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.
Business Domains and Major ProductsThe 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.
Global Market Share (as of end-2004)CDM handsets (No. 2, 19%), WCDMA handsets (No. 2, 22.8%) and GSM handsets (No. 6, 3.8%)
2004 PerformanceLG 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
Global Top 3 By 2010LG Electronics pursues its 21st century vision of becoming a true global digital leader who can make its customers worldwide happy through its innovative digital products and services.
LG Electronics sets its mid-term and long-term vision anew to rank among the top 3 electronics, information, and telecommunication firms in the world by 2010.
As such, we embrace the philosophy of "Great Company, Great People," whereby only great people can create a great company, and pursue two growth strategies involving "fast innovation" and "fast growth." Likewise, we seek to secure three core capabilities: product leadership, market leadership, and people-centered leadership.
