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4-Traders Homepage  >  Equities  >  Deutsche Boerse AG  >  LG Electronics Inc.    LGLG

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LG ELEC GDR'REGS'/ : LG ADDS ADVANCED FEATURES TO OPTIMUS 3D WITH ENHANCED GINGERBREAD UPGRADE 2011-11-15

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11/15/2011 | 08:26am CET

Latest Upgrade Empowers Users with Powerful 3D and Multimedia Options

SEOUL, Nov. 15, 2011 -- The enhanced Android 2.3 Gingerbread upgrade developed  for LG Optimus 3D will include new and improved features such as enhanced network  speed, better 3D experience and improved multimedia functions.

LG's customized Gingerbread upgrade for Optimus 3D will not only include  improvements from Google such as enhanced power management, advanced copy/paste  and user interface (UI) improvements, but also enhancements from LG, such as: 

Enhanced HSPA+ Speed via Faster Packet Data Services -- Internet browsing and  real-time streaming have become smoother and more seamless with up to 21Mbps  HSDPA;

Enriched 3D Experience with 3D Video Editor and Full-screen UI Preview -- With  3D Video Editor, users will be able to easily create and edit 2D as well as 3D movies on  their Optimus 3D. The preview screen has become wider with a transparent UI,  enabling users to capture better quality 3D content;

Improved Multimedia with 2D Video Stabilization and Faster Gallery Activation --  Optimus 3D owners will now be able to record high quality video in 2D mode with the  video stabilization feature, previously only available in 3D mode. Gallery loading time  has also been reduced.

"These enhanced features included in our customized Android 2.3 upgrade will allow  users to further integrate 3D into their everyday lives, as we make the technology more  accessible and enjoyable on smartphones," said Dr. Jong-seok Park, President and CEO  of LG Electronics Mobile Communications Company. "We believe that 3D is here to  stay and glasses-free 3D on portable devices is to experience the future."

The upgrade will also include additional features such as improved video recording and  longer MP3 playback time. The upgrade will be available starting in Europe from the  Open model in the week of November 21, followed by other markets until the end of the  year.

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Financials ( KRW)
Sales 2016 54 714 B
EBIT 2016 1 574 B
Net income 2016 541 B
Debt 2016 6 018 B
Yield 2016 0,91%
P/E ratio 2016 15,61
P/E ratio 2017 9,49
EV / Sales 2016 0,26x
EV / Sales 2017 0,24x
Capitalization 7 977 776 M
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Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 59 497  KRW
Spread / Average Target 28%
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NameTitle
David Jung President, Co-CEO, CFO & Director
Bon-Joon Koo Vice Chairman & Co-Chief Executive Officer
Jong-Sik Kim COO & President-Executive Board
Skott Ahn President-Executive Board & CTO
Chong-Nam Chu Outside Director
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Sector and Competitors
1st jan.Capitalization (M$)
LG ELECTRONICS INC.-13.66%6 837
SONY CORP7.10%35 244
PANASONIC CORPORATION-1.75%26 022
LG CORP--.--%8 552
SHARP CORPORATION50.79%8 338
LG ELECTRONICS INC.--.--%6 837
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