LG.Philips LCD Maintains Leadership of TFT-LCD Monitor Market.

Business Editors/High-Tech Writers

SEOUL--(BUSINESS WIRE)--July 25, 2000

--  LG.Philips LCD leads with a monitor market share of 18.1 percent
    for Q1 2000

--  LG.Philips LCD launches its 20.1-inch UXGA panel with a large
    viewable area and high resolution

LG.Philips LCD Co., Ltd., one of the world's largest innovators of liquid crystal display (LCD) technology, today announced that it remains the leading thin film transistor (TFT)-LCD supplier for the monitor market for the third consecutive quarter.

According to DisplaySearch (Austin, Texas), LCD shipments in Q1 '00 for monitors increased by 23 percent year-over-year(1) -- totaling 1.35 million units -- with LG.Philips LCD maintaining its position as the number one supplier to this market. LCD monitor panels increased 40 percent by revenue, amounting to $945 million (USD). In Q1 '00, LG.Philips LCD enhanced its leading position in the monitor market, boosting its market share to 18.1 percent, marking a 96 percent increase. On a revenue basis, LG.Philips LCD surpassed both NEC and Samsung and achieved a gain in market share -- jumping from 16.3 percent to 17.4 percent.

Trends in the monitor market have indicated a shift toward larger screen sizes and higher resolution. As a result, shipments of monitors measuring 18 inches are increasing steadily, although the 15-inch monitor continues to dominate the market. Since display resolution is closely tied to panel size, panels with SXGA (1280 x 1024) resolution and higher are gaining popularity, although XGA (1024 x 768) resolution remains predominant. DisplaySearch forecasts that demand for UXGA (1600 x 1200) resolution will increase beginning in the second half of this year.

Developed in anticipation of this emerging trend toward higher resolution, LG.Philips LCD today unveils its 20.1-inch UXGA LCD display (LM201U1) for use in desktop monitors. "Timely introduction of new products has helped LG.Philips LCD become the leader in the monitor market. Our 20.1-inch UXGA is being introduced in response to the current monitor trends toward higher resolution and larger screen size," noted Bruce Berkoff, LG.Philips LCD's executive vice president and chief marketing officer. Berkoff added, "Moving forward, we plan to continue to further enhance our market leadership in this arena by fully leveraging our core competencies in the flat display area to produce 'best of breed' solutions that deliver greater value, functionality and performance advantages to the end user."

Suitable for wall-mounted LCD monitor or high-resolution TV applications, the viewable area of the 20.1-inch display is equivalent to that of a 23-inch CRT TV with an active screen area of 408 mm x 306 mm support for 16.7 million colors. The high-resolution 20.1-inch UXGA is well suited to serve the needs of workstation users and web designers. This product will be mass-produced in LG.Philips LCD's new Fab3 (680 x 880) in Kumi, South Korea.

About LG.Philips LCD

Headquartered in Seoul, South Korea, LG.Philips LCD -- a joint venture company established in July 1999 by LG Electronics and Royal Philips Electronics -- is one of the world's leading manufacturers of AMLCDs. The company leads the TFTLCD industry through high technology, high capacity and high-quality manufacturing. Having established a successful PC market position with its notebook PC and monitor products, LG.Philips LCD can also deliver solutions for consumer electronics products like the growing LCD-TV category, as well as for multimedia, medical, automotive and aerospace applications. As part of its efforts to be at the forefront of display innovation, LG.Philips LCD is focused on maintaining a diverse product portfolio while investing aggressively in R&D to further its leadership position in the AMLCD arena. LG.Philips LCD is committed to product, technology and production leadership. Information on the company is available at www.lgphilips-lcd.com

(1) All revenue comparisons are year-over-year unless otherwise noted