While LG has been a long time supporter of Blu-ray, Reuters has reported that the company will also support the competing format, HD DVD.
LG Electronics, one of the world's biggest optical drive makers, will support HD DVD as well as Blu-ray in the emerging war over the next DVD standard, it said on Wednesday.

Until now LG Electronics was firmly in the Blu-ray camp, together with most of the other big consumer electronics firms such as Sony Corp, Philips, Dell and Matsushita's Panasonic.
Most likely this ties into LG's plans to introduce a combination Blu-ray/HD DVD player. If you'd like to read more, the entire article can be found here.