Latest News

Seoul, Korea ( May 17, 2007) - LG.Philips LCD [NYSE: LPL, KRX: 034220], a leading innovator of thin-film transistor liquid crystal display (TFT-LCD) technology, announced today that it has developed the first full-color flexible active matrix organic light emitting diode (AMOLED) display that uses amorphous silicon (a-Si) technology. LG.Philips LCD developed this display in cooperation with Universal Display Corporation of the United States, which holds the original patents for Phosphorescent OLED (PHOLED) technology.

LG.Philips LCD’s 4-inch full-color flexible AMOLED display features 320 x 240 QVGA resolution and can reproduce 16.77 million colors. At an ultra thin 150 μm, this display is barely thicker than a human hair. It uses a stainless metal foil substrate to ensure durability and protection against heat, which improves the manufacturing process and enhances product stability.

“This display capitalizes on the strengths of OLED technology and its image quality is really something to behold,” said Hyunhe Ha, executive vice president and the head of the Small & Medium Displays Business Unit at LG.Philips LCD. “Although we are still in the initial stages with this technology, we expect to make some exciting advances in the near future. LG.Philips LCD is focused on customer-centered technology development to introduce products that customers want.”

OLED technology is recognized as an optimal technology for use in flexible displays. It allows LG.Philips LCD to develop a flexible display with improved durability and reliability while delivering full-color and high-resolution. Most importantly, using a-Si backplane technology allows LG.Philips LCD to use its existing TFT-LCD production line for these AMOLEDs, a major step toward demonstrating the commercial viability of such products. LG.Philips LCD is the first company to employ this technology.

LG.Philips LCD leads the industry in advanced flexible displays. In 2006 the company revealed a 14.1-inch monochrome E-paper display. This year it became the first company to introduce a color version in the same size.

LG.Philips LCD will unveil the full-color flexible AMOLED display at SID 2007 in Long Beach, California, on May 20.


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.

About Universal Display Corporation
Universal Display Corporation is a world leader in developing and commercializing innovative OLED technologies and materials for use in flat panel displays, solid-state lighting products, electronic communications and other opto-electronic devices. Universal Display is working with a network of world-class organizations, including Princeton University, the University of Southern California, the University of Michigan, and PPG Industries, Inc. Universal Display currently owns or has exclusive, co-exclusive or sole license rights with respect to approximately 800 issued and pending patents worldwide.

Universal Display is located in the Princeton Crossroads Corporate Center in Ewing, New Jersey, minutes away from its research partner at Princeton University. Universal Display’s state-of-the-art facility is designed to further technology and materials development, technology transfer to manufacturing partners and work with customers to develop OLED products that meet their needs. Visit Universal Display on the Web at www.universaldisplay.com.

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 LG.Philips LCD
Phone: +822-3777-1020 Phone: +822-3777-0970
E-mail: bsleeb@lgphilips-lcd.com

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