OPTIMUS ONE
G-SLATE
OPTIMUS CHAT
LG A170 / A175
LG OPTIMUS BLACK CREATES ART WITH KEITH HARING
Collaboration to Bring Pop Art Stylishness to Smartphones
SEOUL, Feb. 10, 2011 – LG Electronics (LG) is making a statement in smartphone design with a collaboration with the Keith Haring Foundation. The partnership will see artwork from the legendary American pop artist featured on LG’s Optimus Black, which at just 6 mm (at its thinnest point) and 109 grams, takes the crown as the world’s slimmest and lightest Android-powered smartphone.
“Keith Haring inspired the art world with his energetic, colorful images which are recognized by millions of people around the world,” said Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company. “We hope to capture some of that ‘joie de vivre’ through this partnership as it’s perfectly consistent with our ‘Life’s Good’ philosophy.”
LG and the Keith Haring Foundation have selected two of the artist’s works to create iconic back covers for the LG Optimus Black. This is the second time LG has worked with the foundation — in 2008 LG and the foundation collaborated on the LG KF600 and LG KF700 with the goal of bringing more art into people’s lives.
Making a bold visual statement, the LG Optimus Black offers sleek and smooth lines that are both stylish and functional. No matter how it’s held, the LG Optimus Black delivers high-quality sound as a result of an antenna designed to be completely free from physical interference.
Featuring the NOVA display, the Optimus Black provides optimal brightness and readability under any lighting conditions. The NOVA screen delivers a more natural web browsing experience by displaying truer whites while also cutting energy use by 50 percent compared to conventional LCDs. The Optimus Black also offers a more intuitive user environment where frequently used functions can be accessed directly from the locked screen with a tap, tilt or shake command. Other features include the world’s first 2 megapixel front-facing camera and Android 2.3 upgrade capability.
The LG Optimus Black will be available in black, white and other color variations in select European markets next month. Visitors to the Mobile World Congress 2011 will be able to see firsthand the Keith Haring LG Optimus Black from February 14 to 17.
For more information and product images visit www.lgnewsroom.com/MWC2011.
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INTO THE NEW DIMENSION
LG HEAT PUMP
LG TO UNVEIL WORLD’S FIRST FULL 3D SMARTPHONE AT MOBILE WORLD CONGRESS 2011
3D Recording-Viewing-Sharing of Life’s Precious Moments Anytime, Anywhere
SEOUL, Feb. 1, 2011 –- At this year’s Mobile World Congress, LG will unveil the LG Optimus 3D, the world’s first 3D smartphone offering consumers a full 3D experience right in the palm of their hands.
The LG Optimus 3D addresses the lack of 3D content issue — one of the biggest problems facing the 3D market — with a complete platform for a one-of-a-kind experience on a mobile device. LG’s most advanced smartphone to date will feature a dual-lens camera for 3D recording, a glasses-free LCD panel for 3D viewing and diverse connectivity options such as HDMI and DLNA for 3D content sharing anytime, anywhere.
Further details and a live demo of the LG Optimus 3D will be offered at Booth #8B178 at MWC in Barcelona from February 14 to 17.
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LG TO SHOWCASE ULTRA-CLEAR, ULTRA-CONVENIENT UPER NARROW BEZEL MONITOR DISPALY AT ISE 2011
47WV30 Delivers Seamless Multi-Vision Solution with High Picture Quality, Low Energy Use
Amsterdam, Feb. 1, 2011 –- LG Electronics (LG) is to unveil the perfect video wall so-lution, the 47WV30 47-inch LED super narrow bezel monitor display, at Integrated Systems Europe (ISE) 2011, the biggest AV and integrated systems tradeshow on the continent. The 47WV30 provides an almost completely seamless image thanks to its super-narrow bezel while delivering optimum picture quality, greater user convenience and outstanding cost efficiency.
“Globally, the market for multi-vision displays has been growing fast, with the 40- to 49-inch segment particularly in high demand,” said Jin-yong Kim, Senior Vice Presi-dent of LG Commercial Display & Security Division. “We’ve used all our experience and in-house technology in consumer electronics to create the 47WV30 so that we could be a front-runner in the market right from the beginning.”
With a central focus on product differentiation, the 47WV30 provides industry-leading picture quality thanks to its adoption of direct LED BLU which is superior to LCD in terms of energy saving and lighting quality. And with a 6.9 mm seam size, the slimmest on any 40- to 49-inch display, the 47WV30 can connect seamlessly with other displays for a clearer, more expansive picture. In addition, a special “shine-out film” means the 47WV30 can display crystal clear images outdoors, even in brightness as high as 4,000 lux. The 47WV30 is also a leader in cost efficiency, with low energy use, high durability and low maintenance costs. Taken together, these add up to big savings for business owners.
The 47WV30’s customized and integrated solutions make the display extremely con-venient to use and deliver tangible improvements to the workplace. In conjunction with SuperSign, LG’s digital signage software, the 47WV30 offers versatile, easily manageable displays for shopping malls, building lobbies or practically any other public places. With a depth less than 92 mm, the 47WV30 blends in with any environment, while its high resolution and zoom in and out functions make it ideal for surveillance in premises such as hospitals, security control rooms and traffic control centers.
ISE 2011 will run from February 1 to 3 at the Amsterdam RAI in Amsterdam, the Netherlands.
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LG TO UNVEIL ADVANCED SIGNAGE SOLUTION AT ISE 2011
LG EzSign TV Offers Simple, High-Tech and Customizable Solution Without
Media Player Connection
Amsterdam, Feb. 1, 2011 -– LG Electronics (LG) will unveil LG EzSign TV, its most advanced TV signage solution, at the Integrated Systems Europe (ISE) 2011 from February 1 to 3. With its superior technology, LG EzSign TV provides a cost-effective, easy-to-use solution that answers all the needs of small- and mid-sized business owners.
“We expect TV signage to create a new market when SMB shop owners are given more convenient and cost efficient options,” said Jin-yong Kim, Senior Vice President of LG Commercial Display & Security Division. “With our advanced, completely integrated LG EzSign TV technology, we’re aiming to lead in Europe and become the first stop for businesses looking for the very best in signage solutions.”
LG EzSign TV is the world’s first TV product that comes with signage functions. With its numerous free templates customized to fit the needs of different industries, customers can easily edit and develop whatever content they need using LG EzSign Editor, LG’s intuitive editing software. The free templates and the software’s simple four-step drag and drop control function make it easy for users to set up the sign themselves, meaning big savings in outsourcing costs.
USB playback offers a simple, comprehensive way to install and operate content on LG EzSign TV without the need for additional media players or a connection to an external devices such as a DVD player and PC.
With LG EzSign TV, businesses can deliver the right message at the right time.
LG TO UNVEIL ITS LATEST DIGITAL SIGNAGE TECHNOLOGY AT ISE 2011
Largest AV and Systems Show in Europe to Host Integrated Solutions from LG
Amsterdam, Jan. 31, 2011 –- LG Electronics (LG) is to showcase its latest business solutions -– including digital signage, hotel TV solution, and video conference system – at the Integrated Systems Europe (ISE) 2011 show in Amsterdam from February 1 through 3.
LG will be demonstrating all its business solutions through simulations of real-life settings in a “resort” concept of booth with various services on offer. Moving through the booth, a narrative will unfold, leading visitors from a hotel lobby to a guest room, a business conference room, a retail shop, a subway station, a pharmacy, an airport and a theater.
“We’re looking forward to showing how effective our digital signage products and business solutions are when it comes to delivering real, tangible benefits for businesses and their customers,” said Jin-yong Kim, Senior Vice President of LG Commercial Display & Security Division,. “By using these recreations of everyday scenes, our customers will know exactly how these solutions can work for them in their daily lives.”
Entering to Digital Signage Gallery
From the main entrance of LG’s booth through to its Hotel Lobby Zone, visitors can experience a range of LG’s digital displays, which will be a key part of the company’s ISE showcase. Both the information at the reception desk and the art gallery in the Hotel Lobby Zone will be showing on LG’s digital displays.
At the entrance and hotel lobby sections of LG’s booth, two of the company’s cutting-edge touch displays (models M4716T and M4214T) that are highly effective in any interior, will also be on show. With an industry-leading response time of 13.5ms, the M4716T can provide quick, easily controlled information that includes 3D imaging, making it ideal for outlets such as car dealerships.
At the digital art gallery in the hotel lobby, visitors can enjoy media art installations on LG displays such as the 72-inch LED, 65-inch LCD and narrow bezel models. The narrow bezel models boast 700cd brightness and Full-HD picture quality, providing the perfect platform for showing off these works of art.
From Shopping to Transportation
Visitors can also experience various displays at the QSR (Quick Service Restaurant) and Retail Shop Zone in LG’s booth.
LG’s Shine-Out Display, used in the shop window of the Retail Shop Zone, is ideal both for indoor and outdoor settings. By minimizing reflection from bright lights – such as sunlight – the Shine-Out Display is the perfect signage for shops and malls everywhere. Visitors will also be able to see the unique content management tool for LG’s displays in the Retail Shop Zone. With LG SuperSign, LG’s digital signage solution, sign operators can control and manage a vast amount of information from a single source.
LG EzSign TV, an easy-to-operate signage solution that works without any additional media players, will be on show at the bar in the Hotel Lobby Zone. LG EzSign TV is a cost-effective signage solution that can be run on LG’s Pro:Centric platform-based TV using a simple application. It’s easy to install and operate via a USB playback solution, and offers a free template that customers can use to edit content on their PC for viewing on their TVs.
Additionally, LG’s M3801S stretched monitor, on display at the Transportation Facility Zone, delivers an extremely effective solution for airports, subway stations, bus stop or any other businesses that need wide displays but don’t have much space. The stretched monitors are ideal as platforms for advertising, or for providing passengers with useful information such as timetables.
Perfect Hotel TV and Video Conference Systems in the Hotel Zone
In the booth’s Hotel Room Zone, LG will also be showcasing its advanced, integrated Hotel TV solutions customized to different types of hotel. LG’s Pro:Centric-based Hotel TV Solutions deliver state-of-the-art interactive functions at unbeatable costs.
In addition, LG will be unveiling two types of Video Conference System (VCS) in the Conference Room Zone, where visitors will have the opportunity for hands-on demos. The all-in-one desk type VCS features vivid screens and easy interfaces, while the room-type VCS boasts outstanding connectivity.
LG’s 65-inch LCD IWB and 60-inch PDP IWB, the ideal displays for business presentations and conferences, will also be on display in the conference room.
Experience Super Narrow Bezel in the Theater Zone
LG will unveil the perfect video wall solution, the 47WV30, 47-inch LED super narrow bezel monitor display, in the Theater Zone. With a central focus on delivering benefits to users, the 47WV30 provides industry-leading picture quality. A 6.9mm seam size, the slimmest on any 40- to 49-inch display, means the 47WV30 can connect to other displays for a clearer, more expansive picture. In addition, a special “shine-out film” means the 47WV30 will be able to display crystal clear images outdoors, even in brightness as high as 4,000 lux.
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GLOBAL TEXTING CHAMPIONS CROWNED AT LG MOBILE WORLDCUP CHAMPIONSHIP 2010-2011
Panama Team Wins USD 100,000 and Title of Fastest, Most Accurate Texters in the World
SEOUL, Jan. 26, 2011 — LG Electronics (LG) crowned the winners of the second annual LG Mobile Worldcup Championship 2010-2011 today, naming Cristina Sales Ancines, age 20, and Jennifer Sales Ancines, age 15, from Panama as the “World’s Fastest Texters.” Held at historic Gotham Hall in New York City, the new champions outlasted competitors from 16 countries through a series of rigorous texting challenges to win USD100,000 in prize money, as well as recognition the world over.
“We are thrilled to have won against the world’s best texters,” said Cristina Sales Ancines. “Meeting new friends from around the world and participating in this exciting event has been an experience that we will remember for the rest of our lives.”
A celebration of mobile culture, LG Mobile Worldcup Championship has quickly become a showcase global event, expanding from four participating countries in 2008 to 16 in 2010. Altogether, more than 13 million people have participated in the LG Mobile Worldcup since its inception.
“The LG Mobile Worldcup has left us all with a treasured moment that will last a lifetime,” said Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company. “As we look ahead, LG will continue working hard to provide extraordinary mobile experiences to our consumers with the very latest and advanced in mobile technology.”
During the competition, players demonstrated their texting skills using the New LG Chocolate BL20 and the LG TOWN GT350, which served as the two official phones for the event. Contestants from Korea placed second and took home USD 20,000, while team Brazil placed third, winning USD 10,000. In each round, contestants raced to be the first to type in phrases exactly as they appeared on nearby LG plasma screens, with no mistakes or abbreviations.
In addition to the main competition, the participants also competed for the opportunity to set a Guinness World Record® for fastest texting on a QWERTY mobile phone device. Cheong Kit Au from Australia earned a place in the record books by typing out a 264-character text in one minute and 17 seconds, beating out 2010 winner and former Guinness World Record holder, Pedro Matias, by 43 seconds.
The selection of finalists for the LG Mobile Worldcup began with a series of national texting contests in 16 countries: Argentina, Australia, Brazil, Chile, El Salvador, Guatemala, Honduras, Indonesia, Korea, Morocco, Nicaragua, Panama, Portugal, South Africa, Thailand and the U.S. Thirty two contestants were ultimately invited to New York for the grand finale.
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LG ANNOUNCES 2010 FINANCIAL RESULTS
Quarterly Results Reflect Record-High Flat Panel TV Sales,
Consistent Home Appliance Growth
SEOUL, Jan. 26, 2011 — LG Electronics (LG) today announced full year 2010 revenues of KRW 55.8 trillion (USD 48.2 billion) with net profit of KRW 1.3 trillion (USD 1.1 billion). Operating profit for full year 2010 was KRW 176.4 billion (USD 152.5 million).
Unaudited results based on IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2010 reflected strong revenues in home entertainment and home appliances, driven by an increase in flat panel TV and handset shipments, which partially offset soft performance for mobile phones during the quarter.
LG posted consolidated fourth-quarter 2010 revenues of KRW 14.7 trillion (USD 13.0 billion) a 9.4 percent increase from the third quarter of 2010. LG recorded a KRW 256.4 billion (USD 226.3 million) net loss in the fourth quarter of 2010. Overall operating profit fell but losses at the company’s mobile division also declined and a reduction in inventory resulted in improved cash flow.
LG Home Entertainment Company sales increased 15.8 percent in KRW quarter-overquarter with record-high quarterly flat panel TV sales due to strong seasonality and product leadership in developed markets. The company shipped 8.7 million flat panel TVs, reflecting a 33.0 percent increase from the same period the previous year. However, due to ASP decline as a result of intensified competition in the TV industry, earnings declined compared to the third quarter and posted an operating loss in this quarter. Annual sales reached KRW 22.1 trillion (USD 19.1 billion), jumping 12.5 percent from the previous year despite economic stagnation in developed markets.
LG Mobile Communications Company revenues increased 10.9 percent quarter-overquarter due to strong sales of smartphones such as Optimus One. A total of 30.6 million handsets were shipped in the quarter, reflecting an 8.0 percent increase over the previous quarter. In 2011, the company will focus on profitability by launching more premium smartphones and differentiated tablet PC products while regaining its cost competitiveness in feature phones
LG Home Appliance Company showed consistent strong performance with 13.7 percent growth year-over-year on sales of KRW 2.8 trillion (USD 2.5 billion) and an operating profit of KRW 78.0 billion (USD 68.8 million). Sales increased in the overseas markets due to strong holiday season sales in the North American market and continuous growth in the emerging markets. Total sales for the full year rose 11.9 percent over 2009 to KRW 10.7 trillion (USD 9.2 billion), generating solid operating margin. The company expects to maintain its market leadership in refrigerators and washing machines while expanding its linear compressor and water treatment businesses.
LG Air Conditioning Company sales increased 50.5 percent year-over-year to KRW 0.9 trillion (USD 0.8 billion) with significant growth in Middle East, Africa, Central and South America and stronger overseas commercial AC sales. Full year sales reached KRW 4.8 trillion (USD 4.2 billion), 12.2 percent higher than a year earlier. In 2010, the company will continue to place considerable resources toward its nascent solar cell and LED lighting businesses while strengthening its competitiveness for strategic air conditioning products.
LG Business Solutions Company sales increased 1.9 percent quarter-over-quarter to KRW 1.2 trillion (USD 1.1 billion) despite a decline in market demand and a lower average selling price (ASP). Annual sales posted KRW 4.8 trillion (USD 4.2 billion), rising 4.3 percent from the previous year.
2011 1Q Business Direction and Prospects
With strong leadership under the new senior management, the company will focus on strategic investment in product development and quality assurance for the long term. To prepare for future growth, the company will continue to invest in high potential businesses such as solar energy, commercial air conditioning and water treatment.
2010 4Q Exchange Rates Explained
Amounts in Korean Won (KRW) are translated into US Dollars (USD) at the average rate of the three month period in each corresponding quarter: KRW 1,133 per USD (2010 4Q) and KRW 1,169 per USD (2009 4Q). Average rate of the twelve-month period in 2010 was KRW 1,157 per USD and KRW 1,278 per USD in 2009. LG expects the exchange rate in 2011 to be KRW 1,100 per USD.
Earnings Conference and Conference Call
LG Electronics will hold a Korean-language earnings news conference on October 26, 2011 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 October 27, 2011 at 10:00 Korea Standard Time (02:00 GMT/UTC). Participants are asked to call +82 31 688 7001 and enter the passcode 50127. The corresponding presentation file will be available for download at the Investor Relations section of the LG Electronics website (http://www.lg.com/global/ir/reports/earningrelease.jsp) at approximately 13:00 Korea Standard Time on October 26. 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 2 6677 3358 and enter the passcode 026304 at the prompt.
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LG UNVEILS VISION FOR HOME APPLIANCE LEADERSHIP
Sets Sights on Becoming the Top Global Home Appliance Manufacturer by 2014
LAS VEGAS, Jan. 8, 2011 –- LG Electronics (LG) today unveiled its vision and aggressive plans for its home appliance business at the 2011 Consumer Electronics Show in Las Vegas.
LG will target double-digit growth in 2011 and push for sales of $20 billion in 2014 to position the company as the top global home appliance manufacturer. LG plans to maintain its leading position in its core business sectors such as washing machines and refrigerators while building a foundation for growth in new business areas including water treatment and built-in appliances, or premium kitchen packages.
“This year will be the beginning of a new era of home appliances. By that I mean that we have reached the tipping point where appliances are now run entirely by CPUs and computer code,” said Young-ha Lee, President and CEO of the LG Electronics Home Appliance Company. “Just as automobiles became rolling computers a decade ago, home appliances are experiencing the same transformation. As one of the few companies that’s involved in the core technologies behind consumer electronics and home appliances, I’m enthusiastic about LG’s opportunities to drive the transformation of smart appliances over the next few years.”
For 2011, LG will concentrate on highlighting and differentiating its core technologies such as the Inverter Direct Drive™ for its washing machines and Linear Compressor for its refrigerators. In addition, by raising the energy efficiency of its core technologies by more than 30 percent over existing appliances, LG plans to meet and exceed ever-stricter environmental regulations in markets around the world, including North America and Europe.
Lee said that LG will continue to build on its leading position in built-in appliances in the United States and in European countries, targeting annual sales of KRW 1 trillion by 2015.
From a regional perspective, LG will further strengthen its premium image in advanced regions such as in the U.S. and European countries by working closely with clients and partner companies to deliver accurate sales forecasts and streamline supply logistics. For emerging markets including Brazil and Africa, LG plans to build market share by tailoring products to meet local consumer needs.
At this CES 2011, LG introduced its complete range of smart solutions based on its groundbreaking new THINQ™ technology. Comprised of five key features -– Smart Grid, Smart Diagnosis™, Smart Access, Smart Adapt and Food Management -– LG THINQ Technology offers a complete smart solution that lets consumers manage their homes in a more centralized and convenient way. The company also presented its plans to launch new products that employ smart grid technologies in 2011 in anticipation that they will help deliver consumer benefits and establish a platform for LG’s future green growth.
For more information and product images, please visit LG’s online press kit at www.lgnewsroom.com/CES2011.