LG Electronics

Description

LG Electronics (LGE) makes the products that have tech-savvy consumers chomping at the bit in the kitchen, in the media room, and elsewhere. Its 75 subsidiaries worldwide design and manufacture display and media products (TVs, VCRs, plasma display panels), home appliances (refrigerators, washing machines, microwaves, air conditioners), and telecommunications devices (wireless phones, handsets, switchboards). LGE owns Zenith Electronics and launched a joint venture with Philips Electronics (LP Displays). After Asia, LGE generates most of its revenue from sales in North America. LGE established a North American headquarters in 2004. Founded in 1958 as Goldstar, the firm is a member of South Korea's LG Group.

Verizon Communications

Description

Verizon is the second largest US telecommunications services provider (after AT&T). The company's wireline business provides local telephone, long-distance, and Internet access services to residential and small to midsized businesses in 28 states and Washington, DC. It has about 40 million voice access lines in operation and it serves about 8 million broadband Internet customers. Verizon Wireless, the company's joint venture with Vodafone Group which is known legally as Cellco Partnership, is the top US wireless provider (ahead of AT&T Mobility), with more than 80 million customers. Verizon Business provides communications and information technology (IT) services to global business and government clients.