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March 22, 2004
LG Electronics licenses the Series 60 Platform for its Symbian OS-based smart phones
March 22, 2004, CTIA, Atlanta, GA - LG Electronics and Nokia today announced a licensing agreement for the Series 60 Platform. Series 60, licensed by Nokia to mobile device manufacturers, is a mobile device software platform for advanced smart phones optimized for the Symbian operating system (OS). LG Electronics joins as the newest member of the Series 60 licensee community that is made up of world-leading manufacturers, including Lenovo, Panasonic, Nokia, Samsung, Siemens and Sendo.

LG Electronics, a top provider of mobile devices, will license the Series 60 Platform as source code. The source code enables licensees to further develop and differentiate the software for Series 60-based products while maintaining the underlying application interoperability.

"We are anticipating the unique features and functionalities that the Series 60 Platform will bring to our product portfolio and look forward to working in the Series 60 community. Our target is to build ubiquitous mobile devices that will best serve our customers. Series 60 on top of the Symbian OS will provide us with a compatible platform for our smart phones throughout our CDMA, GSM/GPRS and WCDMA portfolio," said Yong E. Shin, Vice President, UMTS Handset Laboratory in LG Electronics.

"LG Electronics has an outstanding record of making appealing and advanced mobile devices for all major markets and network protocols," said Antti Vasara, Vice President, Technology Marketing and Sales, Nokia. "LG Electronics' decision to license the Series 60 Platform further strengthens the platform's position as the most competitive handset software on the market. We look forward to collaborating with LG Electronics in the Series 60 community," he continued.

The Series 60 Platform encompasses the software, user interface (UI) and applications necessary to create a smart phone. Optimized for the Symbian OS, the Series 60 Platform strives to enable significant creativity and differentiation by licensees. In addition, the common software platform ensures interoperability and application compatibility between the different licensees' smart phones.

The success of the Series 60 platform among its licensees has led to a large Series 60 device base and a diverse product portfolio. The licensees, together with operators and developers, drive innovation into the platform by exploiting their vast experience and expertise in the mobile communication industry. This relentless innovation enhances the competitiveness of the Series 60 Platform.

For more information, please visit series60.com.

About LG Electronics
LG Electronics (Korea Stock Exchange: 6657.KS), established in 1958 as the pioneer in the Korean consumer electronics market, is a major global force in Electronics and Information & Communications products. More than 55,000 employees working in 76 overseas subsidiaries and marketing units around the world, strengthen LG Electronics' core competencies in three main business companies: Digital Appliance, Digital Display and Media, Telecommunication Equipment & Handset. The Telecommunication Equipment & Handset Company provides total solutions ranging from wired and wireless handsets to telecommunication equipment. LG Electronics is steadily expanding its world market share in CDMA, GSM and W-CDMA (UMTS) through innovation and the development of leading-edge technologies in next- generation wireless telecommunications. LG Electronics' Goal is to enable the intelligent networking of digital products that will make consumers' lives better than ever. For more information, please visit www.lge.com

About Nokia
Nokia is the world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia is dedicated to enhancing people's lives and productivity by providing easy-to-use and secure products like mobile phones, and solutions for imaging, games, media, mobile network operators and businesses. Nokia is a broadly held company with listings on five major exchanges.

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