PRESIDENT NASHEED PANEL INSTALLATION

LG Electronics (LG) announced today that its donated solar modules were installed on the official residence of the president of the Maldives as part of a major global effort to fight climate change. LG’s effort is part of the 10/10/10 Project, a worldwide effort coordinated by 350.org, an international environmental organization, to reduce greenhouse gases. The panels were installed on the president’s official residence, Mulee Aage Palace, on October 7, the same week US President Barack Obama’s office announced plans to install solar panels on the White House by early next year.

MALDIVES PRESIDENT GOES SOLAR WITH HELP FROM LG

Mohamed Nasheed, president of the Maldives, helps install one of LG’s solar panels on the roof of the president’s official residence, Mulee Aage Palace.

 

LG Partners with Government, NGO in Environmental Initiative to Combat Global Warming

 

SEOUL, Oct. 7, 2010 –- LG Electronics (LG) announced today that its donated solar modules were installed on the official residence of the president of the Maldives as part of a major global effort to fight climate change. LG’s effort is part of the 10/10/10 Project, a worldwide effort coordinated by 350.org, an international environmental organization, to reduce greenhouse gases. The panels were installed on the president’s official residence, Mulee Aage Palace, on October 7, the same week US President Barack Obama’s office announced plans to install solar panels on the White House by early next year.

“It is a tremendous honor to be part of this campaign to demonstrate how the private and public sectors can work together with NGOs to help raise awareness of the critical issue of global warming,” said Hwan-yong Noh, CEO of LG Air Conditioning Company. “The Republic of Maldives has been at the forefront of the movement for nations to take more responsibility for the environment so it’s a fitting location to demonstrate the role renewable energy can play in our lives.”

An established leader in consumer electronics and appliances, LG is also a growing player in total energy solutions, which employs the latest in energy-saving technologies, such as solar and LED lighting, to make buildings and spaces as eco-friendly as possible.

Mulee Aage Palace has been fitted with 48 of LG’s 240W modules, enough to produce 11 kilowatts (kW) of solar power, whereas solar systems in an average household will provide between 3 and 5kW of power. It is expected that the system will save Mulee Aage more than $300,000 over the lifecycle of the solar panels.

The Maldives already suffers from water shortages and the erosion of its seashore, two phenomena widely attributed to climate change. Over the last century, sea levels surrounding the island nation have risen about 20 centimeters, threatening the existence of the Maldives, already one of the lowest countries in thee world at only 1.5 meters above sea level. President Mohamed Nasheed, the country’s president and an outspoken environmental campaigner, has long urged world leaders to adopt stronger measures against climate change, and holds the title for hosting the first underwater cabinet meeting in the world to draw attention to the dangers of global warming.

 

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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 82,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1™ and a Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.

About LG Electronics Air Conditioning Company
The LG Electronics Air Conditioning Company is a global total heating, ventilation and air conditioning (HVAC) and energy solution company providing Residential Air Conditioning (RAC), Commercial Air Conditioning (CAC), Solution, Solar Energy and Lighting around the world. LG AC offers a wide range of products from consumer and individual units to industrial and specialized B2B solutions. Through its innovative technology, heavy investments in R&D and superb marketing strategies, LG has broken its own sales records every year since 2000, thus cementing its place as the global leader of the HVAC industry.

 

Media Contacts
Nanako Kato
LG Electronics Corporate Communications
+822 3777 3918
lgpr@lge.com

LG’S FIRST LED IPS MONITOR OFFERS PERFECT BRAND OF ADVANCED LED AND IPS

SEOUL, Oct. 5, 2010 – LG Electronics Business Solutions (LG) today introduced its new LED IPS monitors, the IPS1 and IPS6 series, that combine IPS and LED, two technologies in which LG is already an established leader. The IPS1 and IPS6 series boast exceptionally real colour, high uniformity of brightness and truly dazzling picture quality.

“LG has been a pioneer and leader of IPS panel development and we’re excited to have applied this new technology so successfully to our new monitors,” said Brian Kwon, Vice President of LG Business Solutions Company. “With advantages from both of these advanced technologies, LG’s IPS monitors will take the monitor industry in exciting new directions.”

Realistic Colour, Stable Brightness, Brilliantly Vivid

An alchemic convergence of IPS and LED, the new IPS1 and IPS6 monitor series deliver supremely advanced monitor picture quality without any colour shift along with a wide viewing angle. Answering the need for the premium panel of the market, LG’s new LED IPS monitor uses IPS panel instead of TN  to overcome the limit of viewing angle and provide a real colour.

As a leader in the emerging IPS technology -– which has been drawing increasing attention for its ability to reduce eye fatigue -– LG has been able to harness all the advantages of IPS and use them in its IPS monitor series. Using premium IPS panels, LG’s IPS1 and IPS6 monitors provide stable colour and a high uniformity of brightness at any viewing angle, making them ideal for editing video and graphics, as well as watching movies or playing games. The IPS6 series also boasts a low GtoG response time difference, meaning viewers will feel less eye fatigue even when watching for long periods.

What’s more, LG’s LED IPS monitors have all the advantages from LG’s original LED monitor technology -– pictures greatly enhanced by a mega contrast ratio, a complete lack of harmful substances, and a significantly slimmer depth than on regular LCD monitors.

At the same time, the IPS1 series boasts enhanced colour accuracy making it the perfect choice for graphic designers.

Energy Efficiency with Premium Design

The new monitors’ advantages continue to stack up with their high energy efficiency, resulting in cuts in energy use of up to 27 percent compared with other models. In recognition of their efficiency, the IPS6 monitors have EnergyStar Certification.

Developed with consumers in mind, the IPS6 series boasts a slim and sleek design, with a depth of just 19.5mm on 20-23 inch screens, that makes it a delight to look at. A gorgeous transparent neck with distinctive colouring and a wine glass shape accentuate the stylish, upscale appearance. And as a final touch, the monitors boast a 3D power knob with an arresting silver-chrome finish.

Specifically designed for the office, the IPS1 series boasts an ergonomic design that makes it ideal for using at work. Its 110mm height-adjustable stand, which can pivot, tilt and swivel, enables users to adjust the direction of the monitor screen to their convenience. Also, with its built-in hidden speakers, the IPS1 takes up the minimum of space on office desks.

A new type of premium monitor with all the advantages of LED and IPS technologies, LG’s brand new IPS1 and IPS6 monitor series will be available from.

Specifications:

 IPS206T

IPS226V

IPS236V

  Panel

IPS, LED BLU

IPS, LED BLU

IPS, LED BLU

Screen Size

20W

21.5W

23W

Native Resolution

1600 x 900

1920 x 1080

1920 x 1080

Brightness

(cd/m2, Typ.)

250

250

250

Contrast Ratio (DFC)

5000000:1

5000000:1

5000000:1

Viewing Angle (Ver./Hor.)

178/178

178/178

178/178

Response Time

(G to GBW)*

6ms

6ms

6ms

PC Interface

D-sub, DVI-D

D-sub, DVI-D, HDMI

D-sub, DVI-D, HDMI

Control Key

Front (Touch)

Front (Touch)

Front (Touch)

Speaker

No

No

No

Stand

Simple

Simple

Simple

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LG AND MICROSOFT ENTER INTO STRATEGIC PARTNERSHIP: LG NETWORK MONITOR TO ADDRESS NEW COMPUTING SCENARIOS

Kwon Soon-hwang, president and CEO of Business Solutions company at LG, and Steve Guggenheimer, corporate vice president of the OEM division at Microsoft, sign up for the strategic partnership

 

With Microsoft Windows MultiPoint Server and RemoteFX , LG targets B2B Markets

 

SEOUL, Sep. 30, 2010 –- LG Electronics (LG) and Microsoft today signed a license agreement to collaborate on the development and marketing of the LG Network Monitor1, a multi computing solution with Windows MultiPoint Server (WMS) and RemoteFX. This signifies an important milestone for the two companies and their joint efforts to advance integrated network monitor solutions in centralized desktop computing environment.

Under the agreement, LG will introduce a new line of Network Monitor with RemoteFX in mid-2011, placing LG at the center of the fast-growing B2B cloud computing market. The strategy will also allow LG to significantly expand its presence into enterprise and mid-markets in order to address customer needs for session virtualization and VDI (Virtual Desktop Infrastructure).

Soon Kwon, President and CEO of LG Electronics Business Solutions Company, said: “With Microsoft’s unrivaled background in OS development and LG’s proven multi computing technology, this collaboration will help LG expand its monitor solutions and position LG as a leader in the business cloud computing market.”

“LG’s support of the Windows platform and continued advancements in their integrated network monitors will drive new computing experiences into enterprises looking at virtualization,” said Steve Guggenheimer, Corporate Vice President of the OEM Division at Microsoft. “We look forward to continued collaboration with LG and the evolution of monitors into centralized computing environments.”

LG’s Network Monitor will use Microsoft’s WMS 2010 which will allow schools to provide more students with individualized Windows experiences at lower total cost of ownership. In addition, LG Network Monitor working with Microsoft WMS 2010 is designed to be simple enough for a teacher without technical skills to set-up and manage student stations. For multilingual needs, each student can also work independently on a Network Monitor connected to a WMS host in a different language.

One of the major sectors for LG’s Network Monitor is education, a market that is expected to grow to 20M units (per seat) by 2015. LG will aggressively pursue opportunities for its Network Monitor using WMS 2010 in the global education solutions market, with a goal of capturing 25 percent of the market by 2012 to become the industry leader.

LG and Microsoft are also teaming up to develop an integrated Network Monitor with RemoteFX functionality. As the RemoteFX platform gains significantly enhanced security and management functions, its use in conjunction with LG’s advanced Network Monitor technology will enable LG to expand its monitor solutions to cloud computing in the enterprise market. Cloud computing is virtual-based computing which allows users to access the exact infrastructure, platform and software services they need via the internet in a market expected to grow 1.2M units by 2012.

 

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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 80,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1™ and a Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.

About LG Electronics Business Solutions Company
LG Electronics Business Solutions Company is the leading providers of business solutions, creating optimal products for companies and individuals. LG offers innovative products, LED LCD monitors, commercial displays, security solutions and car infotainment systems, as well as integrated solutions that take advantage of LG’s expertise in hardware, software, content and systems, and are tailored to the particular needs of different business environments.

Contact Details
Seye Im
LG Electronics, Inc.

Corporate Communications
+822 3777 3631
seye.im@lge.com
www.lg.com/press

LG ELECTRONICS APPOINTS NEW EXECUTIVES

Incoming Vice Chairman Koo Names New Heads of TV, Mobile, R&D

 

SEOUL, Oct. 1, 2010 –- LG Electronics (LG) announced today the appointment of new executives to lead its Home Entertainment and Mobile Communications companies, effective immediately.

Incoming LG Electronics Vice Chairman Bon-joon Koo tapped Executive Vice President Havis Kwon to lead the company’s Home Entertainment (HE) Company and current head of mobile R&D, Dr. Jong-seok Park, to head-up LG’s Mobile Communications (MC) Company.

Havis Kwon, 55, has led Home Entertainment’s LCD TV division since 2007. He first joined LG Electronics (then GoldStar) in 1980. During Mr. Kwon’s tenure, LG became the second largest flat-panel TV company in the world. In addition to TVs, Mr. Kwon has held executive positions overseeing LG personal computer products as well. He graduated from Korea University in 1981 with a Bachelor’s Degree in electrical engineering.

 

Jong-seok Park, 52, is a 30-year veteran of LG Electronics and previously headed LG’s mobile phone R&D operations. Mr. Park also has 17 years of experience in digital TV research and development. A graduate of Seoul National University and Korea Advanced Institute of Science and Technology (KAIST), Mr. Park received his M.B.A. from McGill University in Canada and a Ph.D. in electrical engineering from University of Florida, U.S.A.

 

Dr. Skott Ahn, formerly President and CEO of LG’s MC Company, will take over the role of Chief Technology Officer (CTO) while Dr. Woo Paik, the outgoing CTO, takes on a newly-created role at LG responsible for identifying and developing new business aligned with technology.

# # #

 

About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 80,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1™ and a Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.

Contact Details
Ken Hong
LG Electronics, Inc.

Corporate Communications
+822 3777 3626
ken.hong@lge.com
www.lg.com/press

 

Nanako Kato
LG Electronics, Inc.

Corporate Communications
+822 3777 3918
nanako.kato@lge.com
www.lg.com/press

LG CELEBRATES “THE WORLD ON YOUR TABLE” AT THE LIFE TASTES GOOD CHAMPIONSHIP GLOBAL FINAL

Participating chefs and LG executives posing for a group photo on the stage of the LG Life Tastes Good Championship 2010

 

Together with the Seoul Metropolitan Government,

LG Salutes Global Culinary Culture through Its New Line of Cooking Appliances

SEOUL, Sep. 30, 2010 -– LG Electronics (LG) held its third Global Final of the Life Tastes Good Championship (LTGC), its annual contest for amateur chefs in Seoul, Korea on September 29. A total of 25 teams comprised of 40 chefs from around the world showed off their home cooking skills using LG’s latest cooking appliances, making this the biggest LTGC Global Final ever.

Under the theme of “The World on Your Table”, participating chefs who won national and regional titles in 22 countries across the all continental from North America, South and Central America, Europe, the CIS and Asia to MEA created a range of unique savory dishes with ovens equipped with LG’s latest Lightwave Technology. Caroline Boutoille from France, who produced barbecued pork tenderloin with rosemary, mashed cauliflower and broccoli meal, frozen vegetables, red pepper emulsion, picked up the LG Global Grand Master Chef Prize and received the LG LTGC Global Final 2010 Trophy, an LG Lightwave Oven and voucher for an F1 Abu Dhabi Grand Prix Package.

This year, LG joined hands with the Seoul Metropolitan Government to co-host the LTGC and a series of four-day culinary programs that lasted from September 27 to 30. The aim was to support the city’s greater effort to raise awareness and promote further understanding of Korean cuisine to further accelerate its globalization. Guests from around the world not only were inspired by the enlightening presentations by Guy Martin, a Michelin-started-chef from France, and Korea’s own Edward Kwon, both members of this year’s LTGC Chef Board, but also had the exciting opportunity to witness and taste some of the world’s extraordinary culinary creations by these top celebrity chefs that captivated both the palate and the eyes.

The professional and amateur chefs relied on LG’s innovative cooking appliances to create their culinary miracles. Guy Martin amazed the crowd by showcasing the Guy Martin Signature Line, a series of 80 pre-programmed recipes on LG’s MontBlanc,  built-in oven, while LTGC contestants showed off their cooking skills using LG’s new Lightwave Oven which delivers healthier, tastier cooking in a more eco-friendly way. LG cooking appliances bring more smiles to the kitchen by enabling home chefs to easily deliver “The World on Your Table” at chef quality.

“This year’s Life Tastes Good Championship was yet another huge success, bringing The World on Your Table to life through LG’s latest and innovative cooking appliances,” said Young-ha Lee, President and CEO of LG Electronics Home Appliance Company. “LG will spare no effort in enriching people’s lives around the world by developing cutting-edge cooking appliances with smarter technologies and continuing to improve this annual event with different themes every year.”

The show came to an end with the announcement of USA as the venue for the next LTGC global final and lively conversation and uplifted smiles lingering for a long time.

 

For more information: www.lg.com/cooking

 

Two chefs and one LG executive pose at the front of the stage with the LG microwave and cooking oven

 

# # #

About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 80,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1™ and a Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.

About LG Electronics Home Appliance Company
The LG Electronics Home Appliance Company is an innovator in the home appliance industry, dedicated to offering healthier and greener products, blending smart technology and trend-setting design and providing a complete solution for improving daily life. LG’s insightful products, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, and built-in appliances, are designed to resonate with consumers around the world. LG’s innovative technologies and convenient features, including the world’s first interactive refrigerator, steam washing ma-chine and combination oven and microwave, set new trends in the appliance industry, helping to establish LG as a global leader

Media Contact:
LG Electronics, Inc.
Corporate Communications
Nanako Kato
+822 3777 3918
Nanako.kato@lge.com
www.lge.com/press

J.D. POWER AND ASSOCIATES NAMES LG MOBILE PHONES “HIGHEST IN CUSTOMER SATISFACTION” FOR THE FOURTH CONSECUTIVE TIME

LG continues to lead the market in key factors of customer satisfaction and raises the bar in overall brand satisfaction

SAN DIEGO, September 24, 2010 –- LG Mobile Phones has received the Highest in Customer Satisfaction with wireless mobile phones by J.D. Power and Associates for the fourth consecutive time. Recognized in the J.D. Power and Associates 2010 U.S. Wireless Traditional Mobile Phone StudySM — Volume 2, LG has been ranked highest in overall customer satisfaction performance and in three categories among traditional mobile phone manufacturers.

A biannual study conducted by J.D. Power and Associates, customer satisfaction with traditional wireless handset is measured across several categories including operation, physical design, features and battery function. In addition to ranking highest in three factors considered throughout the study, LG significantly outperformed competitors by also ranking well above the industry average in overall satisfaction. Highest LG rankings for performance features included operation, features, physical design and battery function.

“LG is committed to working with our customers to find new and innovative ways to better serve their needs,” said Ehtisham Rabbani, corporate vice president of marketing and innovation for LG Mobile Phones. “To be recognized by J.D Power and Associates for a fourth consecutive time is truly a great honor and we look forward to building even stronger relationships with our consumers in the future.”

The J.D. Power and Associates 2010 U.S. Wireless Traditional Mobile Phone StudySM – Volume 2 recognizes one manufacturer, on a biannual basis, for their performance in customer satisfaction.  The award is a result of findings based on a survey of U.S. consumers, according to J.D. Power and Associates. J.D. Power and Associates is a global marketing information company that represents the voice of the customer.

 

For more information, please visit the following URL.

http://www.jdpower.com/Electronics/ratings/traditional-mobile-phone-ratings-(volume-2)/

 

# # #

 

About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 80,000 people working in more than 115 operations including 84 subsidiaries around the world. With 2009 global sales of USD43.4 billion, LG is comprised of five business units –- Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is the world’s leading producer of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner and a Technology Partner of Formula One™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lgusa.com.

About LG Electronics Mobile Communications Company
LG Electronics Mobile Communications Company is a leading global mobile communication and information company. LG creates handsets that provide an optimized mobile experience to customers around the world with its cutting-edge technology and innovative handset design capabilities. Increasingly, LG is pursuing convergence technology and mobile computing products. LG will continue to take leadership in the mobile communication environment with stylish designs and smart technology. For more information, please visit www.lgmobilephones.com.

About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction. The company’s quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

CONTACT:
LG MobileComm U.S.A., Inc.
Demetra Kavadeles
(707) 328-5307
demetra.kavadeles@lge.com

LG-One
Jackie Johnson
(310) 248-6192
jacqueline.johnson@lg-one.com

LG ANNOUNCES INTENTION TO ENTER WATER TREATMENT BUSINESS

SEOUL, Sep. 16, 2010 –- LG Electronics (LG) announced today that it will enter the water treatment market to help combat global water supply issues and to move further toward becoming a more environmentally sustainable business. LG will invest more than USD 400 million over the next decade with the goal of generating USD 7 billion in revenue by 2020, in the process becoming a top 10 global water treatment company.

Much of the investment will go toward acquiring the right technology and building up research and development in this field.

“Water affects every aspect of our lives, yet almost one billion people around the world don`t have clean drinking water and more than 2.5 billion still lack the most basic sanitation,” said Young-ha Lee, President and CEO of the LG Electronics Home Appliance Company. “LG hopes to be able to make a small but significant contribution to alleviating this global problem with its commitment to finding solutions through innovation and technology.”

LG will concentrate its R&D on developing an advanced membrane filtration system, its core technology and key component of water treatment solutions. LG will also expand its internal capabilities with the additional hiring of membrane filtration experts and process engineers. The company will also be pursuing various types of partnerships, mergers and acquisitions as part of its strategy to expand quickly.

LG will begin with industrial water treatment and expand its coverage into sewage and drinking water treatment. The company eventually plans to enter the business of water treatment engineering and procurement as well as operation and maintenance across the municipal sector.

“The global water crisis isn’t going to go away by itself – governments, citizens and corporations will all have to work closely together,” said Mr. Lee. “The water business has been growing by an annual rate of 15 percent so there’s an incentive for companies to invest in finding solutions, but beyond the business, I think this is one problem where LG’s experience and commitment to finding sustainable solutions will be a huge advantage.”

 

# # #

 

About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 80,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1™ and a Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.

About LG Electronics Home Appliance Company
The LG Electronics Home Appliance Company is an innovator in the home appliance industry, dedicated to offering healthier and greener products, blending smart technology and trend-setting design and providing a complete solution for improving daily life. LG’s insightful products, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, and built-in appliances, are designed to resonate with consumers around the world. LG’s innovative technologies and convenient features, including the world’s first interactive refrigerator, steam washing ma-chine and combination oven and microwave, set new trends in the appliance industry, helping to establish LG as a global leader

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