Word: lg
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...year contract, with international calling rates starting at $1.29 a minute in the most-developed countries. Samsung is using semiconductors from CDMA pioneer Qualcomm, which was the first to integrate the competing network technologies on one set of chips. Qualcomm has also licensed the dual chips to LG and Motorola, which plans to roll out its first global phone in the fourth quarter but has yet to announce a carrier...
...Testing & Research Institute for the Chemical Industry, Samsung's device kills 99.9% of bacteria and fungi. Kim says garments stay germ-free for up to a month after being laundered. The Ag+ Nano device went on sale in March 2003 (just ahead of other silver-nanotech appliances from competitors LG and Daewoo) and costs around $1,150. The revolutionary technology is also being used in Samsung's refrigerators and air conditioners...
...sponsorship strategy has yielded a few early successes. For the soccer team, the N.O.C.I. has inked two-year deals with LG Electronics, a South Korean company; Iraqna, a subsidiary of Egyptian conglomerate Orascom; and Bestseller, a Danish apparel company. Each contract is worth between $300,000 and $550,000. The N.O.C.I. has reached out to U.S. companies with less success. A delegation met with Nike and Motorola in April. "It was the pitch from hell," says Hayder al-Fekaiki, director of IraqiSport, a London-based start-up that the N.O.C.I. hired to help negotiate its sponsorship deals. He cited...
...growth has brought LG to the cusp of greatness, but not quite into the industry's aristocracy. Still missing is the global brand name crucial for commanding high premiums and outpacing low-cost manufacturers in China. It's an accomplishment hardly any Asian corporations have managed to achieve. "We've had success at the foothills," says Woo Nam Kyun, president of LG's digital-TV operation. "Now we have to climb the mountain." The climb LG has chosen is Mount U.S.A. This year LG is making its biggest thrust ever into the U.S. market, with a $100 million budget...
...seem odd that at this crucial time LG has turned over its top job to a farm boy from a tiny village in eastern South Korea. Kim Ssang Su spent his childhood knee-deep in the family's rice paddies. Kim has never worked outside Korea or, before becoming ceo, even at LG's glitzy Seoul headquarters, known locally as the Twin Towers. He had spent his entire career buried in LG's stuffy bureaucracy at the company's main appliance factory in the industrial city of Changwon. He admits to being more comfortable in the field visiting factory floors...