LG’s Dr. Paik recognized as a giant in broadcasting

NEW YORK, N.Y. Dr. Woo Paik, president and CTO of LG Electronics, has received the "Giants of Broadcasting" award in recognition of his leadership in digital television technology.

The national Library of American Broadcasting honored Paik as the "Father of HDTV" at the Seventh Annual Giants of Broadcasting Awards ceremony in New York City. Attended by members of the broadcasting, media and corporate communities, the event serves as a tribute to those individuals who have played pivotal roles in advancing the electronic arts.

Paik's contributions saluted by the Library include invention of the digital video compression technology adopted by the Digital HDTV Grand Alliance, his leadership in the development of DigiCipher, the digital compression technology that is the basis for digital TV broadcasting. Paik's leadership has established LG Electronics as a global technology powerhouse and innovator in digital TV standards, including the new ATSC Mobile DTV broadcast standard, which is expected to be adopted later this month.

During his tenure at LG Electronics, Paik has been involved with virtually all of the company's core technologies, products and business ventures and is responsible for technology innovation in LG's five core business areas, home entertainment, mobile communications, home appliances, air conditioning, and business solutions. Paik is the CTO overseeing 10 R&D institutes and more than 20,000 engineers worldwide. He joined LG in 1998 as president and CTO, a position he held for seven years. From 2004-2007, he served as LG's chief technology adviser, based in the United States; he returned to LG headquarters in Seoul as president and CTO in Jan. 2008.