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

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LG ELEC GDR'REGS'/ : LG EXPANDS GLOBAL LTE SMARTPHONE FOOTPRINT WITH ROLL-OUT OF OPTIMUS TRUE HD LTE IN EUROPE AND ASIA 2012-04-27

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04/27/2012 | 11:01am CEST

LG EXPANDS GLOBAL LTE SMARTPHONE FOOTPRINT WITH ROLL-OUT OF OPTIMUS TRUE HD LTE IN EUROPE AND ASIA

Popular LTE Phone From LG Available In Three Continents Worldwide

SEOUL, April. 27, 2012 -- LG Electronics (LG) will expand its LTE smartphone footprint with the launch of Optimus True HD LTE in new markets across Europe and Asia: Germany, Portugal, Sweden, Hong Kong and Singapore.

First launched in Korea and now available in Japan, Canada and the US, Optimus True HD LTE is LG's flagship LTE device. The phone has been recognized for its HD multimedia capabilities and beautiful 4.5-inch 1280 x 720 (16:9 ratio) True HD IPS display. To ensure peak performance, the Optimus True HD LTE runs on a 1.5GHZ dual-core processor and includes an 8MP camera to provide users with a truly best-in-class user experience. The device will receive an upgrade to Android 4.0 Ice Cream Sandwich.

"The mobile industry is evolving around LTE technology which has demonstrated its capability when it comes to speed, efficiency and reliability," said Dr. Jong-seok Park, President and CEO of LG Electronics Mobile Communications Company. "With the Optimus True HD LTE, we want customers to understand that LTE isn't just about the network and that all LTE phones are not alike."

With the greatest number of LTE patents under its belt, LG showcased the world's first voice-to-video conversion over a LTE network at this year Mobile World Congress (MWC). Since demonstrating the world's first LTE technology demonstration in 2007, LG has continued its efforts in this area by developing the world's first LTE modem chipset in 2008 and the world's fastest LTE speed in 2010.

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Financials ( KRW)
Sales 2017 59 497 B
EBIT 2017 2 606 B
Net income 2017 1 772 B
Debt 2017 4 853 B
Yield 2017 0,58%
P/E ratio 2017 7,35
P/E ratio 2018 7,95
EV / Sales 2017 0,29x
EV / Sales 2018 0,27x
Capitalization 12 580 454 M
Chart LG ELECTRONICS INC.
Duration : Period :
LG Electronics Inc. Technical Analysis Chart | LGLG | US50186Q2021 | 4-Traders
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 82 557  KRW
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Do-Hyun Jung Co-President, Co-CEO, CFO & Director
Jun-Ho Jo Co-President, Co-CEO & Director
Seong-Jin Cho Co-President, Co-CEO & Director
Jong-Sik Kim COO & President-Executive Board
Skott Ahn President-Executive Board & CTO
Sector and Competitors
1st jan.Capitalization (M$)
LG ELECTRONICS INC.34.43%11 032
SONY CORP28.65%48 743
PANASONIC CORPORATION22.77%32 694
SHARP CORPORATION35.19%16 592
LG CORP--.--%12 289
LG ELECTRONICS INC.--.--%11 032