Lg electronics Strength

 Lg Durability Essay

LG Electronics (LGE) is a maker of digital appliances, entertainment products, communication devices and electronic pieces. The company companies a wide range of items ranging from color monitors to LCD items to home kitchen appliances. The company as well manufactures wifi handsets and telecommunication system systems. A diversified procedure enables the corporation to take advantage of possibilities within certain markets and geographies, and at the same time protects that from part specific challenges. However , fake product impacts the income of the company in the long run.

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Diversified businesses

LGE features diversified businesses. The company makes a wide range of items ranging from color monitors to LCD items to home kitchen appliances. It also makes wireless handsets and telecommunication infrastructure systems. LGE generates revenues through six organization divisions: FLAT SCREEN (24. 2%), digital display (21. 3%), digital equipment (19. 9%), mobile interaction (18. 7%), digital mass media (9. 1%), and other organization (6. 7%).

The company's organization is also geographically diversified, together with the largest geographic segment, European countries, accounting for 22% in the total profits in FY2007. Other geographic divisions comes with North America, Household (Korea), Cina, Asia, Central and South America, and others made up 21. 8%, 19. 4%, 18. 5%, 11. 6%, 6. 6% and 0. 1% of total earnings, respectively.

A various revenue foundation enables the business to take advantage of chances within particular markets and geographies, and at the same time cushions this from section specific challenges.

Strong r and d capabilities

LGE has solid research and development (R& D) features. LGE is definitely committed to buy R& G to create products with the latest technology and style. LGE operates 32 research labs throughout the world. The company's strong give attention to R& D has empowered it to come out with progressive products. In 2005, the...

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