Press Release

12/07/2006

LG Electronics Receives Second Consecutive 3G CDMA Industry Achievement Award for Subscriber Technology Innovation

LG Electronics, a worldwide technology leader in mobile communications, today received another 3G CDMA Industry Achievement Award in the area of Subscriber Technology Innovation.

LG Electronics, a worldwide technology leader in mobile communications, today received another 3G CDMA Industry Achievement Award in the area of Subscriber Technology Innovation.

This marks the second year a row that LG has received this award for its mobile phone products.

The 3G CDMA Industry Achievement Award was begun eight years ago by the CDMA Development Group (CDG), and is awarded to companies and individuals for excellence in deploying 3G CDMA networks, products and services.

In particular, the Subscriber Technology Innovation award is given to companies that demonstrate progressive thinking in terms of new and innovative services and terminal design.

The resulting products and services take advantage of the inherent benefits and latest technological developments of 3G CDMA, offering consumers state-of-the-art terminals in terms of both features and packaging.

"We are very impressed by the innovative features and unique design of LG's CDMA Chocolate Phone (LG-VX8500)," said Perry LaForge, executive director of the CDG, "We expect LG to continue design cutting-edge devices that contribute significantly to the growth of the 3G CDMA2000� market in the U.S. and worldwide."

Through Verizon Wireless, LG launched the Chocolate Phone in the U.S. this July, and over two million of the popular handsets have been sold in just four months' time.

The Chocolate Phone was created with design in mind - focusing not just on looks but also on other sensorial aspects.

The Chocolate Phone was carefully designed to offer users a tactile experience as well, setting a new standard in mobile phone design with its sleek minimalist look, glossy black finish, light-up touch keypad and fade-away LCD screen.

"In receiving the award for two consecutive years, LG reaffirms its leadership in the global handset market," said Mun Hwa Park, President & CEO of LG Electronics Mobile Communications Company.

"We will continue to develop our 3G technology as well as our premium product, the Chocolate Phone, to continue to widen its appeal."

The Industry Achievement Awards were determined by a selection committee of CDG executive officers, CDMA advocacy council members, representatives from industry associations and the trade media.

About LG Electronics Mobile Communications Company

LG Electronics, Inc. (KSE: 06657.KS) is the global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 72,000 people working in over 120 operations including 80 subsidiaries around the world.

Comprised of four business units: Mobile Communications, Digital Appliance, Digital Display and Digital Media with global sales at USD 34.7 billion (consolidated USD 43.4 billion) as of 2005, LG Electronics is the world's leading provider of CDMA handsets, residential air conditioners, plasma panels, optical storage products, DVD players and home theatre system.

LG Electronics Mobile Communications Company is the world's leading provider of UMTS (WCDMA), CDMA and GSM handsets, which have been designed to improve the value of customer life.

With a total range of wired and wireless solutions, the company is rapidly establishing a global presence and growing its international market share in 3G handsets. For more information, please visit www.lg.com

About the CDMA Development Group

The CDMA Development Group is a trade association formed to foster the worldwide development, implementation and use of CDMA2000 technologies.

The more than 130 member companies of the CDG include many of the world's largest wireless carriers and equipment manufacturers.

The primary activities of the CDG include development of CDMA2000 features and services, public relations, education and seminars, regulatory affairs and international support.

Currently, there are more than 500 individuals working within various CDG subcommittees on CDMA2000-related matters. For more information about the CDG, visit the Web site at www.cdg.org.
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