LG Electronics is one of the world's leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. It is the world's second-largest manufacturer of television sets and third-largest producer of mobile phones.
LG has been able to keep abreast of changing technologies. From CRT to 3D technologies, it has always been at the forefront of innovation among manufacturers. Currently LG has started production of passive 3D television, which is reputed to be more efficient and economical than the active 3D television.
LG sold more than 100 million mobile handsets in 2010 and has been able to capture around 7% of the world mobile phone market. Being one of the major global players in electronics with a long history of innovation, it is expected that LG will be able to maintain its pace of growth in line with the changing trends in technology.