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Press Release

11/30/2012

LG ELECTRONICS PREVAILS IN DIRECT DRIVE FRONT-LOAD WASHING MACHINE PATENT CASE

LG Electronics received a favorable decision in a washing machine patent infringement case tried in the U.S. District Court for the District of Delaware.

WILMINGTON, Del., Nov. 30, 2012 – LG Electronics received a favorable decision in a washing machine patent infringement case tried in the U.S. District Court for the District of Delaware. Following a four-day trial, a Delaware jury determined that three LG patents related to direct drive front-load washing machine technology are valid and infringed by Asko/Daewoo. 

In a statement, LG said that these three patents involved in the suit have gone through reexamination at the U.S. Patent and Trademark Office (USPTO), and the jury verdict rendered today is consistent with USPTO’s decisions, as well as with rulings on related lawsuits in Germany and Korea. 

The Delaware suit dealt only with liability issues (validity and infringement). The damages and injunction phase still remains, and LG looks forward to presenting its case on these aspects of the suit.

LG’s patented technology provides consumers with large-capacity, high-spin-speed washers that produce low noise and vibration. These features have kept LG at the top of the market for front-load washers, and LG is committed to protecting its rights related to its innovations.

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About LG Electronics USA

LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $49 billion global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances and business solutions, all under LG’s “Life’s Good” marketing theme. LG Electronics is a 2012 ENERGY STAR® Partner of the Year. For more information, please visit www.lg.com.

Media Contact:

John Taylor

847-941-8181

john.taylor@lge.com

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