Today LG Electronics USA announced the availability of its newest premium wireless stereo headset - LG TONE ULTRA with JBL Signature Sound - through national retail channels including Amazon, AT&T, BestBuy, and Verizon Wireless.

Designed for on-the-go convenience and compatible with Bluetooth-enabled mobile devices, LG TONE ULTRA with JBL Signature Sound delivers a premium sound experience that is perfect for everyday wear at home, outdoors or at the office. Its sleek, ergonomic design makes it well-suited for everyday use.

LG Electronics (LG) will be unveiling its newest Ultra PC (Model 13Z940) as well as second generation Tab-Book 2 hybrid devices (Models 11T740 and 11T540) at the International Consumer Electronics Show (CES) in Las Vegas, running from January 7 - 10, 2014.

Featuring slimmer designs, the company's latest PC products weigh less than their predecessors and feature refined, minimalistic form factors. With upgraded capabilities and designs, all of the company's newest PC products - including the attractive All-In-One (AIO) PC model 27V740 - feature Windows 8.1 and employ LG's superior IPS display technology, ensuring stunning color accuracy, motion clarity and wide viewing angle.

LG Electronics will unveil the first-ever LG Chromebase, an all-in-one computer powered by the Google Chrome operating system, at next month's 2014 International CES. The LG Chromebase (Model 22CV241) offers the highly efficient Chrome operating system for a fast, simple, secure and affordable computing experience. Along with the unique operating system, a 21.5-inch widescreen Full HD IPS display and a raft of advanced features, this innovative new desktop computer comes packaged in a chic, space-saving design.

The LG Chromebase all-in-one computer is underpinned by a simple yet powerful architecture and comes with several outstanding Google applications. It also serves as a gateway to tens of thousands of web apps in the Chrome Web Store, many of which work just as well offline as they do online.
The LG Chromebase allows users to write emails and documents, read the latest news and Ebooks, edit videos and photos and play entertaining games. The streamlined platform makes almost any task effortless and is the perfect device for taking advantage of Google products such as Gmail, Drive, Search, Maps, YouTube, Play or
Google+ Hangouts.

At the 2014 International Consumer Electronics Show (CES), LG Electronics (LG) will break new ground with the launch of its 34-inch IPS 21:9 UltraWide (Model UM95) monitor. Also available in a 29-inch version, the UM95 will offer stunning image clarity thanks to an UltraWide QHD resolution (3440 x 1440) display.

In addition to the UM95, LG will be showcasing a number of other exciting IPS 21:9 UltraWide series monitors at CES in Las Vegas from January 7-10, 2014. Model UM65 (available in 25-, 29- and 34-inch display sizes) and model UB65 feature ergonomic designs ideal for the workplace environment. CES visitors will also be able to experience the Real 4K (Model 31MU95) and the latest Color Prime (Model 27MB85) monitors from LG. The company's newest monitors boast a long list of impressive features that make entertainment more immersive, multitasking easier than ever and work more productive. LG's exceptional IPS monitors have earned a reputation for providing superior picture quality with excellent color accuracy, motion clarity and off-axis viewing.

LG Electronics Inc. (LG) today announced third-quarter 2013 consolidated revenues of KRW 13.89 trillion (USD 12.51 billion). While competitive conditions in the TV sector and an unfavorable foreign currency exchange rate affected overall revenues compared with the 2012 third quarter, sales of mobile devices increased year-over-year by 24 percent. LG saw a 27 percent increase in third-quarter operating profit to KRW 217.80 billion (USD 196.34 million) compared with the same period last year.

The LG Home Entertainment Company reported revenues of KRW 5.01 trillion (USD 4.50 billion), a 7 percent decline from the same period a year ago, reflecting slower global TV demand and lower selling prices. Higher sales in developing markets such as Asia and the CIS region were offset by softness in Europe. Operating profit of KRW 124.40 billion (USD 111.68 million) increased both year-over-year and quarter-over-quarter as a result of more efficient management of operating and marketing expense. As it enters the holiday selling season, LG plans to expand global sales of premium products such as OLED TVs and Ultra HD TVs while continuing to carefully manage costs.

LG Electronics USA today launched two new "UltraWide" 21:9 aspect ratio* LED monitors designed to offer professional tools for effective multitasking and excellent gaming experience. Models EA73 and LN450W, which will be on sale in late September, also employ LG's advanced In-Plane Switching (IPS) technology and 2560 x 1080 resolution capability* to deliver exceptional picture quality. "Picture quality is always the number one priority when LG designs display products, but we also focus on versatility," said Tim Alessi, director of new product development at LG Electronics USA. "Our new UltraWide monitors exemplify that focus with features that make them ideal for home-office professionals, students, gamers and casual users alike."

The HSA Foundation has released Version 0.95 of its Programmer's Reference Manual. The HSA (Heterogeneous System Architecture) Foundation is a not-for-profit consortium dedicated to developing architecture specifications that unlock the performance and power efficiency of the parallel computing engines found in most modern devices. This is the first output from the HSA Foundation, who have been collaborating on this project since its founding in June 2012. It represents an important step in the development of the HSA Foundation's ecosystem because it enables software partners to develop libraries, tools and middleware and to code high performance kernels.

The Programmer's Reference Manual provides a standardized method of accessing all available computing resources in HSA-compliant systems. This enables a wide range of system resources to cooperate on parallelizable tasks. It has been specifically designed to perform in the most energy efficient way without compromising on performance. The goal is to enable a heterogeneous architecture that is easy to program, opens up new and rich user experiences and improves performance and quality of service, whilst reducing energy consumption.

LG Electronics (LG) is introducing its 2013 collection of IPS monitors, featuring new concepts such as UltraWide, ColorPrime and Touch 10, perfectly matched for entertainment, professional applications and touch-based interaction, respectively. All three models, which will be unveiled at next week's 2013 International CES, employ LG's advanced IPS (In-Plane Switching) technology to deliver exceptional picture quality and raise the bar for displays this year.

"LG has focused on blending highly specialized functions with stellar IPS technology. These three monitors will push boundaries and reshape people's expectations," said Il Geun Kwon, Senior Vice President and Head of the IT Business Unit at LG Electronics' home entertainment unit. "The UltraWide, ColorPrime and Touch 10 offer solutions for nearly every task imaginable, whether it's watching the latest blockbuster movie, performing graphic design tasks, or anything in between. With this diverse range of creative and highly advanced products, LG has definitely set the tone, and the pace, for 2013."

LG Electronics Inc. confirms that it has been imposed an administrative fine of €491,567,000 by the European Commission for allegedly infringing European competition law with regard to the sale of cathode ray tubes in the late 1990s and up to 2006. LG Electronics is currently reviewing the European Commission's decision with the intention to appeal the decision.

The European Commission contends that LG Electronics is liable for the period prior to July 2001 when it made and sold cathode ray tubes in addition to a period after that date, even though it had transferred its cathode ray tube business to LG Philips Displays, a joint venture between LG Electronics and Royal Philips Electronics NV. In 2006, LG Philips Displays went bankrupt.

LG Electronics has now announced that in Europe its newly-released 29-inch monitor, the EA93, will bear a price tag of €599 (~ $764). Set to ship in the EU at the end of this month, LG's display features an IPS panel, a native resolution of 2560 x 1080 pixels, a 5 ms (GtG) response time, 300 cd/m2 brightness, a contrast ratio of 10,000,000:1, two built-in 7 W speakers, a three-port USB 3.0 hub, and DVI, HDMI (x 2) and DisplayPort inputs.

LG Electronics (LG) today announced the launch of its EA93 UltraWide Monitor, the world's first to boast a 21:9 aspect ratio. The 29-inch screen offers ample screen real estate, a 4-Screen Split feature and 100 percent sRGB color space expression to provide better multitasking and multimedia capabilities. Designed for maximizing productivity, the monitor employs an IPS display to produce lifelike colors, making it an impressive addition to the home, office or studio.

"LG is always working to expand the definition of what technology is and how it can contribute to productivity and convenience. Whether it's for work, watching movies, playing games or anything else in between, the UltraWide Monitor enhances the multitasking and multimedia experience," said J.J. Lee, Executive Vice President and Head of the IT Business Unit at the LG Home Entertainment Company. "The cinematic proportions, diverse color range and all-around functionality of the UltraWide Monitor clearly demonstrate an ongoing commitment to innovation."

The Heterogeneous System Architecture (HSA) Foundation today announced that LG Electronics has joined as a member. LG's diverse product portfolio and industry experience are valuable additions in helping HSA and its members reach common goals, ultimately benefiting consumers. With LG Electronics on board, new possibilities emerge as the fusion of HSA and LG's current IP bring a whole new level of interactivity for consumers- from home appliances to entertainment systems, the HSA foundation acquires greater depth in the smartphone, tablets, TV, digital cameras, game consoles and even the E-reader space. This allows for an entire ecosystem of electronics that touch the lives of consumers throughout their day to be enhanced via a common Heterogeneous Systems Architecture.

The HSA Foundation continues working toward developing a single architecture specification that will unlock the performance and power efficiency of parallel computing engines found in many modern devices. These specifications also open up a more simplified approach to software development in heterogeneous environments which will enable a broad range of programmers to drive richer user experiences into their applications.

LG Electronics (LG) introduced its Touch 10 monitor (model: ET83), optimized for use with Windows 8, which was launched by Microsoft last week. Whereas conventional touchscreens enable two-finger dragging, scrolling and pinching, LG's 23-inch Touch 10 monitor allows all ten fingers to be used simultaneously. The Touch 10 monitor is an excellent choice for those looking to enjoy an enhanced touch computing experience without having to upgrade their entire PC.

"This is a compelling new product that re-imagines the touch experience and shows that LG is an industry leader in developing the next generation of touch monitor products," said J.J. Lee, Executive Vice President and Head of the IT Business Unit at the LG Home Entertainment Company. "Smartphones and tablets have already proven that consumers are ready to fully embrace touch features. Our 10-point touchscreen takes it one step further by exponentially expanding the range of interactive possibilities. We believe this technology will excite and inspire software developers and users alike."

Cambrios Technologies Corporation, the leader in nanotechnology-based solutions for the transparent and flexible conductor markets, and the CEM (Chemical & Electronic Material) division of LG Electronics (LG), today announced the world's first ClearOhm material-based 23" touch panel. The touch panel made by LG is used in the LG V325, a new Windows 8-certified All-in-One PC and LG-branded monitors that will go on sale starting this month.

LG uses ClearOhm Ink provided by Cambrios to create a coating film that is converted into touch sensor modules. ClearOhm material is ideal for large size projected capacitive touch panels for All-in-One computers such as the LG V325, as well as tablets, laptops and Ultrabooks. With ClearOhm material, LG's touch panels are lighter, thinner, stronger and more cost effective than traditional glass-based sensors. Through the partnership, LG will solidify its role in the emerging supply chain for large area touch panels using ClearOhm material.

LG Electronics (LG) today reported a solid third-quarter performance with the third consecutive quarter of positive net income and all four companies recording strong operating profits. Better-than-expected performance in the mobile and home appliance businesses helped offset a slight decline in overall year-over-year sales for the third quarter.

Third-quarter net profit of KRW 157 billion (USD 138.57 million) with operating profit recording KRW 221 billion (USD 195.06 million) showed significant improvements from the loss in the same period last year. Third-quarter revenues fell 4 percent year-over-year to KRW 12.38 trillion (USD 10.93 billion) due to the continuing decline of feature phone sales and overall weak demand.

Today LG Electronics has revealed some of its first products running Windows 8, the H160 tablet boasting a slide-out keyboard and the V325 all-in-one PC. The H160 is 15.9 mm thick, it weights 1.05 kg and features a 11.6-inch IPS touchscreen, WiFi, USB and HDMI ports, a microSD card slot, and a battery allowing for up to 10 hours of operation.

The V325 has a 23-inch (1920 x 1080) screen supporting 10-finger multi-touch, a Core i5 processor, a GeForce GT 640M graphics card, a TV tuner, and it comes bundled with a remote control. In addition to the H160 and V325 LG will also be releasing (this week), another all-in-one desktop, the ET83, and two ultrabooks, the Z355 and Z460, all pre-loaded with Windows 8 of course.

LG Electronics (LG) today unveiled its new T-Series zero client in Barcelona at Citrix Synergy, a global conference focusing on cloud computing, virtualization and networking. LG Cloud T-Series is the company's next-generation zero client available as either a monitor (CAT42K) or a standalone box (CBT42) to connect to an existing screen. Running independently, both versions employ the Citrix HDX technology and a next-generation Texas Instruments (TI) system on a chip (SoC) offering high performance with greater security through zero client.

"With the LG Cloud T-Series, we're expanding our reach into the zero client market while widening its range of VDI offerings," said J.J. Lee, Executive Vice President and Head of the IT Business Unit of LG Home Entertainment Company. "Citrix HDX Ready verified LG Cloud T-Series will be of great value to any sized enterprise as it reduces the workload of IT management and overall cost while providing full HDX capabilities for outstanding performance."

LG Electronics (LG) announced today its new Bluetooth stereo headset, the LG TONE+ (HBS-730). This feature-packed new model is the worthy successor to the LG TONE (HBS-700) which was a top-seller for popular online retailers such as Amazon.com. The LG TONE+ not only provides a richer and clearer all-round audio experience, but also supports VoLTE (Voice over LTE) calls, enabling the user to hold conversations in High Definition (HD) sound between VoLTE-capable devices.

"LG was the world's first company to demonstrate VoLTE technology and announce a VoLTE smartphone," said Paul Bae, Vice President of Marketing Center of LG Electronics Mobile Communications Company. "And today, we are still at the forefront of efforts to advance the commercialization of VoLTE as a follow up to the global expansion of LTE. In order to provide our customers with a superior user experience over 4G networks, LG will continue to raise the bar on all its mobile products, including accessories that support LTE and VoLTE."

LG Electronics (LG) unveiled two new premium IPS moni-tors today at the IFA tradeshow in Berlin, the EA93 and EA83. The EA93 is designed to enjoy variety of entertainment and the EA83 is specifically crafted to handle graphics-intensive applications. The most noticeable feature on the EA93 is the cinematic screen, a 21:9 display - the same ratio used in real movie theaters -that works as a superb solu-tion for home entertainment and multitasking. The EA83 lets consumers take advantage of Wide Quad High Definition (WQHD) resolution (2560x1440 pixels). WQHD offers ample screen real estate for power users looking to multitask and provides one of the widest color spaces available. The monitor accurately reproduces 99 percent of the Adobe RGB color palette, providing graphics experts with a superior level of imaging quality.

LG Electronics (LG) announced the global roll-out of its premium IPS7 series monitors, launching first in the Asian markets of Korea and China, including Hong Kong. The IPS7 series features LG's own CINEMA SCREEN Design, with an almost invisible bezel for an unobstructed entertainment experience and a sophisticated, modern appearance. The IPS7 series also delivers lifelike color consistency and representa-tion across a wider viewing angle, thanks to LG's own IPS technology. The addition of Mobile High-Definition Link (MHL) makes it easy to connect external devices, like smartphones, for immersive viewing on a larger screen.

"By combining CINEMA SCREEN Design and MHL functionality with the industry's leading IPS technology, the IPS7 series is able to offer stunning design and performance," said J.J. Lee, Executive Vice President and Head of the IT Business Unit of the LG Home Entertainment Company. "With the rapid growth in the number of mobile smart devices such as smartphones and tablets, the availability of content has greatly expanded. LG's IPS7 expands the user experience, enabling viewers to take full advantage of this content-rich environment."

LG Electronics (LG) unveiled a new line-up of premium personal TVs which combine a TV and a monitor in a single unit. On LG's DM2752 and M2752 monitors, users can enjoy a range of multimedia entertainment ranging from terrestrial HD broadcasting to any content served up by a PC at Full HD resolution. Both personal TVs feature IPS panels, boasting lifelike color and extremely wide viewing angles.

"With the integration of multimedia entertainment and the internet, LG is at the frontier of cutting-edge TV technology," said J.J. Lee, Executive Vice President and Head of IT Business Unit of LG Home Entertainment Company. We are developing unique personal TVs designed to meet the needs of changing consumer habits, whether that customer's passion is 3D gaming, internet browsing or simply watching their favorite sitcom."

LG Electronics (LG) unveiled its advanced P Series of cloud monitors, allowing companies to do away with desktops and laptops altogether. The new VMware-based Zero Client monitors can be networked to create a virtual comput-ing system and come packaged with Cisco's Universal Power over Ethernet (UPoE) technology, enabling centralized resources, greater system security and reduced costs.

"These monitors are a highly appealing option for the next generation workspace archi-tecture," said J. J. Lee, Executive Vice President and Head of IT Business Unit of LG Home Entertainment Company. "The P Series combines two technologies -- cloud monitor networking and IPS panels -- for a combination that offers exciting new possi-bilities in terms of efficiency in the workplace and gives LG a significant role in virtual computing."

LG Electronics (LG) announced the beta opening of LG Cloud service on May 1 with the aim of providing seamless connectivity and streaming access to all digital content across various electronic devices. Although cloud is today's hottest IT buzzwords, LG Cloud is the first that allows users to manage and consume all types of content on "three screens" which includes Android smartphones, PCs and smart TVs (including but not limited to CINEMA 3D models) without a separate set-top box.

To use the service, users need to download the LG Cloud app from Google Play or LG SmartWorld app store from their Android smartphones, LG SmartWorld store from their LG Smart TVs or the LG Cloud website from their PCs or laptops. LG's Cloud service automatically synchronizes smartphone content with the cloud server and the user's PC and TV. Photos and videos taken with the smartphone can be viewed and streamed to the PC or TV almost instantaneously. Videos edited on a PC can be uploaded to LG Cloud for viewing seconds later on a smartphone. Unlike other cloud services, there's very little waiting or lag time since the content is streamed to the TV, PC or smartphone, not downloaded first.

LG Electronics (LG) today announced the availability of a new line of monitors, the IPS4 series. These monitors feature In-Plane Switching (IPS) rather than conventional Twisted Nematic (TN) panels, allowing for superb color reproduction, exceptional picture quality and unmatched color shift-free wide viewing.

Thanks to an impressively wide viewing-angle (178 degrees), the new IPS monitors enable viewers to enjoy superb picture quality without any color shift whether sitting, standing or lying down. Smooth Color Change also eliminates blur generated from rapid motion in action scenes, sports or video games so that viewers feel less eye fatigue even during longer viewing sessions. When all of these technologies are combined, the result is a richer, more comfortable viewing experience.

One of the biggest suppliers of LCD panels to notebook and PC monitor manufacturers, AUOptronics, has been convicted by a US court on Tuesday, of price-fixing, a serious anti-competitive practice that cripples innovation and is bad for consumers and progress of the industry. The company faces fines as high as US $1 billion, which could amount to a big blow to the company that already finds itself facing losses.

AUOptronics' conviction follows the December 2011 mega-settlement of LCD makers including Samsung, Sharp, Hitachi, HannStar, and Chimei Innolux. At the time, AUOptronics and LG Electronics were the only fence-sitters. LG Electronics agreed to pay a US $400 million fine, in 2008. AUOptronics' current position is that it finds the evidence presented against it, which led to the conviction as being "distorted and incomplete," and that it will appeal against the verdict. The quantum of fine levied against AUOptronics will surface in the months ahead.