Yong Nam

Yong Nam

LG

Vice Chairman and CEO

 
6

Despite turbulent times, LG has pulled off a big performance in 2009.

Quietly sneaking up the ladder this year, LG’s shocked with its massive rise in profits despite the tumultuous times.

Surprisingly, it's been their mobile phone division which has boosted sales in the three months leading up to July of 2009, with the Arena handset adding to the 29.8 million devices sold within the quarter.

Speaking of mobile phones, there is of course the LG Watch Phone to consider - whilst it's not likely to sell too many units, it separates LG from the rest of the pack, who have opted to play it safe during the recession.

The Korean manufacturer, which is the world's third largest CE company after Samsung and Sony, also had a successful run with its LCD panels, which combine function and style to become an investment purchase.

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