New LG Business Solutions

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In 2009, LG reorganized its business units, creating the Business Solutions Company. LG's Business Solutions Company products include digitally-enhanced security systems, a wide range of LCD monitors, versatile commercial displays, car infotainment and telematics solutions, and advanced audio systems. LG will continue to invest in these business solutions and product areas, setting new standards in technology.
 
The Business Solutions Company aims to be a leading B2B infotainment company offering a total package for digital devices and solutions. To achieve this vision, we will focus on designing products around consumer insights, differentiating our solutions, and optimising our business portfolio. Our success will depend on our ability to deliver operational excellence in marketing, R&D, supply chain management, production, quality control and customer support.
 
Monitors
 
LG's monitor business is growing far faster than the market average because of the company’s ability to blend smart technology and stylish design. LG has also gone to great lengths to create eco-friendly LCD monitors by reducing power consumption and eliminating harmful materials like mercury.
 
Commercial Display
 
Demand is growing for large commercial displays for use in hotels, hospitals and other public spaces and LG plans to build on its existing success in this market by investing in additional research and development, while also expanding into new geographic territories.
 
Security Business
 
LG security incorporates smart technologies into its digital products. These include surveillance cameras, video recorders, security monitors, and accessories. LG will continue to create security solutions that meet customer needs and advance the industry.
 
LG Business Solutions Company has seen on year-on-year growth in sales up until 2009. The global economic slowdown accounted for a dip in sales at the start of the year, but LG Business Solutions rebounded in the third quarter of the year as the high season for IT product purchases neared. We expect to see growth in sales for the remainder of the year. LG is committed to driving growth and continues to invest strongly in research and development. This investment is creating a platform for even greater success after the economy has recovered and will keep us at the forefront of the industry.