LG and Gen.G to Hold Fan Meet and Greet in Vietnam

Premium Gaming Brand and Leading Esports Organization Host Special
Meet and Greet with LCK Champions and Influencer-led Life’s Good Tournament

Five members of the Gen.G Esports team attending the event, with the Gen.G logo in the background

SEOUL, April 29, 2024 — LG Electronics (LG) and Gen.G Esports (Gen.G) are excited to announce a ‘meet and greet’ with Gen.G team members, taking place at Another Saigon brand experience space in Ho Chi Minh City, Vietnam, on May 25. This event, a tribute to the tremendous support from Vietnamese fans for the League of Legends Champions Korea (LCK), will also include a tournament for amateur players of the popular multiplayer online battle arena game, along with other fun-filled activities.

120 lucky fans, chosen randomly through an online draw, will have the chance to meet, chat and join in a photo session with five big-name players from the LG-backed Gen.G team. Rounding out what is sure to be a memorable day is a stamp tour of Another Saigon, with special stamps for attendees to collect as they explore and experience LG’s latest lifestyle products.

Another entertaining component of the fan event is the Life’s Good Tournament for amateur League of Legends enthusiasts. The competition will feature teams led by two popular Vietnamese influencers, Mai Dora and Optimus, with commentary on all the action supplied by well-known local casters. Another Saigon, a popular spot among young Vietnamese consumers since its opening earlier this year, will host the semi-final matches and the ‘event match,’ where the tournament champions will play alongside Gen.G team members.

Prior to the gaming session with their idols, the Life’s Good Tournament champs will receive an exclusive one-day training session from a professional coach from the Gen.G Global Academy’s League of Legends program. The professional and amateur players will then form mixed teams and battle it out together in the event match, which will be livestreamed worldwide on the LG Global YouTube channel.

The upcoming fan event is a direct result of the ongoing LG UltraGear™ (LG’s premium gaming brand) and Gen.G partnership. The special occasion serves as a thank you to Vietnam’s legion of LCK fans and as a celebration of Gen.G’s 4th straight LCK victory. Since 2021, LG has been the Official Display Partner of Gen.G, supporting the organization and its highly-ranked e-athletes with industry-leading LG UltraGear gaming monitors. The Gen.G team has achieved remarkable success with LG by its side, securing victories at LCK Summer 2022, LCK Spring/Summer 2023 and LCK Spring 2024.

“We look forward to engaging with Vietnam’s dedicated LCK fans and talented amateur players at this unique esports event,” said YS Lee, vice president and head of the IT business unit of LG Business Solutions Company. “LG UltraGear remains committed to fostering esports culture through its enduring partnership with Gen.G, and will continue to craft innovative products that deliver exceptional gaming experiences.”

“With the support of our fans and close partnership with LG UltraGear, we are pleased to have achieved good results in the 2024 LCK Spring Season and become the first LCK team to achieve a 4-peat,” said Lee Ji-hoon, General Manager of Gen. G Esports. “This is a great opportunity for us to thank our fans for their support. We will continue to work closely with LG UltraGear and repay our fans for their support with good results.”

Fans interested in participating in the fan event day and/or Life’s Good Tournament can find detailed information on LG UltraGear’s official accounts (@ultrageargaming) and on LG.com/vn. Registration for the event opened April 25.

# # #

Showcasing Latest Entertainment Innovations in Middle East and Africa

Last year, the company successfully welcomed back LG Showcase 2023, the renowned event in the Middle East and Africa (MEA) region after a four-year break. This year, LG Middle East and Africa hosted the event once again to introduce the company’s latest offering in the MEA market.

Held in Abu Dhabi from April 24-25 under the theme of “Reinventing Together,” LG Showcase 2024 spotlighted the latest innovations, serving as the ultimate venue for engaging with stakeholders. The event featured four distinct zones – Cinema, Camping, Café and ThinQ Home – each showing how LG’s innovative products and solutions enhance convenience and entertainment in everyday life. This year’s event largely focused on LG’s lineup of home entertainment products, ranging from TVs to audio and gaming products, offering hands-on experience to over 500 visitors.

Upon entrance, visitors were welcomed by the flagship 97-inch LG SIGNATURE OLED M, the world’s first consumer TV featuring Zero Connect technology, which enables the transfer of 4K video and audio wirelessly at 120Hz. This iconic feature resolves all cable management nightmares and allows for an uncluttered space by having all devices connected to the Zero Connect Box and positioned away from the TV.

Also on display was the innovative LG StanbyME, the 27-inch movable smart screen with a unique flexible design, allowing users to easily take it from room to room to watch content as they please. Designed with mobility in mind, it features a base with 5 hidden wheels and a built-in battery offering up to three hours of screen time. Beyond its display capabilities, the LG StanbyME functions as a smart screen, offering various connectivity options such as wireless mirroring and NFC, which can be activated with a simple tap. In addition, it supports a range of streaming services and applications, all pre-installed for convenience. To top it off, it also comes with touch screen capabilities, as well as a remote for easy use.

LG also showcased its improved LG webOS, which brings to the table a completely revamped home screen with wider title cards and smoother tiles for categories such as Game, Music and Home Office. The smart operating system, now celebrating its 10th anniversary, expanded into 300 TV brands and 3,500 content partners, including local partners. Over the past decade, the number of active users in the MEA region has surged by twentyfold.

During the event, the company also highlighted its new α (Alpha) 11 processor that will be used in its flagship TVs, which will deliver powerful AI capabilities and enhance the overall viewing experience. This new processor, found in the LG SIGNATURE OLED M4 and LG OLED G4 TVs, is four times more powerful than its predecessor and will refine clarity, color and sharpness, as well as providing a 70 percent improvement in graphics performance and a 30 percent faster processing speed.

LG also put on display its range XBOOM speakers, which deliver bold and loud sounds with strong bass and massive sound. For instance, the LG XBOOM XL9T and its smaller variant LG XBOOM XL5S is the optimal speaker for any party, produces immense sound with booming base and high notes with pixel art and multi color ring lights to bring life to any space. Also on display was XBOOM Go XG8T, an on-the-go speaker that not only packs a powerful punch in audio but can also boost sound further and turns up the party with its studio light feature.

LG also showcased the LG TONE Fit TF7, an earbud that focuses primarily on comfort, convenience and immersive sound. The LG TONE Fit TF7 offers a superior fit for fitness enthusiasts, ensuring customers can focus solely on their workout without any distractions.

And, in the ‘Gaming’ zone, the company unveiled its latest innovations designed for productivity and entertainment. The latest lineup of LG UltraGear OLED gaming monitors is a true testament to LG’s commitment to the gaming industry. Available in sizes of 32-inch (model 32GS95UE), 34-inch (model 34GS95QE) and 45-inch (model 45GS95QE), these OLED gaming monitors are the pinnacle of gaming displays, bringing in a true immersive experience. Also showcased is the LG MyView Smart Monitor, a must-have for productivity and entertainment, even without having to connect to a PC. Designed for multi-tasking, this monitor will allow you to do your daily work, control home gadgets and even stream your favorite content, all from one display.

What’s more, in the ‘Cinema’ zone, the company showcased various products, including the LG MAGNIT (model LSAL006) and LG Soundbar (model MR11 and S94P2), which can create immersive viewing experiences in the home. With a stunning 118-inch, 4K (3840 x 2160) resolution Micro LED display, LG MAGNIT delivers unparalleled picture quality through the brilliance of Micro LED technology.

Moving over to the ‘ThinQ Home’ zone, LG also showcased its diverse range of home appliances that not only enhance daily life, but also provide functionality, unique upgradability and personalization. This includes the ever-popular refrigerator with MoodUP™, which can transform the vibes of any kitchen with LED panel doors that can have their colors customized through the LG ThinQ™ app; the LG Styler, a premium steam cleaning solution that can refresh garments in minutes; and the ARTCOOL air conditioner lineup which features the LG DUAL Inverter Compressor™, a critical element that brings powerful cooling without compromising on efficiency.

LG Showcase 2024 was a great opportunity to introduce how the company is continuously pushing innovation with its diverse range of products and services that enhance the overall customer experience.

Contributed by LG Middle East and Africa

# # #

LG Announces First-Quarter 2024 Financial Results

Company Pushes Boundaries With Innovative Business Models
While Balancing Core Operations and Future Growth to Create New Opportunities

A picture of LG Twin Towers in the daytime

SEOUL, April 25, 2024 — LG Electronics Inc. (LG) announced first-quarter 2024 consolidated revenue of KRW 21.09 trillion and operating profit of KRW 1.33 trillion. The company’s home appliance sector demonstrated global leadership, achieving record-breaking revenue and double-digit operating profit margins. The EV components sector, a key driver of future growth, continued its steady expansion. Both the TV and business solutions sectors experienced year-on-year sales growth and returned profits compared to the previous quarter.

Despite navigating challenging macroeconomic conditions such as high commodity prices, volatile exchange rates, rising interest rates and delayed demand recovery, LG achieved its highest-ever total revenue for a first quarter. This milestone underscores the effectiveness of implementing sustainable business models like subscription services and leveraging growth opportunities in the promising B2B sector. LG’s emphasis on differentiating features such as AI, energy efficiency and customer-centric design has strengthened its competitiveness in the premium market. Furthermore, the strategic approach of offering diverse product lineups and flexible pricing structures enabled the company to successfully navigate polarized demand trends.

Operating profit surpassed KRW 1 trillion for the fifth consecutive year, showcasing LG’s strong performance in the face of intensifying market competition. The company’s focus on content/service businesses and direct-to-consumer sales via the Online Brand Shop (OBS) has fueled qualitative growth. Efforts to stabilize raw material and logistics costs, coupled with production location flexibility, have further bolstered profitability.

The LG Home Appliance & Air Solution Company generated first-quarter revenue of KRW 8.6 trillion and an operating profit of KRW 940.3 billion. This represents a notable 7.2 percent increase in revenue compared to the same period last year, setting a new record for first-quarter performance. Operating profits reached the second-highest level in the company’s history, with an operating profit margin of 10.9 percent, underscoring the company’s exceptional global competitiveness.

Driven by its core technologies, particularly in motors and compressors, LG’s home appliance business continues to innovate within a mature market landscape. With a commitment to industry leadership, LG is pioneering transformative initiatives such as product subscription services and advancing the concept of ‘Affectionate Intelligence’ appliances. These innovations are tailored to empathize with and address customer needs effectively. Moreover, LG is strategically expanding its B2B ventures, including HVAC and built-in solutions, to capitalize on emerging growth opportunities.

The LG Vehicle component Solutions Company reported first-quarter revenue of KRW 2.66 trillion and an operating profit of KRW 52 billion, reflecting an 11.5 percent year-on-year revenue increase. The ongoing conversion of backlog orders into revenue is progressing steadily. Despite ongoing investments in overseas production sites to fulfill new orders and meet OEM demands, the company has maintained stable profitability, benefiting from economies of scale resulting from revenue expansion.

While there are expectations of a slight slowdown in the recent growth of EV demand, the demand for high-value-added EV components continues to rise steadily. LG is proactively addressing these market dynamics by developing a balanced portfolio, spanning from in-vehicle infotainment to powertrains and headlamps. The company aims to ensure sustained revenue growth and a stable profit base by actively adapting to these market shifts.

The LG Home Entertainment Company reported first-quarter revenue of KRW 3.49 trillion and an operating profit of KRW 132.2 billion. This represents a 4.2 percent increase in revenue compared to the same period last year, driven by a resurgence in TV demand in Europe and the successful launch of new 2024 models. The positive operating profit was fueled by the robust performance of the webOS content/service business, alongside traditional product sales. Despite challenges such as rising LCD panel prices, the company effectively managed profitability.

Looking ahead, a gradual recovery in the TV market demand is anticipated in the second half of the year. LG’s strategy focuses on leveraging its globally leading OLED TV and premium LCD QNED TV offerings while continuously enhancing the profitability of the webOS platform business, which is poised for rapid growth.

The LG Business Solutions Company reported first-quarter revenue of KRW 1.57 trillion, marking a 6.5 percent increase year-over-year, and an operating profit of KRW 12.8 billion. The launch of new LG gram laptops, featuring on-device AI and timed for graduation and enrollment seasons, garnered positive market feedback. In addition, sales of commercial display products, including electronic whiteboards and LED signage, experienced growth. While operating profit returned to positive territory from the previous quarter, there was a slight decrease compared to the same period last year, attributed to factors such as rising component prices and intensified competition.

This year, the overall IT market is expected to maintain similar demand levels to the previous year, with a slight growth anticipated in the commercial display segment. There is an expected increase in demand for high-spec IT products like gaming monitors and LED signage. LG aims to lead the market with strategic IT products tailored to customer needs, integrating gaming-specific features and OLED displays, alongside premium LED products. Efforts to proactively develop promising new businesses such as robotics and EV charging continue to drive future growth prospects.

Earnings Conference and Conference Call
LG Electronics will hold a Korean / English conference call on April 25, 2024, at 16:00 Korea Standard Time (07:00 GMT/UTC). Conference call participants should pre-register online to receive a private PIN. The corresponding presentation file will be available for download at the LG Electronics website before the call.

# # #

 

[Earth Day with LG🌎] Committed to Creating a Cleaner and Better Tomorrow

Earth Day – celebrated annually on April 22 – is a great opportunity for people around all parts of the globe to demonstrate support for environmental protection.

Shared earlier this week, LG USA hosted the ‘Life’s Good Earth Day Fair,’ an event with diverse activities highlighting the importance of sustainable practices. Let’s take a look at how other LG offices around the world shared the positive message of creating a ‘Better Life for All’ in time for Earth Day.

To start off in Germany, the company turned Earth Day into a week-long event through Earth Week on its online brand shop. From April 22 to 28, German consumers will receive a 10 percent discount on all LG household appliances with a green energy label purchased on LG.com/de, not only saving money but also energy at the same time.

LG Germany wanted to fully do its part to contribute to a more sustainable future, which is why it partnered with the local initiative Herzenswald Schmitten, a non-profit association that advocates sustainable environment protection and nature conservation. As a part of this partnership, LG Germany will donate 10 percent of revenue from the energy efficient home appliances purchased between April 22-28 to the organization. Aligned with Herzenswald Schmitten’s mission, LG Germany proudly supports regional afforestation and providing newly planted trees with individual protection against poaching.

And, to boost sustainable practices within the company, LG Germany celebrated Earth Day in its Eschborn office. Employees received a reusable coffee cup, featuring the Life’s Good logo, reducing waste on single-use cups and even further promoting the brand message in public. Also, to motivate employees to reduce their carbon footprint, the company awarded employees who came to the office by either bike or public transportation with a voucher from a coffee bar located in the building – providing an opportunity for employees to use their brand new Life’s Good cups and spread the message. The company is excited to see how many employees make the morning bike ride their daily routine!

Reducing disposable wastes is an important task, one that LG’s headquarters in Korea is also paying great attention to. In time for this year’s Earth Day, LG CEO William Cho joined in on the “Zero Disposables Challenge,” a nation-wide environmental initiative launched by South Korea’s Ministry of Environment last year to encourage the use of reusable items in public. In line with this, the company called on all its employees to boost efforts to reduce the use of single-use products and increase the use of reusable products.

In Taiwan, the company deliberated on ways to make a difference for the planet through small daily actions. LG believes that doing one little thing every day has the power to have a great impact when accumulated over time.

To highlight this message, LG Taiwan unveiled a challenge on its official social media page, inviting users to reshare their Instagram story template, selecting what good things – no matter how big or small – they do to show that they love the earth! Running from April 22 to May 5, the company will select six winners who will receive a gift card.

Last but not least, LG Spain created a video outlining their on-going efforts to create a better planet. In the video shared via its social channels, the company introduces their Smart Green movement, an initiative that uses technology as a means to regenerate the ecosystem. The movement’s goals include planting 47 million trees; repopulating 47 million Iberian bees to ensure the pollination of countless endemic plants; and restoring the seabed, which is home to thousands of plant and animal species. Already seeing great results, LG Spain reiterated its commitment to work with its local partners to change the world for the better.

LG believes Life’s Good but also understands that true enjoyment requires care and attention. The company is committed to not only crafting sustainable products but also to participating in initiatives that foster a better, cleaner future.

Contributed by LG Germany, Taiwan and Spain

# # #

 

LG Channels Expands Portfolio in Europe, Launches Flagship Channel Under LG Brand

In a Europe First, LG Channels Launches Flagship Channel ‘LG 1’
With First-Window Exclusive Content

An infographic displays content from Sony ONE Channel, including Thriller TV, Faves, Comedy HITS, Comedy TV, Blacklist, Action HITS, Dragons’ Den and Shark Tank

SEOUL, April 24, 2024 — This week, LG TV owners across European countries gain access to exciting new free ad-supported streaming television (FAST) channels, including Sony Pictures’ Sony One Channels, and an expansive suite of channels from Lionsgate. With Sony One Channels now available in the UK, France, Italy, Germany, Spain, Sweden, Denmark, Norway and Finland, and Lionsgate channels available in the UK, Germany and France, LG Channels and LG Smart TV owners will be able to enjoy more high-quality content.

Available Sony Channels will include Sony One Comedy featuring fan-favorite Seinfeld; Sony One Thriller TV with shows including Breaking Bad; Sony One Faves with timeless classics including Bewitched; Sony One Comedy HITS with classic comedies such as Step Brothers and Jerry Maguire; Sony One Action HITS dedicated to action and adventure movies from box office hits to critically acclaimed films like District 9 and Men in Black; Sony One Shark Tank,1 one of the most successful reality shows in the world; Sony One Dragons’ Den,2 the juggernaut reality format behind Shark Tank; and Sony One Blacklist,3 a dedicated channel featuring the crime thriller series.

Thanks to our partnership with Lionsgate, UK and German viewers will be able to enjoy first-window4 content licensed for the newly launching LG 1 premium channel, operated under the company’s own brand. This will include exclusive rights to such acclaimed series as Wong & Winchester and Paul T. Goldman5. Other premium shows offered will include Critics Choice Television Award winning series Nashville and Boss, starring Golden Globe winner Kelsey Grammer. The newly added Lionsgate channels will include: MovieSphere, Wicked Tuna, Are We There Yet, Anger Management, Ghost Hunters, Grace & Frankie and Nashville.

Loaded with a wide range of fantastic film channels (like Great!, Popflix, MovieSphere, Netzkino, Moviedome, WeDo Movies, Rakuten TV and Pluto TV) and movies to watch on demand, LG Channels has something for everyone.

Beyond movie magic, LG Channels’ sports channels cover fan favorites such as international football brought by FIFA+, great tennis brought by Tennis Channel or live motor racing from MTRSPT1. Additionally, viewers can watch chess grandmasters battling it out on Chess TV, with more content to be continually added.

LG Channels is available on LG Smart TVs (models 2016-present) and can easily be accessed by pressing the dedicated key on the LG Magic Remote or via home screen.

LG Channels has consistently ranked among the top-five most accessed apps on LG Smart TVs across all regions where the service is offered, attracting an increasing number of viewers. With its newly added channels, the service is now set to provide more high-quality content for users to discover and enjoy.

# # #

1 Available in Italy and Spain.
2 Available in the UK, Finland, Sweden, Norway and Denmark.
3 Available in France and Spain.
4 First-window exclusive: first time on any SVOD, AVOD, Free TV, Pay TV and Basic TV service.
5 “Wong & Winchester” and “Paul T. Goldman” are available on LG Channels in the UK.

How LG OLED Explores Sonic and Visual Realms of Artistry at Venice Biennale

Dive into a thought-provoking expedition of artistic narratives with LG OLED and widely respected artist and filmmaker Sir John Akomfrah at the 60th International Art Exhibition at La Biennale di Venezia 2024. Underscoring LG’s commitment to inspiring audiences and empowering artists, this collaboration with Akomfrah captivates visitors with an exemplary illustration of the fusion of art and technology.

“I’ve never had the chance to work with screens on a scale like this – more than sixty displays,” said Akomfrah, sharing his excitement and enthusiasm regarding the exhibition. “I’m truly delighted to collaborate with LG OLED to bring my artistic vision to life.”

Akomfrah’s artwork promises an immersive exploration of multifaceted topics from the historical portrayal of racialized bodies to species extinction, colonial narratives, urban rewilding, the auditory landscape of climate justice and the evolution of music. His evocative works serve as a manifesto for listening as a form of activism and explore postcolonial stories of how humans have adapted throughout history.

Akomfrah’s choice of LG OLED sets the stage for his boldest and most ambitious commission to date, ‘Listening All Night To The Rain,’ a contemplative digital art experience featuring audiovisual narratives from human history. The exhibition compels the audience to engage in an active relationship with the artwork, to look beyond the surface and truly listen to the message the artist aims to convey.

“The show is impossible without LG OLED because I cannot achieve the balance of light and color and proportions in this place in any other way,” Akomfrah explains as he describes the instrumental role of the display in the exhibition. “LG OLED allows for a certain kind of intimacy with my show in a way that couldn’t have been accomplished in another way.”

Comprised of both newly filmed and archival moving-image fragments, newsreel footage, audio and text pieces, the featured artwork adopts Akomfrah’s signature multi-layered ‘bricolage’ style, filling the exhibition space to create a richly immersive experience.

Showcasing his distinctive style, LG OLED exquisitely presents Akomfrah’s artwork through film, sound and time-based works across multiple OLED displays. Attendees are sure to be mesmerized by the realistic landscapes showcased as interlocking, multi-media installations and stand-alone displays.

He also notes that using LG OLED allows for more control over light and color than ever before. LG OLED ideally enhances the final ensemble of the installation; the image, sound and advanced audiovisual capabilities of LG OLED enrich the depth and realism of the artworks’ sensory elements, guiding viewers as they navigate through the visually stunning and intellectually stimulating experience.

“LG OLED is thrilled to collaborate with the esteemed artist, Sir John Akomfrah, who through the medium of video, evokes sincere emotions and communicates with the world,” says Kate Oh, vice president of the Brand Communication Division at LG Home Entertainment Company. “We are committed to supporting artists like Akomfrah who inspire and captivate audiences with a deep understanding of the intersection between art and technology. By continuing to partner with globally acclaimed artists, we aim to elevate LG OLED’s prominence and pioneer more achievements as the ultimate digital canvas that inspires the world of art.”

Visitors to the Venice Biennale can experience “Listening All Night To The Rain” at the British Pavilion from April 20 to November 24. Explore the exciting realm of LG OLED ART by visiting the website for all the brand’s latest captivating collaborations.

# # #

[Earth Day with LG🌎] Celebrating Sustainability and Environmental Stewardship with Earth Day Fair

Earth Day, observed annually on April 22, serves as an essential call to action for the preservation of our planet for future generations. LG is dedicated to promoting this cause through local initiatives, underlining the impact of every action in protecting our environment.

LG USA aims to foster a greater appreciation for our environment and promote sustainable practices, with the goal of instigating positive change and contributing to the long-term health of our planet. The company is actively seeking to make a real difference by inspiring the next generation of conservationists and addressing urgent issues such as the extinction crisis and climate change.

An illustration of birds and the words Life's Good Earth Day Fair

To reinforce its commitment to sustainability and environmental stewardship, and to reflect its ‘Life’s Good’ ethos, LG organized the ‘Life’s Good Earth Day Fair’ on April 22 at its Englewood Cliffs, New Jersey campus. This public event featured a range of activities emphasizing the importance of sustainable practices.

Chris Jung, President and CEO of LG Electronics North America, speaks at the Life’s Good Earth Day Fair, Monday, April 22, 2024, at the LG Electronics North American Innovation Campus in Englewood Cliffs, NJ. The event hosted a range of activities that highlighted the importance of sustainable practices including an e-waste drive and the unveiling of the new pollinator garden at LG's headquarters. (Diane Bondareff/AP Images for LG Electronics)

In collaboration with the National Wildlife Federation (NWF), the fair provided useful information on sustainable best practices and guidance on creating a Certified Wildlife Habitat® in living, working and recreational spaces.

A key component of the event was the e-Waste Drive, which, like the previous year, provided attendees with the opportunity to responsibly discard unwanted electronics. Participants who brought e-waste for recycling were granted a ticket to join the campus activities.

Chris Jung, left, President and CEO of LG Electronics North America, and naturalist Dave Mizejewski, of the National Wildlife Federation, unveil the new pollinator garden at Life’s Good Earth Day Fair, Monday, April 22, 2024, at the LG Electronics North American Innovation Campus in Englewood Cliffs, NJ. Earning a Certified Wildlife Habitat® certification through the NWF, LG's garden is outfitted with native plants, designed to attract a mixture of pollinators, such as bees, butterflies, moths, and beetles, which will encourage biodiversity, plant growth, clean air, and support wildlife. (Diane Bondareff/AP Images for LG Electronics)

LG also unveiled a new pollinator garden at its headquarters. The garden, which has been recognized as a Certified Wildlife Habitat® by the NWF, features native plants designed to attract a variety of pollinators such as bees, butterflies, moths and beetles. LG anticipates that this initiative will boost biodiversity, stimulate plant growth, enhance air quality and support wildlife. Attendees were encouraged to plant a flower in the garden, contributing to a healthier ecosystem.

Attendees plant native species at the new pollinator garden at Life’s Good Earth Day Fair, Monday, April 22, 2024, at the LG Electronics North American Innovation Campus in Englewood Cliffs, NJ. The event hosted a range of activities that highlighted the importance of sustainable practices including the unveiling of the pollinator garden which earned a Certified Wildlife Habitat® certification from National Wildlife Federation. (Diane Bondareff/AP Images for LG Electronics)

Additionally, LG offered tours of the Inspiration Lab to students, teachers and local community members, showcasing its innovative technologies and sustainability initiatives. Visitors had the opportunity to participate in scavenger hunts organized by the NWF, enjoy food vendors and giveaways, and meet Ranger Rick® and NWF Naturalist Dave Mizejewski.

A picture of the LG 3D anamorphic experience on the Times Square billboard at day time

The Life’s Good Earth Day Fair is just one of LG’s initiatives to commemorate Earth Day. Last week, the company unveiled a 3D anamorphic experience on its Times Square billboard in New York City, showcasing content that highlighted some of the world’s most vulnerable and endangered as well as recovered species in need of ongoing protection. Beginning with the snow leopard and followed by the bald eagle, Galapagos sea lion and reindeer later this year, the series will portray each animal in stunning 3D that appears to be extending out of the actual display.

An illustration of animals and the LG and Discovery logo

And, through partnerships with global edtech leader Discovery Education and the NWF, LG will host a K-12 educational series about vulnerable and endangered species. The LG Endangered Species Series will provide K-12 students with a deeper understanding of the unique qualities of endangered animals, and the role they play in maintaining a healthy ecosystem while fostering an appreciation of what makes each species special. Educators and students may access the free, standards-aligned digital resources created with Discovery Education at endangered-species-series.discoveryeducation.com.

In addition to these activations, LG is working to make Earth Day every day by developing the most innovative products that help provide consumers with significant savings through energy efficiency. As a nine-time ENERGY STAR® Partner of the Year, LG launched a special Earth Day 2024 home appliance promotion, showing the company’s commitment to helping U.S. consumers make energy choices that make a difference, from cutting household utility bills to reducing impact on the environment.

Contributed by LG USA

# # #

LG Takes Center Stage at 37th International Electric Vehicle Symposium and Exhibition

Leader in Mobility Sector Innovation, Company Exhibits Its Cutting-edge Technologies,
Provides Insights into Evolution of Software-defined Vehicle at EVS37

LG’s company logo with spiral-designed official logo of EVS 37

SEOUL, April 23, 2024 — LG Electronics (LG), a respected mobility sector innovator, is participating in the 37th Electric Vehicle Symposium & Exhibition (EVS) at COEX in Seoul, South Korea, from April 23–26. Hosted by the World Electric Vehicle Association (WEVA), EVS has a proud 55-year history and continues to attract top manufacturers, academics and thought leaders from around the globe. At EVS37, themed ‘Electric Waves to Future Mobility,’ LG will showcase its latest electric vehicle (EV) technologies and solutions, including batteries, charging systems and EV components.

This year’s event will play host to more than 600 booths, with an anticipated attendance of more than 1,500 EV experts and approximately 250 companies. LG Electronics, in conjunction with its sister companies LG Energy Solution, LG Innotek and LG Display, is presenting an array of cutting-edge technologies across key areas of innovation. These range from core EV parts and systems to safe and efficient batteries and chargers. With its diverse portfolio of interrelated and complementary solutions, LG aims to play a significant role in driving the future of mobility.

Visitors to LG’s booth at EVS37 will have the opportunity to see the company’s premium in-vehicle infotainment (IVI) system. Employing plastic-OLED (P-OLED) display technology, LG’s system seamlessly unites three displays – an instrument panel, center information display (CID) and co-driver display (CDD) – to create a futuristic and elegantly curved panoramic screen. The much-in-demand system, which also incorporates LG’s exclusive curved glass molding, surface treatment and display bonding technologies, can already be found in a premium EV model from one of world’s top automakers.

LG is also introducing its Automotive Content Platform (ACP) powered by webOS. Designed to elevate the in-vehicle experience, the new platform enables front and backseat passengers to enjoy high-quality video, game and music content while travelling to their destination. Based on the acclaimed webOS platform for LG Smart TV and tailored for in-vehicle use, the ACP powered by webOS offers easy access to a variety of popular OTT apps as well as convenient control and personalized content recommendations. Launched at the end of last year, the LG ACP was initially integrated into Hyundai Motor and Kia’s new Genesis GV80 and GV80 Coupe.

LG Magna e-Powertrain, a joint venture between LG and Magna, is showcasing its innovative products to the public for the first time at EVS37. Among its offerings are an 800V high-speed hairpin motor capable of producing a 250kW output, an 800V SiC inverter that controls motor with electric energy from the battery and an 800V IPGM drive system integrating a motor, inverter and gearbox.

As part of the lecture and discussion series taking place at EVS37, LG will present its insights into the challenges of realizing the software-defined vehicle (SDV) – and introduce its technological solutions for overcoming them. Among the scheduled speakers are research fellows from the R&D laboratory at the LG Vehicle component Solutions Company Hong Hyun-taek, Park Young-kyung and software business leader Lee Jun-nyung. Additionally, LG’s R&D experts will demonstrate how the company is developing vehicle-interior sensing technology that will enhance the overall SDV user experience.

“A recognized leader in advanced vehicle components, LG is excited to unveil its flagship solutions to the public, and share its considerable insight at EVS in Seoul,” said Lee Sang-yong, senior vice president of the R&D laboratory at LG Vehicle component Solutions Company. “Through our cutting-edge technologies, and via strategic collaboration with affiliates and industry partners, we will continue to meet the needs and exceed the expectations of OEMs and end-users.”

# # #

[Earth Day with LG🌎] LG’s Earth Day Commitment: Taking Part in the Fight Against Plastic Pollution

An illustration of the earth and word Earth DayImage source: earthday.org

Earth Day, celebrated annually on April 22, serves as a reminder of our collective responsibility to appreciate and protect our magnificent planet. It calls upon each of us to take significant actions towards fostering a healthier environment and a brighter tomorrow. This year, the theme of Earth Day is ‘Planet vs Plastic,’ chosen to highlight the urgent need to address the widespread problem of plastic pollution. Aligned with this is the ambitious goal announced by EARTHDAY.ORG to reduce plastic production by 60 percent by 2040. From saying “no” to single-use plastics to embracing appliances made using recycled plastics, everyone can play a part in putting society on the path to a plastic-free future.

A company with a comprehensive ESG vision for a ‘Better Life For All,’ LG is involved in a wide range of initiatives that help the wellbeing of people and the planet. Its actions on plastic reduction is coupled with intensifying efforts to develop product solutions, and implement lifecycle strategies, that empower users to play a more active role in bringing about positive change. As these endeavors suggest, LG is committed to promoting a sustainable future while enhancing the wellbeing of individuals and communities worldwide.

A picture of a hand holding pieces of trash

LG’s Innovative Washer Helps Curb Microplastic Emission
Microplastics, minute plastic particles less than 5 millimeters in size, have permeated oceans, soil and even the air we breathe. Their widespread distribution raises concerns for both the environment and human health.1 The washing of synthetic textiles is a significant source of microplastics released to oceans globally, accounting for up to 35 percent. This translates to around 200,000 to 500,000 tons of textile-related microplastics entering the marine environment every year.2

A picture of a kitchen with a washing machine built in

In an attempt to help people contribute to the mitigation of plastic pollution, LG’s new washer comes with the Microplastic Care cycle preinstalled.3 When set to this specialized cycle, the washer utilizes a ‘swinging’ motion and the TurboWash™ 360 feature to minimize fabric friction, providing gentle yet effective cleaning while reducing microplastic ‘shedding’ from garments by up to 60 percent.4

A picture of an open washing machine

Additionally, the latest LG front-loader comes with AI Wash, which leverages the company’s Deep Learning Artificial Intelligence (AI) Direct Drive™ Motor and 6 Motion™ technology. Selecting the optimal washing motions based on fabric type, AI Wash provides improved fabric protection to help extend the lifespan of clothing.5 The new washer also optimizes detergent usage with ezDispense™, which automatically dispenses the right amount of liquid detergent for each load.6

A picture of a factory from above

LG’s Plastic-reducing Initiatives for a Better Life

With a staggering one million plastic bottles used every minute, and up to five trillion plastic bags used annually, plastic waste is polluting our world at an alarming rate.7 Although they undoubtedly make daily life more convenient, home appliances are a substantial contributor to the problem of plastic waste. Recognizing this, LG has greatly expanded its recycling programs for discarded appliances, fostering a sustainable cycle that shows a better way forward for industry and the world.

Illustrations of recycling processes

LG has implemented a resource circulation program that now spans 52 countries, with the LG Recycling Center in South Korea playing a central role. Raw materials such as iron, copper, aluminum and plastic are extracted from old home appliances, then sorted and processed before ultimately being ‘reborn’ as new lifestyle appliances, such as the LG Styler™ ShoeCase and ShoeCare, LG PuriCare™ AeroFurniture and LG tiiun mini.

A picture of a hand holding raw materials and a woman next to household items

Catering to the needs of diverse customer segments, these innovative lifestyle appliances from LG feature outer surfaces made from recycled plastics. Through making upcycling a part of its process, the company is both reinforcing sustainability throughout the entire product lifecycle and presenting eco-concerned customers with a compelling range of stylish and practical solutions that speak to their values, as well as their tastes.

A picture from IFA 2023 of the upcycling workshop zone

LG’s ongoing commitment to addressing the importance of recycled materials was also on show at IFA 2023 in Berlin, Germany, last September. The company’s exhibition booth hosted a number of activities to raise awareness of the importance of plastic recycling, including the planting of resin-pallet ‘trees’ at the LG Sustainable Village’s Upcycling Workshop Zone.

In 2022, LG recovered 472,876 tons of electronic waste from 52 countries, and has collected a cumulative total of 3,998,382 tons since 2007. The company used 32,987 tons of recycled plastics in its products in 2022, a 24 percent increase from 2021.

LG’s worldwide resource circulation program, aligned with the goals of the company’s Better Life Plan 2030, aims to increase the waste-recycling rate at LG production sites to 95 percent by 2030. Additionally, LG has set itself the target of using 600,000 tons of recycled plastics (cumulative) by 2030. Furthermore, LG intends to reach another major milestone – the collection of 8 million tons (cumulative) of discarded appliances by 2030.

LG remains resolute in the pursuit of its Better Life For All vision. The company’s state-of-the-art appliances offer convenient ways for customers to contribute to environmental protection, while its sustainability-focused recycling programs and production practices show a belief in the possibility of a brighter tomorrow.

# # #

1 www.undp.org/kosovo/blog/microplastics-human-health-how-much-do-they-harm-us
2 www.eea.europa.eu/publications/microplastics-from-textiles-towards-a
3 ThinQ UP washing machine users can download the new course from the ThinQ app Upgrade Center. Availability of features may vary depending on product model and region.
4 Tested by Intertek in July 2023. Microplastic Care cycle with 3kg of load (100 percent polyester training jacket) compared to Mixed Fabric cycle (F4Y7EYPBW). Comparing by measuring the amount of microplastics filtered through a 20㎛ filter. Results may differ depending on the item or items of clothing washed and on the usage environment.
5 The AI DD motor attached to washing machines detects fabric type by calculating the unique waveforms of the fabric and help reducing the damage. Feature availability may vary depending on the product models.
6 The application of ezDispense function varies depending on the washer model. The feature can dispense detergent for up to 31 loads when both the detergent and fabric softener compartments are filled with detergent to capacity.
7 www.unep.org/interactives/beat-plastic-pollution/

LG Completes Issuance of Public Foreign Bonds

SEOUL, Apr. 19, 2024 – LG Electronics (LG) has successfully issued a global bond of USD 800 million, marking its first in 17 years. Despite the growing global volatility, LG managed to achieve a negative New Issue Premium (NIP), indicating strong interest from global institutions. 

The bonds are denominated in U.S. dollars and divided into two categories: a USD 500 million bond with a 3-year maturity and a USD 300 million bond with a 5-year maturity. The 5-year bond is classified as a Sustainability Bond. 

The additional interest rate, or spread, is set at 95 basis points (bp) and 110bp above the US Treasury bond interest rate for the 3-year and 5-year bonds respectively, 40bp lower than the initially proposed spread. 

LG received a substantial investment order of approximately USD 9.4 billion (around 12 times the size of the issuance) from a total of 339 institutions. This achievement, based on the maximum order book, marks LG’s bond issuance as the most successful among Korean corporate bonds in 2024, resulting in a negative NIP. 

LG’s strong performance and financial stability have been recognized by global investment institutions, despite the decrease in expectations for a U.S. interest rate cut and increased global instability due to the Iran-Israel conflict. LG continues to show steady performance and is diversifying its portfolio, transitioning from a leading home appliance company to a Smart Life Solution company incorporating EV components, B2B and platform-based services. 

The foreign currency bond issuance is positive for LG in terms of stable fund raising and diversification of borrowing sources. The successful re-entry into the dollar bond issuance market after a 17-year break underscores LG’s strong presence in the global financial landscape.

The funds raised aim to enhance LG’s future competitiveness through R&D and facility investments, in line with its 2030 Future Vision. The Sustainability Bond’s proceeds will be used for eco-friendly and social projects, including the construction of eco-friendly buildings. 

The issuance was managed by a consortium of banks, including BNP Paribas, Citigroup, HSBC, JP Morgan, KDB and Standard Chartered Bank. LG has received stable credit ratings of Baa2 from Moody’s and BBB from Standard & Poor’s. 

This issuance marks LG’s return to the public foreign bond market after 12 years, following its 2012 issuance of Swiss franc bonds valued at 215 million (equivalent to KRW 2.6 trillion at the time). 

# # # 

Promoting Social Inclusion by Harnessing Universal Love for Cooking

Guided by the unwavering conviction that a good life means enjoying every precious moment to the fullest, LG aims to create innovations for a better life while working with brave optimism to ensure Life’s Good for everyone, no matter where they live.

In line with World Happiness Day – celebrated annually on March 20 – LG Germany and influencer Gina Rühl paid a special visit to DAS HAUS in Neuss, spending the afternoon with children suffering from physical and mental disabilities. True to the motto ‘Happiness doubles when you share it,’ this project not only aims to put a smile on the faces of countless children, but also demonstrate the immense impact of technical helpers on the daily lives of those that need a little help.

Gina is a living example of relentless optimism and the ability to turn setbacks into strengths. After a serious motorcycle accident that resulted in the loss of her left arm, she never lost her positive attitude and fought her way back to treat every day like a blessing: “Life goes on, just a little differently.” She quickly regained her mental strength and is now grateful for every experience, demonstrating that life can still be full of joy after a life-changing incident.

That is why Gina was the perfect role model to visit DAS HAUS, a facility that aims to enable children and adolescents to live a fulfilling life on their own terms despite their disabilities. This inclusive facility offers a wide range of music, art, sports and theater courses to help them develop skills and socialize at the same time. DAS HAUS encourages them to push a little further every day and manage their lives actively and responsibly – a message both LG and Gina live by.

The focus of the event was on the joy of cooking together. As they cooked as a team, LG StanbyME provided assistance by displaying cooking tutorials and entertainment. In fact, it proved to be so useful that LG donated two of them to DAS HAUS soon after. The contact was made through nestwärme e.V., an association that supports families with chronically or terminally ill children and children with disabilities. As a token of gratitude, LG also donated an LG StanbyME to a children’s hospice of nestwärme e.V.’s choice. But the generosity did not stop there, as LG and Gina raffled off five devices to social clubs and organizations through Instagram.

The efforts of Gina Rühl and LG on World Happiness Day highlight technology’s potential to go beyond its primary purpose – it connects people and inspires new possibilities. This project underlines the company’s commitment to effecting positive change not only on special occasions but every day, in line with its Life’s Good message.

In Argentina, the love of cooking, which transcends borders, was again leveraged to spread positive change. LG Argentina employees volunteered their time to the Fundación Sí, a non-profit organization dedicated to eradicating poverty by enhancing the quality of life and social inclusion of the less fortunate. Volunteers are recruited to offer housing and financial aid to underprivileged graduates to increase their access to education, and perform nightly trips to give the homeless food, medical attention and emotional support.

Last month, LG Argentina employees convened in the kitchen to bake bread for the homeless and give hope of a future where Life’s Good.

This baking event was just one of the many activities that took place in partnership with Fundación Sí. Another important action was the sponsorship of four high-achieving local university students which will support their development going forward and help them achieve their professional aspirations.

LG offices around the world are committed to creating a Better Life for All, not only through its advanced products and solutions but also through its social initiatives. Stay tuned to LG Newsroom to discover more initiatives designed to realize a future where Life’s Good for people and the planet.

Contributed by LG Germany and LG Argentina

# # #

LG CEO Advocates Leadership as Key to Success in Latest ‘CEO F.U.N. Talk’

Since taking the helm as LG’s CEO at the end of 2021, William Cho has been a strong proponent of transparency, especially in nurturing relationships and open communication within the company’s workforce. This dedication to honest conversation inspired Mr. Cho to launch the ‘CEO F.U.N. Talk’ series, a forum for him to interact with LG employees on critical topics and the company’s future direction. The first CEO F.U.N. Talk of 2024, held on April 15, focused on ‘leadership,’ a vital component in the corporate sphere that merits regular discussion. Leadership was also the central theme at the first CEO F.U.N. Talk of 2023.

As LG aims to transform into a high-performance organization capable of consistent growth, CEO Cho underscores the need for employees to demonstrate “a sense of leadership.” Prior to this month’s talk, Mr. Cho conducted a survey to understand employees’ views of a high-performance organization and its implications for LG. “A high-performance organization is one that persistently pursues excellence to deliver outstanding results and promotes mutual growth between the company and its employees,” stated CEO Cho. He further explained that a passion for continuous learning, goal setting and skill development are essential.

Furthermore, to surpass competitors, LG must provide customers with unique experiences and significant value, thereby creating a unique competitive advantage. Mr. Cho highlighted how effective leadership at all levels drives high performance and successful organizational transformation. “The power of a participatory organizational culture amplifies when each member displays leadership and adheres to the A.C.E. principles,” he said.

CEO Cho’s A.C.E. principles include: ‘Aim for Clarity’ by setting measurable goals, breaking them down into stages and presenting clear results; ‘Conduct with Agility’ to quickly identify key issues and foster a productive work environment while also prioritizing tasks effectively; and ‘Excellence in Process’ – encouraging employees to actively define their roles and responsibilities, enhance collaboration with stakeholders, meticulously analyze all processes and allocate resources appropriately.

Mr. Cho also stressed the significance of the right leadership mindset. He asserted, “Strong willpower and persistence, rather than talent or intelligence, are crucial for achieving your dreams.” He added that every employee should not only lead their own change but also guide others in the broader transformation of LG into a high-performance organization.

Mr. Cho further highlighted organizational culture as a cornerstone for the company’s future growth and evolution. A positive and empowering corporate culture requires an environment where employees can enjoy their work and have the flexibility to change the way that they work to grow and reach their full potential. In line with this, ‘REINVENT LG’ encourages all LG employees to collaborate and innovate. Initially launched to foster a healthy organizational culture, REINVENT LG has extended to the company’s entire value chain and has become a catalyst for ‘high-performance’ management innovation.

Wrapping up the talk, CEO Cho outlined three focal points: ‘Product,’ encompassing business models and strategies associated with LG’s products and services; ‘Process,’ denoting the company’s operational methods; and ‘People,’ emphasizing the enhancement of employees’ skills. By focusing on these pivotal areas and applying its management and leadership principles, LG anticipates short-term improvements in sales and operating profit, and long-term enhancements in its business portfolio and corporate value.

In relation to ‘Product,’ Mr. Cho highlighted how LG is mitigating the impacts of a sluggish global economy by concentrating on its subscription business. This new business model has proven successful despite a decrease in demand in the home appliance market. Discussing ‘Process,’ he expanded on ‘Affectionate Intelligence,’ LG’s AI solution crafted from customer experience data, and explored various AI applications. In the ‘People’ segment, the CEO introduced several systematic training programs and support initiatives that LG is currently implementing.

The tenth CEO F.U.N. Talk took place at LG Twin Tower in Seoul, South Korea, and was attended by over 10,000 employees. Throughout 2024, CEO Cho plans to engage and communicate with more LG employees by extending the program to other business locations in Korea, including Changwon, Pyeongtaek and Gumi.

# # #

LG Strengthens European Presence With Its Kitchen Solutions Showcase at MDW 2024

Featuring Advanced AI Technologies and Sleek Design, Company’s Expanded Lineup
of Built-in Appliances Brings Outstanding Convenience and Style to the Kitchen

A photo of a man experiencing a free zone induction hob in the SIGNATURE KITCHEN SUITE Kitchen zone at Salone del Mobile

SEOUL, April 18, 2024 — LG Electronics (LG) is unveiling its latest built-in kitchen appliances at Milan Design Week (MDW) 2024, taking place in Milan, Italy, from April 16-21. At the center of LG’s Milan showcase are the brand-new Signature Kitchen Suite built-in oven, free zone induction hob and downdraft hood. Boasting innovative, premium design and highly-convenient features, the company’s refined built-in solutions bring exceptional ease-of-use and effortless elegance to the kitchen.

Signature Kitchen Suite Built-in Oven with Advanced Cooking Technologies
Debuting at MDW 2024 and designed with European consumers in mind, the Signature Kitchen Suite 60-centimeter (24-inch) built-in oven offers a variety of cutting-edge features and AI technologies to elevate the culinary experience. Equipped with Gourmet AI™️, the oven can identify what the user is cooking and automatically select the appropriate cooking mode from 130 recipes. Gourmet AI also enables ‘browning’ control for foods such as pizza and steak, actively keeping tabs on the cooking process and notifying users via the ThinQ™️ app as soon as their food is done. Thanks to video-recognition, LG’s intelligent oven can suggest the optimal settings for the dish being prepared, while real-time video monitoring and time-lapse recording make it easy to check on the progress of one’s meal using the ThinQ app.

Employing enhanced ProBake powered by inverter technology, the new oven delivers uniform heat and fast, efficient cooking with an A++ energy rating. LG’s innovative technology rotates the convection fan back and forth to ensure shorter preheating times, even heating and crispier results when using the oven’s Air Fry mode. The company’s unique InstaView™️ technology further enhances user convenience, making it possible to see inside simply by knocking twice on the oven door.

Free Zone Induction Hob for Convenient and Flexible Cooking
The Signature Kitchen Suite’s 90-centimeter (36-inch) free zone induction hob presents next-level flexibility and ease-of-use, allowing users to place any size and type of cookware – such as Paella pans and moka pots – anywhere on its cooking surface.* The new appliance can detect and track the position of cookware, eliminating the need to manually cancel and reapply settings when moving a saucepan or skillet from one part of the cooking surface to another. What’s more, the AI technology embedded in the hob can detect the temperature of cookware and automatically lower the heat when necessary, helping to minimize spills and splatter when boiling water or preparing soups and sauces.

Expanded Built-in Lineups for Diverse Kitchen Lifestyles
LG is further bolstering its built-in product lineup with the introduction of the new Signature Kitchen Suite downdraft hood. Made to integrate seamlessly into islands and countertops, the 90-centimeter (36-inch) hood offers a sleek, sophisticated look with its chic black glass and modern frame design. It also provides powerful ventilation, effectively extracting steam and odors for a more pleasant cooking experience.

Additionally, LG has expanded its portfolio of built-in appliances for the European market. Along with new products, such as an 80-centimeter (30-inch) induction hob and built-in combi refrigerators and microwave ovens, the company now provides a wider range of options within its oven lineups – from more product variation to a greater choice of colors and sizes. Among the new models are the Signature Kitchen Suite 122 centimeter (48 inch)-wide French-door refrigerator and stunning appliances from the Transitional lineup, featuring slim handles and satin stainless steel exteriors with a velvety matte finish. To help customers create a curated kitchen aesthetic, the company offers an array of new finishes for its premium built-in products, with black stainless steel and stainless steel joining the previously-introduced black glass finish.

“We are thrilled to showcase our latest built-in innovations at this year’s Milan Design Week, demonstrating our commitment to leading new design trends and meeting the diverse needs of European customers,” said Lyu Jae-cheol, president of LG Electronics Home Appliance & Air Solution Company. “LG will continue to strengthen its presence in Europe through an expanded range of built-in appliances delivering style, performance and convenience in the kitchen.”

Visitors to MDW 2024 in Milan from April 16-21 can experience LG’s latest built-in lineups at the LG booth at Milan Fairgrounds.

# # #

* Cookware recognition may vary depending on the size or number of items placed on the surface.

[Earth Day with LG🌎] LG Launches Vulnerable and Endangered Species Awareness Campaign in Times Square

3D Anamorphic Animal Series Kicks Off Company’s
Local and Global Earth Day Activations

A picture of the LG 3D anamorphic experience on the Times Square billboard at night time

SEOUL, April 17, 2024 — Heralding the arrival of Earth Day 2024, LG Electronics (LG) unveiled today a 3D anamorphic experience on its Times Square billboard in New York City highlighting vulnerable and endangered species. The LG Endangered Species Series, which will run throughout 2024, features partnerships with Discovery Education and the National Wildlife Federation focused on educating students K-12 on conservation initiatives.

3D Animals Overlook Times Square
Unveiling on its dynamic Times Square billboard, LG will introduce a digital out-of-home (OOH) campaign showcasing anamorphic content that will highlight some of the world’s most vulnerable and endangered and recovered species in need of ongoing protection. Different species will be highlighted throughout the year beginning today with the snow leopard, followed by the bald eagle, Galapagos sea lion and reindeer later this year. The series will portray each animal in a stunning 3D effect that appears to be extending out of the actual display.

Education Program Elevates Conservation Awareness
Through partnerships with Discovery Education and the National Wildlife Federation, LG will host a K-12 educational series about vulnerable and endangered species tied to the Time Square billboard series. The LG Endangered Species Series will provide K-12 students with a deeper understanding of the unique qualities of endangered animals, and the role they play in maintaining a healthy ecosystem while fostering an appreciation of what makes each species special. LG will distribute curriculum materials aligned with educational standards to students and educators across the U.S. For additional details and opportunities to contribute to NWF’s EcoSchools U.S. and EcoLeaders programs, visit www.nwf.org.

Life’s Good Earth Day Fair
The LG Electronics North American Innovation Campus in Englewood Cliffs, New Jersey, is hosting the Life’s Good Earth Day Fair on April 22. Open to the public, the event will include a range of activities that highlight the importance of sustainable practices.

In collaboration with the National Wildlife Federation, the community fair will provide valuable information on sustainable best practices and guidance on establishing your backyard as a Certified Wildlife Habitat®.

In addition to these activations, LG is working to make Earth Day every day by developing the most innovative products that provide consumers with significant savings through energy efficiency.

# # #

LG OLED evo TVs Receive Eco-Friendly Certification for Fourth Consecutive Year

LG 2024 OLED evo TVs Demonstrate Company’s Dedication to
Sustainability and Highlight Premium Value of LG OLED TVs

SEOUL, April 16, 2024 — LG Electronics (LG) continues to receive recognition for its steadfast commitment to sustainability and eco-conscious practices. LG 2024 OLED evo TVs achieved Reducing CO21 and Measured CO22 certifications from the Carbon Trust3 and Environmentally Evaluated Mark4 from Société Générale de Surveillance SA (SGS), marking the fourth consecutive year of consistent acknowledgement for LG’s ESG initiatives. LG’s newest OLED TVs have also earned their second successive Recycled Content certification5, further demonstrating LG’s sense of environmental responsibility.

The Carbon Trust works to usher the globe into a future of zero carbon emission by assessing the environmental impact of a product’s entire life cycle, from production and distribution to use and disposal. SGS certification focuses on resource efficiency and the presence of hazardous substances, while Intertek measures the percentage of recycled materials used. The organizations’ respective approaches promote responsible consumption practices across diverse industries and contribute to the broader goal of sustainability worldwide.

Notably, the self-lit nature of LG OLED TVs garners significant attention in stringent sustainability evaluations. Unlike LCD TVs, LG OLED TVs do not require a backlight, meaning a simpler structure and fewer necessary components. For instance, LG’s 65-inch OLED evo, made of ultra-light composite fiber, uses 60 percent less plastic than a typical LCD TV of the same screen size and weighs 20 percent less.

Based on the estimated sales of LG OLED TVs this year, the total amount of plastic used in LG OLED TVs from 2022 to 2024 is expected to be 45,000 tons lower than that of LCD TVs sold during the same period. The reduction in plastic usage will lead to a decrease in carbon emissions of approximately 234,000 tons a year, equivalent to the carbon dioxide absorbed by a 30-year-old pine forest. This number translates to one-third of the area of Seoul or about 31,000 soccer fields.

Recycled plastics account for about 20 percent of the plastic used in the manufacturing of all LG TVs, including OLED TVs, equal to around 4,000 tons of recycled waste plastic annually.

Beyond environmental activities, LG’s various ESG initiatives have received praise from reputable domestic and international organizations. In 2023, LG was named in the Dow Jones Sustainability World Index (DJSI World) for the twelfth year in a row. The DJSI World ranks in the top ten percent of the largest 2,500 global companies based on their long-term economic, environmental, social and governance practices. The company’s inclusion on this prestigious list for twelve consecutive years is a significant milestone, as LG is the sole South Korean company in the Leisure Equipment & Products and Consumer Electronics industry category to achieve this feat.

Furthermore, LG has received the ‘Comprehensive A grade’ from the ESG Evaluation and Rating Announcement of Korea ESG Standards Institute (KCGS) for three years running, and last year, the company earned its fourth back-to-back ‘A’ rating from the Morgan Stanley Capital International (MSCI) ESG Rating.

“LG OLED TVs lead the market as the ultimate choice for premium viewing experiences, while also going beyond to set the bar for ESG standards,” said Baik Seon-pill, leader of the LG Home Entertainment Company’s Product Planning Division. “LG will remain devoted to continuing efforts toward creating a better planet for all.”

# # #

1 77/65/55-inch LG OLED evo G4 models.
2 97/83-inch LG OLED evo G4 models and all LG OLED evo C4 models.
3 Only applies to listed products sold in markets/regions participating in the Carbon Trust’s labeling program.
4 All LG OLED evo G4 and C4 models.
5 All LG OLED evo G4 and C4 models.

SUBSCRIBE

Sign up to receive LG Newsroom announcements by email