MENU
Young W. Lee | Dávid Harangozó

We go by our slogan: LIFE’S GOOD - LG

D&T
March 14, 2011

“We go by our slogan ‘LIFE’S GOOD’ and we endeavor to provide our customers with the best products of smart technology in stylish design.” These words to Diplomacy and Trade by the new Managing Director (MD) of LG Electronics Magyar Ltd., Young W. Lee, well describe the mission of the Budapest-based company.

 

LG Electronics has been present in Hungary since 1992 with this subsidiary company that currently has regional authority for nine countries: Albania, Bosnia, Bulgaria, Croatia,Hungary, Kosovo, Macedonia, Montenegro and Serbia. “LG has had successful business here since and the Korean company came to love this country,” the MD adds.

“We are also engaged in constant innovation to make the customer more satisfied and give them better life quality.” The subsidiary company, he says, is to provide the best available products for all those consumers in these countries, “who are not ready to compromise style over functionality, and who need solutions to their needs instead of a simple electronic tool.”

 

In the region, the company is engaged in the distribution of products made by LGE worldwide and providing customer service for them. The product categories include home entertainment and home appliances, mobile phones, business solutions and air conditioning. “Basically, we are providing everything people may need in their everyday lives,” Young W. Lee points out.

 

The most popular products are flat-screen TVs and computer monitors where LGE is one of the top players on the market and “we are improving our position in the mobile phone business, as well. We also expand in other areas such as energy and lighting. Customers inHungary are very eager to get products of better and better quality. We are trying to respond to their needs by launching new products and provide better service.”

“We have close to 200 LG family members working for our subsidiary who are dealing with the sales and marketing tasks as well as carrying out the supporting functions to help the daily business conduct of the company,” he adds.

Regarding the world economic crisis, the MD says its impact on LG sales varied by the region. The European market suffered some difficulties but “now, the world economy is improving, we are ready to recover and jump up again. We are expanding our activities inHungary as well as globally.”

LG Electronics also endeavors to make sure the manufacturing process of its products is as 'green' as possible. “Production at LGE has been eco-friendly for many years now, eliminating from products any substances that could be hazardous to the health or the environment and the attention towards our environment is very much on top of our priority list,” the managing director stresses.

In 2009, LG announced the worldwide ‘Life’s Good When it’s Green’ program focusing on sustainability through Eco-Design and Eco-Products, reduction of hazardous materials, responsible electronics recycling and addressing global climate change. “We have issued a Green Report, which communicates all the commitments and results on this field,” he adds.

As a major world corporation, LG Electronics assumes social responsibility and is involved in the sponsorship of major events. Internationally, LG has great projects with respect to famine and disease alleviation in the developing countries of the world.

“We have a great sponsorship asset, Formula One, which we globally sponsor and locally activate. Formula One’s world has so many commonalities with LG that it was a logical decision to join them. Just to mention the most important one: we both share the passion for stylish technology that excites human emotion around the world. Last year, we had a very comprehensive F1 exhibition in Hungary, where we exhibited a F1 car collection worth GBP 2 million, on display in this part of the world for the first time. We had great success with this activation program,” Young W. Lee points out.

The managing director is new to Hungary, having arrived in December 2010. Previously, he was in charge of the product management section at LGE’s mobile communication division in Korea. “I like Hungary very much. First of all, people are great. They are kind, polite and – as I see it – they have a passion for growth. They have the pride that I think is the source of everything.”

As for Hungarian food, he got to like goose liver and palinka, the traditional Hungarian fruit brandy. “Actually, I find Hungarian and Korean food very similar, especially in spiciness,” he says. YoungW. Lee expects to stay here four years, according to company policy, and during this period, he “would like to call for our customers to expect more from LG and we are ready to provide the added value they want from us.”

 

D&T

No comment yet. Be the first!

Leave a Reply

Your email address will not be published. Required fields are marked *

six − 3 =

  • Top 5 Articles


  • Articles by Date

  • Hashtags

    #Abel Prize #Academy #Academy Awards #Accenture #Accident #acquisition #Adrian Ellis #Adriana Gonzalez #Advanced Power AG #Adventure #Advertising #Advertorial #Aerospace industry #Afghanistan #Africa #Agency #Agrarian industry #Agreement #Agricultural machinery #agriculture #Ahna Capri #air cargo #Air traffic #Air transport #air travel #Airbus Helicopters Hungary Ltd. #Airline industry #Airplane Gizi #airport cargo #Albania #Alberto Vercelli #Aldi #Alexander Tolkach #Aliza Bin-Noun #Allison Transmission Ltd. #ALTEO Plc. #Ambassador David B. Cornstein #Ambassador David Nájera #Ambassador Kumar Tuhin #Ambassador Kyoo Sik Choe #Ambassador Massimo Rustico #Ambassador of India #Ambassador of Malaysia #Ambassador of the Republic of Korea to Hungary #Ambassadors #Ambassadors in Budapest #AmCham #American Airlines #American football #Amos Oz #Andersen Consulting #András Simor #Andrea Jádi #Andrew G. Vajna #Angela Merkel #Angola #Animal husbandry #Animals #Ankita Sood #Anna Nánási #Anna Olasz #anniversary #Annual report #Antal Dreher #Antal Rogán #Antal Vöneki #Anthony Nolan foundation #Antro Moveo #ANY Security Printing Company Plc. #Appeninn Asset Management Holding Plc. #Apple Design Awards #Ararat #archeological excavations #Archeology #Ariston Thermo Group #Armenia #Arms trade #Arraiolos Group #Arrow Architects #art gallery #Art Hall #Art treasure #ASEAN #Asset management #Association of Immortal Hungarian Athletes #Association of Innovative Pharmaceutical Manufacturers #aston martin #Astronomy #Athlete of the Nation #Attila Grandpierre #Attila Mesterházy #Auchan Hungary #Audi #Audi Hungaria #August 20th #August 20th national holiday #Australia #Austria #Automobile industry #Automobile sales #automobile trade #automotive #Automotive industry #Automotive sector #AutoWallis #AutoWallis Group #Avatar #Aviation industry #Award #Azerbaijan
    #bag tag #bakery #Balassagyarmat #Balaton #Bálint gazda (Master Bálint) #Ballet company of Gyõr #Bálna event center #Baltic Sea Festival #Baltic states #Ban Ki-moon #Ban on hospital visits #Bank for International Settlements #bank loan #Bank of China #Bank transfer #Banking #Banking sector #Banking system #banknotes #Barack Obama #BASF #basketball #battery production #Battle of Mohács #Bayern Munich #BBC #Beer #Béla Bartók #Belgium #Bell Food Group #Benelux #Best of Budapest and Hungary #BHS Trans Limited #bicycle #Bicycle path #bilateral agreement #Bilateral relations #Bio ethanol #Biotechnology #Bisnode Hungary #Bisserka Benisheva #BKV #Black Ribbon Day #Blood donation #BMW #BMW cars #BMW Group #Boglárka Kapás #Bond issue #bond market #book festival #book review #Border control #border crossing #BorderLINE Architecture #Bozsik Stadium #brandy #Brazil #Brazilian Development Bank (BNDES) #Breast cancer #Breeding #Brexit #British Ambassador #British Chamber of Commerce in Hungary #British Council #British Telecom #Broadband internet #Bronislaw Komorowski #Buda Castle #Buda Hills #Budakalász #Budapest #Budapest Airport #Budapest Airport Co. Ltd. #Budapest Chamber of Commerce and Industry (BKIK) #Budapest City Branding Nonprofit Ltd. (BVA) #Budapest Dessert competition #Budapest Eurogames 2012 #Budapest Festival Orchestra #Budapest film #Budapest Fire Service #Budapest ghetto #Budapest Highland Golf Club #Budapest hospitals #Budapest Jewish Community (BZSH) #Budapest Marathon #Budapest Mayor Gergely Karácsony #Budapest Millennium Underground #Budapest Municipality #Budapest ONE office building #Budapest Opera Ball #Budapest sights #Budapest Sports Office #Budapest Stock Exchange #Budapest Strings Chamber Orchestra #Budapest Week Publishing #Budapest Wine Festival #Budapest Zoo #Budapest Zoo and Botanical Garden #Buddhism #budget #Budget policy #Building supplies #Bulgaria #Bundesliga (Austria) #burglary #Buses #business #Business club #business costs #Business Council for Sustainable Development in Hungary (BCSDH) #Business Council for Sustainable Development in Hungary’s (BCSDH) #Business environment #Business promotion #Business services #Businesspeople #Busójárás #Butterfly Garden
    #cable car #campaign financing #Canada #Canadian Chamber of Commerce in Hungary #cancellation #Cancún Climate Summit #Canoe #capacity increase #Capital Circus of Budapest #car market #car racing #car rental #car sales #car sharing service #Car trade #carbon neutrality #Card payments #Carl Bildt #Carl Lutz #Carnival season #cars #Cartel #Cash #Cash payment #CEE region #Celldömölk #Census #Center for Budapest Transport (BKK) #Center of Excellence #Central Bank #Central Europe #Central European Initiative #Central European Press and Media Foundation (Kesma) #Central European University #Central European University (CEU) #Central Statistical Office #Ceremony #CERN #Cervantes Institute #Cetelem Bank #Chamber #Chamber of commerce #Champagne #Chang Sun Dong #Charbel Stephan #Charity #Chemical Industry #Chemistry #chess #Chief Medical Officer Cecíla Müller #Chief Medical Officer Cecília Müller #China #Christian Mühlethaler #Christmas #chronic patient #Chung-ha Suh #CIG Pannonia Life Insurance Plc. #cigarettes #cinema culture #Citibank #City diplomacy #Civil engineering #Civil Movement #CLA 250 e Coupé #CLA 250 e Shooting Brake #climate change #CMS Cameron McKenna #cobot #Code of Civil Procedure #Collector coins #Colleen Bell #Colliers International #Colorful City Group #columbia #Commemoration #Commemorative coin #Commerce #Commercial accommodation #Commercial Award of Excellence for Hungarian Products #Communications #Competition #Competitiveness #Concert #Conference #Conscious Consumption #Constitution #Constitutional Court #Construction #Construction industry #Consuls #Consultancy #consumer confidence index #Consumer prices #Contactless payments #contemporary art #contest #Convention tourism #Convertiplane #COP26 #Cordia #Corinthia Hotel Budapest #coronavirus #Coronavirus epidemic #Coronavirus test #Corporate issues #corporate merger #Corporate real estate #Corporate social responsibility (CSR) #Corruption #Count Andrássy Picnic #countryside #Courts #Covid-19 coronavirus #Covid-19 pandemic #Crime #crisis #Crisis management #Croatia #cronyism #Csodalámpa (Magic Lamp) Foundation #Csopak #cultural festival #cultural institute #Cultural Interview #Culture #currency #Customer service #customs service
    #D.C. #DAB+ #Dag Hartelius #Daikin #daily death toll #Dalai Lama #Dániel Gyurta #Danube #Danube Bend #Danube cruise #Darfur region #David Cornstein #Death #Debrecen #Debrecen Carnival of Flower #Debt #decision-making #Defense #defense industry #Deloitte #Deloitte Digital Hungary #Deloitte Hungary #Deloitte Technology Fast 500 EMEA list #Delta Group #Democracy #Democrats Abroad-Hungary #Demonstration #Denmark #Denso Manufacturing Hungary #dental tourism #Deputy CEO of the Hungarian Tourism Agency (MTÜ) #Derks Wilhelmus Jose­phus #Deutsche Telekom #Deutsche Telekom IT and Telecommunications Hungary #Deutscher Wirtschaftsclub – DWC #Development program #Digital banking #digital channels #digital classroom #Digital education #Digital work schedule #Digitalization #Dimitris Yannakakis #dinosaurs #Diósgyőr Castle #Diplomacy #Diplomacy and Trade Business Club ('The Club') #Diplomatic Spouses of Budapest #Disability Caucus #Disadvantaged people #Disaster #Disaster Management #Disaster management legislation #disinfectant #Dividend payments #Domestic issues #Domestic tourism #Dominik Szoboszlai #donation #Dr. Andrea Jádi Németh #Dr. György Kárpáti #Dr. István Béres #Dr. János Szlávik #Dr. László Szabó #Dreher Beer Museum #Dreher Breweries #Drugs #DT April 2009 #DT April 2010 #DT April 2011 #DT Business & Culture Club #DT December 2009 #DT February 2009 #DT February 2012 #DT January 2011 #DT January-February 2013 #DT July-August 2011 #DT June 2009 #DT June 2011 #DT March 2011 #DT May 2010 #DT May 2011 #DT November 2010 #DT October 2008 #DT October-November 2011 #DT September 2009 #Dual education #Duna Elektronika #Duna House #Dyntell Hungary Ltd.
    #e-mobility #E.ON #East Central Europe #Easter #EBITDA #ECOFIN #Economic forecast #economic reform #Economic relations #Economic sentiment index #Economy #Edit Herczog #Education #Eger #Egyházasrádóc #Egypt #Eisberg #EIT Health #Elderly home #Elections #Elections in Hungary #Electric charger #Electric vehicle battery #Electric vehicles #Electricity #electricity industry #Electro-mobility #Electrolux #Electronic industry #Electronic payment #Electronic Payment Service Providers’ Association (EFISZ) #Electronic Payment Strategy (EPS) #Electronics industry #Eleni Tsakopoulos-Kounalakis #ELTE #EMEA region #Emergency #Emigration #Emmy Awards #Employees’ rights #Employment #Enda Kenny #Endre Szemerédi #Energy industry #energy policy #Energy production #energy security #Energy supply #Engineering #Enikõ Gyõri #Enikő Mihalik #Enrique Pastor de Gana #Environment #environment protection #Eörs Szathmáry #epidemic #Epidemiological preparedness #epidemiological restrictions #Equestrian event #Equifest #Ernõ Rubik #Erste Bank #Ervin Zádor #Esther Horvath #Eszter Cseke and Andras S. Takacs #Esztergom #Ethanol #EU #EU affairs #EU cooperation #EU funding #EU funds #EU General Court #EU loan #EU Presidency #EU supported projects #EuCham - European Camber #Eucham European Chamber #Euro (EUR) #Europe Day #European Automobile Manufacturers Association (ACEA) #European Capital of Culture #European Central Bank (ECB) #European Championships #European Climate Bank #European Commission #European Court of Justice #European Court of Justice (ECJ) #European Day of Parks #European Football Championship #European Green Deal #European Institute of Innovation and Technology (EIT) #European Molecular Biology Organization (EMBO) #European Parliament #European Super Cup #European Union #European Year of Volunteering #Eurowings #evacuation #Event industry #Exchange rate #Exhibition #Exhibition site #Export promotion #Exports #Exposition #External Action Service of the European Union #External trade
    #H-UNCOVER #Hableány (‘Mermaid’) river cruise ship #Hackathon #Haiti #Half-year report #Hamad International Airport #handball #Hankook #Használtautó.hu #Health #healthcare #Healthcare workers #Heat record #Heavy industry #Heim Pál National Pediatric Institute #Heineken #HEINEKEN Hungária #Hell Energy Hungary Plc. #Henkel #Herbert Fisch #Herman Van Rompuy #Hidden Power #highway #Hillary Clinton #History #Hódmezővásárhely #Holiday season #Hollywood #Holocaust #Home office #Home quarantine #Homokhátság #Honorary consul #Honorary consuls #hops #Horizon Development #Hörmann Hungária #Horse polo #horticulturist #Hortobágy Bridge Fair #Hortobágy National Park #hospital #Hospitality #Hospitality business #Hospitals #Hotel boats #hotelier #hotels #House concert #Household products #Housing #Housing market #Hoventa #HR Services #huawei #Human rights #Hungarian Academy of Sciences #Hungarian Academy of Sciences (MTA) #Hungarian Ambassador to the U.S. #Hungarian Banking Association #Hungarian Chamber of Health Care Professionals (MESZK) #Hungarian Competition Authority #Hungarian cultural season #Hungarian Democratic Forum (MDF) #Hungarian diplomats #Hungarian economy #Hungarian EU Presidency #Hungarian European Business Council (HEBC) #Hungarian F-1 Grand Prix #Hungarian Film Week #Hungarian Foreign Ministry #Hungarian Foreign Ministry (Ministry of Foreign Affairs and Trade) #Hungarian forint (HUF) #Hungarian GDP #Hungarian gov't vs. EU #Hungarian government #Hungarian Holocaust #Hungarian Independent Trans­mission Operator Company Ltd. (MAVIR) #Hungarian industry #Hungarian Interchurch Aid #Hungarian inventors #Hungarian Investment and Trade Agency (HITA) #Hungarian Investment Promotion Agency (HIPA) #Hungarian Labor Code #Hungarian language #Hungarian League Against Cancer #Hungarian Maltese Charity Service #Hungarian Medical Chamber #Hungarian Meteorological Service (OMSZ) #Hungarian military #Hungarian Ministry of Finance #Hungarian Ministry of Foreign Affairs and Trade (KKM) #Hungarian Museum of Science #Hungarian Museum of Science Technology and Transport #Hungarian National Asset Management Inc. (MNV) #Hungarian National Blood Transfusion Service (OVSZ) #Hungarian National Gallery #Hungarian National Museum #Hungarian Olympic Committee (HOC) #Hungarian Open Air Museum #Hungarian Parliament #Hungarian Polo Club #Hungarian President János Áder #Hungarian Press Photo Exhibition #Hungarian Red Cross #Hungarian society #Hungarian Tourism Agency (MTÜ) #Hungarian-born #Hungarians abroad #Hungaricum #HungaroControl #Hungaroring #Hungary #Hungary tourism #Hungexpo #hybrid car #Hygiene #hygienic safety #Hyundai
    #Machinery industry #Madagascar #Mads Sandau-Jensen #Magyar Rádió (Hungarian Radio) #Magyar Suzuki #Magyar Telecom #Magyar Telekom #Magyarföld #Mahart Passnave #Malay Mishra #Malév Hungarian airlines #Mandatory quarantine #Manfred Bey #marathon run #Maria Assunta Accili Sabbatini #Marketing #Markku Virri #Martin Gauss #Márton Fucsovics #mask-wearing #MASTERPLAST #Mateco-Hungary Ltd. #Matei I. Hoffmann #Mátra Hill #Matriculation exam #Matterhorn #MÁV Hungarian Railways #Maximilian Hell #Media #Media law #Mediaworks #Medical industry #Mellow Mood Hotels #Memorial walk #Mercedes #Mercedes Benz #merkel #Messer #Mexican Embassy in Budapest #Mexico #MFGK Croatia d.o.o. #Michael Ignatieff #Midsummer night #Migration #Mihály Kolodko #Mihály Munkácsy #Mihály Varga #Miklós Radnóti #Mikulás Dzurinda #Military #Millennium generation #Minister of Agriculture István Nagy #Minister of Defense #Minister of Foreign Affairs and Trade #Minister of Human Capacities #Ministry of Human Capacities (EMMI) #Ministry of National Development #Ministry of National Economy #Ministry of the Interior #Minorities #Miroslav Lajèák #Miskolc #Miskolc rally #missiles sales #Mitt Romney #Mobile base station #mobile broadband #Mohács #MOL #MOL Group #MOL Hygi #Monetary policy #Monostor Bridge #Monterrey #Moody's #Móric Benyovszky #Mortgage #Motion picture #motoGP #Motorcycle #Motorway #Mountaineering #Movement restrictions #Municipal elections #Municipality #mural #museum #Museum of Fine Arts #Music #Music in the Forest - Mátra Art Days #MVM Group
    #São Tomé and Príncipe #Sali Berisha #Sameer Hamdan #Samsung #Samsung SDI #Samyang Biopharm #Sándor Csányi #Sándor Demján #Sándor Képíró #Sándor Kiss #Sándor Kőrösi Csoma #Sándor Pintér #Sang Il Lee #Saudi Arabia #Scandal #Scholarship #School year #Schools #Science #scuba diving #second-hand car sales #security issues #Semmelweis University #Semmelweis University of Budapest #Sérgio Eduardo Moreira Lima #Service center #Service sector #sewage water #Shanghai #Shanghai World Expo 2010 #Shapr 3D #Shell #shopping #short film #shortage #show jumping #Siemens #Sika #Singapore #Singapore Airlines #Siófok #Skanska #Skanska Hungary #Slovakia #Slovenia #Slovenian Tourism Organization (STO) #Sludge #Smartphone application #SME Robotization Barometer #SMEs #Smoke-free future #Soccer #Social(i)Makers #Society #Society for Freedoms #Solar energy #Solar panels #Solidarity Club #Son of Saul #South Africa #Soviet Union #Space research #Spain #Spanish language #SPAR #Spar Hungary #special taxes #Sponsorship #Sports #Sports club #Stadler #Stalinism #Start-ups #State Auditing Office #State of danger #State of emergency #State of the Nation #Statistical data #Statue #Stefan Pop #stepdance #Stock exchange #Stockholm #Sudan #Suh Chung-ha #SUHANJ! Foundation #Sumatran orangutan #Summer Olympic Games #SunDell Estate Plc. #Sunshine Garage #Supercharge Ltd. #Superfast Internet Program #Supermarket chain #Suppliers #Suriname #survey #Sustainability #Sweden #Sweet Days Budapest #Swimming #Swiss Embassy - Budapest #Swisscham Hungary #Switzerland #Symbol #Syria #Szabolcs Takács #Szamos Marzipan #Szeged #Szeged Open-Air Festival #Szeged wholesale market #Szentendre #Szerencsejáték Plc. #Sziget #Szusza Ferenc Stadium
  • © Copyright 2020 Duax Kft. –  All rights reserved.
    searchenvelope-oalign-justifytwitterfacebookfeedinstagrammoon-osunearth