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4-Traders Homepage  >  Equities  >  Deutsche Boerse AG  >  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

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04/16/2012 | 11:48am CEST

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 ( KRW)
Sales 2016 55 284 B
EBIT 2016 1 751 B
Net income 2016 782 B
Debt 2016 5 788 B
Yield 2016 0,89%
P/E ratio 2016 10,86
P/E ratio 2017 8,56
EV / Sales 2016 0,26x
EV / Sales 2017 0,24x
Capitalization 8 423 397 M
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LG Electronics Inc. Technical Analysis Chart | LGLG | US50186Q2021 | 4-Traders
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Consensus 
Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 64 497  KRW
Spread / Average Target 32%
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Managers
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.-5.60%7 665
SONY CORP14.37%42 248
PANASONIC CORPORATION-15.38%25 168
LG CORP--.--%10 221
LG ELECTRONICS INC.--.--%7 665
SHARP CORPORATION7.14%6 653
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