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In 2006, LGE introduced the world’s first 60-inch single scan PDP module, the world’s highest performance LCD monitor, the world’s largest PDP TV at 102-inch, and the world’s first player for both Blu-ray and HD-DVD. It also launched the world’s first MP3 player with terrestrial DMB and the World Phone for 82 countries in 2006. The company incurred research and development cost of KRW1,669.6 billion($1.8 billion) in 2006.
Production of premium products
The company transformed itself from a maker of cheap home appliances and private label products to one of the world's leading premium electronics brands renowned for its cutting-edge technology...
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