Press Release
September, 1, 2005
HI CORPORATION
HI and LG sign Worldwide License for MascotCapsule®
Tokyo, Japan -HI CORPORATION (Headquarter: Meguro-ku, Tokyo; CEO: Kazuo Kawabata hereinafter "HI") announced today that the company has executed a worldwide license agreement with LG Electronics Inc. (Hereinafter "LG"), a leading global electronics manufacturer, for the use of HI's 3D graphics engine MascotCapsule® on LG handsets.
LG is one of the world leading handset manufacturer and provides various kinds of mobile devices. HI and LG have agreed on embedding MascotCapsule® into LG handsets for the global market.
Over 50 content developers, including both Japanese and Korean major content providers, have been developing 3D content using MascotCapsule®. This agreement between HI and LG will further expand the market for MascotCapsule® based content.
| About LG Electronics Inc. |
LG Electronics (KSE: 06657.KS) is a global leader in providing cutting-edge, convergent electronics, information and communications products designed to meet the diverse needs of fast-changing consumers.
With consolidated sales of US$37.7 billion and overseas sales of US$ 32.6 billion (86% of total sales), LG Electronics employs more than 70,000 employees in 76 subsidiaries located in 39 countries and operates four business units including Mobile Communications, Digital Appliance, Digital Display and Digital Media.
For more information please visit www.lge.com
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- MascotCapsule is a registered trademark of HI CORPORATION.
- The names of other products and companies mentioned herein may be trademarks or registered trademarks of their respective owners.
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