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Press Release

11/29/2004

(Feature) The e-Home is no longer our imagination.

The e-Home, dubbed as "the home of the future," is no longer a thing of the future.

The e-Home, dubbed as "the home of the future," is no longer a thing of the future.

Even two to three years ago, when home networking products were unveiled commercially, many people doubted their technological viability and marketability.
With the increasing efficiency of broadband networks and rising Internet penetration rates (Fortune says that Korea has the world's highest broadband Internet penetration rate at 75%.), some nations are seeing an earlier-than-expected realization of the e-Home.

A prime theme in recent ads on large premium apartments in Korea is whether they are equipped with home networking systems. This selling point significantly implies that a home networking system is no longer for the exclusive benefit of its early users, but it has since become a "universal product," available to ordinary people.

LG Electronics is currently conducting a B2B type of business with apartment developers. This year, the company has received orders for about 12,000 home network households in Korea, and it is also constructing 1,333 premium home network apartments in Shenzhen, China. The company foresees that the demand will further rise in the coming years.

The company also foresees that the B2B market on entertainment will be further expanding, and that "ubiquitous" connection environments will be established, thus offering residents a more convenient, more pleasant, safer, and richer lifestyle.

The home network system operates the e-Home in three developmental stages.

1st stage: i-@ble stage
This stage involves individual Internet-enabled products.
For instance, in 2000, LG Electronics developed Internet refrigerators and washing machines.

2nd stage: Living network stage
This stage involves the connection of individual products via a network, and the enabling of remote home control and home automation.
An example is LG Electronics' home networking system, the first of its kind worldwide, which was launched in Britain and Mexico in 2002.
The system enables home tasking, such as remote-controlled lighting within the home and remote control of various appliances, as well as home security.

3rd stage: e-Home stage
This stage provides total home solutions.
Home tasking is basic here, and the system offers complete home management, such as self-diagnosis and automatic reporting. It also provides home safety, advanced home security, and home entertainment solutions.

Park Hyun, vice president of the home network division of LG Electronics, which launched the world's first commercialized home networking product, said, "The second stage, living network, has already been technologically accomplished. With broadband networks and Internet penetration rates increasingly growing in some nations, including Korea, living network products are selling more briskly than expected, and are rapidly becoming universal."

The official added, "LG Electronics has almost technologically accomplished the next stage, e-Home. The infrastructure for the global market is progressing much faster than expected."

Moreover, experts note that the ubiquitous home for health care is not far away, where advanced home networks enable people to check up on their health every day without having to visit hospitals.

In Korea, where there are advanced broadband networks, different applications and services are being developed to fit such broadband expansion. This is because broadband service providers must continue to create high, value-added services to rev up their earnings.
The tele-medicine service is among these services.

Korea's news media reported that a research team, led by Park Kwang-suk, a professor at the Advanced Biometric Research Center, College of Medicine, Seoul National University, has already developed a base technology for a system designed to automatically check vital health signs while people eat, sleep, and bathe every day in their respective homes. The system was proven effective when it was tested in a household in Seoul.

Reference site : http://global.dreamlg.com

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