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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 CET

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 2016 54 714 B
EBIT 2016 1 574 B
Net income 2016 541 B
Debt 2016 6 018 B
Yield 2016 0,92%
P/E ratio 2016 15,49
P/E ratio 2017 9,42
EV / Sales 2016 0,25x
EV / Sales 2017 0,24x
Capitalization 7 923 077 M
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LG Electronics Inc. Technical Analysis Chart | LGLG | US50186Q2021 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 59 497  KRW
Spread / Average Target 29%
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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.-15.07%6 774
SONY CORP6.83%34 963
PANASONIC CORPORATION-1.59%25 923
LG CORP--.--%8 458
SHARP CORPORATION52.38%8 380
LG ELECTRONICS INC.--.--%6 774
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