LG WOWS THE WORLD AGAIN WITH OPTIMUS 3D MAX AT MWC 2012
More Than Just Glasses-Free 3D, Optimus 3D Max
Pushes the Boundaries of Power Features and Performance
SEOUL, Feb. 22, 2012 -– Following in the footsteps of last year’s glasses-free 3D smartphone, LG Electronics will publicly unveil the Optimus 3D Max at the 2012 Mobile World Congress (MWC). With powerful 3D technology and sleeker design, the Optimus 3D Max provides a complete 3D entertainment platform and marks a big leap forward in the ever-expanding 3D ecosystem.
“The Optimus 3D Max was born from LG’s constant efforts to bring user entertainment experience to a higher level,” said Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company. “The introduction of the Optimus 3D last year ushered in a new era for smartphones and Optimus 3D Max is real proof of LG’s commitment to portable 3D entertainment.”
LG Optimus 3D Max is equipped with diverse innovations and offers users with advancements including:
■ True Performance Muscle with Latest Mobile Technologies
LG Optimus 3D Max is a powerful smartphone in both 2D and 3D mode and a pleasure to view with LG’s exclusive brightened display. 3G’s network speed has been also improved to HSPA+ 21Mbps. LG Tag+ offers advanced NFC (Near Field Communication) capabilities designed to promote greater user convenience. One of its benefits is automatic setting changes which are possible by creating predefined tags that are customized to certain modes such as car-mode, office-mode or sleepmode. Depending on location, the predefined tags will automatically adjust various phone settings including Wi-Fi, bluetooth, GPS and sound volume. Beyond its already innovative features, attendees of MWC 2012 will see some of the future benefits that will be made available through a Maintenance Release or an application available on the LG SmartWorld (www.LGsmartworld.com). Additional features include:
– HD Converter to offer HD quality on a TV connected through MHL (Mobile High-Definition Link), when transforming Open GL-based 2D games and applications to 3D and viewing Google Earth;
– Range Finder to calculate the distance between the camera and the subject as well as the dimensions of an object through triangulation;
– Out-focusing Shot to enhance camera quality beyond that of other smartphones through image processing using depth information.
■ True 3D Entertainment Features with Improved 2D-3D Compatibility
Users can convert Google Earth, Google Maps and other road views into 3D using the enhanced 3D Converter. Furthermore, 3D photos and videos captured by the Optimus 3D Max can also be viewed in a single-screen mode in 2D, using the 3D Hot Key mounted on the side of the phone to easily toggle between 2D and 3D. LG also plans to continue expanding video contents, applications and games optimized for the 3D Converter available from the 3D Zone at LG SmartWorld.
■ ■ True Excellence in Design with Slimmer and Lighter Body
The LG Optimus 3D Max’s premium design comes from LG’s commitment to fine details. LG focused on trimming details on the design of the Optimus 3D Max by keeping only the essentials and eliminating everything else. Measuring only 9.6 mm thin and weighing 148 grams, the lean body with metallic and rounded edges incorporates the best 3D features in addition to desirable 2D features. The Optimus 3D Max includes unique 3D-style cubicle icons which users can customize with their own photos through the Icon Customizer. The Optimus 3D Max will first launch in Korea in March and will gradually roll out in other markets starting in Europe. The device will receive an upgrade to Android 4.0 Ice Cream Sandwich from Android 2.3 Gingerbread shortly after the launch.
More details can be found at the LG Stand (Hall 8) at MWC 2012 from February 27 to March 1.
Key Specifications:
o Chipset: 1.2GHz Dual-Core processor (OMAP4430)
o Display: 4.3-inch 3D WVGA Display with Corning® Gorilla® Glass 2
o Memory: 8GB Internal Storage, 1GB Internal Memory
o Camera: 5MP Dual-lens
o OS: Android 2.3 Gingerbread
o Battery: 1,520 mAh
o Others: HSPA+ 21Mbps
HDMI connection 2D/3D TV/monitor up to 1080p via MHL
DNLA for wireless connection with TV/PC (3D video also supported)
NFC Full Support, LG Tag+
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LG’S NEW DESIGN STRATEGY FOR MOBILE DEVICES
LG’S NEW DESIGN STRATEGY FOR MOBILE DEVICES TO BE REVEALED AT 2012 MWC
LG Takes Design Philosophy to the Next Level with Lineup of Stylish Smartphones
SEOUL, Feb. 21, 2012 -– LG Electronics (LG) makes its boldest move yet in its strategy to attain smartphone leadership with the launch of its new design identity, LStyle, at the 2012 Mobile World Congress (MWC).
The core essence of L-Style involves a timeless design with finer details that further differentiate LG’s mobile devices from the competition. LG’s design leadership has been well established in the past with a successful track-record that includes the Black Label Series phones such as the Chocolate and Shine.
“Design is consistently the top or second most important factor for customers when choosing a mobile phone,” said Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company. “With smartphones, we sometimes took a more functional approach to design but with L-Style we’re going back to our roots as a company focused on how our products fit into the lifestyle of our customers.”
L-Style’s design philosophy is comprised of five aesthetic elements: Modern Square Style for a comfortable grip, Floating Mass Technology for a slimmer look, Seamless Layout for a more intuitive arrangement of keys, Harmonized Design Contrast utilizing metallic accents and Sensuous Slim Shape that naturally draws one’s attention.
Three new smartphones to be unveiled at MWC will initially feature the L-Style look. The Optimus L3, with a 3.2-inch display, will first launch in Europe this March. This smartphone will be followed by two other devices in the first half of the year running Android 4.0 Ice Cream Sandwich: Optimus L5 with a 4.0-inch display and Optimus L7 featuring a 4.3-inch screen.
Market availability and additional hardware specifications of all three models will be announced at a future date.
More details can be found at the LG Stand (Hall 8) at MWC 2012 from February 27 to March 1.
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OPTIMUS LTE TAG FROM LG OFFERS NFC, BUT WITH A TWIST
Unique Tag+ Feature Allows for User Customization
Without The Hassle of Fiddling with Phone Settings
SEOUL, Feb. 20, 2012 — LG today announced its newest addition to its LTE smartphone lineup for the Korean market, the Optimus LTE Tag. Coming on the heels of impressive sales of its Optimus LTE, the world’s first HD LTE smartphone, the Optimus LTE Tag advances LG’s vision of offering the most diverse collection of LTE devices for all types of customers.
“Our goal is to offer the widest variety of LTE smartphones in the industry in 2012,” said Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company. “The Optimus LTE Tag isn’t just a cosmetically-enhanced version of Optimus LTE, it offers a truly innovative feature which we think really makes a smartphone smarter.”
The Optimus LTE Tag gets its name from a unique new feature, LG Tag+, which uses NFC (Near Field Communication) to communicate with special stickers or “tags” that can be programmed to automatically change the phone’s settings. Swiping a tag upon entering the office could put the Optimus LTE Tag in silent mode and activate Wi-Fi. A tag on the car dashboard could be programmed to turn on Bluetooth, GPS and raise the volume. The options are limitless.
With Slim and sleek design, the Optimus LTE Tag is available in white. Running a 1.2GHz Dual-Core processor, Android 2.3 Gingerbread (with the option to upgrade to Ice Cream Sandwich later) and 4.3-inch IPS display, the Optimus LTE Tag is the ideal multimedia environment.
More details can be found at the LG Stand (Hall 8) at MWC 2012 from February 27 to March 1.
Key Specifications:
• Chipset: 1.2GHz Dure-Core processor
• Display: 4.3-inch (800 x 480) IPS
• Memory: 16GB eMMC
• Camera: 5.0MP with AF-LED Flash (Rear) & 1.3MP (Front)
• OS: Android 2.3 Gingerbread
• Battery: 1,700mAh
• Others: LG Tag+, MHL(Mobile High Definition Link), DLNA(Digital Living Network Alliance)
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LG UNVEILS UNIQUE 4:3 RATIO, 5-INCH OPTIMUS VU: AT MWC 2012
With Productivity in Mind, LG Demonstrates its LTE and Display
Leadership with Device that Does, Well, Everything
SEOUL, Feb. 19, 2012 -– LG today unveiled one of the most anticipated LTE devices, the Optimus Vu:. Equipped with LG’s advanced LTE and IPS display technology, the Optimus Vu: offers a unique combination of tablet-like viewing with smartphone portability. Running on a powerful 1.5GHz dual-core processor, 32GM internal memory and a large 2,080 mAh battery, the Optimus Vu: is a multimedia lover’s dream device.
“The Optimus Vu: was designed to maximize what customers could do with a smartphone,” said Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company. “By offering an optimal 4:3 ratio viewing experience, 5-inch display combined with superfast LTE technology, Optimus Vu: is just one example of what we can achieve when we combine our best technology with customer needs.”
The large 5-inch display with bright 4:3 aspect ratio makes viewing documents, books, internet and multimedia contents easier and more comfortable. The 4:3 aspect ratio is optimized for viewing to grasp more at a glance and note taking to increase productivity in everyday life. Moreover, IPS display realizes every color in its natural state for the best viewing experience even under bright sunlight.
Backed by unparalleled speed and performance from LG’s advanced LTE technology, the Optimus Vu: boasts unmatched productivity. Its unique built-in QuickClip™ hotkey allows users to conveniently capture screenshots and memos with a single push. Jotting notes is also possible with a finger or with the dedicated Rubberdium™ pen. Among many productive apps installed in the Optimus Vu:, the included Polaris Office allows users to open any document, spreadsheet or presentation while on the go.
At only 8.5mm, the Optimus Vu: is the slimmest among all LTE phones currently on the market and is perfectly suited for a hand and fits comfortably in a jacket pocket. Despite the large 2,080mAh battery, the Optimus Vu: adopts LG’s exclusive floating mass technology to appear slimmer than its actual dimensions.
In addition to HDMI (High Definition Multimedia Interface) and DLNA (Digital Living Network Alliance), Optimus Vu: comes with 32GB memory and an 8-megapixel camera. While it will initially launch running Android 2.3 Gingerbread, an update to Android 4.0 Ice Cream Sandwich is already in the works.
The Optimus Vu: will be introduced in Korea in March. Additional information on the unique Optimus Vu: can be found at the LG Stand (Hall 8) at MWC 2012 from February 27 to March 1.
Key Specifications:
o Chipset: 1.5GHz Dual-Core Processor
o Display: 5-inch (1024×768) IPS Display
o Memory: 32GB eMMC and 1GB DDR2
o Camera: 8MP with AF LED Flash (rear) and 1.3MP (front)
o OS: Android 2.3 Gingerbread
o Battery: 2,080mAh
o Dimension (L x W x D): 139.6 x 90.4 x 8.5mm
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EDWARD NORTON AND DARIA WERBOWY LAUNCH PRADA PHONE BY LG 3.0
SEOUL, Feb. 7, 2012 — LG Electronics (LG) and PRADA today unveiled actor Edward Norton and model Daria Werbowy as the faces of the global advertising campaign (shot by British fashion photographer David Sims) to launch the latest smartphone, the PRADA phone by LG 3.0. This is the third phone from the collaboration and represents a key design venture for both companies.
The advertising campaign features leading American actor Edward Norton, who has an illustrious film career starring in movies such as Primal Fear, American History X, Kingdom Of Heaven, and Fight Club. As well as appearing in numerous other films, he is also a writer and director, working behind the scenes on films such as The Incredible Hulk. Alongside him is the Ukrainian/Canadian model Daria Werbowy, one of the world’s most recognisable models who has worked frequently for PRADA and many other leading fashion houses.
Both individuals embody the core values behind the PRADA phone by LG 3.0 – stylish looks and smart functionality. Both are stars who have excelled in their fields and represent the ethos of style and substance; Norton is an Academy Award-nominated actor, whilst Werbowy holds the record for opening and closing the most catwalk shows in one season, as well as being one of the top earning models of recent years.
Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company commented: “LG is delighted to have these talented and successful individuals on board to help launch this smartphone. They embody the very essence of the PRADA phone by LG 3.0, combining style with substance, as well as bringing to life this outstanding smartphone.”
Mr. Norton also added: “It was a pleasure collaborating with PRADA and LG, both Global brands with impeccable reputations for being the most innovative and respected in their fields.”
The PRADA phone by LG 3.0 combines PRADA’s distinctive style with LG’s innovative technology, including one of the biggest and brightest screens in the world at 4.3-inch and 800-nit screen. Styled with PRADA’s clean and sharp design philosophy, the handset features a full glossy touchscreen to the front and PRADA’s signature Saffiano pattern to the back, all finished in classic black. Every detail has been designed for chic simplicity, and the handset also boasts LG’s signature Floating Mass Technology, optically enhancing the thinness of its already impressive 8.5mm depth, with minimal hard keys completing the sleek simple finish.
As effective as it is striking, the PRADA phone by LG 3.0 boasts a 1.0 GHz Dual-Core/Dual-Channel architecture for high-speed performance, and dual-band Wi-Fi for high-speed surfing on the go.
To complement the handset, users will have access to a full line of PRADA phone accessories such as a PRADA branded cradle and Bluetooth ear set. Users can also carry their PRADA phone by LG 3.0 in a range of stylish pouches.
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LG ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2011 FINANCIAL RESULTS
Quarterly Results Reflect Record-High Flat Panel TV Shipments,
Strong Appliances Revenues and Profitable Mobile Business
SEOUL, Feb. 1, 2012 -– LG Electronics Inc. (LG) today announced fourth quarter 2011 consolidated revenues of KRW 13.81 trillion (USD 12.05 billion) with an operating profit of KRW 23 billion (USD 20 million). Quarter-on-quarter revenue growth reflected strong performance in home entertainment and home appliances with improved operating profit in the mobile and TV businesses.
Unaudited consolidated financial results, based on IFRS (International Financial Reporting Standards) for the period ending Dec. 31, 2011, showed a net loss of KRW 112 billion (USD 97.73 million) in the quarter, primarily due to a loss on investments in affiliated companies and net financial expense.
Full-year 2011 consolidated revenues reached KRW 54.26 trillion (USD 48.97 billion). Despite a 2011 net loss of KRW 433 billion (USD 391 million), operating profits improved significantly to KRW 280 billion (USD 253 million) from KRW 176 billion (USD 153 million) for full-year 2010.
The LG Home Entertainment Company shipped a record high 8.8 million flat panel TVs from October to December, increasing revenues 17.6 percent from the previous quarter to KRW 6.31 trillion (USD 5.5 billion). While quarterly sales declined modestly from the 2010 period, a strong 2011 holiday season and more premium product mix led by CINEMA 3D TV resulted in an operating profit of KRW 150 billion (USD 130.9 million) in the fourth quarter of 2011. Full-year 2011 home entertainment sales were KRW 22.38 trillion (USD 20.2 billion) with operating profit of KRW 423 billion (USD 382 million). For 2012, LG will continue strengthening its position in 3D and Smart TVs with a broadened line of TVs with Cinema Screen design and quality content.
The LG Mobile Communications Company improved its position in the fourth quarter with operating profits of KRW 12 billion (USD 10 million) and sales of KRW 2.78 trillion (USD 2.42 billion) on the strength of premium smartphones such as Optimus LTE (Long Term Evolution). For full-year 2011, the company posted sales of KRW
11.69 trillion (USD 10.55 billion), a decline of 9.9 percent from 2010. For 2012, the company will continue to strengthen its position by focusing on strategic markets with expanded smartphone lineup led by LTE smartphones.
The LG Home Appliance Company posted record-high quarterly sales of KRW 2.99 trillion (USD 2.6 billion) in the fourth quarter of 2011 with strong growth in Korea, the U.S. and developing countries with more energy-efficient products. Modestly lower operating profit of KRW 65 billion (USD 57 million) in the fourth quarter reflected increased raw material costs and unfavorable foreign exchange rates. Total 2011 home appliance sales were KRW 11.11 trillion (USD 10.03 billion) with operating profit of KRW 295 billion (USD 266 million). New energy efficient appliances being introduced around the world this year are expected to contribute to 2012 revenue growth.
The LG Air Conditioning & Energy Solutions Company reported sales of KRW 680 billion (USD 593 million) in the fourth quarter, essentially flat with the 2010 fourth quarter. An operating loss of KRW 38 billion (USD 33 million) was attributed to negative macroeconomic issues and product mix weakness in developing markets. For full-year 2011, the company recorded air conditioning and energy solutions revenues of KRW 4.56 trillion (USD 4.11 billion) and operating profit of KRW 58 billion (USD 52 million). The company is increasing its focus on high-efficiency air conditioning systems to help drive sales in 2012.
2012 Business Direction
For 2012, LG Electronics is targeting a revenue goal of KRW 57.6 trillion (USD 53.8 billion) with plans to spend KRW 1.6 trillion (USD 1.5 billion) in capital expenditures and to invest KRW 2.6 trillion (USD 2.4 billion) in research and development.
2011 4Q Exchange Rates Explained
LG Electronics unaudited earnings results are based on IFRS. Amounts in Korean won (KRW) are converted into U.S. dollars (USD) at the average rate of the three month period in each corresponding quarter: KRW 1,146 per USD (2011 4Q) and KRW 1,133 per USD (2010 4Q). Average rate of the twelve-month period in 2011 was KRW 1,108 per USD and KRW 1,157 per USD in 2010. LG expects the exchange rate in 2012 to be KRW 1,070 per USD.
Earnings Conference and Conference Call
LG Electronics will hold a Korean language earnings news conference on Feb. 1, 2012 at 16:00 Korea Standard Time at the LG Twin Tower Auditorium (B1 East Tower, 20 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea). An English language conference call will follow on Feb. 2, 2012 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 13:00 on Feb. 1, 2012.
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 142640# when prompted.
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LG AND HITACHI NAME EXECUTIVES TO LEAD JOINT VENTURE WATER TREATMENT BUSINESS
Company Launches Operation on February 1 in Seoul with Senior Leaders at Helm
SEOUL, Jan. 31, 2012 -– LG Electronics (LG) and Hitachi Plant Technologies, Ltd. named two senior executives to run its joint venture water treatment company, scheduled to begin operation on February 1, 2012. The two companies named Young-ha Lee Chief Executive Officer and Hidenao Kawai Chief Operating Officer for the new joint venture. The new company, LG-Hitachi Water Solutions Co., Ltd., will be based in Seoul and is expected to play a significant role in the rapidly growing water treatment industry.
Mr. Lee, a 33-year veteran of LG Electronics, is currently an LG Electronics president and the company’s Business Support Officer. Mr. Lee served in various positions during his notable career, most recently as president and CEO of LG’s Home Appliance Company. He is quite familiar with Japanese corporate culture, having been stationed in Tokyo from 1986 to 1990.
“Human use of water has increased more than 30-fold over the past three centuries but less than 1 percent of the world’s fresh water is readily accessible for human use,” said Young-ha Lee, CEO of LG-Hitachi Water Solutions Co., Ltd. “LG and the Hitachi -– two of the most diversified companies in the world — will combine their resources to developing innovative solutions for the world’s water problems.”
By combining LG’s strength in manufacturing and technology with Hitachi Plant Technologies’ advanced R&D and expertise in water-related industries, LG-Hitachi Water Solutions is well positioned for a strong entrance into the Korean and global market. The company will initially focus on manufacturing and sales of water treatment equipment, EPC1 for water treatment systems and O&M2 for water treatment facilities, centered mainly on wastewater treatment facilities and drinking water and sewage treatment facilities and research and development of water treatment technology.
1 Engineering, Procurement and Construction
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LG OPTIMUS LTE RECORDS ONE MILLION IN SALES
Innovative Smartphone Demonstrates LG’s Leadership in Nascent LTE Market
SEOUL, Jan. 25, 2011 -– LG Electronics (LG) announced today that sales of its Optimus LTE smartphone have exceeded over one million units, putting it at the forefront of the emerging LTE era. The world’s first HD LTE smartphone, the Optimus LTE is currently available in the US, Canada, Japan and South Korea.
First launched in Korea in October 2011, the Optimus LTE hit sales of 600,000 units there in the first three months, making it the most popular LTE-capable phone in a highly competitive market. On the first day of its launch in Japan, the Optimus LTE also recorded sales of 8,500 units. The phone is now available as a premium smartphone through three major mobile carriers in North America, the most advanced market in terms of LTE coverage.
“With brisk sales for a high-end smartphone, the Optimus LTE reaffirms LG’s leadership in mobile LTE technology,” said Dr. Jong-seok Park, President and CEO of LG Mobile Communications Company. “The combination of LTE connectivity with LG’s True HD IPS display has resonated with the public regarding the potential of LTE technology.”
The Optimus LTE delivers the ultimate HD multimedia environment with a 4.5-inch 1280 x 720 (16:9 ratio) True HD IPS display and fast LTE connectivity. The True HD IPS display features an incredible 2.76 million sub-pixels as well as superior color accuracy, clarity, natural color and battery efficiency.
Ensuring peak performance, the Optimus LTE runs on a 1.5GHZ dual-core processor and includes a 1,830 mAh battery, 8MP camera, and multiple connectivity options including DLNA(Digital Living Network Alliance), to provide users a truly best-inclass smartphone experience.
According to a report by Jefferies & Company, LG is the global leader in LTE patents with ownership of 23 percent of approximately 1,400 LTE patents filed worldwide, with a financial value of almost USD 8 billion. LG demonstrated the world’s first LTE technology in 2007 and developed the world’s first LTE modem chipset in 2008. LG introduced the world’s fastest LTE technology in 2010 and conducted the world’s first video phone call on a LTE network in 2011.
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LG TARGETS COMMERCIAL AIR CONDITIONING MARKET WITH ENERGY EFFICIENT VRF SYSTEM
LG to Showcase Multi V III Advanced VRF System
and Other HVAC Products at 2012 AHR Expo
SEOUL, Jan. 24, 2012 –- LG Electronics (LG) unveiled its Multi V III VRF system, along with a full lineup of commercial air conditioning solutions, at the AHR Expo, the world’s biggest HVAC show, this week in Chicago.
“We are constantly developing and introducing HVAC products that are designed to maximize our customers’ quality of life,” said Hwan-yong Nho, head of LG’s Air Conditioning and Energy Solution Company. “As a key component of the company’s plan to increase its global sales by 10 percent this year, LG will launch a full lineup of HVAC systems in the U.S. market with the Multi V III as our core product.”
With the Multi V III leading the lineup in 2012, LG is confident it will be able to bolster its position in the U.S. market as the premiere HVAC provider.
Among a range of features, the Multi V III stands out foremost for its qualities. Its energy efficiency has been officially recognized by Air-Conditioning, Heating and Refrigeration Institute (AHRI) whom regulators heavily rely upon for accurate and unbiased evaluation of HVAC products. Capable of reducing energy consumption by 14 percent, the Multi V III’s IEER rating is an impressive 21.8. The Multi V III has the distinction of being the HVAC industry’s first product to receive the CarbonFree® certification (ARUN072DT3) from Carbonfund.org.
The Multi V III also allows for flexible installation, as it uses longer piping lengths that can be installed horizontally as well as vertically over long distances, reducing the effects of elevation on performance.
Also at this year’s AHR Expo:
■ LG’s Building Management Solution (BMS) for centrally managing a facility’s air conditioning system and energy consumption;
■ Range of air conditioning solutions including full lineup of HVAC systems including Multi V Water, Multi V Mini, Eco V, Hydro Kit, Heat Recovery System and Vertical AHU;
■Lighting solutions from LG featuring various LED products.
LG also announced a partnership with Intertek at this year’s AHR Expo. Through this MOU, LG will develop global products that meet Intertek-certified levels of energy efficiency and safety across various markets.
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LG TO INTRODUCE ITS FIRST LTE TABLET
Expanding LTE Leadership into Tablets to
Meet the Needs of Consumers’ Faster Lifestyles
SEOUL, Jan. 18, 2012 — LG Electronics (LG) today unveiled its first LTE-capable tablet, the Optimus Pad LTE. Initially launching in Korea, LG has equipped the tablet with both LTE technology and True HD IPS display, the two features that have helped LG differentiate its latest smartphone, Optimus LTE, from the competition.
“With tablets generating five times more traffic than the average smartphone, it’s not a huge jump to assume that tablet users need and want faster connectivity,” said Dr. Jongseok Park, President and CEO of LG Mobile Communications Company. “The combination of LG’s LTE technology with the tablet form factor is a clear advantage for consumers who use a tablet as their primary consumption device when on the move.”
Boasting the best-in-class in the tablets, LG Optimus Pad LTE provides the ultimate user environment to enjoy HD multimedia with a 1280 x 720 True HD IPS display and 8 megapixel camera for shooting high definition video. The Optimus Pad LTE is also the world’s first tablet to support an SD memory card expandable to 32GB, recognizing the importance multimedia would play for owners of this device.
Along with these features, the Optimus Pad LTE offers easy-to-use controls and functions such as the Smart Movie Editor for editing pictures and videos more easily. Moreover, Web Duet allows for e-mailing, messaging and SNS sharing with search functions, and On-Screen Phone (OSP) ensures compatibility with LG smartphones.
LG Optimus Pad LTE is extremely portable and aesthetically pleasing, weighing in at a svelte 479g and only 9.34mm thin. Equipped with a 1.5 GHz dual-core processor running Android 3.2 Honeycomb OS, LG’s newest tablet guarantees superior performance. It also supports High Definition Multimedia Interface (HDMI) and Digital Living Network Alliance (DLNA).
Key Specifications:
■ Operating System: Android 3.2 Honeycomb
■ Memory: User 32GB (Micro SD up to 32GB)
■ Size: 245 x 151.4 x 9.34 mm
■ Weight: 497 g
■ Display: 8.9-inch IPS True HD Display
■ Resolution: 1280 x 768
■ Camera: 8MP (Rear) / 2MP (Front)
■ Processor: Qualcomm 1.5GHz Dual-Core / Dual Channel Processor
■ Battery: 6,800mAh
■ Others: HDMI, DLNA
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LG’S GLASSES-FREE CINEMA 3D MONITOR CERTIFIED BY UNDERWRITERS LABORATORIES
LG’s D2500 Becomes World’s First Glasses-Free 3D Product to be Certified by
Underwriters Laboratories for its Product Safety
SEOUL, Jan. 15, 2012 -– LG Electronics’ (LG) glasses-free CINEMA 3D monitor, the D2500, became the world’s first glasses-free 3D monitor to be certified by UL, (Underwriters Laboratories) for product safety, strengthening LG’s leadership in the glasses-free 3D product segment. The certification was officially presented to LG at last week’s Consumer Electronics Show (CES) in Las Vegas.
“Our glasses-free CINEMA 3D monitors will continue to lead LG in the glasses-free 3D market,” said Havis Kwon, President and CEO of LG Home Entertainment Company. “We will strengthen our glasses-free 3D product lineup to further distance ourselves from the competition.”
D2500 also received the Certificate of Validation on five different types of tests conducted by UL, including those for 2D Color Characteristic, 3D Color Characteristic, 3D Contrast, 3D Crosstalk and 3D Vertical Viewing Angle. UL is internationally renowned for its product quality and safety certifications of electronics products.
The D2500 uses the Parallax Barrier technology, which creates an illusion of depth based on a series of light-blocking barriers attached to the front of the LCD panel, which ensure the left and right eyes see different images. In order to ensure optimal 3D image quality, the D2500 also uses a head-tracking technology that tracks the user’s head and eye positions in real time through the imbedded web cam, thereby adjusting 3D images in accordance with the user’s viewing angle and distance from the CINEMA 3D monitor.
In addition to the UL certification, the D2500 has also been certified by TUV Rheinland as a glasses-free 3D product. TUV lauded the D2500 as exhibiting excellent contrast ratio and color production.
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LG TO LEAD GLOBAL TV MARKET WITH 2012 CINEMA 3D SMART TV LINEUP
LG Looks to Strengthen Position in Global 3D TV Market by Launching Wider Variety
of 3D TVs, including OLED TVs and UD TVs, with Enhanced Smart TV Ecosystem
LAS VEGAS, Jan. 11, 2012 -– LG Electronics (LG) held a press conference in Las Vegas, where Havis Kwon, President and CEO at LG Home Entertainment Company, announced the company’s medium- and long-term strategies for its TV business.
“Along with the rapid increase in Smart TV-equipped 3D TVs, competition is also expected to be intense over next generation displays, including OLED TVs and UD TVs,” said Mr. Kwon. “LG is planning to strengthen the ‘3D=LG’ image by ranking No. 1 in the global 3D TV market. LG will also lead the Smart TV industry by continuously enhancing its own Smart TV platform, NetCast. Meanwhile, in order to establish a strong foundation to position LG as the global No. 1 TV manufacturer, LG will continue to upgrade multiple types of TVs, including LCD TVs, as well as next generation display products, such as OLED TVs and UD TVs.”
Global No. 1 in 3D TVs
In order to rank No. 1 in the global 3D TV market, LG will expand its large-screen CINEMA 3D Smart TV lineup, release more lightweight 3D glasses and enhance the availability of 3D content.
In total, approximately 70 percent of new LG TVs will be 3D-capable. The quantity of 3D TV models, whether entry-level or premium will be expanded, and the Smart TV function will be included in each TV set as a basic feature.
Furthermore, LG will pursue synergistic efforts with LG affiliates, namely LG Display, LG Chemical and LG Innotek, to continue vigorous technological developments in 3D.
Stronger Leadership in Smart TV
In order to strengthen its Smart TV business, LG will place central emphasis on increasing the competitiveness of its proprietary platform, expanding content and services and innovating the user experience.
Scheduled to be released this year, the new version of NetCast will allow easy use of LG’s Smart TV ecosystem which continues to grow in both scale and sophistication. In order to improve its ease of use, the Integrated Search function has been added to enable a quick and easy one-step search process for known content and apps. Meanwhile, the new Magic Remote maximizes user convenience with the four control modes of Voice Recognition, Wheel, Magic Gesture and Pointing.
LG will continue to form strategic partnerships with 3D content providers, in order to establish the CINEMA 3D Smart TVs as the Smart TVs with the largest 3D content selection.
Enhanced Competitiveness of LCD TVs
LG’s LCD TV product lineup will be noticeably fortified. Through wider application of LG’s CINEMA SCREEN Design, a greater share of LG’s LCD TVs will be equipped with ultra-slim bezels to allow for optimized 3D viewing experiences that are more immersive and comparable to a movie-going experience. Such immersive displays will grow in size, as a greater number of LCD TVs will measure at 60 inches or greater. Meanwhile, LG will also become the industry’s first to launch an 84-inch UD TV whose resolution is four times greater than existing Full HD TVs.
Leadership in OLED TVs
In 2012, LG plans to capture and solidify an early lead in the next generation display market by becoming the industry’s first to launch an OLED TV. Following the 55-inch OLED TV’s inaugural launch in Korea, the next generation TV will be launched in other markets across the world.
Already dubbed “the future of TV,” LG’s OLED TV exhibits unparalleled picture quality and design. Meanwhile, LG’s OLED panel requires low manufacturing costs, as it is a WRGB-type display panel which is most suitable for large-screen TVs. Additionally, LG’s display panels can be manufactured with high productivity, due to their low defect rates.
LG decided to feature a 55-inch display panel for its first OLED TV, due to increasing demand for large-screen TVs and LG’s goal of leading the next generation display market. OLED TVs in the 40-inch range are also scheduled to be launched later on. Their launch dates will be determined in accordance with market developments.
Innovative Supply Chain Management
One of LG’s core objectives is to bring about greater innovation in its supply chain management. LG will accelerate its integrated management of demand forecasts, supply plans, purchasing and manufacturing. LG will also work towards reducing the lead time when working with business partners.
Furthermore, the existing completion type overseas manufacturing facilities will be strengthened, reducing tariffs, increasing logistical efficiency and internalizing core processes. In so doing, LG expects to enhance the competitiveness of its global manufacturing capability.
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LG AIMING FOR HOME APPLIANCE LEADERSHIP WITH DOUBLE DIGIT SALES GROWTH IN 2012
LG to Focus More Aggressively on Premium and
Smart Appliances and Greater Localization in Markets
LAS VEGAS, Jan. 12, 2012 –- LG Electronics (LG) revealed its home appliance business strategies for 2012 in a discussion with members of the media at the tail end of this year’s Consumer Electronics Show (CES). Moon-bum Shin, Executive Vice President and CEO of LG Home Appliance Company, announced that LG’s primary goal this year is to strengthen its business foundations so that it can achieve the top position in the home appliance category by 2014. In order to achieve the objective, LG plans to enhance its competitive advantage in the refrigerator and washing machine segments and make strong investments in smart appliances. Despite the global economic downturn, LG aims to achieve double digit sales growth rate this year.
“To accelerate our performance and growth amidst the global economic challenges, we will pursue value-oriented qualitative growth with a greater focus on products and businesses with higher profitability potential,” said Mr. Shin. “The competition is more intense but with a proactive investment strategy and progressive development of technologies with solid growth potential, we believe we can elevate the standards of the appliance market.”
On top of that, LG is pushing the boundaries of smart appliances with new and improved Smart ThinQ™ technology, offering enhanced convenience and smarter savings. The upgraded Smart Manager introduced at this year’s CES help consumers maintain their daily nutritional balance and greatly enhance convenience in the kitchen. LG’s unique Health Manager feature offers specific, nutritious meal plans and recipes of up to a week based on a family’s profile and medical conditions. Smart Shopping offers online grocery shopping directly from the refrigerator’s LCD panel, or by smartphone.
LG’s Smart Appliances, combined with the upgraded Smart ThinQ™ technology, will continue to position the company as the leader in consumer-oriented, convenient appliances. Followed by the successful introduction of four smart appliances in 2011, LG plans to gradually extend its lineup of smart appliances in the near future.
In addition, LG will continue to provide upgraded premium lines of the company’s representative energy-efficient yet large-capacity refrigerators equipped with LG’s Linear Compressor and washing machines equipped with the Inverter Direct Drive™ motor, raising the bar for the value-added products market. In 2012, LG aims to be the top selling washing machine brand in the globe for the fifth consecutive year, as it has done since 2008. Refrigerator production is expected to ten million units for the third consecutive year. Their overall productivity is expected to increase with continuous innovation.
And finally, having taken over the reins of LG’s Home Appliance business unit just one month ago, Mr. Shin feels strongly that LG’s success in history has been its ability to meet the diverse needs of consumers in different regional markets. In developed markets, LG will adhere to the energy standards of the North American, European and other developed markets by introducing washing machines equipped with the Inverter Direct Drive™ motor that consume less energy compared to conventional LG models. In emerging markets such as Central America, South America, Southeast Asia and CIS, LG will offer more specialized products that appeal to the specific demands of local consumers, such as refrigerators that operate in homes with uneven electricity supplies.
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