Company Profile For LG Electronics Inc.

LG Electronics Inc. is a Korea-based manufacturer specialized in the provision of electronics and telecommunication products. The Company operates its business through four divisions: mobile communication, digital appliance, digital display and digital media. The mobile communication division offers telecommunication terminals, mobile communication terminals and systems, private branch exchange (PBX) systems, personal computers and others. The digital appliance division provides air conditioners, refrigerators, washing machines, microwave ovens, vacuum cleaners, moisteners, compressors, motors and other electronic products and components. The digital display division offers televisions (TVs), monitors, plasma display panel (PDP) modules, video tapes and others. The digital media division provides storage devices, audios, videocassette recorders (VCRs), digital versatile discs (DVDs) and others.

BRIEF: For the fiscal year ended 31 December 2008, LG Electronics, Incorporated's revenues increased 18% to W63.280T. Net income applicable to Common decreased 64% to W390.99B. Revenues reflect increased income from digital appliance business in foreign market and mobile communications business in domestic and foreign markets. Net income was offset by lower gross profit margin and higher loss on foreign exchange transactions.