LG Electronics Inc. was spun-off from LG Electronics Investment Ltd. on April 1, 2002. The Group was established October 1, 1958. The Company along with its subsidiaries is engaged in the manufacture and sale of electronic products including mobile phones, TV, air conditioners, refrigerators, washing machines and personal computers. The Company operates four business segments, namely Home Entertainment, Mobile Communications, Home Appliance and Air Conditioning and Energy Solution. Home Entertainment segment offers products such as LCD TV, PDP TV, Monitors, PCs, Security devices, Audio, Video and others. The Mobile Communications segment offers Mobile communications, Network and other services. The Home Appliance segment offers products such as Refrigerators, Washing machines, Microwaves, Vacuum cleaners and Healthcare products, among others. The Air Conditioning & Energy Solution segment offers Air conditioners and Chillers, among others.