LG TO UNVEIL NEXT GENERATION OLED TECHNOLOGY AT FRANKFURT MOTOR SHOW

SEOUL, September 13, 2017 ― LG Electronics (LG) will introduce its advanced auto component
technologies at the 2017 Frankfurt Motor Show (September 14-24), highlighted by
the company’s first advanced OLED rear lamps to be featured in vehicles from a
major European automaker. LG will also highlight connected car solutions for autonomous
driving concept cars. LG’s debut at the Frankfurt Motor Show follows the
company’s recent debut at major auto shows in Asia (Beijing and Shanghai) as
well as North America (Detroit) following the launch of the LG Vehicle
Components business division in 2013.

The LG-designed OLED rear lamp
leverages the company’s global leadership in all things OLED. As the world’s leader
in OLED TVs, LG has deep experience incorporating advanced OLED technologies in
products such as smartphones, smartwatches and instrument panels. LG’s OLED rear
lamp is more compact than conventional lighting modules thanks to the lack of a
backlight unit, up to 85 to 90 percent smaller than typical rear lamps. LG’s
OLED lamp also runs cooler which results in improved durability and longevity compared
to conventional rear units. In addition to its new OLED rear ramp, LG plans to showcase other innovative products such as AV navigation
systems, infotainment systems and convenience-enhancing devices such as ADAS
cameras, LCD instrument panels and electric compressors, among others.

LG Vehicle Components is LG’s fastest growing business and is expected to
play a major role in the future growth of the corporation. This growth will be
fueled to a large degree by the collaboration with General Motors on the
Chevrolet Bolt EV, in which LG is supplying a total of 11 components and
systems, including electric drive motors, power invertor modules, battery cells
and high power distribution modules. For its contribution toward the success of the Chevy Bolt, LG was recognized
with GM’s Innovation Award of the Year
earlier this year. This comes top of other industry recognitions such as
the Supplier Award from Renault and
the Technology and Innovation Award from
Volkswagen.

“We plan to expand our presence and expertise in the fast-growing electric
vehicle market by aggressively engaging industry leaders in Europe, North
America and Asia,” said Lee Woo-jung, president of the LG
Vehicle Components Company. “We want to highlight how LG can work with automakers
to develop custom solutions to drive technological innovation. LG has been a
formidable player in automotive components for decades and we feel this is the
right time to capitalize on this knowledge and experience.”

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LG
Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator
in consumer electronics, mobile communications and home appliances, employing 75,000 people working in 118 locations around the world. With 2016 global sales of USD 47.9 billion (KRW 55.4 trillion), LG
comprises four business units ― Home Appliance & Air Solutions, Mobile
Communications, Home Entertainment and
Vehicle Components ― and is one of the world’s leading producers of flat panel
TVs, mobile devices, air conditioners, washing machines and refrigerators. For
more news and information on LG Electronics, please visit www.LGnewsroom.com.

LG Electronics Singapore Pte Ltd (LG Electronics Singapore) is a
fully-owned subsidiary of LG Electronics Inc., the pioneer and market leader of
the Korean electronics industry. LG Electronics Singapore operates three
business units – Home Entertainment, Mobile Communications and Home Appliance
& Air Solution. In recognition of its vision to enrich people’s life with
smart technologies and innovative design, LG Electronics Singapore has been
recognized with prominent local and international accolades, such as the CNET
Asia Editor’s and Readers’ Choice Awards, HWM+HardwareZone.com Tech Awards, Red
Dot Design, and GfK No. 1 Awards. For more information, please visit www.lg.com/sg.