Lg Project Report

Topics: LG Electronics, Plasma display, LG Group Pages: 6 (1077 words) Published: March 27, 2011
The trajectory of LG Electronics, its growth and diversification, has always been grounded in the company ethos of making our customers' lives ever better and easier-happier, even-through increased functionality and fun.

Since its founding in 1958, LG Electronics has led the way to an ever-more advanced digital era. Along the way, our constantly evolving technological expertise has lent itself to many new products and applied technologies. Moving forward into the 21st century, LG continues to on its path to becoming the finest global electronics company, bar none.

LG Electronics 50-year History

(PDF, 21.0mb)

1958 Founded as GoldStar

1959 Produce Korea's first consumer radios

1998 Introduce the 60-inch plasma TV

1999 Forge joint venture with Philips

2003 Enter UK GSM handset market

2005 Develop 3G UMTS DMB handset

2007 Launch HD disc-player and drive
GoldStar (today’s LG Electronics) established
Korea’s first radio produced
Korea’s first refrigerator produced
Korea’s first black & white TV produced
Korea’s first air conditioner produced
Korea’s first washing machine produced
GoldStar Communications went public
Color TV produced
Exports surpassed US$100 million, a first for Korea’s electronics industry 1980
First EU sales subsidiary in Germany (LGEWG) established
Color TV plant established in the US in Huntsville, Alabama
Sales surpassed 1 trillion Won
European-standard VCR plant established in Germany
Sales subsidiary and a joint production subsidiary established in Thailand 1990
Ireland-based design technology center established
With the establishment of Huizhou subsidiary in China(LGEHZ), marketing in China took full swing 1995
Company name changed to LG Electronics and US-based Zenith acquired 1997
40-inch Plasma TV and the world’s first IC set for DTVs developed India production subsidiary (LGEIL) established 1998
World’s first 60-inch Plasma TV developed
LG.Philips LCD established
LG Information & Communications merged The world’s first Internet-enabled refrigerator launched Global sales of refrigerators reached the number one position 2001
Asynchronous IMT-2000 equipment commercialized The world’s first Internetenabled washing machine, air conditioner, and microwave oven launched LG.Philips Displays, a joint venture with Philips established 2002

Under the LG Holding Company system, the Company spun off to LG Electronics (LGE)& LG Electronics Investment (LGEI) The first home network system commercialized in the global market 2003
World’s first synchronous-asynchronous IMT-2000 mobile phone developed The world’s first 76-inch Plasma TV developed CDMA mobile handsets took the largest share in the US and world CDMA market Launched the world’s first Super Multi DVD Rewriter 2004

EVSB, the next-generation DTV transmission technology, chosen to be the US/Canada DTV transmission standard by the US ATSC All-in-one LG 55-inch LCD TV, the world’s first and largest among LCD TVs, commercialized The world’s largest and first 71-inch Plasma TV commercialized The world’s first terrestrial DMB phone developed Developed Wireless Speaker Home Cinema System 2005

The world’s first DMB notebook commercialized The world’s slimmest TV commercialized The world’s largest 102-inch Plasma TV developed LG and Nortel Networks agreed to establish a joint venture for telecommunication network equipment Satellite-based DMB phone commercialized The largest share seized in the global CDMA market 2006

Launched the LG Shine, the second handset in the Black Label Series Globally launched the steam washing machine and interactive TV refrigerator Developed the world's first 100-inch LCD TV Launched the world's largest Full HD 102-inch Plasma TV (1080p) Developed the world's first dual-format high-definition Disc Player& Drive 2007

Launches the industry's first dual-format, high-definition disc...
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