LG ELECTRONICS HONORED WITH RECORD NUMBER OF CES 'INNOVATIONS' AWARDS

LG Electronics took top honors among consumer electronics manufacturers, receiving 17 prestigious "CES 2004 Innovations" awards at the 2004 International Consumer Electronics Show (CES).

LAS VEGAS, Jan. 8, 2004 - LG Electronics took top honors among consumer electronics manufacturers, receiving 17 prestigious "CES 2004 Innovations" awards

at the 2004 International Consumer Electronics Show (CES). The high -profile industry recognition coincides with the U.S. debut of LG's broad line of digital television products, including plasma and liquid crystal displays (LCDs), digital HDTV receivers and digital recorders.

Innovations Awards are selected by a panel of prominent industry designers, engineers and journalists, who judge more than 750 product entries on the following criteria: user value, aesthetics, innovative design, quality and contributions to the quality of life. Sponsored by the Consumer Electronics Association (CEA) and endorsed by the Industrial Designers Society of America (IDSA), the Innovations Awards highlight product advancements in technology design and engineering. Winning entries are showcased at CES, Jan. 8 -11, 2004.

LG's Innovations Awards underscore the breadth of the company's design and engineering capabilities, particularly in the video category, with winners ranging from plasma and LCD -based integrated high -definition television (HDTV) sets to a rear -projection HDTV and digital HDTV set -top box with built -in digital video recorders (DVRs), from a sleek DLP -based digital -cable -ready HDTV to the first combination DVR and Blu -Ray recorder. The following LG Electronics products won 2004 Innovations Awards:

PLASMA DISPLAY PANEL HDTVs

60 -inch Widescreen Plasma Integrated HDTV: LG model DU -60PY10 is a 60 -inch, fully integrated widescreen plasma HDTV, utilizing LG's fifth -generation VSB ATSC tuner, digital cable (for unscrambled channels) and NTSC tuners, which also provide twin flexible PIP/POP/Split window picture options. The X1 panel provides high brightness and a contrast ratio of 1000:1 and 1000 cd/m2 high brightness. It has connections for PC, HD component inputs and DVI +HDCP along with conventional AV inputs and built -in speakers. Its sleek design, large 60 -inch widescreen and multiple connectivity inputs make it ideal for desktop and wall mounting in both commercial and high -end residential applications. Available mid -2004.

50 -inch Widescreen Plasma Integrated HDTV: LG model DU -50PZ60 is a 50 -inch integrated widescreen plasma HDTV that incorporates LG's fifth generation VSB ATSC tuner and NTSC tuners, which also provide twin flexible PIP/POP/Split window picture options. It has connections for PC, HD component inputs, DVI + HDCP along with conventional AV inputs. Its sleek design, large 50 -inch widescreen and multiple connectivity inputs make it ideal for desktop and wall mount applications. The DU -50PZ60 incorporates an X1 Plasma Display Panel that provides 1000:1 high contrast and 1,000 cd/m2 high brightness. Available first quarter 2004.

LIQUID CRYSTAL DISPLAY HDTVs

42 -inch Integrated Widescreen LCD HDTV. LG model DU -42LZ30 is a 42 -inch integrated widescreen LCD HDTV, utilizing LG's fifth generation VSB ATSC tuner, digital cable (clear QAM) and NTSC tuners, which also provide twin flexible PIP/POP picture options. It has connections for PC, HD component inputs, DVI + HDCP along with conventional AV inputs and built -in speakers. Its sleek design, large 42 -inch widescreen and multiple connectivity inputs make the DU -42LZ30 ideal for desktop and wall mount applications. Part of LG's complete high -end product line, it has thin film LCD technology with Super In -Plane -Switching (IPS), which provides faster response time and 176 degree viewing angles - the widest available on the market today. The DU -42LZ30 will be available mid -2004.

30 -inch Widescreen Fully Integrated LCD HDTV: LG model DU -30LZ30 is a 30 -inch integrated widescreen LCD HDTV that incorporates LG's fifth -generation ATSC tuner, and digital cable (clear QAM), as well as NTSC tuners - providing twin flexible PIP/POP picture options. It has connections for PC, HD component inputs and DVI +HDCP along with conventional AV inputs. Its sleek design and multiple connectivity inputs make it ideal for desktop and wall mounting in both commercial and high -end residential applications. The thin film LCD technology with Super IPS provides faster response time and 176 degree viewing angles. Available mid -2004.

30 -inch Widescreen LCD HDTV Monitor: This product, model L30W36, marketed under LG's Zenith brand, is a 30 -inch widescreen LCD HDTV monitor with Super IPS and 1280 x 768 WXGA resolution. It has connections for PC, HD Component inputs and DVI +HDCP along with conventional AV inputs. Its sleek design, large 30 -inch widescreen and multiple connectivity inputs make it ideal for desktop and wall mounting. The L30W36 is available now.

23 -inch Widescreen LCD HDTV Monitor: LG model RU -23LZ21 is a 23 -inch widescreen LCD HDTV monitor with built -in stereo speakers and NTSC tuner. It boasts 1280 x 768 resolution, 400:1 contrast ratio, peak brightness of 450 cd/m2, Super IPS technology and Faroudja DCDi processing. It has connections for PC, HD component inputs and conventional AV inputs. Its sleek black lacquer design, 23 -inch widescreen, and multiple connectivity inputs make it ideal for desktop and wall mount applications. Available now.

17 -inch Widescreen LCD HDTV Monitor with Built -In DVD Player: LG model KU -17WDVD is a 17 -inch LCD with built -in DVD Player. It features a built -in NTSC tuner, 1280 x 768 WXGA resolution, 400:1 contrast, 450 cd/m2 peak brightness and Super IPS technology. It has connections for PC, HD component inputs and conventional AV inputs. In a gloss -black cabinet, it's ideal for desktop and wall mount applications. The KU -17WDVD is available in first quarter of 2004.

MICRODISPLAY REAR -PROJECTION HDTVs

60 -inch LCD Rear Projection HDTV with Built -In HD -DVR: LG model TU -60SZ31 features a built -in HD DVR with 13 hours of HDTV recording capacity. It delivers 1280 x 720p WXGA resolution and incorporates an integrated ATSC/Digital Cable (clear QAM)/NTSC tuner with LG's fifth -generation VSB chipset. Available mid -2004.

52 -inch Digital -Cable -Ready DLP HDTV: LG model DU -52SZ60D is a 52 -inch DLP HDTV that is CableCARD -ready, and features a DLP 1280 x 720p (HD2 -Mustang) chip. Available mid -2004.

48 -inch LCD Rear Projection HDTV Monitor: LG model RU -48SZ40 features 1280 x 720p WXGA resolution, matching external speakers, and features a sleek, high -gloss black cabinet with a built -in anti -glare screen protector. Available second -quarter 2004.

44 -inch LCD Rear Projection HDTV Monitor: Model E44WLCD is a 44 -inch compact LCD projection TV with 1280 x 720p resolution and 3:2 pulldown cinema correction. This compact, high -performance unit weighs less than 75 pounds and is less than 14 inches deep. Available second quarter.

DIGITAL VIDEO RECORDERS

World's First Combination Blu -Ray Recorder and DVR: LG model LGXBD420 combines Blu -Ray technology with a Digital Video Recorder. The world's first Blu -Ray recorder with built -in DVR features multiple IEEE -1394 inputs and outputs, DVI+HDCP, built -in ATSC and NTSC tuners and a 200 -gigabyte hard drive with an easy -to -use Graphical User Interface. Available third quarter 2004.

HDTV DVR -Receiver: LG model LST -3410A provides hours of true HDTV recording via a 120 gigabyte hard drive, and terrestrial and cable tuners for HDTV and analog signals. Recording time: HDTV 12.5 hours, SDTV 62.5 hours and analog TV 120 hours. It offers Time shift, Live pause, Hi speed FF /RWD, Thumbnail browsing, synopsis mode replay, HD video navigation with TV Guide Onscreen interactive program guide, picture in grid feature, and a complete jack panel including digital interfaces such as IEEE -1394 and DVI+HDCP. Available first quarter 2004.

Ultra -Slim DVD Recorder: LG model LGDVDR313 is a multi -format compatible DVD recorder with a compact design - measuring only 3.2 inches high. Features include multi -format DVD playback and recording, AV input, 3 -in -1 multi -format memory slot and picture in picture (PIP). Connectivity is complemented with DVI +HDCP, IEEE1394, S -Video, Component and Composite outputs. Available second quarter 2004.

Multi -Format DVD Recorder -DVR Combo: LG model LGHDR414 is a multi -format DVD recorder with built -in 80 gigabyte DVR. It can record high -definition programming with its ATSC and NTSC tuners, and offers DVI +HDCP and IEEE -1394 connectivity. Easy -to -use features include high -speed dubbing, Timer recording with an electronic program guide. Available second quarter 2004.

DIGITAL VIDEO -AUDIO

HDTV Receiver -High -Format 1080i DVD Player: LG model LST -3510A combines HDTV reception with a built -in DVD player, outputting in 480i/p, 720p, 1080i output formats via component, RGB and DVI+HDCP. Available now.

2.4GHz Wireless 5.1 -channel Speaker System. LG model LGHTW316 features surround sound wireless rear speakers, operating at 2.4Ghz with 350 total watts and a 50W x 5 + 100W sub woofer. Available first quarter 2004.

LG Electronics (Korea Stock Exchange: 6657.KS), established in 1958 as Korea`s pioneer consumer electronics company, is a major global force in Electronics and Information and Communications products. More than 55,000 employees working in 76 overseas subsidiaries and marketing units around the world strengthen LG Electronics` core competencies in three main business areas: Digital Appliance, Digital Display & Media, and Telecommunication Equipment & Handset. For more information, please visit www.lgusa.com.

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CONTACT: John I. Taylor (847) 941 -8181, jtaylor@lge.com

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