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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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'
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The Am Law Litigation Daily -- Oct. 13, 2009
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LG ELECTRONICS RELEASES SECOND 'NEW CHOCOLATE' PHONE
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'LG rolls out new Chocolate phone in Netherlands'
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'LG launches BL20, BL40 Chocolate phones in Austria'
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LG Unveils WideBook Notebooks with Blu-ray Drive
News & Analysis
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lg electronics inc. - All News and Analysis
Touchscreen mobiles see 159% growth
BNET
- 2009-11-05
Touchscreen mobile phone adoption in the US has shown a significant 159 percent growth rate during the past year to 23.8 million users in August 2009. According to comScore, the growth in touchscreen device adoption substantially outpaced the already strong 63 percent growth in US adoption of smartphones. "Touchscreen phones...
LG Electronics investing heavily in smartphones
BNET
- 2009-11-04
By John Poirier WASHINGTON (Reuters) - LG Electronics Inc is investing heavily in developing its smartphone business as it faces increasing global competition, the chief executive of the South Korean company said on Tuesday. LG CEO Yong Nam told an audience at the Woodrow Wilson International Center for Scholars that...
LG SB210 is made for Korea-based golfers
BNET
- 2009-11-03
LG has launched a new phone in Korea. It's called LG SB210 and it comes pre-loaded with maps for 280 golf courses, as well as some other golf-related services, including the so called "Receive PJT" application. The all-touchscreen device also comes with 3-inch 240×400 pixels display, accelerometer, compass, GPS, 3-megapixel...
Samsung, LG Lead an Improving Handset Market, Says Report
BNET
- 2009-10-30
The global mobile handset market is on the mend. Samsung and LG shipped record volumes in the third quarter, though Nokia, Sony Ericsson and Motorola lagged. Growth is expected for the fourth quarter, ?signaling an end to the recession,? states the report.Good news for the global mobile handset market: An...
LG Says OLED Panels Will Cost Less Than LCD in 2016 [Oled]
BNET
- 2009-10-30
LG has outlined its OLED roadmap, and there's good stuff coming up. Its 15-inch OLED panel takes on Sony in November, followed by 20- and 30-inch versions in 2010 and 2011. Oh, and 40-inch OLED TVs are coming in 2012. Those 40-inch panels will still be "fairly expensive", but LG...
LG roadmap predicts 'OLED panels will cost less than LCD panels in 2016'
BNET
- 2009-10-30
Speaking at the FPD show in Japan, Won Kim, VP of LG Display's OLED sales and marketing group laid bare its OLED plans for the future. Pretty significant as LG is one of only two players currently manufacturing production OLED TVs ; though unlike Sony ,...
Telus kicks off HSPA+ network with iPhone November 5th, HTC Hero, LG New Chocolate and more to follow
BNET
- 2009-10-26
Telus already announced that it'd be launching the iPhone in November , but it's just now gotten official with an actual date: November 5th -- which just so happens to also be the day that it lights up its brand new HSPA+ network. Unfortunately for anyone hoping that a...
Samsung, LG, RIM and Sharp will support JIL widget specs
BNET
- 2009-10-22
The Joint Innovation Lab JIL, whose members include Verizon, Vodafone, China Mobile and Softbank, announced that top handset makers agreed to support the JIL widget specification in phones released starting the first quarter of 2010. The handset makers are: Samsung, LG, Research in Motion and Sharp. It is the first...
AT&T sues LG, Samsung, others alleging LCD price-fixing 'conspiracy'
BNET
- 2009-10-21
A cellphone without an LCD isn't much of a cellphone. Alright, yes, there are exceptions to the rule, but generally speaking, LCDs still rule the industry, which makes it a ripe target for nefarious price-fixing schemes to take root -- something that LG and Sharp are well-acquainted with ...
Handsets Power LG Elec Past Forecasts
BNET
- 2009-10-20
SEOUL (Reuters UK) - South Korea's LG Electronics posted third-quarter net profit that beat expectations thanks to a soft local currency that boosted its price competitiveness and a strong line-up of mobile phones. The world's No. 3 mobile phone maker is headed for a weaker fourth quarter on higher marketing...
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 |
| Sung-Ha Cho | Head, Mgmt Admin |
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 |
| Organization | Position | Status |
|---|---|---|
| LG Electronics Inc. | Head, Mgmt Admin | Current |
| 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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LG Electronics
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