Solid Mobile Phone: Intel and LG Electronics Collaborate on Future

LG Electronics (LG) and Intel Corporation today announced a
collaboration around mobile Internet devices (MIDs) based on Intel's
next-generation MID hardware platform, codenamed "Moorestown," and
Linux-based Moblin v2.0 software platform. The LG device is expected
to be one of the first Moorestown designs to market.

LG and Intel's common goal is to unleash rich Internet experiences
across a range of mobile devices while delivering the functionality of
today's high-end smart phones. The collaboration on the new design
extends a close working relationship the two companies have enjoyed
across their respective mobile product lines, which now spans the
notebook, netbook and MID categories.

"The MID segment will drive growth at LG Electronics. We chose Intel's
next-generation Moorestown platform and Moblin-based OS to pursue this
segment because of the high performance and Internet compatibility
this brings to our service provider customers," said Jung Jun Lee,
executive vice president of LG Electronics and head of its Mobile
Communications Business Division. "The collaboration with Intel on the
MID platform has been valuable and further extends our longstanding
relationship. Our efforts are well on track and we look forward to
bringing the MID to market."

LG launched a netbook, based on the Intel Atom processor, in the
fourth quarter of 2008, and has been supplying the mobile companion
device to carriers and retailers worldwide. LG also continues to ship
notebooks based on the Intel Core processor.