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LG Electronics said Thursday it has tied up with Philips and Sharp to ramp up production of applications for Internet-powered televisions.

Philips, LG and Sharp have taken the initiative to investigate the specification of common technical requirements for their Smart TV offerings (i.e. Philips Smart TV, LG Smart TV and Sharp Aquos Net+), based upon open standards such as HTML5, CE-HTML and HbbTV. As a first step, they will introduce the first beta version of a common Software Development Kit (SDK), which will allow content application developers to create a single application that can run on the Smart TV's from Philips, LG and Sharp Aquos Net+.

This cooperation, for which Philips and LG signed a letter of intent, aims to simplify the way applications are developed.

The beta version of the common SDK will be released by early October.