BNET Industries
Last Fiscal Year Sales:$44.7B
- Public
Dow Jones Description
LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 84,000 people working in 115 operations including 84 subsidiaries around the world. With 2008 global sales of $44.7 billion, LG comprises of five business units - Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world's leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines.
President, CEO, Digital Media
B.B. HwangNumber of Employees 84,000
Peer Companies
NAICS Code Computer Terminal Manufacturing: 334113
Recent Events
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Sleeker Handsets Buoy Carphone Outlook
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Custom digital signage from LG Concierge Advantage
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Most Asian Markets Edge Up in Quiet Trade
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Myriad Group AG: Myriad Selected as Partner on LG's First Android Device
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LG Closes One of the Largest Audio Systems Deal with Volkswagen
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LG Electronics investing heavily in smartphones
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LG Scarlet TV is characterized by Bluetooth technology
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'LG brings BL20, BL40 Chocolate phones to Spain'
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"All systems go" for broadcasters' mobile TV rollout
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LodgeNet Interactive signs licensing agreement with LG Electronics
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LG GD510 Pop â€" Innovative Mobile Phone
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Why Intel Is Shrinking
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LG Closes One of the Largest Audio Systems Deal with Volkswagen
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LG ELECTRONICS SIGNS US$370 MLN DEAL WITH VOLKSWAGEN
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LG Electronics Signs Audio Deal With Volkswagen
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Soft Open Expected For South Korean Stocks
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LG Electronics Posts Highest Third Quarter Earnings in Its History
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LG Introduces the Ideal HS201G LED Projector to the Market
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'LG introduces LG GD510 eco-friendly device'
News & Analysis
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lg electronics inc. and telecommunications - All News and Analysis
Mobile giants plan to target rural population of India
- 2007-04-27
After capturing the attention of urban users in India, telecom giants like Motorola, Nokia, and LG plan to attract users from Indian villages. These firms have devised a strategy to target haats and mandis, among others, to connect rural India. The rural After capturing the attention of urban users in...
LG puts executive suites on 'shuffle'; Parent and telecom unit get new CEOs.(News)
- 2006-12-25
Byline: Phil Carson Trying to please everyone is a good gambit when launching a handset business with global ambitions. Somewhere along the way, however, one has to shift gears. Managing sustainable growth and profitability in the...
LG & Samsung aim to increase telecom business
- 2006-07-16
Consumer Durable companies like Mire and Samsung Electronics have joined in the race with LG in the telecom segment. Their focus will be on mid and high-end segment. LG aims to report a $1939 million turnover this year and expects GSM to contribute 7% or Consumer Durable companies like Mire...
Nortel and LG finalize deal
- 2005-12-01
Nortel has formalized its joint venture with Korea's LG Electronics. This partnership is taking an increasingly high profile in the broadband wireless world, especially with LG's early entry into pre-WiMAX markets through its support for the Korean Wi-Bro technology. The most recent breakthrough came recently with a demonstration of a...
LG Electronics, Nortel Launch Joint Venture for Telecom, Networking Solutions; New Entity to Leverage Best-in-Class Resources, Expertise While Harnessing Technology Leadership in Major Markets
- 2005-11-02
SEOUL, South Korea -- LG Electronics (KSE: 06657.KS) and Nortel (NYSE: NT)(TSX: NT) today closed the transaction announced in August that forms a joint venture between the two companies. The joint venture, named LG-Nortel Co. Ltd., will offer leading-edge communications and networking solutions in the wireline, optical, wireless and enterprise...
LG Electronics, Nortel Launch Joint Venture for Telecom, Networking Solutions; New Entity to Leverage Best-in-Class Resources, Expertise While Harnessing Technology Leadership in Major Markets.
- 2005-11-02
SEOUL, South Korea, Nov 2, 2005 CCNMatthews via COMTEX -- LG Electronics (KSE: 06657.KS) and Nortel (NYSE: NT)(TSX: NT) today closed the transaction announced in August that forms a joint venture between the two companies. The joint venture, named SEOUL, South Korea, Nov 2, 2005...
LG Electronics, Nortel Sign Definitive Agreement to Establish Joint Venture for Telecom, Networking Solutions
- 2005-08-17
SEOUL, South Korea -- LG Electronics (KSE:06657) and Nortel (NYSE:NT)(TSX:NT) today signed a definitive agreement to form a joint venture that will offer telecom and networking solutions in the wireline, optical, wireless and enterprise areas for South Korean and global customers.
LG Electronics team up on WiMAX Solutions.(KOREA)(with Nortel)
- 2005-05-01
Nortel and LG Electronics have announced plans to work together to jointly develop and market WiMAX products. This follows the January 2005 announcement of a Memorandum of Understanding MoU between Nortel and LG Electronics to establish a joint venture for providing high quality, leading...
LG Electronics and Nortel Network sign an agreement to jointly develop and sell WiMAX high-speed wireless Internet technology
- 2005-04-01
LG Electronics and Nortel Network sign an agreement to jointly develop and sell WiMAX high-speed wireless Internet technology to telecom operators.
Nortel, LG Electronics team up on WiMAX solutions; Cutting-edge technology expected to greatly enhance subscriber experience, increase operator revenue potential.
- 2005-03-15
M2 PRESSWIRE-15 March 2005-NORTEL: Nortel, LG Electronics team up on WiMAX solutions; Cutting-edge technology expected to greatly enhance subscriber experience, increase operator revenue potentialC1994-2005 M2 COMMUNICATIONS LTD RDATE:15032005 SINGAPORE - Nortel [NYSE/TSX: NT], a global telecommunications leader in wireless infrastructure...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| B.B. Hwang | President, CEO, Digital Media |
| Simon Kang | President, CEO, Digital Display |
| Skott Ahn | President, CEO, Mobile Comm |
| Young-Ha Lee | President, CEO, Digital Appliances |
| Woo Hyun Paik | President & CTO |
| David Dohyun Jung | CFO & Executive Vice President |
| Dermot J.M. Boden | CMO & Executive Vice President |
| Didier Chenneveau | Chief Supply Chain Officer & Executive Vice President |
| James N. Shad | Chief Go, to, Market Officer & Executive Vice President |
| Lom Linton | Executive Vice President & Chief Procurement Officer |
| Reginald J. Bull | Chief HR Officer & Executive Vice President |
| Thomas K. Linton | Executive Vice President & Chief Procurement Officer |
| Ward Crawford | Chief Operating Officer, UK & Ireland |
| Young Kee Kim | Executive Vice President & Chief HR Officer |
| Young Soo Kwon | CFO |
| Johan Lindenmark | Director, Marketing, Scandinavian |
| Paul Meadows | Manager, Corp Marketing |
| Joe M Cruz | |
| Nathan Kim | |
| Patrick Duffy | |
| Sung-Ha Cho | Head, Mgmt Admin |
| Warren Levy |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| In Ki Joo | Board of Directors |
| S. S. Kim | Vice Chairman |
| Suk Chae Lee | Board of Directors |
| Suk-Jean Kang | Board of Directors |
| Sung-Won Hong | Board of Directors |
| Yong Nam | Board of Directors |
| Yu-Sig Kang | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | President, CEO, Digital Media | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | President, CEO, Digital Display | Current |
| LG Electronics Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | President, CEO, Mobile Comm | Current |
| LG Electronics Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | President, CEO, Digital Appliances | Current |
| LG Electronics Inc. | Co-President | Former |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | President & CTO | Current |
| LG Electronics Inc. | CTO | Former |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | CFO & Executive Vice President | Current |
| LG Electronics Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | CMO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Chief Supply Chain Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Chief Go, to, Market Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Executive Vice President & Chief Procurement Officer | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Chief HR Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Executive Vice President & Chief Procurement Officer | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Chief Operating Officer, UK & Ireland | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Executive Vice President & Chief HR Officer | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Director, Marketing, Scandinavian | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Manager, Corp Marketing | Current |
Mr. Cruz is responsible for leading AirCell's engineering and technology group, serving all AirCell markets. His experiences include senior executive roles in the aviation, satellite and terrestrial communications industries with companies including Ameritech Cellular and LG Electronics. He has also co-founded several technology development companies within the industry including Airfone, Railfone, Personal Guardian, Med-Net and Intelli-Sens. He has contributed directly to the development of CDMA technology and CDMA 3G enhancements for broadband data communications and additional network capacity for mobile voice and data communications. In addition, he is one of the founding partners of the CDMA Development Group (CDG), and the CDPD Consortium of companies. He earned his degree in Electrical Engineering from the University of the Philippines.
| Organization | Position | Status |
|---|---|---|
| Air Cell, Inc. | Senior Vice President, Chief Technology Officer | Current |
| LG Electronics Inc. | Current | |
| University of the Philippines | Degree - Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| The Hampshire Companies | Financial Analyst | Current |
| LG Electronics Inc. | Current | |
| Hyundai Corporation | Current | |
| Urban Land Institute | Board of Directors | Current |
| Harvard University | Member | Current |
| Urban Land Institute | Member | Current |
| Harvard University | Master's | Former |
Patrick Duffy is responsible for Oregon Scientific's LCD product sales in North America. This includes the overall management, category and special markets growth, and branding initiative activities for all Timing, Weather, Sports and Fitness, Audio and Special Collections products. Patrick brings to Oregon Scientific twenty years of consumer electronics sales and marketing management expertise. Patrick has held sales and marketing management roles with LG Electronics, Royal, Emerson and Radio Shack.
| Organization | Position | Status |
|---|---|---|
| Oregon Scientific, Inc. | Vice President of Sales Lcd | Current |
| The Royal | Current | |
| LG Electronics Inc. | Current | |
| RadioShack Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Head, Mgmt Admin | Current |
Array
| Organization | Position | Status |
|---|---|---|
| Show & Tell Productions, Inc. | Vice President, Business Development | Current |
| HSBC Auto Finance | Current | |
| Philips Electronics Ltd. | Current | |
| Lincoln Center for the Performing Arts, Inc. | Current | |
| Discovery | Former | |
| Show & Tell, Inc | Former |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Vice Chairman | Current |
| LG Electronics Inc. | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Board of Directors | Current |
Yong Nam is the President and CEO of LG Telecom, a leading CDMA-based wireless carrier in Korea. He has been with LG for 30 years, holding various senior positions and making significant contributions to LG Electronics and the Corporate Office. Prior to LG Telecom, he was Executive Vice President in charge of the Multimedia Division of LG Electronics with responsibility for revenues of $2BN. His achievements included turning around the division, downsizing, and returning it to profitability within one year. While he was in the LG Corporate Office, he was in charge of Corporate Strategy and International Alliances. Under his leadership, LG undertook its "Leap 2005" to transform the business structure of LG into a world-class communication services company. He holds a BA degree in Economics from Seoul National University.
| Organization | Position | Status |
|---|---|---|
| LG Telecom Ltd. | President and CEO | Current |
| Athena Technology Ventures | President and CEO, Lg Telecom, Ltd. | Current |
| LG Electronics Inc. | Board of Directors | Current |
| Seoul National University | Ba Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Board of Directors | Current |
Executive News
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LG Electronics Announces Release of 2009 Environmental Report
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LG to Open LG Application Store Tomorrow
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LG Phones Launching Own App Store
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Next-Generation LG Chocolate to be Unveiled in August
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Comment!
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Asian Tech Stock Weekly Summary (June 29 - July 5)
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LG aims to sell 5 million units of new high-end TVs in 2010
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LG may surpass Sony on strong demand
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KOREA'S LG AIMS TO SELL 5 MLN UNITS OF NEW HIGH-END TVS IN 2010
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LG Elec aims to sell up to 5 mln LED TVs in 2010
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Glass Door
LG Electronics
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