Sixth Consecutive CES Innovation Awards for LG OLED TVs,
Home Appliances and Flagship Smartphones

SEOUL, Nov. 10, 2017 ― The Consumer Technology Association (CTA™) is recognizing LG Electronics (LG) for groundbreaking innovations in technology and design with CES^® 2018 Innovation Awards – led by multiple honors for LG OLED TVs and refrigerators to be unveiled in January.

This marks the sixth consecutive year that LG OLED TVs, home appliances and flagship smartphones all have received CES Innovation Awards, the official industry recognition for the most innovative products introduced at the annual consumer technology show known as CES^®. LG also will receive its 12th CES Best of Innovations Award for a unique new product that will be introduced at the 2018 show.

LG earned CES 2018 Innovation Awards in eight highly competitive categories: Video Displays, Home Appliances, Wireless Handsets, Smart Home, Digital Imaging, Home Audio & Video Components, Computer Peripherals and Embedded Technologies.

Leading the company’s CES 2018 Innovation Award winners are multiple awards for both LG Door-in-Door^® Refrigerators with SmartThinQ™ technology and for LG OLED TVs with perfect blacks, infinite contrast, expanded color gamut and the widest viewing angles. Other Innovation Award-winning LG products include a new washer and dryer, an advanced video projector, 4K UHD Smart TVs and more, all being introduced at CES 2018.

2018 CES Innovation Awards

Sponsored by CTA and endorsed by the Industrial Designers Society of America, CES Innovation Awards highlight product advancements across technology design and engineering. The awards are selected annually by a panel of esteemed industry designers, engineers and journalists who judge submissions on a variety of criteria, which span user value, aesthetics, innovative design, quality and contributions to quality of life.

The full list of LG’s 2018 CES Innovation Awards, including yet another Best of Innovations Award, will be announced in conjunction with LG’s CES press conference at 08:00 PST on January 8, 2018 in Las Vegas, Nevada, USA.

# # #

Authentic, Real People Communicate Inspiring
Messages in Video Series to Stay True to Oneself

SEOUL, Nov. 7, 2017 — LG Electronics (LG) will celebrate the inspiring, yet relatable everyday moments in This is Real, a campaign for its newest flagship smartphone, the V30. Through new video and social content, focused on the V30, LG will highlight and support real people doing, achieving and overcoming amazing things.

“The V30 was designed to be the best content creation smartphone on the market today and what better way to demonstrate the capabilities of this device than through people who live honest and authentic lives every day,” said Kim Su-young, vice president and head of marketing for LG Electronics Mobile Communications Company. “Being real isn’t about being glitzy or glamorous but hard work and resilience, the same qualities we’re celebrating in this campaign with help from the V30 and its ability to capture pure stories.”

To kick off the campaign, LG is producing a series of video content that features a montage of people making their own promise to be authentic and real. From revealing the sheer skill of a deaf dancer to highlighting the triumphs of an actress living with alopecia, the series will spotlight inspiring people’s stories in docu-style segments.

While documenting real and honest moments of inspiring individuals, LG will highlight the V30 as the smartphone to tell their moving stories in high quality. The spots follow real people and stories inspired by real people to show how they use the V30 to capture their everyday.

To experience the videos in the series, visit https://youtu.be/pWcw90HZQtk .

# # #

With More Than 8W of Power, LG’s Latest V30 Delivers the
Fastest Wireless Charging Experience in a Smartphone

SAN JOSE, CALIF., Nov. 6, 2017 — LG Electronics (LG) and Integrated Device Technology, Inc. (IDT) have partnered on the world’s first implementation of Qi wireless charging Extended Power Profile (EPP) in a flagship smartphone, the LG V30. EPP enables safe, wireless fast charging capability while remaining compatible with existing Wireless Power Consortium (WPC), Qi 5W, baseline transmitters commonly used today.

IDT’s market-leading wireless power chips are designed to provide fast wireless charging by reducing charge times by up to 30 percent. The addition of the wireless charging feature contributes to the water-resistance and durability of the sleek, low profile, Qi certified smartphone design.

LG’s latest flagship sets a new standard in the evolution of premium smartphones with its offering of optimal multimedia capabilities. The V30 features many industry innovations – the first F1.6 aperture glass Crystal Clear Lens, the first OLED FullVision display, Cine Video mode for producing movie-quality videos, premium sound with advanced Hi-Fi Quad DAC and sound tuning by B&O PLAY.

“With the introduction of the V30, LG has cemented their position as a technology leader in wireless power with the adoption of fast charging based on the extended Qi specification,” said Chris Stephens, general manager of IDT’s Mobile Power and Sensing Division. “We anticipate that the industry will follow LG’s pioneering adoption of the Extended Power Profile specification to increase wireless charging speed.”

The IDT wireless power receiver offers best-in-industry integration, efficiency, and solution area. The device is based on a flexible 32-bit ARM^® M0 core architecture that has allowed LG to optimize wireless charging performance and charging speed.

“We’re again partnering with IDT on the V30 because their technology is second to none when it comes to fast, convenient wireless charging, which is a key feature for many of our premium phone customers,” said Ha Jeung-uk, vice president and head of LG Mobile’s premium business division. “The ability to charge wirelessly 30 percent faster than before gives the V30 a huge advantage over the competition.”

# # #

©2017, Integrated Device Technology, Inc. IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc., and its worldwide subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

Acclaimed Artist Michael Murphy Interprets
LG’s Latest Flagship Using Different Perspectives

SEOUL, Oct. 31, 2017 — LG Electronics (LG) and artist Michael Murphy have teamed up to communicate the rich multimedia capabilities of the new LG V30 smartphone using kinetic art.

Kinetic art relies on motion to create an effect. But the art doesn’t actually move, the viewer does. When viewed from a different angle, the artwork transforms into something altogether different. It goes without saying that this field of art is immersive and is best experienced in person at exhibitions. For the millions of art lovers who cannot attend Murphy’s exhibit, his two works interpreting the V30 video and audio capabilities can be viewed in their full glory at https://goo.gl/SkkEVN and https://goo.gl/rq3cjX.

The LG V30 is a device that was designed for users who want to create, as well as consume, content. LG felt that kinetic art was an appropriate medium to communicate to fans of art and technology. And Michael Murphy was the perfect artisan to make the concept a reality.

From Brooklyn, New York, Murphy is best known for his 2007 portraits of then-U.S. Presidential Candidate Barack Obama, which was influential on the Art for Obama movement. He is a pioneer of Perceptual Art which uses multidimensional techniques to create three dimensional works of art. Murphy is the talent behind notable works such as Perceptual Shift and Gun Country, which resonated with audiences during a transitional time in the nation’s history.

“We want to spark the imagination of those with a creative sense by challenging them to think outside the traditional boundaries, as Michael Murphy does,” said Kim Su-young, head of marketing for LG Electronics Mobile Communications Company. “Showcasing products such as the V30 in creative new ways is the most effective way to communicate with our target audience of content creators.”

The LG V30 has earned accolades for offering the most powerful multimedia features among this year’s high-end smartphones. Some of these features include an F1.6 aperture Crystal Clear glass lens, dual cameras with a 120-degree wide angle lens and minimal edge distortion, Hi-Fi Quad DAC and sound tuning by audio experts at B&O PLAY.

# # #

 Home Entertainment Achieves Record Profitability;
Home Appliances Report Strongest Third Quarter Revenues Ever

SEOUL, Oct. 26, 2017 ― LG Electronics Inc. (LG) today announced consolidated third-quarter 2017 revenues of KRW 15.22 trillion (USD 13.44 billion), an increase of more than 15 percent compared with the third quarter the previous year. All of LG’s four major business units reported higher revenues from the same period a year ago. Quarterly operating income of KRW 516.1 billion (USD 455.7 million) almost doubled from 2016, reflecting strong profitability in home entertainment and appliances despite the gloomy business environment resulting from increasing international trade concerns.

The LG Home Appliance & Air Solution Company once again accounted for the largest share of quarterly revenue with KRW 4.98 trillion (USD 4.4 billion), an increase of 16 percent from the same period last year, buoyed by strong sales in North America, Europe and Asia, particularly in the domestic market. Operating income of KRW 424.9 billion (USD 375.16 million) was 26 percent higher year-over-year. Demand for premium appliances in Europe, Latin America and Asia, especially Korea, is expected to remain strong in the fourth quarter.

The LG Home Entertainment Company reported its highest quarterly operating profit of KRW 458 billion (USD 404.39 million) and record high operating margin of 9.9 percent thanks to higher demand for premium TVs in the Americas and Asia. Sales improved 12 percent from the same period in 2016 to KRW 4.64 trillion (USD 4.09 billion). LG’s strategy to overcome volume competition by expanding the premium component of its TV business focusing on OLED and Ultra HD TVs is proving to be a success. Sales of OLED units by the end of the third quarter were equivalent to the total number of units sold in 2016 which was more than double the 2015 figure.

The LG Mobile Communications Company recorded revenues of KRW 2.81 trillion (USD 2.48 billion), an increase of 8 percent from a year ago and 4 percent higher than the previous quarter, primarily from sales of the flagship G6 smartphone as well as mass-tier models such as the Q and K series. An operating loss of KRW 375.3 billion (USD 331.37 million) was an improvement of 13 percent from the 2016 third quarter. Smartphone shipments of 13.7 million units were 44 percent higher than the second quarter in the domestic market and 9 percent higher in North America. The business unit will focus on driving increased sales of the well-reviewed V30 and improving cost competitiveness in the final quarter of the year.

The LG Vehicle Components Company achieved strong sales of KRW 873.4 billion (USD 771.2 million), up 29 percent from the third-quarter of 2016, while reporting an operating loss of KRW 29 billion (USD 25 million) in the quarter, reflecting continued investments in R&D and business development. Sales of infotainment products and electric vehicle (EV) components remained strong although slowing global automobile sales affected the business unit’s growth. An increase in EV production by major automobile manufacturers is expected to help grow the vehicle components business going forward.

2017 2Q Exchange Rates Explained

LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending September 30, 2017. Amounts in Korean won (KRW) are translated into U.S. dollars (USD) at the average rate of the three-month period of the corresponding quarter — KRW 1,132.57 per USD.

Earnings Conference and Conference Call

LG Electronics will hold an English language conference call on October 27, 2017 at 09:00 Korea Standard Time (00:00 GMT/UTC). Participants for the English conference call are instructed to call +82 31 810 3061 and enter the passcode 9084#. The corresponding presentation file will be available for download at the LG Electronics website (www.lg.com/global/ir/reports/earning-release.jsp) at approximately 16:00 on October 26, 2017. Visit http://pin.teletogether.com/eng and pre-register with the passcode provided. For those unable to participate, an audio recording of the news conference will be available for a period of 30 days after the conclusion of the call. To access the recording, dial +82 31 931 3100 and enter the passcode 142870# when prompted.

# # #

SEOUL, Oct. 10, 2017 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the third quarter of 2017.

Tentative consolidated revenues for the third quarter of 2017 is nearly KRW 15.2 trillion with an operating profit of KRW 516.1 billion. Revenues are expected to be 15.2 percent higher with operating profit 82.2 percent higher than the same period the year prior.

                                                                                                                                     (Unit: KRW bn)

These figures are the tentative consolidated earnings based on K-IFRS. This is provided as a service to investors prior to LG Electronics’ final earnings results including net profit and details regarding each division which will be announced officially later this month.

# # #

Competition Helps Challenged Students in Asia Get Started in IT Careers

SEOUL, Sep. 21, 2017 — LG Electronics (LG) is attempting to prove that amidst the criticism that the IT sector isn’t as inclusive as it could be when it comes to gender and age, one thing is certain – IT has no limitations when it comes to one’s physical capabilities.

To prove this point, LG is partnering with Rehabilitation International Korea (RI Korea) and organizing the seventh annual Global IT Challenge for Youth with Disabilities in Hanoi, Vietnam from September 19-21. Korean Ministry of Health and Welfare and LG will host this event sponsored by Korean Ministry of Science and ICT, UNESCAP, RI (Rehabilitation International) and Community Chest of Korea. Physically challenged middle and high school students from across 16 countries in the Asia region that includes China, India, Indonesia, Thailand, Malaysia, Kazahstan, Uzbekistan and the Philippines among others, were selected to compete across several IT categories. Vietnam was selected as the host country in recognition of the 25th anniversary of diplomatic ties between the nation and the Republic of Korea.

Since its debut in 2011, the Global IT Challenge for Youth with Disabilities has pursued the goal to minimize the digital divide in the participants’ ability to access technology and improve their chances of finding meaningful careers. More importantly, the competition helps young adults increase their confidence and dream bigger dreams. “For me, this is a stepping stone to get into a university and become a photo editor,” said 17-year-old Nguyen Doan An of Hanoi.

Competitors will be judged by a panel made up of representatives from Korea’s top Seoul National University’s Computer Engineering Department, experts from LG Electronics’ R&D Center and IT specialists. The students will be evaluated on their ability to solve problems and think creatively using today’s technology tools. In addition to the invaluable experience, winners will receive cash prizes to assist with educational expenses.

“The challenges disabled individuals face in Asia won’t disappear overnight but with the proper training and attitude, we can help lower the barrier to entry into the IT workforce,” said Kim Young-lak, president of LG Electronics Vietnam. “LG is providing a foundation for today’s challenged youth to discover new possibilities and unleash their true potential. We are confident that these students will leave the competition knowing that they can achieve anything.”

# # #

Latest Flagship Earns Praise for Plethora of Useful Features
Enhancing the Visual and Aural Experience

SEOUL, Sep. 20, 2017 — LG Electronics (LG) begins shipping its well-regarded LG V30 smartphone to customers in its home country of South Korea this week and will be followed by deliveries to eager customers in North America, Europe and other key markets globally in the days and weeks to come.

The LG V30 created strong interest at this year’s IFA 2017 in Berlin, winning 26 awards, the most for LG at the annual trade show. Audiences praised it for its superb design and range of innovative features with experts predicting it will be the phone to beat when it comes to creating professional-quality content without professional-level complexity.

To best deliver consumers’ preference for big screens in small bodies, LG engineers squeezed a 6-inch, 18:9 FullVision display into a frame that is 8mm shorter and 3mm narrower than its predecessor. Sheathed front and back in tempered glass that curls around its edges, the V30 won accolades for its exquisite look and feel. Weighing in at only 158g, the V30 is the lightest smartphone in the 6-inch and over smartphone category.

“The V30 was designed to help consumers best capture the experiences that make up our life stories,” said Juno Cho, president of LG Electronics Mobile Communications Company. “Its functions and features delight our senses of sight, sound and touch and when it comes to looks, it may just be the most beautiful smartphone we’ve ever developed.”

LG is a leader in smartphone photography, and the V30 extends this legacy. The phone features many industry innovations, including the first F1.6 aperture and glass lens in a smartphone camera, the ability to produce near professional quality movies and videos by shooting in LG-Cine Log format and the smartphone industry’s first OLED display in FullVision format.

The F1.6 aperture lens that highlights the main camera captures more light for brighter-than-ever shots. The Crystal Clear Lens is composed of glass, a material usually only found in higher-end cameras that delivers more accurate colors and crisper images than traditional plastic lenses.

As a video capture tool, the V30 is equipped with Cine Video mode to make anyone shoot like a pro. Cine Effect features 15 different presets that emulate genres from romantic comedy to summer blockbuster. And industry-first Point Zoom allows one to zoom in on any subject in the frame, not only the center object. LG-Cine Log saves files while preserving a wide dynamic range and color gamut to allow for more adjustments in post-production. All this, when combined with the QHD+ (2880 x 1440) OLED FullVision display, offers faster response times and minimizes afterimages for the ideal Google Daydream VR experience.

Additional details including price and exact date of availability will be announced locally in each market.

# # #