Word: maker
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...world's largest seller of mobile phones operating on the CDMA standard (a type of mobile-phone technology). It makes dazzling flat-screen televisions and other leading-edge gadgets. LG.Philips LCD, a joint venture formed in 1999 with Royal Philips Electronics, became the world's biggest maker of the LCD panels used in flat-screen TVs and monitors in 2003, with 22% of the global market. The unit's operating profit soared 307% last year, to $935 million...
...first crack at the U.S. market ended in disappointment. Beginning in the 1980s, LG sold cheap TVs under the brand Goldstar, after the company's former name, Lucky-Goldstar. In 1995, LG purchased American TV maker Zenith Electronics Corp. and began using that moniker on its products. But four years later, Zenith filed for bankruptcy, a victim of cutthroat competition. To avoid a repeat of that failure, LG was content until recently to supply other companies with appliances that sell in the U.S. under their own brands. Chances are, the average American may own an LG-made product...
China's biggest soft-drink maker is shipping its patriotic pop to America. This spring, Wahaha, based near Shanghai, exported its first batch of Future Cola--435,000 half-liter plastic bottles--to Los Angeles and New York City. The drink, known in China as Extreme Cola, was designed to provide a domestic alternative to market leaders Coca-Cola and Pepsi. "What they can do, the Chinese people can do as well," says Shan Qining, a Wahaha spokesman. (Never mind that French yogurtmaker Danone owns 51% of Wahaha.) But the homegrown alternative has yet to pose a challenge...
...seller of mobile phones operating on the CDMA standard, which allows more people to use a network at the same time. It makes dazzling flat-screen TVs and other leading-edge gadgets. LG.Philips LCD, a joint venture formed in 1999 with Royal Philips Electronics, became the world's biggest maker of the LCD panels used in flat-screen TVs and monitors in 2003, with 22% of the global market. The unit's operating profit soared 307% last year, to $935 million...
WILLIAM HAWKINS Medical Marketer Medtronic, a medical-device maker based in Minneapolis, Minn., saw net earnings rise 22.5%, to nearly $2 billion, in the past fiscal year, and that's great news for the company's new president and chief operating officer, William Hawkins, 50. Hawkins, an avid Duke University basketball fan, knows his competition; he has also worked for Eli Lilly, Guidant and Johnson & Johnson. The challenge for the biomedical engineer and former head of Medtronic's vascular business will be to keep the company hitting nothing but net. Next up on Hawkins' game plan: overseeing the launch...