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LG Ultra HD TVs To Offer Netflix In Ultra HD 4K

New webOS Smart TV Platform Perfect Match for 4K Streaming

LAS VEGAS, Jan. 6, 2014 /PRNewswire/ -- LG Electronics (LG) today announced that its broad new 2014 line of Ultra HD TVs with LG's proprietary webOS Smart TV platform will support content streaming in Ultra HD 4K from Netflix, the world's leading Internet television network. In total, 12 new models comprise LG's 2014 Ultra HD lineup, which will be demonstrated for the first time this week at the 2014 International CES®.

(Logo: http://photos.prnewswire.com/prnh/20110203/CG42292LOGO-d)

"LG and Netflix have had a long-standing history of first-to-market introductions including the first network Blu-ray player to offer Netflix streaming back in 2008, which created the new category of Internet-connected consumer electronics devices," said Dr. Skott Ahn, president and CTO, LG Electronics. "Netflix 4K content delivered on our amazing Ultra HD screens through our new webOS Smart TV platform will change the way consumers enjoy television."

Reed Hastings, president and CEO of Netflix, speaking at LG's CES press conference this morning, said: "As the world's leading Internet TV network, Netflix will be among the first to deliver Ultra HD 4K to consumers. Streaming will be the primary way consumers receive Ultra HD 4K and we are excited to be working with LG to make this a reality later this year."

TVs Ready for the Future
LG's 2014 Ultra HD TVs are designed to include the latest standards for connectivity, content protection and program encoding, meaning they equipped to handle 4K streaming*. Key to ensuring this capability is the built-in 4K HEVC 60p decoder. The LG TVs decode broadcast signals in both H.264 and HEVC H.265 formats, in either 30p or 60p.

"Content delivery has been the looming question with Ultra HD TVs ever since LG was the first to market with our 84-inch class TV in 2012," said Sam Chang, LG Electronics USA senior vice president and head of the LG Silicon Valley Lab. "While our Tru-Ultra HD Engine provides excellent upscaled quality, the overall goal was always native 4K content delivery and Netflix was the perfect partner."

Each TV also features LG's new webOS Smart TV platform**, which includes a refreshingly intuitive user experience meant to make Smart TV simple again – a modern TV experience. Users can move back and forth between services in a more intelligent manner enabling smoother, faster transitions between screens. Additionally, the webOS's Live Menu offers a variety of information, features and content including TV show recommendations, a search bar and previously viewed programs.

Visitors to LG's CES booth (Las Vegas Convention Center, Central Hall #8204) from Jan. 7 - 10 can experience webOS on LG's latest OLED TVs, 4K Ultra HD TVs and on other models from the company's new year Home Entertainment lineup.

*4K/UHD content delivery standards still being developed.

**Internet connection and certain subscriptions required and sold separately. Content and services vary by product and are subject to change without notice.

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 87,000 people working in 113 locations around the world. With 2012 global sales of USD 45.22 billion (KRW 50.96 trillion), LG comprises five business units — Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning & Energy Solution and Vehicle Components — 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 2013 ENERGY STAR® Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

About LG Electronics USA
Named Official HDTV Provider of International CES 2014, LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $45 billion global force and technology leader in consumer electronics, home appliances and mobile communications. LG Electronics, a proud 2013 ENERGY STAR Partner of the Year, sells a range of stylish and innovative home entertainment products, mobile phones, home appliances, commercial displays, air conditioning systems and solar energy solutions in the United States, all under LG's "Life's Good" marketing theme. www.lg.com

SOURCE LG Electronics USA, Inc.

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