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LG G Watch Powered by Android Wear Being Developed in Close Collaboration with Google

Tags: LG Electronics (066570.KS), Google (NASDAQ:GOOG)

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PRESS RELEASE

Google's New Android Wearables Platform to Debut on LG Device

UK, 18th March, 2014 - LG Electronics (LG) is working together with Google on the LG G Watch powered by Android WearTM, which extends the Android platform to wearables. The LG G Watch will be compatible with a wide range of AndroidTM smartphones and will present relevant information to users just when they need it or whenever they say "OK Google" to ask questions or get stuff done. As one of Google's lead partners in this effort, LG is planning to introduce its first watch powered by Android Wear in the second quarter of 2014.

The LG G Watch powered by Android Wear will present a low barrier to entry for developers and offer the best Google experience for users. LG engineers worked closely with Google from the initial stages of development to ensure that the LG G Watch workedperfectly with Android Wear. This is LG's fourth device developed in close collaboration with Google following the Nexus 4, Nexus 5, and the LG G Pad 8.3 Google Play Edition.

"The opportunity to work with Google on LG G Watch was the perfect chance for LG to really pull out all stops in both design and engineering," said Dr. Jong-seok Park, president and CEO of LG Electronics Mobile Communications Company. "With the LG G Watch, LG is continuing the milestones we've set in wearables following in the footsteps of the world's first 3G Touch Watch Phone in 2009 and the Prada Link in 2008. We're confident that a well-designed device has the potential to take the smart wearable market by storm."

Additional details of the LG G Watch powered by Android Wear, including hardware specifications, will be announced in the coming months. 

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 nearly 87,000 people working in over 110locations around the world. With 2012 global sales of USD 45.22 billion (KRW 50.96 trillion), LG comprises four business units - Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solution - and is one of the world's leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2012 and 2013 ENERGY STAR® Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

About LG Electronics Mobile Communications Company

The LG Electronics Mobile Communications Company is a global leader and innovator in mobile communications. With its breakthrough technologies and innovative designs, LG continues to establish a number of benchmarksin the smartphone market, while also helping create a better lifestyle for consumers by delivering a wholly enhanced smartphone experience. As a leader in 4G Long Term Evolution (LTE) technology, LG continues its commitment to developing groundbreaking LTE technologies and fulfilling consumer demands with differentiated LTE devices of the highest quality, all of which are based on the company's wealth of LTE patents and technical knowledge. For more information, please visit www.lg.com.