Geographic and Other Information

12 Months Ended

Dec. 31, 2022

17.

Geographic and Other Information

The following is a summary of the Group’s operation by region based on the location of customers for the years ended December 31, 2020, 2021 and 2022.

(a)

Revenue by geography


(In millions of won)
	2020		2021		2022(*)
Domestic	₩	912,049		632,531		678,246
Foreign
China		16,685,746		19,866,707		17,434,407
Asia (excluding China)		2,297,290		3,256,126		2,796,648
United States		2,070,944		3,263,055		3,078,924
Europe (excluding Poland)		1,215,345		1,159,669		988,566
Poland		1,080,187		1,699,955		1,387,946
	₩	23,349,512		29,245,512		25,686,491
	₩	24,261,561		29,878,043		26,364,737

Total revenue in 2022 excludes W212,956 million of forward exchange hedging loss which was reclassified from accumulated other comprehensive income to revenue when the sales from the hedged forecast transactions are recognized.

Sales to Company A and Company B amount to W11,731,702 million and W4,699,282 million, respectively, for the year ended December 31, 2022 (2020: W10,380,138 million and W4,252,696 million, 2021: W12,019,534 million and W5,924,262 million). The Group’s top ten end-brand customers together accounted for 86% of sales for the year ended December 31, 2022 (2020: 85%, 2021: 86%).

(b)

Non-current assets by geography


(In millions of won)
	December 31, 2021				December 31, 2022
	Property, plant and equipment		Intangible assets		Property, plant and equipment		Intangible assets
Domestic	₩	12,006,204		1,452,823		14,042,794		1,633,866
Foreign
China		6,393,129		83,655		4,302,527		53,388
Vietnam		2,146,652		19,954		2,590,438		20,315
Others		12,461		88,466		11,174		45,388
	₩	8,552,242		192,075		6,904,139		119,091
	₩	20,558,446		1,644,898		20,946,933		1,752,957

(c)

Revenue by product and services


(In millions of won)
	2020		2021		2022(*)
TV	₩	6,737,654		9,466,192		6,975,269
IT		10,120,668		12,458,740		11,197,954
Mobile and others		7,403,239		7,953,111		8,191,514
	₩	24,261,561		29,878,043		26,364,737

(*) Total revenue in 2022 excludes W212,956 million of forward exchange hedging loss which was reclassified from accumulated other comprehensive income to revenue when the sales from the hedged forecast transactions are recognized.