LG has adopted new visions for the 21st century. Its new visions are to develop a corporation where employees reach their full potential, shareholders maximize their value, and consumers are satisfied and touched emotionally.

On March 1, 2003, LG launched its comprehensive holding company, LG Corp. LG became the first major Korean corporation to introduce a holding company structure with advanced corporate governance. By converting its structure into the holding company system, where investment and business divisions are separated, LG committed itself to overcoming chronic problems that most of Korea's large companies had in governance, especially in circulatory investments between subsidiaries.

LG is now striving to fulfill its goal of becoming a first-class corporation by embracing "Jeong-Do" Management* and continuous innovation.

• 

  LG Arts center opened

• 

  LG Electronics becomes the world's first to develop organic EL for IMT-2000

• 

  LG Philips LCD (currently LG Display) begins production of the world's first fifth generation TFT-LCD

• 

  LG launches the holding company structure

  LG Life Science's "Factive" receives new-drug approval from the U.S. Food and Drug Administration

• 

  LG Electronics develops the world's first land-based digital multimedia broadcasting phone

  LG Electronics unveils 3G mobile phones for Hutchison

• 

  For eight years in a row, LG Electronics is number one in the world for sales of optical storage devices

  LG Electronics opens the LG Digital Reading Room in the National Library of Russia

  LG Chem opens a research center in Moscow, Russia

  LG Electronics develops the world's fastest 3D game phone

• 

  LG Electronics wins the 2006 Hong Kong Design Award for its Chocolate phone

  LG Electronics unveils the world's thinnest ceiling-bound system air conditioner

  LG Innotek develops the world's thinnest LCD (1.48 mm)

  LG Electronics unveils the world's slimmest (33-cm) flat-panel TV

  LG Philips' LCD (currently LG Display) was awarded the Best Corporation prize by BSC Management and Administration

• 

  LG Electronics is ranked first in the global CDMA market for two consecutive years

  LG publishes its 60-year history

  LG Chem announces a merger with LG Petrochem

  LG Tromm's washer seizes the number one spot in the U.S. frontloading market

• 

  LG.Philips LCD developed the world's first 14.1-inch flexible color electronic paper

  LG Launches the Third Black Label Series Handset LG Secret

  Moody's assigns LG Chem first-time Baa1 rating

The English translation of "Jeong-Do" is "the right way." "Jeong-Do" Management is the way we display our uncompromising integrity in pursuing LG's management principles