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    LGLG   US50186Q2021

LG ELECTRONICS INC.

(LGLG)
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LG ELEC GDR'REGS'/ : LG ANNOUNCES GLOBAL LAUNCH OF 3D WORLD, NEXT GENERATION PREMIUM 3D CONTENT SERVICE 2012-04-16

04/16/2012 | 05:48am EST

LG ANNOUNCES GLOBAL LAUNCH OF 3D WORLD, NEXT GENERATION PREMIUM 3D CONTENT SERVICE

3D World to Improve Access to High Quality 3D Content for
LG Customers and Boost Efforts to Increase 3D Content Collaboration

SEOUL, Apr. 16, 2012 -- LG Electronics (LG) announced the worldwide opening of 3D World, a premium content service that will be available to LG's CINEMA 3D Smart TV users in nearly 70 countries. With DNA from LG's original 3D Zone Smart TV app launched last year, 3D World gives LG customers access to an expansive selection of high quality 3D content via a "card on the Home Dashboard.

3D World allows customers the ability to search through high quality 3D content across numerous content categories such as entertainment, sports, documentary, kids, and lifestyle. Once the content is selected, LG's CINEMA 3D Smart TV brings it to life in beautifully rendered 3D images. The action scenes in sports become more dynamic and exciting, documentaries more realistic, educational videos in the kids' category more captivating.

Whether it's cooking, travel, fashion or any other interest, there's something for everyone. In addition to the content, LG plans to pursue further collaborations with global 3D content providers in order to bring the most sought after 3D content to LG customers.

"3D World is a critical part of LG's long-term strategy which includes controlling more of the 3D ecosystem that CINEMA 3D owners experience, said Havis Kwon, President and CEO of LG Home Entertainment Company. "With the global roll-out of 3D World, LG is demonstrating its commitment to providing diverse, high quality 3D content.

3D World will be offered in app-format for CINEMA 3D Smart TVs that were produced in 2011, while 2012 models will use the streamlined card system on the Home Dashboard.


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Financials
Sales 2021 74 260 B 61,6 B 61,6 B
Net income 2021 1 620 B 1,34 B 1,34 B
Net Debt 2021 4 500 B 3,74 B 3,74 B
P/E ratio 2021 14,1x
Yield 2021 0,96%
Capitalization 22 052 B 18 425 M 18 303 M
EV / Sales 2021 0,36x
EV / Sales 2022 0,32x
Nbr of Employees 37 337
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 26
Last Close Price 129 000,00 KRW
Average target price 178 115,38 KRW
Spread / Average Target 38,1%
EPS Revisions
Managers and Directors
Joo-wan Cho Chief Executive Officer
Byoung-hoon Kim Chief Technology Officer & Executive VP
Jong-Sang Lee Vice President, Head-Legal & Compliance Support
Joon-Geun Choi Independent Director
Dae-Hyung Kim Independent Director
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