As a global leader in mobile communications, home appliance convergence, digital multimedia,
and the flat panel display market, LG Electronics is paving the way for our digital future. LG specializes in UMTS, CDMA, and GSM handsets, and produces innovative digital appliances
from steam washing machines to Internet/TV refrigerators. LG has also experienced international
success with its customized digital display product designs and technologies, and boasts a wide
range of high-definition, quality convergence products. LG is wholly commitment to this new digital convergence era, enabling the company to remain a
frontrunner in its field while enriching the lives of its valued customers.
LG Electronics’
Mobile Communications Company pursues digital convergence and
ubiquitous connectivity, providing future core digital technologies
on wired and wireless handsets including mobile phones.
The Mobile Communications Company is supplying world-class CDMA,
GSM and 3G mobile phones to approximately 70 countriess worldwide,
including the U.S., and various European, Asian, and Central
and South American nations. This division has enabled LG Electronics
to become the leader in the worldwide CDMA mobile phone market,
and has allowed LG Electronics to garner attention as a dark
horse in the 3G market.
With Mobile Communication Company’s cutting-edge technologies,
outstanding product leadership, solid partnerships with major
global operators, and aggressive brand marketing, LG Electronics
is rapidly becoming a global leader in mobile handsets.
CEO
President Park Mun-hwa
(personal website)
Business Domains and Major Products
The Mobile
Communication Company converges the digital appliances and the
digital multimedia technologies of LG Electronics, and gains
synergic benefits from other divisions. In this era of digital
convergence where various digital devices such as game machines,
digital cameras, MP3 players, TVs, PDAs, and GPS navigators
are being combined, the Mobile Communication Company is endeavoring
to bring this innovative world of mobile networks to consumers.
[Major
Products]
CDMA handsets,
GSM handsets, 3G (WCDMA) handsets and key phones
CDMA
handsets
LG Electronics
was the world's first company to unveil a
CDMA platform-based digital mobile phone.
This digital CDMA mobile handset shifted from
analogue phone to futuristic multimedia handset,
enabling data transmission. LG Electronics
is now striving to lead the global mobile
service industry with development of cutting-edge,
trendsetting mobile handsets.
3G
(WCDMA) handsets
Accurate
assessments regarding the future potential
of 3G mobile services prompted early investment
and development of 3G mobile phones. Consequently,
LG Electronics was well positioned to supply
a large quantity of WCDMA handsets to European
3G mobile operators, including Hutchison Whampoa,
Orange, and Telefonica Moviles. LG Electronics
was also selected as the supplier of 3G mobile
handsets for Cingular, the largest mobile
operator in the U.S. As a result, LG Electronics
has solidified a position as the third strongest
player in the market, and has laid the groundwork
for entering the two largest 3G handset markets,
Europe and North America.
LG Electronics achieved
a remarkable performance in 2004 when it posted sales of 9.4835
trillion won and an operating profit of 636.2 billion won, increasing
55% and 99% yoy, respectively. In its mobile phone business,
LG Electronics achieved sales of 8.3512 trillion won due to
brisk sales in major global mobile markets, including North
America and Europe. This figure is a 61% increase from last
year. The company has been growing at a annual rate of over
45% for five consecutive years.
