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Seoul (Korea Newswire) February 26, 2009 08:42 AM — According to WitsView, the Top 10 SIs shipped a total of 9.04 million monitors in January, up by 5.5% MoM. Given the inventory clearing by most brand vendors during the end of 2008, they have started to become more aggressive with their inventory preparations now. Coupled by the fewer working days in January, due to the Chinese Lunar New Year holidays, the influx of rush orders helped push up the aggregated shipments. 

On the other hand, WitsView’s top 10 brand monitor survey pointed out that the Taiwan and Korean-based vendors witnessed a bigger monthly shipment increase during the start of the new year in January. This stemmed from the lower shipment base level in December. Furthermore, it was also attributed to the commencement of new sales plans in the new business year, and market demand increase spurred by the Chinese Lunar New Year holidays in China. In general, the aggregated shipments from the top 10 brand monitors reached 8.85 million units, up by 8.3% MoM. 

Looking into February, although the market remains sluggish, the current very low utilization rates of panel makers and component supply shortage has affected the panel output and delivery time. With the panel supply unable to meet the basic inventory preparations of brand vendors, rush orders continue to be placed between January and February. Some players have responded to the tighter supply by sharply raising their respective rolling forecasts for March and April in ensuring a sufficient amount of panels is secured. This has thus raised hopes of a forthcoming market demand rebound. However, it should be noted that the market fundamentals have not yet recovered. Despite the price cuts made by brand vendors, it remains difficult in stimulating sales. In terms of the future market development, it is suggested that companies remain cautious and keep a close eye on the global economy and general market demand. 

More information on LCD monitor SI and brand shipments are available on WitsView’s web site at http://www.witsview.com/MarketTrend/Default.aspx 

About WitsView 

Founded in the year 2004, WitsView, a subsidiary brand of DRAMeXchange, is composed of a team of TFT-LCD industry experts. The research field covers the development and market trend of upstream components, mid stream panels and downstream system integrators and retailers. 

For more about WitsView, please visit www.witsview.com

News Source: WitsView Technology Corporation

Seoul (Korea Newswire) February 17, 2009 10:09 AM — LG Electronics, a worldwide technology and design leader in mobile communications, today announced the launch of its smart and stylish new netbook, the LG-X120. With 3G HSPA connection and compact, portable design, users can be connected anywhere, at any time. 

Easy connectivity is the LG-X120’s strongest asset. With its 3G HSPA connection and 160GB hard drive, LG-X120 is a powerful portable computer that can be used anywhere. Thanks to the easy-to-use Smart-On interface, the netbook loads its simple Smart-On screen in only five seconds. Just one click of an icon offers access to the most frequently used applications, including its MP3 player, Photo Viewer and internet suite. 

With Smart-Link technology and a simple USB cable, LG-X120 connects to regular computers to share files or install new applications, easily accessing data even from the computer’s CD or DVD drive. An advanced security function allows users to safely share files while connected to other devices, without compromising important information. 

Easy mobility in a stylish design is the LG-X120’s other important asset. This netbook’s soft textured, classic white exterior blends well with any style, while lime or pink detailing add a splash of color. The cover’s matt surface resists fingerprints and scratches, and its compact size and curved edges make it the perfect companion no matter where it goes. Weighing in at just 1.2kg, the LG-X120 is lightweight and easy to carry. In addition, improved battery life, at 3.5 hours for the 3 cell battery and 7 hours for the 6 cell battery, means more time to work or play on-the-go. 

LG-X120 was specifically designed to provide enhanced functionality and convenience with smarter features, packing a powerful multimedia punch. The netbook offers a 1.3 megapixel webcam for video chatting or conferencing, while LG You-Cam software allows users to get creative with unique photo snapshots. SRS WOW HD and TruSurround XT bring stereo effect sound to music and video. The screen’s LED Backlight delivers a high-resolution picture that is clearer and brighter, which is not only easier on tired eyes but saves energy, too. 

LG-X120 will be available in March in Europe and will be showcased from February 16 – 19 at the 2009 Mobile World Congress in Barcelona, Spain. 

# # # 

To see LG’s innovative products and technologies in person, visit LG’s booth at the 2009 Mobile World Congress in Hall 8 of Fira de Barcelona. Please visit http://mwc.lge.com for more information. 

About LG Electronics, Inc. 

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in 114 operations including 82 subsidiaries around the world. With 2008 global sales of USD 44.7 billion, LG is comprised of five business units - Home Entertainment, Home Appliance, Air Conditioning, Business Solutions and Mobile Communications. LG is the world’s leading producer of mobile handsets, flat panel TVs, air conditioners, front-loading washing machines, optical storage products, DVD players and home theater systems. 

LG Electronics Mobile Communications Company (LG) is a leading global mobile communication and information company. LG creates handsets that provide an optimized mobile experience to customers around the world with its cutting-edge technology and innovative handset design capabilities. Increasingly, LG is pursuing convergence technology and mobile computing products. LG will continue to take leadership in the mobile communication environment with stylish designs and smart technology. 

For more information, please visit www.lge.com.

News Source: LG Electronics

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