Press Releases

06/16/2010

INTRODUCING KOREA’S FIRST ECO-FRIENDLY SOLAR HYBRID AIR CONDITIONER

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SEOUL, June 16, 2010 -- LG Electronics (LG) today announced Korea’s first eco-friendly residential hybrid air conditioner that utilizes solar energy as part of its power supply.

By combining power generated through the solar cell module attached to the top of the outdoor unit, this 28,000BTU (76 square meter) standing-style air conditioner (model F-Q232LASS) can produce up to 70 watts of power per hour, providing enough energy to run the unit’s air purification process *1).

As a clean, renewable energy source, solar power is drawing ever-more interest both from the environmentally conscious and average consumers looking to make long-term savings in their energy bills. Not only does F-Q232LASS offer big savings in electricity costs, it is also environmentally-friendly. LG’s hybrid air conditioner helps reduce approximately 212 kg of carbon dioxide over 10 years, equivalent to growing 780 pine trees over the same period.

“This new solar cell hybrid air conditioner combines LG’s outstanding technologies cultivated over the years through our expertise in both energy efficiency and air conditioning know-how.” Said Hwan-yong Nho, CEO of LG Electronics Air Conditioning Company. “With this newest development, LG is taking a leap forward as the world’s number one provider of eco-friendly energy solutions.”

*1) Average 28,000BTU standing-style units require only 50 watts of electricity to run the air purification system for one hour.

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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 82,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units – Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world’s leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1™ and a Technology Partner of Formula 1™. As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit www.lg.com.

About LG Electronics Air Conditioning Company
The LG Electronics Air Conditioning Company is a global total heating, ventilation and air conditioning (HVAC) and energy solution company providing Residential Air Conditioning (RAC), Commercial Air Conditioning (CAC), Solution, Solar Energy and Lighting around the world. LG AC offers a wide range of products from consumer and individual units to industrial and specialized B2B solutions. Through its innovative technology, heavy investments in R&D and superb marketing strategies, LG has broken its own sales records every year since 2000, thus cementing its place as the global leader of the HVAC industry.