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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 CEST

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 2017 58 748 B
EBIT 2017 1 941 B
Net income 2017 1 068 B
Debt 2017 5 138 B
Yield 2017 0,59%
P/E ratio 2017 12,28
P/E ratio 2018 10,86
EV / Sales 2017 0,30x
EV / Sales 2018 0,28x
Capitalization 12 343 841 M
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Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 65 958  KRW
Spread / Average Target -8,6%
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NameTitle
Do-Hyun Jung Co-President, Co-CEO, CFO & Director
Jun-Ho Jo Co-President, Co-CEO & Director
Sung-Jin Cho Co-President, Co-CEO & Director
Jong-Sik Kim COO & President-Executive Board
Skott Ahn President-Executive Board & CTO
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LG ELECTRONICS INC.--.--%11 060
LG CORP--.--%11 050
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