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LG Licenses Reception Technology To Toshiba

9/02/2004 08:41:00 AM Eastern

Seoul, Korea - LG Electronics's digital television (DTV) subsidiary in the United States has licensed its patented DTV reception technology to Toshiba America Consumer Products, L.L.C.

Terms of the agreement were not disclosed.

LG's wholly owned subsidiary, Zenith Electronics Corporation, developed the 8-VSB digital transmission system at the heart of the ATSC DTV standard adopted by the Federal Communications Commission. The company holds numerous patents essential to the production of over-the-air digital television receivers.

Under the agreement, Toshiba becomes the latest in a growing list of companies to license the “8-VSB” (eight-level vestigial sideband) DTV technology.

This summer marks the start of new FCC regulations that, over the next three years, will require 8-VSB tuners in virtually all TVs in the United States over the next three years. The phased-in tuner requirement started on July 1, 2004, with 50 percent of 36-inch and larger television sets.

Zenith has been a wholly owned subsidiary of LG Electronics Inc. since 1999.

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