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Like the black and white flexible display, the color version uses a substrate that arranges Thin-Film Transistors (TFT) on metal foil rather than glass, allowing it to recover its original shape after being bent. This model includes a color filter coated onto the plastic substrate, allowing it to display color images.

LG.Philips LCD’s use of metal foil and plastic substrate rather than glass substrate makes the flexible color E-paper display bendable and durable while maintaining excellent display qualities.

To make this new display possible the company developed proprietary processing technology that minimizes panel deformation and prevents circuit structure change during high-temperature processes. LG.Philips LCD focused on the designs of the color filter structure and TFT, as well as color filter lamination technology. This allowed them to overcome processing difficulties inherent in the lack of heat resistance in metal foil and plastic substrates.

These displays are extremely energy efficient, only using power when the image changes. Additionally the displays are extremely thin, less than 300 micrometers(㎛). The images displayed are comparable in quality to printed pages.

“LG.Philips LCD is the first company to develop a flexible color E-paper display of this size.” said Mr. In-Jae Chung, the company’s Chief Technology Officer and Executive Vice President. “The potential applications for this display are incredible and will allow our customers to create new products that are not only convenient to use but also save natural resources. This represents the next generation in display technology.”

In October 2005 LG.Philips LCD unveiled the world’s first 10.1-inch flexible E-paper display. The company followed it up with its groundbreaking 14.1-inch model in May 2006.

Flexible Display Market Projection
According to a recent report from Displaybank, a Korea-based research firm specializing in the display industry, the flexible display market is projected to grow into a USD 5.9 billion market by 2010, rising to USD 12 billion by 2015.

About LG.Philips LCD
LG.Philips LCD Co., Ltd. [NYSE: LPL, KRX: 034220] is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels. The Company manufactures TFT-LCD panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, and various applications. LG.Philips LCD currently operates seven fabrication facilities and four back-end assembly facilities in Korea, China and Poland. In addition, LG.Philips LCD has sales and representative offices in ten countries and has approximately 23,000 employees globally. Please visit http://www.lgphilips-lcd.com for more information.

Forward-Looking Statement Disclaimer
This press release may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from our forward-looking statements can be found in our filings with the United States Securities and Exchange Commission.

Contact:
Bang-Soo Lee, VP, Public Affairs & PR
LG.Philips LCD
Phone: +822-3777-1020
E-mail: bsleeb@lgphilips-lcd.com

Sue Kim, Senior Manager, Corporate PR
LG.Philips LCD
Phone: +822-3777-0970
E-mail: sue.kim@lgphilips-lcd.co