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LG TO OFFER LTE TDD SMARTPHONES IN TARGET MARKETS

Optimus G Posed to Expand LG's LTE TDD Footprint This Month



SEOUL, May 09, 2013 – Following the successful demonstration of its Long Term Evolution Time Division Duplexing (LTE TDD) service at Mobile World Congress (MWC) 2013, LG Electronics (LG) will today commence the worldwide rollout of LTE TDD capable smartphones. Starting in the Kingdom of Saudi Arabia with its flagship Optimus G smartphone on the Saudi Telecom Company (STC) network, LG will introduce LTE TDD devices this year in China, India, North America, Japan and Australia with additional countries to follow.

"LTE TDD is a superior alternative in some countries due to its flexibility in uploading and downloading content," said Dr. Jong-seok Park, President and CEO of the LG Electronics Mobile Communications Company. "We're excited to offer consumers LTE TDD capable smartphones based on our unparalleled knowhow in 4G LTE technologies. With the commercial introduction of LTE TDD service, LG will build upon its expertise in 4G LTE by offering future device options utilizing this standard."

LTE TDD allows receiving and transmitting to occur on the same frequency at different times, unlike Long Term Evolution Frequency Division Duplexing (LTE FDD) which assigns two different frequencies for transmitting and receiving data. This means LTE TDD works more like home broadband, with a narrow band for uploading and a wider one for downloading heavier content such as video and music for more efficient transmission of data.

According to Yankee Group, markets including China, India, Europe and the United States will account for more than 134 million registered LTE TDD lines by 2016.

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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 87,000 people working in 113 offices around the world. With 2012 global sales of USD 45.22 billion (KRW 50.96 trillion), LG comprises four business units – Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solution – and is one of the world's leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2013 ENERGY STAR? Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

About LG Electronics Mobile Communications Company

The LG Electronics Mobile Communications Company is a global leader and innovator in mobile communications. With its breakthrough technologies and innovative designs, LG continues to establish a number of benchmarks in the smartphone market, while also helping create a better lifestyle for consumers by delivering a wholly enhanced smartphone experience. As a leader in 4G Long Term Evolution (LTE) technology, LG continues its commitment to developing groundbreaking LTE technologies and fulfilling consumer demands with differentiated LTE devices of the highest quality, all of which are based on the company's wealth of LTE patents and technical knowledge. For more information, please visit www.lg.com.