LG'S ADVANCED VIDEO CONFERENCE SYSTEM SETS NEW BENCHMARK IN INDUSTRY

LG’S ADVANCED VIDEO CONFERENCE SYSTEM SETS NEW BENCHMARK IN INDUSTRY

Designed to Maximize Communications Efficiency, LG Offers

High Quality H.264 Video Compression and Smart Web-based Recording

SEOUL, June 4, 2013 ㅡ LG Electronics (LG) today announced the launch of its new VR5010H video conference system (VCS), providing businesses with an exceptional audio-visual communications tool that supports advanced H.264 High Profile video codec and outstanding QoS (Quality of Service) technology. The VR5010H is also compatible with VCS solutions from other manufacturers and upgradable to 4-way multi codec.

Audio-visual conferencing devices are becoming more and more commonplace in the business world as companies look to trim non-essential business travel and technology gets better and more affordable. The global VCS market, worth an estimated USD 2.6 billion annually, is dominated by two U.S. companies. Together, these two Silicon Valley companies account for more than 69 percent of all VCS devices sold.

“LG offers a comprehensive lineup of world-class video conference systems for all types of corporate customers,” said Seog-ho Ro, senior vice president of LG Electronics. “Capable of meeting a wide variety of enterprise needs, our VCS products will incorporate LG’s cutting edge audio-visual transmission technologies for highly stable transmission in any conditions as well as being easy-to-use.”

LG’s VCS incorporates standard based FEC (Forward Error Correction) technology which optimizes performance on top of dynamic bandwidth adaptation technology by compensating for packet loss to ensure better audio and video quality and smoother data transmission regardless of network conditions. LG’s VR5010H can provide seamless high-definition picture quality by adopting H.264 High Profile video codec, which means almost half the network bandwidth is required by conventional VCS products’ H.264 Baseline Profile for HD transmission.

With the VR5010H, LG is introducing a number of important features and functions as standards to make video conferencing as convenient to use as possible. Dual Streaming offers greater efficiency by allowing conference participants to see each other while sending and viewing files at the same time. Dual Display technology enables the VR5010H to show content across two separate screens for professional usage. And the device’s web-based recording function eliminates the hassle of having to connect and configure additional equipment, enabling monitoring and reviewing the conference with no additional charge.

The VR5010H also comes with a universal remote so users can adjust the settings on the connected display¹in addition to being able to control the angle and direction of the camera unit. And with quick automatic focus and 7x zooming camera, low lens distortion and support for HD (1280 x 720p) screen resolution, LG’s new VCS is set to impress with amazingly crisp image quality even in the low light environments. What’s more, with enhanced noise cancelling technology, conference participants will be able concentrate on each other, not on background distractions.

LG’s 4-way multi codec model, V5500, was introduced in June of last year. LG’s VCS lineup will be available in select countries including the United States, China, Russia,and India among other markets, starting this week. To complement the VR5010H, LG will introduce a Full HD version, model name VR5500F, next month as well.

¹The universal remote feature is only compatible with LG TVs.

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LG SMART TV APP HELPS ASPIRING GOLFERS PLAY LIKE PROS

LG’s “World’s Greatest Teachers” Golf App Offers

Exclusive Lessons from Top Professional Instructors

SEOUL, May 31, 2013 ㅡ LG Electronics (LG) today announced the availability of World’s Greatest Teachers, a fun and educational golfing app featuring the best golf instructors in the history of the sport. Available exclusively on LG CINEMA 3D Smart TVs, the app boasts a comprehensive set of tutorials designed to help golfers of all levels improve their game.

“World’s Great Teachers is an excellent addition to family-friendly range of content for LG Smart TV owners,” said Sung-mok Moon, director of Content Business Division of LG Electronics’ Smart Business Center. “More than a game, this app is a great example of how LG Smart TVs can actively engage viewers as a teaching tool, beyond just a viewing experience.”

Thanks to LG’s exclusive World’s Greatest Teachers app, golfers don’t need to worry about bad weather conditions or making a reservation at the club. The app includes 350 lessons from 25 of the world’s most renowned golf teachers, including Gold Digest’s number one instructor in the world, David Leadbetter, and LPGA legend Annika Sörenstam. The lessons are searchable by club-type, golfing ability or scenario,making it easy for users to target specific skills such as teeing off, putting or bunker play.

Via an update arriving this fall, World’s Greatest Teachers will also offer a camera mirroring function, allowing users to review their own golf swing and stance on screen. Employing the built-in camera[1] on LG’s premium Smart TVs, this feature will make it possible for players to visually compare their form with that of elite professional golf instructors. A fun and helpful training tool, World’s Greatest Teachers is a great way to stay active.

World’s Great Teachers is available now in Australia and Singapore as part of a premium content package. The app will be available via LG Game World in key markets such as the United States, Canada and Germany as well as other countries in North and South America, Europe and Asia starting in June.

[1] Built-in camera is exclusive to high-end LG Smart TV models.

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LG OPTIMUS G PRO ARRIVES IN ASIA

A promo shot of the LG Optimus G Pro’s display with a vibrant and colorful butterfly background.

Fully Packed with Advanced UX and Features, LG’s Biggest Smartphone

Offers Asian Consumers Differentiated Smartphone Experience

SEOUL, May 30, 2013 — LG Electronics (LG) is demonstrating its commitment to the premium smartphone market in Asia with the introduction of its flagship smartphone, Optimus G Pro, in the rest of the region. Originally introduced in its home market of Korea earlier this year, the 5.5-inch display Android device is being rolled-out in the rest of the region starting on May 30. The smartphone will debut in Hong Kong in June followed by other Asian markets including Taiwan, Singapore, Thailand, India, Indonesia, Philippine, Vietnam and Malaysia throughout the month.

“LG’s Optimus G Pro sets a new benchmark in the over 5-inch display smartphone category which is catching on with consumers everywhere who aren’t interested in owning both a phone and a tablet,” said Dr. Jong-seok Park, president and CEO of LG Electronics Mobile Communications Company. “Asian customers are leading many of today’s technology trends and we’re confident Optimus G Pro will find a large following in this region.”

The Optimus G Pro is equipped with the swift Qualcomm Snapdragon 600 processor, which features a 1.7GHz Quad-Core CPU and Adreno 320 GPU. Combined with other industry-leading features such as a long-lasting 3,140mAh battery and 2GB RAM, LG’s Optimus G Pro is one of the most advanced smartphones currently on the market today. With its expansive 5.5-inch 1080p Full HD IPS display delivering a resolution of 1920×1080 pixels at 400ppi, the Optimus G Pro provides razor sharp images and wide viewing angles as well as a comfortable in-hand experience and great “pocketability.”

Backed by powerful hardware features, the Optimus G Pro also comes packed with differentiated UX features, such as:

• Dual Camera and Dual Recording: The Dual Camera and Dual Recording functions allow users to capture pictures or videos with both the front and rear cameras simultaneously for a unique picture-in-picture experience;
• VR Panorama: The VR Panorama allows shots of entire horizontal and vertical environments for a full 360°view;
• Pause and Resume Recording: The Pause and Resume Recording feature allows for the recording of short snippets of video which can then be viewed as one continuous file.
• Smart Video: Smart Video recognizes the position of the viewer’s eyes and automatically plays or stops the video without any manual input from the user.

Key Specifications:

• Operating System: Android Jelly Bean 4.1.2
• Processor: 1.7GHz Quad-Core Qualcomm^®Snapdragon™ 600 Processor
• Display: 5.5-inch Full HD (1920 x 1080 pixels / 400ppi)
• Memory: 16GB / microSD (up to 64GB)
• RAM: 2GB DDR
• Camera: Rear 13.0MP / Front 2.1MP
• Battery: 3,140mAh (removable)
• Size: 150.2 x 76.1 x 9.4mm
• Colors: Indigo Black, Lunar White

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LG ANNOUNCES POPULAR GAMES FOR CINEMA 3D SMART TV

Providing Interactive Entertainment for All Ages, LG Introduces

Four New and Exciting Game Titles to Its Smart TV Platform

Game World presented on the LG CINEMA 3D SMART TV with a hand using the LG Magic Remote.

SEOUL, May 29, 2013 ㅡ LG Electronics (LG) today announced the addition of four fun titles to Game World, the company’s comprehensive Smart TV game store. The family-friendly selection includes Where‘s My Water?, Catapult King, Mini Motor Racing and Air Attack. Optimized for LG’s CINEMA 3D Smart TVs, each game is playable using the versatile and gesture-sensing Magic Remote. FPR 3D technology and the Dual Play feature further add to the truly magical experience of gaming on LG’s Smart TV platform.

“These new titles are part of our commitment to offering LG Smart TV owners the most diverse range of entertainment possible and engage users in new and exciting ways,” said Richard Choi, senior vice president of the Smart Business Center at LG Electronics. “The games look fantastic thanks to the larger screen sizes and exceptional picture quality provided by our CINEMA 3D Smart TVs and the intuitive Magic Remote makes it easy for players of all ages to enjoy an action-packed gaming experience.”

Where’s My Water?

Recognized as the “Game of the Year” by Pocket Gamer and PhoneArena, Disney’s Where’s My Water? has been downloaded over 120 million times, reaching number one on mobile game charts in 90 countries. Swampy, the game’s main character, has taken well over two billion showers since Where’s My Water? first launched for mobile devices in 2011. Available now on 2012 LG Smart TV models, end of May on 2013 models.

Catapult King

In Catapult King, the player operates a virtual catapult that can be controlled using the gesture function of the Magic Remote. In this physics-based game, players must knock down enemy soldiers in a bid to rescue a captive princess. With more than 60 expertly designed levels, Catapult King is a challenging yet rewarding game that’s sure to amuse and delight CINEMA 3D Smart TV owners. Available early June.

Mini Motor Racing

Mini Motor Racing is a fun auto racing game that lets players hit the gas as they speed their way around more than 40 unique tracks. Developed by The Binary Mill and powered by Unity’s advanced graphics engine, this thrilling game supports LG’s immersive 3D and Dual Play features. Dual Play uses LG’s FPR 3D technology to enable each player to simultaneously view a different, full-screen image eliminating the need for split-screens when players go head-to-head. Available end of May.

Air Attack

Produced by Art in Games, the award-winning Air Attack allows gamers to participate in a number of daring air raids as they take on the role of an ace military pilot. Using the motion-sensitive Magic Remote, players can out-maneuver and out-gun the enemy in both 2D and 3D. This tactical aviation shooter has stunning graphics and a fantastic sound track, keeping adrenaline levels high throughout eight thrilling missions. Available now.

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LG INTRODUCES NEW NEXUS 4 WHITE

Same Popular Smartphone, Different Color

SEOUL, May 28, 2013 ㅡ LG Electronics (LG) today announced the launch of Nexus 4 White, the newest edition of the popular smartphone developed in collaboration with Google. Nexus 4 White features the same stellar Android™ experience as the original Nexus 4, combining LG’s sophisticated hardware design and popular Google Services such as Google Now and Photosphere for an outstanding overall user experience.

“Nexus 4 set the standard for Android 4.2 Jelly Bean smartphones,” said Dr. Jong-seok Park, president and CEO of LG Mobile Communications Company. “Nexus 4 White delivers the same Google experience to consumers in a stylish and attractive color option.”

Nexus 4 White comes with the superb 4.7-inch 1280-by-768 True HD IPS Plus display (320ppi) supported by Zerogap Touch technology. At its heart is the high performing Qualcomm Snapdragon™ S4 Pro processor and 2GB of RAM.

Starting in Hong Kong on May 29, Nexus 4 White will roll out globally in select markets in Asia, North America, Europe and the Middle East over the next several weeks.

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LG TO UPDATE GOOGLE TV WITH LATEST ANDROID 4.2.2 JELLY BEAN OS

With Support for the Android NDK, LG Smart TV with Google TV

Will Provide Access to Larger, More Diverse Selection of Apps and Games

SEOUL, May 16, 2013 — LG Electronics (LG) today announced that its Google TVs will be updated with the latest version of the Android 4.2.2 Jelly Bean operating system. Available in the third quarter, the update will enable customers to enjoy more applications, including games that provide a greater level of interactivity and advanced graphics. LG is showcasing its Google TV with the new operating system at the Google I/O developer conference in San Francisco this week.

In addition to boosting overall performance, the latest Jelly Bean update supports the Android Native Development Kit (NDK) so Google TV owners can have the widest, most diverse selection of apps to choose from. Smartphone apps designed using the NDK will run on Google TV with little to no modifications. With NDK compatibility, users can now play more games on a bigger LG Google TV screen. This level of compatibility makes it easier for developers to enter the burgeoning Smart TV app market.

“LG’s Google TV with the latest Jelly Bean operating system and NDK support will deliver an enhanced user experience and access to more great apps,” said Havis Kwon, president and CEO of the LG Home Entertainment Company. “In addition to enabling users to enjoy advanced Android apps, the latest OS will also provide developers with new opportunities in the Smart TV arena.”

Users will also benefit from LG’s exceptional remote control options, which will make it easier to interact with the vast amount of content available on LG Google TV. In addition to the intuitive functionality of its Magic Remote Qwerty, LG will introduce a free remote control app that can turn any Android smartphone or tablet into a two-handed, touch-sensitive game controller. LG’s new controller app is the ideal control solution for the large number of interactive games set to arrive on the upgraded Google TV platform as it provides a level of control necessary to play more complex games such as football and racing simulations.

The latest update will also include LG’s patented 3D Game Changer, bringing a dimension to interactive games never seen before. 3D Game Changer produces a fully immersive effect by displaying 2D games in enhanced 3D mode, for an effect previously available only in movies filmed with 3D equipment.

Android 4.2.2 Jelly Bean will be available asan over-the-air (OTA) download for existing LG Google TVs in the United States starting in the third quarter. For a video demonstration of LG Google TV with Android 4.2.2 Jelly Bean, please go to www.youtube.com/watch?v=R-WxHVwodpA.

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LG COMMERCIALIZES FIRST SMARTPHONE WITH PRIVACY AND BUSINESS VIRTUALIZATION TECHNOLOGY IN U.S.

Three Optimus Vu:s showing different screens – two of them are held by models and the other one is displayed on a table.

Strategic Venture with VMware and Verizon Wireless Enables

Secure Virtual Mobile Experience on LG’s Optimus Vu:

SEOUL, May 15, 2013 ㅡ LG Electronics (LG) announced that its Optimus Vu: — known as Intuition in the United States — is the first commercialized smartphone in the U.S. on the Verizon Wireless Network to offer Privacy and Business (P&B) Virtualization. P&B Virtualization essentially divides the smartphone’s operating system in half — creating a secure, IT-controlled environment for business applications, while leaving the end user’s personal data and applications unchanged. The LG Optimus Vu: is the first of a new breed of enterprise-ready smartphones that offer the convenience of this secure, virtual work platform along with all the benefits of LG’s exceptional mobile technologies and user-friendly UX features.

The Optimus Vu: is the result of LG’s successful strategic venture with VMware, the global leader in virtualization and cloud infrastructure, and Verizon Wireless, the largest mobile network operator in the United States. This newest device follows in the footsteps of another collaborative effort, the LG Revolution for VMware^®Horizon Mobile™. Winner of the coveted International CES Innovations Design and Engineering Award in 2012, the device featured VMware Horizon Mobile and gave users an exciting sample of the virtual mobile experience.

Many of today’s businesses implement a bring-your-own-device (BYOD) policy when it comes to mobile phones in the workplace. But having work information and applications on a personal device can represent a security risk, and also can make it challenging for the user to keep personal and business-related matters separate. LG’s mobile device with P&B Virtualization provides a separate, secure virtual work environment that is accessible anywhere, anytime. Employing VMware Horizon Mobile, the LG Optimus Vu: allows users to run a second operating system, completely isolated from the one running on thedeviceitself. This makes it easy to keep work-related applications and data separate from personal ones. By reducing security risks and enhancing manageability for businesses, P&B Virtualization is also more secure than the current range of app container-based solutions available in the market.

“The Optimus Vu: with P&B Virtualization represents a giant leap forward in mobile virtualization technology,” said Dr. Jong-seok Park, president and CEO of the LG Electronics Mobile Communications Company. “Joining forces with VMware and Verizon Wireless has enabled us to create an enterprise-ready smart device that enhances productivity and convenience. Users can enjoy the versatility of having two devices in one while businesses can feel safe in the knowledge that sensitive information will be completely secure.”

“LG and VMware are addressing the challenges IT departments face every day due to BYOD and the consumerization of IT,” said Boaz Chalamish, senior vice president and general manager, End-User Computing, VMware. “Creating a separate virtual workspace on a mobile device enables IT to provide security and control, while also reducing the burden and liability of managing the entire device. This approach strikes the best balance between addressing IT security needs and end user freedom.”

LG plans to introduce P&B Virtualization in more of its industry leading mobile devices in order to meet the growing demand for secure, business-friendly smartphones.

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LG IPS COLORPRIME MONITOR NAMED BEST PHOTO MONITOR AT 2013 TIPA AWARDS

Thanks to Professional-Grade Color Management Capabilities,

LG’s 27EA83Monitor Has been Honored with One of the Imaging Industry’s Highest Accolades

SEOUL, May 6, 2013 ㅡ LG Electronics (LG) announced that its ColorPrime (27EA83) monitor has been named the “Best Photo Monitor” of 2013 by the Technical Image Press Association (TIPA). Ideal for filmmakers, photographers and graphics professionals, LG’s award-winning monitor features In-Plane Switching (IPS) display technology, an incredibly high resolution and a wide color palette.

“We are truly honored to receive TIPA recognition for our ColorPrime monitor,” said Il-geun Kwon, senior vice president of LG Electronics’ IT Business Unit. “This imaging industry honor reaffirms the exceptional qualities of LG’s advanced graphics powerhouse. With wide quad high definition (WQHD) resolution and sophisticated calibration, the ColorPrime offers unrivalled visual accuracy required for detailed graphics and imaging work. LG will continue to produce the most technologically advanced monitors available, taking picture quality to dazzling new heights.”

The LG ColorPrime delivers astounding picture quality, boasting the incredible clarity of WQHD (2560×1440) resolution and the ability to accurately reproduce 99 percent of the Adobe RGB color space. This monitor can also be quickly rotated 90 degrees, enabling users to choose the screen orientation that best suits the specific demands of their work. Each ColorPrime monitor is factory calibrated and comes with a certificate confirming that it has been fine-tuned by an LG imaging expert. To further ensure consistent and accurate color performance, LG also offers hardware calibration including an external color calibrator that has been optimized to LG’s monitor.

The ColorPrime monitor achieves true-to-life picture quality thanks to LG’s advanced IPS display technology, which also helps to reduce user eyestrain. With an impressive 178 degree viewing angle, image quality and color fidelity remains consistent, regardless of where the viewer is positioned. What’s more, the 4-Screen Split and Dual Link-Up features take multitasking to the next level. 4-Screen Split divides the ColorPrime’s display into four segments, which can then be arranged into a variety of useful configurations. LG’s clever Dual Link-Up function makes it possible for users to work with files or programs from two different devices at the same time. In short, the ColorPrime monitor is a comprehensive imaging solution for filmmakers, photographers, designers and other graphics industry professionals.

TIPA, which comprises 29 member magazines from 13 different countries, is one of the most influential photographic and imaging press associations in the world. Its members convene annually to vote on the best products of the year, assessing each device based on a number of criteria including technological and design innovation, ease-of-use, and value for money. The TIPA awards are comprised of 40 separate categories with only one winner being announced for each. This year’s top products, including LG’s ColorPrime monitor, will be officially recognized at the 2013 TIPA awards ceremony to be held in Tokyo, Japan in June.

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LG BEGINS SALES OF WORLD’S FIRST CURVED OLED TV

Pre-orders for 55-inch TV Starts Today in Korea, Shipping Next Month

SEOUL, Apr. 29, 2013 ㅡ LG Electronics (LG) announced that it will begin accepting pre-orders for its 55-inch (54.6-inch diagonal) CURVED OLED TV (Model 55EA9800) in South Korea, with deliveries to begin next month. More than 1,400 LG retail stores in South Korea will begin taking orders today from customers for the premium TV, priced at KRW 15 million (approximately USD 13,500). The announcement makes LG the first and only company to commercialize both the flat screen OLED TV, which began shipping to Korean customers in February, and the CURVED OLED TV, giving LG a significant lead in the OLED segment that is expected to grow to 7 million units by 2016, according to DisplaySearch.

“Our CURVED OLED TV is not only the proof of LG’s unmatched leadership in next-generation displays but also a testament to LG’s commitment to bringing to market the most exciting TV technology available today,” said Havis Kwon, President and CEO of LG’s Home Entertainment Company.

The new EA9800 model features the industry’s very first curved screen ergonomic design, providing an immersive, cinematic viewing experience in the home. With more than five years of research behind developing the optimum curvature, the entire screen surface is equidistant from the viewer’s eyes, eliminating the problem of screen-edge visual distortion and loss of detail.

Only 4.3 millimeters (0.17 inches) thin and weighing just 17 kilograms (37.48 pounds), LG’s CURVED OLED TV produces astoundingly vivid and realistic images thanks to its proprietary WRGB technology. The unique Four-Color Pixel system features a white sub-pixel, which works in conjunction with the conventional red, blue, green setup to create the perfect color output. What’s more, LG’s exclusive Color Refiner delivers even greater tonal enhancement, resulting in images that are more vibrant and natural than anything seen before. As in the original flat screen OLED TV, the CURVED OLED TV also offers an infinite contrast ratio for optimal contrast levels regardless of ambient brightness or viewing angle. TÜV Rheinland, Intertek and VDE, three international testing and certification bodies, recently recognized LG’s CURVED OLED TV for its superb picture quality.

Finally, LG’s CURVED OLED TV features thin transparent film speakers in the crystal clear stand, providing high-quality sound without compromising the TV’s beautiful design. LG’s CURVED OLED TV took the top “red dot: best of the best” honor at the prestigious design competition earlier this year.

Timing and pricing of the CURVED OLED TV in markets outside of Korea will be announced in the months ahead.

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LG OPTIMUS F5 MAKES ITS GLOBAL DEBUT

LG’s Newest Smartphone Delivers Fast 4G LTE Performance

with Advanced User Experience

SEOUL, Apr. 28, 2013 ㅡ Following its successful unveiling at the 2013 Mobile World Congress, the Optimus F5 — the first device from LG’s newest Optimus F Series — will make its world debut starting in Europe on April 29. Launching initially in France, LG will roll out the Optimus F5 in South and Central America, Asia and the Commonwealth of Independent States (CIS) over the next several weeks.

The Optimus F Series is a new family of Android smartphones for consumers who are ready to experience the blazing speeds of 4G LTE without the high costs that normally go with such a device. As a key component of LG’s strategy to make 4G smartphones as ubiquitous as they are fast, the Optimus F5 features LG’s advanced LTE technology and enhanced user experience (UX) features.

As display size and battery life become increasingly important among smartphone consumers, the 1.2GHz Qualcomm Dual-Core Optimus F5 addresses user demands by featuring a 4.3-inch IPS display and a largest-in-class 2,150mAh battery. LG engineers designed the Optimus F5 to deliver longer battery life without creating a larger battery. And the 4.3-inch IPS display offers clear, lifelike images for a superior viewing experience.

The Optimus F5 includes the latest Android Jelly Bean 4.1.2 operating system and the best of LG’s innovative and exclusive UX features:

QSlide allows users to open multiple apps at the same time in full screen mode with the ability to change the size, position and transparency of the windows.
Live Zooming lets users zoom in on videos so they can get a closer, detailed look at any specific area.
Video Wiz lets users play movie director by giving them the power to edit videos and enhance them with sound and music right on the phone itself.
QTranslator function instantly translates not only words, but also entire sentences and phrases by simply using the camera to scan the text. QTranslator accepts 44 different languages and can translate them into any one of 64 languages.

“LG has consistently set the standard in the mobile industry with technology that complements, not complicates, users’ lives,” said Dr. Jong-seok Park, president and CEO of LG Electronics Mobile Communications Company. “The Optimus F5 is a natural extension of LG’s lineup of strong LTE devices, offering the lightning-speed of 4G LTE and UX features of a premium phone. With the Optimus F5, we’re confident we can capture an untapped market of new and upgrading smartphone users who crave a feature-rich, LTE device.”

Key Specifications:

OS: Android Jelly Bean 4.1.2
Processor: Qualcomm 1.2 GHz Dual-Core
Display: 4.3-inch IPS (256 ppi)
Battery: 2,150mAh
Size: 126.04 x 64.46 x 9.30mm
Memory: 8 GB / 1 GB RAM / microSD (up to 32GB)
Camera: 5.0 MP AF Front / 1.3 MP Rear

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TV-CENTRIC LG CLOUD GOES GLOBAL

Unique Cloud Service Synchronizes Content Across Platforms

and Delivers Convenient Streaming Functionality

SEOUL, Apr. 26, 2013 ㅡ LG Electronics (LG), which launched its own LG Cloud service in the United States, South Korea and Russia last year, will roll-out the TV-centric service in more than 40 countries including Europe, Asia, Central Asia and Latin America regions by the end of next month. LG Cloud enables users to stream content directly to LG CINEMA 3D Smart TVs as well as providing a convenient location to store entertainment content that automatically synchronizes between PCs, smartphones and TVs.

“LG Cloud eliminates the time-consuming process of having to download or manually transfer content between devices,” said Richard Choi, senior vice president of the Smart Business Center at LG Electronics “Today’s consumers are no longer loyal to only one type of screen. They move seamlessly from TVs to PCs to smartphones and it’s up to us to help them get the content they want whenever and wherever they want it. LG is one of very few companies that can offer integration across so many display products.”

The LG Cloud app offers access to videos, photos and music once it is uploaded to the user’s account. Available on Google Play or the LG Smart World store, the easy-to-install app is compatible with LG CINEMA 3D Smart TVs, PCs and Android smartphones. After a quick setup process, users can begin streaming up to 5GB of content for free directly to their CINEMA 3D Smart TV without having to first download files to a smart storage device. Multimedia can be conveniently saved and streamed from LG Cloud, freeing up gigabytes of space on overloaded smartphones and PCs. Content can be uploaded to LG Cloud using the PC client, website or smart device. In the near future, smart home appliances will also be able to connect and share via LG Cloud for a truly integrated and convenient experience.

LG Cloud is also capable of transcoding and streaming multimedia content to mobile devices by N-Screen. It even has a resume play function for seamless viewing or listening across multiple products. Pause a video or song on a smartphone and LG Cloud will continue playback from that same point on an LG Smart TV. LG Cloud also makes it possible to view photo slideshows while simultaneously streaming music.

LG’s unique service allows members to easily store content in their own personal LG Cloud account. Signing in to an account on an LG CINEMA 3D Smart TV is quick and easy thanks to the automatic Single Sign On (SSO) protocol, which is able to recognize both the user’s LG Smart TV ID and LG Cloud ID.

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LG ANNOUNCES FIRST-QUARTER 2013 FINANCIAL RESULTS

A picture of LG Twin Towers in the daytime

Quarterly Results Reflect Record-High Smartphone Shipments

SEOUL, Apr. 24, 2013 ㅡ LG Electronics (LG) today reported a solid first-quarter performance due to a resurging handset business which shipped 10.3 million smartphones between January and March, the highest for LG since it entered the smartphone race. Better-than-expected performance in LG’s mobile operations offset weaker results in the home entertainment business.

First-quarter operating profit of KRW 350 billion (USD 322.88 million) and net profit of KRW 22 billion (USD 20.30 million) declined somewhat from the same period last year. However, revenues in the first quarter rose 6.8 percent year-over-year to KRW 14.10 trillion (USD 13.01 billion) mainly due to the improved performance of the mobile business.

LG Home Entertainment Company revenues of KRW 5.17 trillion (USD 4.77 billion) declined year-on-year due to lower sales of plasma TVs and IT products. Sales of LCD TVs increased in Europe and developing markets such as China and CIS from the same period last year. Operating profit of KRW 30 billion (USD 27.68 million), although lower than last year, increased compared to the previous quarter. Although TV and IT market will continue to be stagnant , LG expects stronger results with the rollout of new 3D Smart TVs and ULTRA HD TVs.

LG Mobile Communications Company results improved significantly in the first quarter, recording revenues of KRW 3.21 trillion (USD 2.96 billion) on smartphone shipments of 10.3 million units, an increase in revenue of 28.5 percent from the same period last year. Healthy sales of LTE smartphones such as the Optimus G and Optimus G Pro along with 3G smartphones including the Optimus L Series and Nexus 4 contributed to the improved results. Operating profit increased almost four-fold from the same period last year to KRW 133 billion (USD 122.69 million) thanks to stronger revenue and better cost structure. The company expects to further increase shipments and sales in the second quarter with the worldwide rollout of Optimus L Series^II targeting 3G markets with the 5.5-inch Full HD IPS Optimus G Pro and Optimus F Series in countries with 4G LTE networks.

LG Home Appliance Company sales in the first quarter of 2013 increased 11 percent from the same period last year to KRW 2.81 trillion (USD 2.59 billion), largely due to improved sales in the United States, Central America and the Middle East. A 29 percent decrease in operating profit year-over-year to KRW 102 billion (USD 94.10 million) reflected increased investments in R&D and marketing. LG will focus on strengthening its competitiveness and market leadership in a weak worldwide market with differentiated products and a strengthened product lineup.

LG Air Conditioning and Energy Solution Company revenues were KRW 1.23 trillion (USD 1.14 billion) in the first quarter, mainly as a result of improved performance in the Middle East and Southeast Asia. Due to successful new products, operating profit was virtually unchanged year-on-year at KRW 73 billion (USD 67.34 million) despite an increase in R&D expenses. LG expects to improve its sales and profitability by introducing more energy efficient and localized air conditioning products.

2013 1Q Exchange Rates Explained

Starting from the first quarter of 2013, LG Electronics accounted LG Innotek as a consolidated subsidiary of the Company pursuant to enactment of Korea-International Financial Reporting Standards (K-IFRS) 1110 “Consolidated Financial Statements.” Due to this change, the Company has also reclassified comparative financial data in accordance with the new disclosure requirement. Amounts in Korean won (KRW) are translated into U.S. dollars (USD) at the average rate of the three-month period of the corresponding quarter — KRW 1,084 per USD (2013 1Q).

Earnings Conference and Conference Call

LG Electronics will hold a Korean language earnings news conference on April 24, 2013 at 16:30 Korea Standard Time at the LG Twin Tower Auditorium (B1 East Tower, 20 Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea). An English language conference call will follow on April 25, 2013 at 10:00 Korea Standard Time (01:00 GMT/UTC). Participants are instructed to call +82 31 810 3069 and enter the passcode 9084#. The corresponding presentation file will be available for download at the LG Electronics website (www.lg.com/global/ir/reports/earning-release.jsp) at 14:00 on April 24, 2013. Please visit http://pin.teletogether.com/eng/ and pre-register with the passcode provided. For those unable to participate, an audio recording of the news conference will be available for a period of 30 days after the conclusion of the call. To access the recording, dial +82 31 931 3100 and enter the passcode 142690# when prompted.

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LG ELECTRONICS FIRST TO DEBUT PAYPAL ON SMART TV

Enabling Frictionless Digital Transactions, PayPal Provides

Convenient, Secure Payment Option for LG Smart TV Owners

SEOUL, Apr. 10, 2013 ㅡ LG Electronics will be the first to offer the incredible convenience of PayPal on its Smart TV platform. Available now on 2013 LG Smart TVs available in the United States, Canada and the United Kingdom, the feature will also be included in LG Smart TVs in France, Germany, Spain, Italy and Australia starting this month with other markets to follow.

This highly secure, digital payment system provides an easy and secure way for consumers to purchase products and services directly through their LG Smart TV. The integration of PayPal into the LG Smart TV platform will also open the door to greater opportunities for a number of stakeholders, furthering the growth of a more vibrant Smart TV ecosystem.

“LG and PayPal will create a more user-friendly Smart TV experience, enabling the user to make faster, more secure digital payments,” Richard Choi, senior vice president of the Smart Business Center at LG Electronics. “PayPal significantly reduces the number of steps the user has to take in order to complete a transaction; saving them time by eliminating the need to enter credit card and address details for each subsequent purchase. Moving forward, it will also make it possible for LG to better integrate digital commerce with first-class home entertainment.”

Fast and Convenient Smart TV Content Purchases

PayPal is the perfect match for the Smart TV platform, allowing consumers to quickly authenticate their identity and make their desired purchase. The user can enter the appropriate digits via a traditional remoteor by using LG’s Magic Remote to control the digital onscreen keypad. It puts an end to the annoyance of having to enter the same email address, password and credit card number again and again. PayPal also offers a convenient opt-in “remember me” option for even more frictionless purchasing.

“PayPal has been redefining both online and offline commerce, and television represents a dynamic channel for reaching consumers when they’re receptive to making a purchase or donating to a cause,” said Randall Davies, senior director of global business development at PayPal. “We see Smart TV as a high-potential platform for commerce in the coming years, and we’re thrilled to be at the forefront with LG in integrating the ease, security and functionality of PayPal directly into LG Smart TVs.”

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LG TARGETS EUROPE WITH SMART, ENERGY EFFICIENT HOME APPLIANCES AT 2013 LG INNOFEST

Aiming to Become Number One in the Global Home Appliance Market by 2015,

LG Shows Off Its Latest Convenience-Enhancing Products in Berlin

SEOUL, Apr. 11, 2013 ㅡ LG showcased an impressive range of localized, energy efficient home appliances at the 2013 LG Innovative Festival (InnoFest), held in Berlin from April 10 to 11. The successful event was attended by approximately 300 of LG’s business partners and other stakeholders from all across Europe.

LG’s latest home appliances, including its Eco-Hybrid washer-dryer and energy grade A+++ refrigerators, boast a number of innovative features and cutting-edge technologies. By strengthening its lineup of premium and mid-end appliances tailor-made for each market, LG aims to reinforce its strong global position and become the number one home appliance brand in the world by 2015.

“When purchasing home appliances, European consumers rank energy efficiency, convenience and innovative designs very highly,” said Seong-jin Jo, president and CEO of the LG Home Appliance Company. “We know these are high priorities because we are always listening to our customers and carefully monitoring industry trends in order to better meet the needs of today’s consumers.”

LG sees consumer insights as a key factor in LG’s ability to differentiate itself from the competition. As a component of this endeavor, LG operates refrigerator consumer lifestyle labs in Germany and Spain, as well as a washing machine research lab (also in Germany) and a design lab in London. Each specialized facility enables LG to develop products that are capable of meeting the real-world needs of today’s busy consumers. Furthermore, production sites such as LG’s factory in Poland produce appliances which are specifically designed and built to meet the needs of the region.

“LG is simultaneously strengthening its premium brand image while reinforcing its mid-range home appliances for the European market. This two-track strategy is aimed at further strengthening our position in the European market,” added Mr. Jo.

On display at this year’s LG InnoFest in Berlin were the company’s new Eco-Hybrid washer-dryers — 12 kg washing and 8 kg drying — and 9 kg freestanding dryers. With water and energy consumption prices on the rise, the new washer-dryers from LG are highly suited to European consumers looking for ways to save both water and energy through their home appliances. Conventional washer-dryers normally utilize water during the drying cycle. LG’s new washer-dryers, on the other hand, deliver incredible A-grade energy efficiency through a convenient Air-drying mode that complements the conventional drying mode. This saves the consumer up to 6,900 liters of water per year.[1] What’s more, LG’s Eco-Hybrid dryers feature an Eco mode and a Speed mode with the former using approximately 50 percent less energy than conventional dryers[2] while the latter is 30 percent quicker.[3]

The new washer-dryers are equipped with LG’s proprietary 6 Motion Direct Drive, offering consumers better washing performance and enhanced fabric care. By using a combination of different motor movements to deliver customized washing for various types of clothes, the 6 Motion Direct Drive enables fewer wrinkles and less damage to fabrics.

Along with energy saving washers and dryers, LG also offers the industry’s first A+++ energy rated bottom-freezer refrigerator and double layered Door-in-Door system. LG’s refrigerators provide customers with enhanced energy savings as well as the most convenient food storage and access options. LG offers further value to European consumers with exceptional products such as the Charcoal Lighting Heater™ oven, the HOM-BOT SQUARE robotic vacuum cleaner, and TrueSteam™ equipped dishwashers.

By showcasing a variety of differentiated appliances that feature premium technologies and innovative designs at competitive prices, LG is providing consumers with a wider varietyof choices. LG is introducing its unique appliances and technologies through its Smart Campaign in Europe and also expanding partnerships with local distributors. Together, these factors will help the company strengthen its position on the continent.

[1]In Air-drying mode based on average of 220 drying cycles per year using 40.2L of water (in conventional models).

[2]Compared to an A-rated 9kg dryer based on IEC standards (LG lab tested).

[3]Compared to an A-rated LG 9kg dryer on ECO mode (LG lab tested).

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LG PUTS SPOTLIGHT ON SMART HOME APPLIANCES AT 2013 LG INNOFEST

A group photo of participants at LG InnoFest 2013

Aiming for Number One in Latin American Appliance Market by 2015

SEOUL, Apr. 8, 2013 — The 2013 LG Innovative Festival (Innofest), held in Cancun, Mexico from April 4 to 6, provided an opportunity for LG’s business partners and other stakeholders from across South and Central America to see and experience a range of impressive products designed to deliver savings, convenience, performance and better health. With approximately 300 participants, the event highlighted LG’s efforts to strengthen its global position and become the number one home appliance brand by 2015.

Major products featured in the lineup included LG’s Door-in-Door refrigerator, 6 Motion Direct Drive washing machine, Charcoal Lighting Heater oven and HOM-BOT SQUARE robotic vacuum cleaner. All of these products reflect LG’s commitment to developing premium products and technologies that will set global trends as well as cater to local market needs. In order to carry out this commitment in South and Central America, LG plans to invest heavily in regional R&D and implement a localization strategy where regional specialists will be used to gain deeper insights into the needs of local consumers.

“LG’s home appliances are designed with a host of unique, smart and innovative technologies and we are very excited about the extent to which these appliances can improve the lives of consumers across the region,” said Se-woo Park, President of the South and Central America Region, LG Electronics. “These products offer larger capacities and greater energy efficiency, and they also boast sleek, convenient designs. With this in mind, we are confident that LG can be the number one home appliance brand by 2015.”

Furthermore, LG intends to develop its production facilities in South and Central America so that LG products can be manufactured from start to finish in the same region. In particular, the expansion of its manufacturing facility in Monterrey will make the facility the core center of LG’s regional production sites. In addition, the Monterrey facility will exemplify the company’s manufacturing flexibility, producing LG’s top selling washing machines as well as customized products tailored to local needs.

The ultra convenient Door-in-Door feature found in LG refrigerators provides fast access to a fresh storage area located within the refrigerator’s right door. The user-friendly compartment can be opened with the simple push of a button, giving consumers quick and easy access to their favorite snacks while helping to prevent cold air loss. The Door-in-Door also helps to keep food fresher, and it further benefits the user by freeing up room elsewhere in the fridge.

Other insightful refrigerator technologies that cater to Latin American consumers include the Slim Door MountedIce Maker and Hygiene Fresh. While the Slim Door Mounted Ice Maker improves space efficiency by helping free up additional storage space in the refrigerator door, LG’s unique Hygiene Fresh air filtration system ensures food stays fresher for longer. By removing 99.9 percent of airborne bacteria and odor from the fridge while simultaneously introducing purified air through special fresh air flow channels, the Hygiene Fresh system is ideal for customers in hot, humid climates.

The 6 Motion Direct Drive equipped washing machines offer consumers better washing performance and enhanced fabric care. By using a combination of different motor movements to deliver customized washing for various types of clothes, the 6 Motion Direct Drive enables fewer wrinkles and less damage to fabrics. LG’s front-loading washing machine (washer/dryer) also incorporates TurboWash™ technology, which saves up to 20 minutes of washing time even with larger loads.

The HOM-BOT SQUARE revolutionizes vacuuming with new levels of efficiency and convenience. It comes equipped with the innovative Corner Master, a feature set that includes the product’s square design, longer brushes and improved sensors, leaving dust few places to hide.

The Charcoal Lighting Heater™ equipped lightwave oven uses a charcoal filament to maintain a natural flow of heat. LG’s unique heater penetrates deeply into the user’s culinary creations, delivering the crispy-on-the-outside, juicy-on-the-inside results that make mouths water. It also works to reduce unnecessary salt and fat content in meals, while sealing in healthy vitamins and nutrients.

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LG Newsroom