Zenith Electronics Corporation · Lincolnshire, IL United States
Company Description
View Zenith Electronics Corporation Locations On A US Map
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This link will open in a new window Did Zenith hit its peak too early? The maker of many "firsts" -- first portable radio, first TV remote control, and others -- the former US manufacturer is now a wholly-owned subsidiary of South Korea's LG Electronics (LGE). (LGE purchased a majority share in the company in 1995 and the rest in 1999 following Zenith's fall into bankruptcy.) Founded in 1918, the company sold all of its manufacturing operations and now focuses on research and development efforts for parent LGE, which continues to sell Zenith brand LCD TVs, DVD players, home theater systems, and digital TV tuner converter boxes (all made overseas). Zenith's R&D facility specializes in the development of VSB and digital transmission technologies. To read the full description, subscribe now.
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Key Zenith Electronics Corporation Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 976 |
Zenith Electronics Corporation Executives
6 executives listed for Zenith Electronics Corporation's Lincolnshire, IL location.
| Title | Name & Bio | Contact |
| CEO | Myeong-Kyu Ahn | Network |
| President | B. B. Hwang | Network |
| CFO | Jong Park | Network |
Competition
Competitive Landscape for Zenith Electronics Corporation
Demand often depends on the income of consumers or the profitability of business customers, because many technology products and services are expensive. The profitability of individual companies is driven by their ability to develop and market new products. Large companies often have advantages in access to capital and marketing. Small companies can compete successfully if they have expertise in a particular field of knowledge. The industry is capital-intensive: average annual revenue per worker is nearly $300,000. To read the full description, subscribe now.Top Zenith Electronics Corporation Competitors
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