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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > LG Electronics Inc.

LG Electronics Inc.
 NEWS FROM THE STANDARD
Sharp, Sanyo Team Up On Appliances
Jul 03 2001 06:36 AM PDT

Tablet Computing Makes Another Run
Apr 16 2001 03:17 PM PDT

Commerce One Storms Into Asia
Nov 29 2000 04:02 AM PST

B-to-B Sprouts Outside U.S.
Nov 28 2000 04:10 AM PST

Commerce One, Korean Partners Launch B-to-B Exchange
Nov 27 2000 07:59 AM PST

 PROFILE
LG Electronics (LGE) makes the stuff that has excited game show contestants for decades. The company's 70-plus subsidiaries design and manufacture display products (TVs, monitors), home appliances (refrigerators, microwaves, air conditioners), and multimedia devices (VCRs, DVD players, CD-ROM drives, MP3 players). LGE owns Zenith Electronics and has a flat-panel display joint venture with Philips Electronics (LG.Philips LCD). LGE has been increasing its sales to North America and Europe; Korea provides 33% of sales. Founded in 1958 as Goldstar, the firm -- a member of South Korea's LG Group -- has taken over the operations of LG Information & Communication (video phones, mobile phones, routers, switches, hubs).

 COMPETITION
Daewoo Electronics Co., Ltd. (DWE)
Matsushita Electric Industrial Co., Ltd. (MC)
Samsung Electronics Co., Ltd. (SEC)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 11,709.80
1-Yr. Sales Growth: 26.9%
Employees: 64,000
Revenue per employee: $182,965.62

 KEY PEOPLE
• John Koo
    CEO
• Jung Byung Chul
    CFO

 CONTACT INFO
20 Yoido-dong, Youngdungpo-gu
Seoul 150-721, South Korea
Phone: 82-2-3777-1114
Fax: 82-2-3777-5338
Online: Web Site

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