Electonics Essay
  • the LG company Research Paper

Become a StudyMode Member

Sign Up - It's Free