LG Electronics Inc - Company Profile
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Business Description
LG Electronics Inc (LG Electronics), a subsidiary of LG Corp, manufactures and markets home appliances, TVs, air solutions, monitors, service robots, and automotive components.
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R&D Overview
The R&D of LG Electronics arm strives to introduce new products and improve its existing product offerings. The company focuses on strengthening its vehicle component solutions business through research and development initiatives. It also focuses on expanding its capabilities and developing cutting-edge, next-generation mobility solutions. The company has sales offices, manufacturing and production plants, and research and development facilities in across the globe. In FY2022, the company incurred expenses of KRW2,397,333 million on R&D activities, which as a percentage of revenue, stood at 2.9%.
Business Segments
- Business Solutions
- Home Appliance & Air Solution
- Home Entertainment
- Innotek
- Other Segments
- Vehicle Component Solutions
- Other segments
Overview
Manufacture and sells PCs, information displays, monitors, laptops, projectors, cloud devices, medical displays, commercial robots, solar panels and others.
Performance
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Overview
Manufactures and sells refrigerators, washing machines, dishwashers, cooking appliances, dehumidifiers, air conditioners, microwaves, vacuum cleaners and others.
Performance
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Overview
Manufactures and sells TVs, monitors, beauty appliances, digital media products, audio and video equipment, PCs and accessories and other commercial products. Offers a range of TVs including ultra HD, high definition (HD), 3D, light-emitting diode (LED) and plasma TVs and other home entertainment systems such as home theatre systems, music systems, Blu Ray and DVD players.
Performance
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Overview
Manufactures and sells substrate and material, optics solution, camera modules, automotive components, motors/sensors and others.
Performance
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Overview
Involved in equipment production and others.
Overview
Manufactures and sells commercializing automotive components and core solutions. Produces in-car infotainment systems, electric compressors for automotive applications, and vehicle components.
Performance
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Performance
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Geographical Segments
Target Markets
Australia, Bangladesh, India, Korea, Malaysia, Philippines, Indonesia, Japan, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.
Performance
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Target Markets
Entire China
Performance
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Target Markets
Austria, France, Germany, Greece, Spain, Sweden, Hungary, Italy, the Netherlands, Poland, Portugal, Romania, the UK.
Performance
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Target Markets
Entire South Korea
Performance
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Target Markets
Algeria, Angola, Egypt, Morocco, Nigeria, Jordan, Kenya, Saudi Arabia, South Africa, and Tunisia
Performance
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Target Markets
Canada, Mexico and the US.
Performance
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Target Markets
Latvia, Russia and Ukraine
Performance
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Target Markets
Argentina, Brazil, Colombia, Panama, Chile, Peru and Venezuela
Performance
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