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LG Electronics Inc.

SEO:066570 ISIN:KR7066570003

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 communications, digital appliance, digital display and digital media. The mobile communication division offers mobile broadcasting handsets, public broadcasting system (PBS) devices, key phones and others. The digital appliance division provides air conditioners, refrigerators, washing machines, microwave ovens, vacuum cleaners, compressors, motors, magnetrons and other electronic 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), personal computers and others. During the year ended December 31, 2007, the mobile communication division accounted for approximately 41% of total sales.



Asian Markets Overview of March 25

🕔3/25/2009 3:00:53 PM 13193

Asian markets extended strong gains Tuesday. However, investors were still cautious although US shares jumped nearly 7% a day earlier. On Wednesday most major indices in Asia opened modestly lower following the weak lead of Wall Street.

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Asian Markets Overview of February 27

🕔2/27/2009 3:30:58 PM 15290

Yesterday the Asian major bourses posted losses, driven by negative sentiment caused in large part by doubts over the financial rescue package in the US and profit-taking. The US President Barack Obama was sending Congress a budget that projects the government's deficit for this year will soar to US$1.75 trillion, reflecting efforts to pull the nation out of a deep recession and a severe financial crisis.

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Asian Markets Overview of February 24

🕔2/24/2009 3:00:40 PM 11450

Most major Asian indexes ended higher on Monday except for the Japan market. Tokyo stocks hit by the bankruptcy of nonbank lender SFCG dropped 2.8% in early trading and ended 0.5% at the close. South Korea's Kospi jumped 3.2%, China's Shanghai Composite added 2% and Hong Kong's Hang Seng Index surged 3.8%. This morning the Nikkei average extended its tumble after US stocks sank to a record low since 1997.

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Asian Markets Overview of February 10

🕔2/10/2009 3:00:16 PM 13642

Asian markets are expected to be flat today before the US stimulus package is unveiled. Yesterday the major indexes in Asia closed mixed with Shanghai and Hong Kong extended the rising after China's stimulus plan announced last week, while Tokyo and Seoul declined.

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Asian Market Overview of January 23

🕔1/23/2009 3:00:04 PM 16005

Tokyo stocks opened sharply lower Friday with investor sentiment hurt by Sony Corp.'s forecast of an annual operating loss as well as by a fall in U.S. shares overnight due to disappointing corporate earnings there. Yesterday the Aisan markets gained on the good lead from Wall Street. Hong Kong's Hang Seng Index firmed 0.6% to 12657.99. The Shanghai Composite Index added 1%. South Korea's Kospi Composite rose 1.1% to 1116.23.

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  • Electronics 
  • Principal Industry
  • Electronics & Equipment 
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