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Last 44,550 KRW
Change Today +1,500 / 3.48%
Volume 639.2K
As of 9:08 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

lg electronics inc (066570) Snapshot

Previous Close
Day High
Day Low
52 Week High
08/7/14 - 79,600
52 Week Low
07/20/15 - 40,500
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for LG ELECTRONICS INC (066570)

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lg electronics inc (066570) Details

LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communication products, and home appliances under the LG name worldwide. Its Home Entertainment division offers a range of televisions, monitors, PCs, security devices, audio and video products, and other products. The company’s Mobile Communications division provides G Series, Vu: Series, F Series, and L Series? mobile phones; and smart watches. Its Home Appliance division offers refrigerators, microwave ovens, dishwashers, washing machines, vacuum cleaners, water purifiers, and other products. The company’s Air Conditioning & Energy Solution division provides residential air conditioners, commercial air conditioners, and other products. LG Electronics Inc. also offers LED, display and network products, substrate and materials, optics solutions, auto and motor products, vehicle components, compressors, motors, display materials, lighting solutions, solar energy systems, and others. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.

Founded in 1958

lg electronics inc (066570) Top Compensated Officers

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Executives, Board Directors

lg electronics inc (066570) Key Developments

Dynamic Digital Depth Research Pty Ltd. Files Patent Infringement Suit Against LG Electronics

DDD Group plc confirmed that Dynamic Digital Depth Research Pty Ltd. ('DDD') has filed a lawsuit in Los Angeles alleging that LG Electronics' range of 3D televisions infringe three of DDD's U.S. patents. The complaint alleges that the automatic 2D to 3D conversion function performed by LG's range of 3D televisions infringes the claims of DDD's U.S. Patent No. 6,477,267 "Image Conversion and Encoding Techniques", U.S. Patent No. 6,496,598 "Image Processing Method and Apparatus", and U.S. Patent No. 7,489,812 "Conversion and Encoding Techniques". The complaint notes that despite the fact that LG licensed DDD's TriDef 3D solutions for use with their 3D personal computer products and their 3D mobile phones, the engineering team responsible for the development of LG's 3D televisions pursued the development of their 3D TVs in full knowledge of the existence of DDD's patents and technologies. As a result, the complaint alleges that the LG has demonstrated a pattern of blatantly disregarding DDD's intellectual property and by doing so, LG is getting a "free ride" on DDD's decades of research and development, and unfairly competing in the marketplace since first announcing their range of 3D TVs in late 2009. The complaint seeks injunctive relief and unspecified monetary damages and contends that since LG's infringement has been, and continues to be, willful, DDD is entitled to seek treble damages and an award of its attorneys' fees, costs, and expenses.

LG Electronics Appoints Jong Kim as Senior Vice President

Dr. Jong Kim, President of the Zenith Research and Development Lab, has been named Senior Vice President of LG Electronics. Kim’s new position, as one of LG s most senior executives in the Western Hemisphere, reflects the important role of the U.S. R&D lab, which includes work on groundbreaking technologies for next-generation broadcasting standards; for hospitality, healthcare and digital signage systems; and for automotive electronics, among other high-profile LG technology programs. Kim has been Zenith President since 2005 after serving as Vice President, Zenith R&D, from 2000-04. A key contributor to Advanced Television Systems Committee (ATSC) digital television standards, he joined Zenith Electronics LLC in 1990. Of special significance right now is Dr. Kim's direction of the U.S. team, in close collaboration with LG R&D labs in Korea, on the development of next-gen broadcasting technologies for the emerging ATSC 3.0 standard.

LG Electronics Denies Take Over Rumors By Google

LG Electronics Inc. (KOSE:A066570) denied sale of stakes to Google Inc. (NasdaqGS:GOOGL). LG Electronics denied rumors that Google has purchased a 35% stake in the consumer electronics company. "I haven't been heard this news before," Jo Sung-jin, Head of home appliances Division, told a group of local reporters on the sidelines of his participation in a company event to unveil new products at its Twin Tower, Yeouido, headquarters. Google didn't deny or admit such rumors. "We don't comment on a rumor or speculation," Google Korea said in a statement to The Korea Times. LG Electronics spokesman Ken Hong said the market talk was complete speculation and that the company does not comment on rumours.


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Valuation 066570 Industry Range
Price/Earnings 13.9x
Price/Sales 0.1x
Price/Book 0.6x
Price/Cash Flow 19.9x
TEV/Sales NM Not Meaningful

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