LG Recognized as Industry’s First for Compliance With Open Source Software Security Management

Receiving Certification for ISO/IEC DIS 18974 Compliance, Company
Aims to Strengthen Competitiveness of Its Software-Based Businesses

Logos of LG and the Linux Foundation’s OpenChain Project placed side-by-side

SEOUL, April 28, 2023 — LG Electronics (LG) recently earned industry-first recognition for its software supply chain security management system, receiving ISO/IEC DIS 18974 certification – the international standard for open source software (OSS) security management systems established by the Linux Foundation’s OpenChain Project. Comprised of a global network of companies, the OpenChain Project is a voluntary consultative body focused on building trust in the OSS supply chain.

LG’s software supply chain security management system meets over thirty of the requirements stipulated by the OpenChain Project, including the establishment of internal policies related to OSS security, the periodic updating of security policies and the use of various tools for software security testing.

The first global manufacturer to obtain the ISO/IEC DIS 18974 certification, LG continues to demonstrate its advanced capabilities and a strong commitment to responding to security vulnerabilities in the software supply chain.

As part of the company’s strategy to upgrade its business portfolio, the company is accelerating its advancement into non-hardware business areas, such as platforms, solutions as well as content and services, by leveraging its accumulated software capabilities and expertise in diverse segments including home appliances, TVs, electric vehicle components and B2B solutions. Additionally, by securing global competitiveness in terms of OSS supply chain security and stability, LG expects to further strengthen overall business competitiveness.

With the heavy reliance on software systems in today’s business environment, the importance of OSS security cannot be overstated. According to the 2022 Open Source Security and Risk Analysis Report released by global security company, Synopsys, about 81 percent of OSS used in software development has security vulnerabilities.

OSS is distributed with its source code, making it publicly available for use, modification and distribution by anyone at any time. It can reduce the time and cost of software development and is advantageous in terms of ecosystem expansion, leading to its wide use across service and platform development.

In 2019, LG became the first Korean company to conform to ISO/IEC 5230, the International Standard for open source license compliance. In 2014, the company developed the OSS management tool ‘FOSSLight’ (Free and Open Source Software Light), which has been available to external developers, contributing to the revitalization of the global OSS ecosystem since 2021.

“LG will further enhance its capabilities for security for products and services by continuously upgrading its open source software security management system,” said Park In-sung, head of the Software Center at LG Electronics.

For those interested in learning more about the OpenChain Project, please visit the Open Chain website.

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LG Announces First-Quarter 2023 Financial Results

Second Highest First Quarter Revenue, Strong Profitability
Reflect Actions to Upgrade Business Portfolio and Advance Operational Efficiencies

A picture of LG Twin Towers in the daytime

SEOUL, April 27, 2023 — LG Electronics Inc. (LG) today announced first-quarter 2023 revenues of KRW 20.4 trillion, the second highest first-quarter revenue, with operating profit of KRW 1.5 trillion, the third highest first-quarter profitability in company history. The record sales reflect the company’s actions to fundamentally improve its business structure and operational efficiency, while profitability was impacted by challenging global economic conditions.

Most notably, the company’s business structure improved with its continuously expanding B2B segment and non-hardware business areas, such as content and services, which are achieving significant growth.

The LG Home Appliance & Air Solution Company generated first-quarter revenues of KRW 8.02 trillion with an operating profit of KRW 1.02 trillion. The business unit recorded its highest first-quarter revenues, with operating profit exceeding KRW 1 trillion sales for the first time. Continuous growth was driven largely by the rapid expansion of the B2B segment, fueled by sales of energy efficient heat pump-enabled products as well as energy storage systems. LG’s industry-leading heating, ventilation and air conditioning (HVAC) solutions for homes and businesses deliver strong performance and energy efficiency that reflect current European market trends based on tighter environmental regulations. The company will focus on maintaining competitiveness of its premium appliances as well as strengthening its mass-tier appliance lineup in response to polarization of market demand, along with managing cost structure to enhance profitability. The appliance business expects to see continued growth by focusing on the expanding B2B segment and accelerating the service segment including the rental and care service business, which has reached an average annual growth rate of 30 percent in South Korea over the past 5 years.

The LG Home Entertainment Company recorded first-quarter sales of KRW 3.36 trillion with an operating profit of KRW 200.3 billion. Profitability improved thanks to effective management of operational costs through enhanced demand forecasting. Despite lower global TV demand caused primarily by challenging economic conditions in Europe, the company saw increased sales of the growth of content and services businesses based on LG’s webOS smart TV platform, while strengthening operation competitiveness. Premium 2023 product launches, led by innovative products such as LG OLED evo TV models, are expected to maintain the company’s competitive edge. At the same time, the global launch of “Lifestyle Screens,” delivering differentiated designs and features, is expected to boost sales and drive the premium TV market. The LG OLED Objet Collection Posé TV will be launched in over 40 countries this year.

The LG Vehicle component Solutions Company achieved first-quarter sales of KRW 2.39 trillion with an operating profit of KRW 54 billion. The business unit recorded its highest first-quarter revenues ever. Continuing the profitability momentum from last year’s fourth quarter, continuous efforts to strengthen the global supply chain led to further increased profitability in the first quarter as the value of accumulated orders for auto parts reached KRW 80 trillion. Despite the cloud of uncertainty affecting the overall global automotive industry, demand for electric vehicles is forecasted to expand. The company will sustain its competitive edge based on a stable portfolio made up of in-vehicle infotainment systems, e-Powertrain, headlamps and distinctive solutions.

The LG Business Solutions Company saw improved first-quarter revenues of KRW 1.48 trillion with an operating profit of KRW 65.7 billion. Stable growth is driven by proactively responding to academic season demand with competitive products including the new Ultraslim LG gram laptop computers, while product competitiveness and operational efficiencies also improved. The company plans to focus on expanding its information display business by developing customized solutions and discovering potential customer demand. The company also plans to accelerate the development of new business segments, especially in South Korea, as robots (LG Future Park in Gumi) and electric vehicle chargers (LG Digital Park in Pyeongtaek) are being fully integrated in LG’s production systems.

Earnings Conference and Conference Call

LG Electronics will hold a Korean / English conference call on April 27, 2023 at 16:00 Korea Standard Time (07:00 GMT/UTC). Conference call participants are instructed to pre-register online to receive a private PIN. To participate in the conference call, dial +82 31 810 3130, enter passcode 6418# and then the PIN. The corresponding presentation file will be available for download at the LG Electronics website before the call.

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LG Teams up With Prime Video for New Series, Citadel, Available on LG Smart TVs

Complete with Next-Gen Cinematic Technologies, LG OLED TVs are Set to Uncover
the Hidden Story and Shine Light on the Action of Prime Video’s Latest Hit Series

A promotional image of LG OLED evo TV streaming Citadel via Amazon Prime Video with the phrase, ‘OLED Excellence Brings Stories To Life’

SEOUL, April 26, 2023 — Starting this week, LG Smart TV owners worldwide can enjoy Citadel, Prime Video and Amazon Studios’ epic spy-thriller series and the latest global sensation in streaming television. With LG OLED TV’s self-lit technology allowing for deep blacks and life-like color, viewers are placed at the center of the action-packed Citadel universe and can enjoy the show with intended color, aspect ratio and frame rate, thanks to Automatic Filmmaker Mode.* LG OLED TVs also feature Dolby Vision® for stunning ultra vivid picture and incredible immersive Dolby Atmos® sound, which further elevate the cinematic experience.

Starring Richard Madden and Priyanka Chopra Jonas, Citadel is set after the fall of the titular spy organization, as two spies attempt to piece together what happened. The two spies embark on a mission that takes them around the world, all while contending with a relationship built on secrets, lies and a dangerous-yet-undying love.

Citadel premieres exclusively on Prime Video on April 28, with two adrenaline-fueled episodes, followed by a new episode released weekly every Friday through May 26. Citadel will be available in more than 240 countries and territories worldwide.

To mark the launch of the cinematic new television series, Prime Video and LG teamed up to bring the characters and high-tech world of Citadel closer to its fans, through a series of exclusive visuals, rolled out across multiple channels, including online, in-store as well as digital billboards in New York’s Times Square and London’s Piccadilly Circus.

This is not a first for Prime Video and LG, as it continues a long relationship between the streaming service and smart TV manufacturer. Both have a combined goal to deliver the best viewing experience to millions of customers across the world who stream Prime Video’s great content with the LG OLED evo superior technology.

From launching the first 4K HDR streaming experience on LG OLED TVs in 2015, to enabling Filmmaker Mode on Prime Video’s movies and series in 2021 and to bringing opted-in personalized recommendations on the LG home screen for customers to discover the best Prime Video content in 2022, LG’s long relationship with Prime Video continues to lead innovations in the home watching experience.

“At Prime Video, we are always looking for new ways to innovate and provide our customers the best viewing experience,” said Andrew Bennett Head of Global Video Partnerships for Prime Video, MGM+ and Amazon Freevee. “Our relationship with LG and joint commitment to customers has allowed us to continuously raise the bar with new technology that enhances the overall user experience.”

This comes as LG aims to boost marketing efforts designed to offer customer value through the delivery of unique experiences across a variety of touchpoints. Prime Video was a natural partner to expand LG’s marketing relationship given their global reach, continued tech innovation and engaging content. LG plans to introduce more exciting collaborations like this in the future.

“LG is actively collaborating with its content partners like Prime Video to provide customers with an engaging experience on the big screen at home and beyond,” said Chris Jo, senior vice-president of platform business at LG Home Entertainment Company. “We are happy to kick off this initiative with Prime Video, whose global partnership and shared passion for innovation through the years helps us provide a best-in-class experience for customers.”

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* Available on LG 2023, 2022, 2021, 2020 4K and 8K TVs.

[Earth Day With LG 🌎] Celebrating Earth Day the LG Way: E-Waste Drive and Color Run

Three staff smiling while participating LG’s E-Waste Drive

In celebration of Earth Day in the United States, LG teamed up with Green Chip Recycling to host an E-Waste Drive in New Jersey, providing residents with a safe and responsible way to dispose of electronic waste and support environmental protection. The same weekend, LG also sponsored the YCFL (Youth Council of Fort Lee) Color Run, promoting inclusion and empowerment for persons with disabilities.

People participating LG’s E-Waste Drive

LG’s E-Waste Drive allows customers to responsibly dispose of any unwanted electronics. Stemming from the company’s greater sustainability commitment, the LG Recycling Program was developed to help preserve energy as recycling prevents re-usable parts from going into landfills, which reduces the need for extraction or production of new materials. In 2022 alone, LG has recycled more than 49 million pounds of CED (Covered Electronic Devices) from desktops and televisions to printers and other electronic equipment.

The photo of LG's North American headquarters located in New Jersey

The drive took place on April 22 at the company’s North American headquarters located in New Jersey. In addition to the on-site event, past LG customers were able to recycle used products through LG’s mail-back program throughout the country at no cost or at a local drop-off site closest to them.

The photo taken during the YCL Color Run

On the same weekend as the E-Waste Drive, LG also raised awareness and funds for diversity, inclusion and equity among persons with disabilities through the sponsorship of YCFL’s 2023 Color Run for Friends of All Abilities. The Youth Council of Fort Lee is a non-profit organization that consists of incoming 9th graders and high school students residing in Bergen County, who are looking to spur a positive change within the community.

LG’s relationship with the YCFL goes back several years starting in 2018 when LG first donated custom-designed recycling bins to be placed throughout popular areas in Fort Lee including the Fort Lee Public Library, Fort Lee High School, Community Center and Main Street area. LG has since continued to support this YCFL program and others.

The LG Inspiration Lab installed at the color run kick-off event

The YCFL Color run was held at the Fort Lee Community Center on April 22. The color run kick-off event took place on April 21, where participants were able to pick up their badges and experience the LG Inspiration Lab, an interactive educational experience designed to promote STEAM learning in a fun way for K-8th grade students and inspire future innovators through LG’s technology.

A photo of YCL Color Run participants posing together

LG is dedicated to making a positive impact on communities worldwide and will continue to raise awareness of responsible recycling, diversity and inclusion through various community events and initiatives.

Contributed by LG USA

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[Earth Day With LG 🌎] LG Reaffirms Sustainability Leadership Once More With Top Ratings

During Earth Month, there is no better time to call attention to the importance for brands to practice sustainability. Committed to creating a better life for all, LG continues to pursue sustainability excellence to make a better future for people, communities and the planet. On Earth Day this year, the company’s leadership was reaffirmed with top sustainability rankings across business areas.

Demonstrating sustainability leadership in B2B areas, LG has been singled out as the only supplier of commercial displays recognized for environmental sustainability excellence in the foremost third-party assessment of suppliers to the U.S. hospitality industry and, for the first time, other vertical markets.

A logo of the MindClick Sustainability Assessment Program (MSAP) 2022-2023

As the MindClick Sustainability Assessment Program (MSAP) was expanded significantly to encompass many more brands of leading hotels and resorts, LG received the highest possible rating for the eighth consecutive year. For the first time, evaluations of the production and life cycle impacts of products also extended beyond hospitality, with MindClick naming LG the “Leader” in display products for other vertical markets that include healthcare TVs and cruise ship TVs, as well as digital signage displays and small monitors used in various industries.

The “Leader” rating demonstrates LG’s “exemplary use of environmentally and socially responsible practices throughout the lifecycle of all product lines, from material choice to end-of-life solutions,” according to MindClick, which validates participants’ operations through a rigorous audit process. The MSAP is an annual manufacturer assessment evaluating the sustainability of product lifecycles. Previously, only suppliers to Marriott International participated in the assessment, but the program has expanded to include more suppliers, and their results are shared to additional brands, ownership groups and purchasing agents, such as Four Seasons, Highgate Hotels, Hilton, Hyatt, SH Hotels, Xenia Hotels and more.

A human hand placing a wooden block that reads 'NET ZERO' on the top of bunch of blocks

The assessment program evaluates products based on environmental and social metrics such as energy use, carbon emissions, water reduction and human and labor rights. It also measures metrics such as carbon footprint from product use and distribution, recyclability, sustainable materials use and avoidance of chemicals of high concern. Ratings are based on products the vendor submits for consideration and those products are recognized in one of three rating levels: Starter, Achiever or Leader.

Commercial TVs and displays from LG Business Solutions serving the U.S. hospitality market earned Leader status in seven key categories:

  • “Manufacturing Environmental” through efforts to measure and reduce energy and water usage, waste and carbon emissions in our Mexicali and Reynosa
  • “Manufacturing Social” with required human and labor policies including zero tolerance for forced or compulsory labor, discrimination, child labor and human trafficking.
  • “Packaging” that includes use of sustainable raw materials, is recyclable and optimized to minimize packaging material.
  • “Distribution” through the use of transportation carriers that are EPA SmartWay certified.
  • “Health” based on products’ materials and chemical compositions positively contributing to user health.
  • “Facilities” by ensuring product designs help reduce power and water usage, as well as reducing waste.
  • “End of Use” with products that are recyclable and have defined end-of-life solutions.

Logo of 2023 Green Builder Sustainable Products of the Year

In addition to B2B sustainability leadership, LG also has been recognized overall as a sustainable home appliance brand. Honored for its unwavering commitment and advancements in sustainable green building practices, LG was named the industry’s most sustainable home appliance brand in the recently-published 2023 Green Builder Sustainable Brand Index.

The ranking is based on the weighted average of three factors: survey data used to gauge builders’ perception of a company’s sustainability efforts, data that tracks the number of positive brand mentions by consumers who have used or have heard about a product and sentiment that tracks how favorably consumers view a particular company.

LG topped all three survey components – and is the only company among any category winners to do that – largely due to its ever-advancing and continually popular Signature Kitchen Suite brand and consistent emphasis on energy efficiency and performance.

This top ranking follows the announcement that LG earned two coveted 2023 Green Builder Sustainable Products of the Year distinctions that recognize innovations that go above and beyond in manufacturing and encourage sustainability through innovative technology or an improved version of a traditional technique. The LG Multi F MAX with LGRED multi-zone heat pump HVAC system and LG STUDIO induction cooktop with a flex cooking zone were singled out as Sustainable Products of the Year in the HVAC and appliance categories, respectively.

Logo of Energy Star Award 2023

Named 2023 ENERGY STAR® Partner of the Year by the U.S. Environmental Protection Agency, LG helps consumers take climate action in impactful ways. For example, ENERGY STAR certified LG clothes washers and dishwashers purchased by American consumers in the past year are expected to save more than 35 billion gallons of water over their product life, enough to fill 53,000 Olympic-sized swimming pools. “ENERGY STAR Most Efficient 2022” LG refrigerators, washers, dryers, room air conditioners and computer monitors are expected to save more than 482 million pounds of CO2 over the life of these products.

LG is committed to leading the charge towards a greener future, through innovative carbon reduction and product recycling initiatives. The company is working toward carbon neutrality by cutting emissions from operations through measures such as highly efficient buildings, renewable energy, fleet electrification and carbon offset projects, to connect innovation and sustainability for a brighter future.

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LG 2023 OLED evo TVs Recognized With Its Sustainable Design

Certification From Respected Bodies Highlights
LG’s Continuing Commitment to Sustainability and a Better Life for All

A 2023 LG OLED evo TV in a neatly organized living room with a variety of furniture

SEOUL, April 25, 2023 — LG Electronics (LG) today announced that its 2023 OLED evo series TVs have acquired Reducing CO21 and Measured CO22 certifications from the Carbon Trust3 and environmental labels4 from Société Générale de Surveillance SA (SGS) for the third consecutive year. The esteemed recognitions point to LG’s ongoing ESG efforts for plastic waste reduction.

The Carbon Trust is a global climate consultancy created to accelerate the move to a ‘Net Zero’ future, while SGS is a leading global testing organization dedicated to certifying environmentally sustainable products. Both institutions inspected the entire product stage from production and delivery to disposal.

Models in the LG OLED evo series boast lighter weight and stronger durability, applying composite fiber material5 and metal. These materials contribute to less plastic use, with the LG OLED evo series TVs requiring only 40 percent of the plastic that is used in LCD TVs of the same screen size. Thanks to these efforts, LG has effectively curbed its plastic use by 20,000 tons this year.

Thanks to the composite fiber material, select models from the latest OLED evo series are around 20 percent lighter than an LCD TV of the same screen size,6 contributing to the reduction of CO2 emissions in transit. Additionally, the back cover of LG OLED evo models, QNED TVs and NanoCell TVs released in 2023 are completed with recycled plastic material which uses more than 30 percent of used plastic. With such efforts, it is expected that LG will achieve a waste plastic recycling effect amounting to 3,200 tons yearly, regarding TV products alone.

Additionally, LG OLED TVs are made with fewer components than conventional LCD TVs. The smaller number of parts required for each LG OLED product is a result of the TVs’ unique, self-lit display technology, which removes the need for a separate backlighting structure. A reduced parts count also means fewer resources used per unit, as well as less plastic and e-waste to contend with at the end of the TVs’ operational life.

“The LG OLED evo series are designed to ensure that viewers can enjoy immersive viewing experiences, while reducing impact in all production stages for a greener, healthier environment at the same time,” said Baik Seon-pill, leader of the LG Home Entertainment Company’s Product Development Division. “LG will continue to pursue a broad range of ESG initiatives and responsible practices, as the firm leader of the OLED TV market.”

Since its initial launch in 2013, LG OLED has continuously raised the industry bar, introducing pioneering display technologies such as OLED evo and groundbreaking form factors including the world’s first rollable TV, LG SIGNATURE OLED R, as well as the bendable LG OLED Flex. This year, which marks the 10th anniversary of LG OLED, sees several new additions to LG’s diverse lineup of self-lit TVs, headlined by the stunning models from the 2023 OLED evo series. LG OLED evo series TVs are currently available in 125 countries worldwide.

LG has earned a place in the Dow Jones Sustainability World Index (DJSI World) for 11 consecutive years and has received the ‘Comprehensive A grade’ from the ESG Evaluation and Rating Announcement of Korea ESG Standards Institute (KCGS) for 2 consecutive years.

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1 77/65/55/48/42-inch LG OLED evo C3 models.
2 83-inch LG OLED evo C3 model and 83/77/65/55-inch LG OLED evo G3 models.
3 Only applies to listed products sold in markets/regions participating in the Carbon Trust’s labeling program.
4 The OLED evo Z3, G3, C3, B3, A3 series and the QNED85, QNED80 received SGS Eco-Product certification. OLED Z3 satisfied the standard of material efficiency, recyclability and minimal usage of hazardous substances.
5 Applies to 55/65/77-inch G3 models, 42/55/65/77-inch C3 models and 77-inch A3 model.
6 Comparison between LG 65-inch OLED evo (model C3) and LG 65-inch 4K UHD TV (model UR80).

[Earth Day With LG 🌎] Empowering Global Partners and Suppliers to Build a Sustainable Future Together

International team of coworkers sitting around table, putting colorful puzzles together, teamwork concept, top view

For companies around the world, it has become important to incorporate environmental, social and governance (ESG) factors into business strategies. What’s more, it is even more imperative for companies to build a sustainable supply chain, one that fully integrates ethical and environmentally responsible practices.

As suppliers and partners fall beyond a company’s direct control, supply chains can open businesses to a wide array of risks. To reduce these risks, as a responsible corporate citizen, LG Electronics is actively offering increased support to its suppliers and partners, strengthening their ESG capabilities.

Logos of Societe Generale de Surveillance (SGS) in four different designs

Photo credit: Societe Generale de Surveillance (SGS)

Beginning this year, the company is actively expanding the scope of support available for its suppliers – both those based in South Korea and in other countries – to pursue third-party ESG certification. The company plans to support 50 of its suppliers – including 22 Korea-based electronic components makers that supply parts to its Vietnam-based R&D subsidiary – to undergo evaluation by Societe Generale de Surveillance (SGS), a respected provider of verification, testing and certification, in order to assess ESG risks.

business man investor handshake with global network link connection and graph chart stock market diagram and city background, digital technology, internet communication, teamwork, partnership concept

By expanding support, the company aims to preemptively respond to any potential ESG risks within its partners’ supply chains. ESG-related laws and regulations, such as supply chain due diligence acts, have been introduced and strengthened in several parts of the world, including EU countries, making responsible supply chain management a key area of focus for many corporations.

An image in circle explaining Responsible Business Alliance (RBA) code of conduct in four areas: Labor, Health & Safety, Environment and Ethics

Photo credit: Responsible Business Alliance (RBA)

Once its suppliers have received ESG field inspections compliant with the Responsible Business Alliance (RBA) Code of Conduct, which outlines standards for business practices in areas including labor, environment, ethics as well as health and safety, LG will support them to find solutions to mitigate ESG risks. In the past two years, the company has assisted 100 suppliers in Korea seeking to obtain certification through the third-party-tested ESG Management Competency Assessment.

Kim Byoung-soo, head of the Shared Growth Division at LG’s Global Operation Center, and Park Chul-han, head of the FKI Center for Large and Small Business Cooperation

(From left to right) Kim Byoung-soo, head of the Shared Growth Division at LG’s Global Operation Center, and Park Chul-han, head of the FKI Center for Large and Small Business Cooperation

LG is also striving to strengthen its suppliers’ capabilities to internally audit their ESG management activities, policies and performance. On April 17, LG signed a business agreement for ESG management support and mutual growth with the Federation of Korean Industries’ (FKI) Center for Large and Small Business Cooperation. Through this agreement, LG and FKI will provide eligible partners with comprehensive consulting services concerning ESG self-assessment and overall ESG management. The ultimate goal is to empower suppliers to realize and maintain sustainable management.

The company aims to continuously explore various practical support measures to enhance the ESG management capabilities and competitiveness of partners, both in Korea and around the world.

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[Earth Day With LG 🌎] A Healthier Planet With LG’s Advanced Steam Technology

A promotional image of the Earth Day with pictures of polar bears, windmills, birds and people in the illustration of the EarthPhoto credit: EARTHDAY.ORG

As the effects of climate change become increasingly serious, the need to invest in the health and future of our planet becomes ever more urgent. While the problem can’t be solved all at once, and no one person or organization can do it all by themselves, a more sustainable future can be realized if everyone does their part.

A old photo of people marching with a placard that reads Photo credit: EARTHDAY.ORG

To achieve sustainability in the way we live, it is crucial to reduce our impact on the environment through being wiser about what and how much we consume. This even extends to the way we care for clothes, where the excessive use of water and chemical cleaning agents can negatively impact both the planet and our personal health. Especially during seasonal transitions, many people take their clothes to commercial dry cleaners, which typically employ harsh chemical-based solutions to get the job done.

A photo of a human handing using a steamer to get rid off wrinkle on a white shirt

Steam appliances represent an eco-conscious alternative to dry cleaning your clothes. Steaming provides a hygienic and sustainable way to care for fabrics, and steam appliances consume a relatively small amount of water compared to traditional washing machines, which use an average of 27 to 54 gallons (or 102 to 204 liters) of water per load.1

Modern interior of living room with sofa, cabinet and door 3d rendering

LG Styler uses pure steam – and zero chemicals – to help neutralize wrinkles2 and odors.3 Refreshing garments so they look and smell clean the next time they’re worn, this innovative clothing management system is just one of the many LG living solutions designed with sustainability and user convenience in mind.

Shirts hanged in the LG Styler being steamed

Perfect for the bedroom or laundry room, the attractive LG Styler uses less than 0.2 gallons (0.75 liters)4 of water to produce pure steam particles that sanitize and refresh clothes. Not only does the Styler reduce the need for and cost of dry cleaning, but it can also help reduce washing machine usage at home, which, in turn, can contribute to lowering household water consumption. Powered by LG’s TrueSteam™ technology, the Styler reduces house dust mites and bacteria from clothing.5

A photo of a well-decorated room with LG Styler

Because it provides such gentle, chemical-free care, LG Styler helps minimize fabric damage, thereby extending the lifespan of clothing. The product’s Gentle Dry feature removes moisture from clothes without damaging them, while the Moving Hanger system generates up to 200 vibrations per minute to effectively but delicately shake out dusts attached on suits, shirts, dresses and pants.

A photo showing the pop-up store of LG,

To encourage eco-conscious living and promote the benefits of the Styler, LG is running a pop-up store called Another Style in Seoul, South Korea from mid-April to the end of May. Operating under the theme of ‘The Most Stylish Ways to Protect the Earth,’ the store provides a range of informative and interactive content about the Styler, including its development story, design principles and differentiated technologies such as TrueSteam and the Moving Hanger.

A corner of LG's

Visitors can also learn about how to manage their fashionable footwear – and help protect the environment while doing it – with LG’s premium shoe care solutions, Styler ShoeCare and ShoeCase.

A promotional image of LG Styler covered in steam

LG is committed to creating sophisticated products and technologies that can deliver outstanding value and convenience, and help consumers do their part for a better future. By using less water, replacing cleaning chemicals with natural steam and limiting fabric damage, its advanced clothing care innovations are benefitting people and the planet, living up to the company’s slogan and sincere belief that Life’s Good.

The exterior of LG's Another Style pop-up booth

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1 19january2017snapshot.epa.gov/www3/watersense/pubs/indoor.html
2 Certified by Korea Apparel Testing & Research Institute (KATRI) comparing results using Refresh Cycle. Tests conducted in accordance with test methods in compliance with KS K 0891:2014 6.2.2 standard.
3 Certified by Korea Apparel Testing & Research Institute (KATRI) comparing results using Refresh Cycle. Tests conducted in accordance with test methods in compliance with KS K 0905:2008 standard.
4 LG Styler’s water supply tank holds approximately 1.7 liters of water. With a full water tank, LG Styler can complete three to four ‘Normal Refresh’ courses (2x ‘Heavy Refresh’ course). However, the Styler may use a full tank of water the first time it is operated. Results may differ depending on load composition and environmental factors.
5 Approved by the British Allergy Foundation (BAF) for reducing house dust mite and Escherichia coli and Staphylococcus aureus bacteria. Certified as an asthma and allergy friendly® appliance by the Asthma and Allergy Foundation of America (AAFA), Asthma Canada (ASC) and Allergy Standards Limited (ASL).

[Future Tech] Improving Convenience and Experiences With Service Robots

In the very near future, service robots are expected to help people in a variety of different ways and in all kinds of different fields and settings, from manufacturing and healthcare to construction and the home. Designed to perform useful tasks or provide relevant information, they can enhance convenience, efficiency and safety wherever they’re used.

According to Renub Research, the global robotics industry is rapidly expanding, with the service robot sector predicted to maintain a compound annual growth rate (CAGR) of 24.6 percent from 2021 to 2027.

LG CLOi robot

At CES 2018, LG unveiled for the first time LG CLOi robots, which are already capable of offering a diverse array of services.

LG CLOi robot serving dishes at a restaurant

Leveraging several of its cutting-edge core technologies, including the areas of autonomous driving, sensors, artificial intelligence (AI) and cameras, LG has established its robotics business as one of the central pillars of its future success. The data and expertise accumulated from introducing robot solutions optimized for various environments, including restaurants, hotels, museums, shopping malls and hospitals, are helping LG to create the next generation of service robots.

LG CLOi robot with kids at a library

Recently, the company supplied the Changwon Public Library in Changwon, South Korea, with an LG CLOi GuideBot programmed to perform a range of library-specific functions. The collaboration represents the first time that an LG CLOi solution has been connected to a library management system. Additionally, the company provided Changwon Public Library with three LG CLOi ServeBot – two shelf-types and one drawer-type – to increase accessibility and convenience for visitors.

LG CLOi robot delivering books at a bookstore

The drawer-type LG CLOi ServeBot helps transport books to children and to persons with mobility issues, anywhere in the library. Users can request a book at the search desk and, after the librarian has retrieved the item, have it delivered to them in the drawer of LG CLOi ServeBot. To ensure delivery is made to the correct person, the drawer will only open after the requestor enters a password – created at the search desk – on the robot’s display. And because LG’s robots can easily navigate getting on and off the elevator, they can travel to any of the library’s different levels whenever required.

Meanwhile, LG’s shelf-type CLOi ServeBot has endeared itself to busy staff members at Changwon Library by conveying returned books to automated book return desks. Without the need to push around or unload carts stacked with heavy books, staff has more time and energy to help visitors seeking advice or to answer their questions.

A photo of LG CLOi robot explaining details about the exhibition to two kids at a museum

LG CLOi robots are also currently improving the visitor experience at select museums in South Korea. Last month, the LG CLOi GuideBot was deployed at both the Gongju National Museum and National Assembly Museum, where it provided directions to amenities and exhibits and informative commentary on the museums’ artifacts and collections. The intelligent and interactive LG CLOi GuideBot boosted visitor satisfaction and accessibility and added a new dimension to the museum-going experience.

To help visitors with limited hearing, the CLOi GuideBot can offer commentary in sign language and display easy-to-read subtitles on its built-in screen. It can also help visitors who use wheelchairs by guiding them along the most convenient routes to the museums’ various exhibits. Additionally, the CLOi GuideBot features interactive content designed to help young learners understand the significance of the objects and histories on display.

For its role at museums, LG CLOi was equipped with specially-designed software that allows it to autonomously find its way around and deliver a wide range of information specific to each site.

LG is committed to offering products and solutions that not only present an enhanced level of convenience but help improve people’s lives in meaningful ways. To learn more about the company’s future core technologies, stay tuned to LG Newsroom for the next episode in the Future Tech series.

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[Mobility Inside] Protecting Your Data, Keeping You Safe: Why Cybersecurity Matters

The image of two cars from different companies merged together in the center

The next generation of vehicles will offer more than just a means of transportation. Part lifestyle space and part smart device, cars in the near future will incorporate a raft of innovative technologies, ranging from autonomous driving systems, big data and artificial intelligence (AI) to cloud computing and wireless network solutions.

Moving forward, the ‘software-defined vehicle’ (SDV) will become the norm, with computer operating systems overseeing all aspects of passenger entertainment, comfort and safety. With the shift from hardware to software comes the increased importance of vehicle cybersecurity, a matter that global automakers and innovative component makers like LG are taking very seriously.

An illustration of an in-vehicle display showing the icons of car, battery, satellite and a chip

Smart Driving and Automotive Software

In-vehicle infotainment (IVI) systems provide a wealth of entertainment and information to make traveling by car safer and more enjoyable. Soon, they will take their capabilities a step further, gaining the ability to suggest optimal driving routes through the use of AI, communicate with other cars and traffic systems via vehicle to everything (V2X) tech and autonomously manage their own software platforms to keep everything up to date. In addition, future ‘on-road’ software solutions will be able to monitor electric vehicle (EV) battery status, analyze the driving habits of the person behind the wheel and check on important safety considerations, such as the driving environment and road conditions.

An illustration of a future automobile with a wi-fi signal on its top

The Growing Importance of Vehicle Cybersecurity

As the use of software for vehicles continues to grow, so too does the necessity to put in place systems that prevent unauthorized access, or hacking. Failing to do so runs the risk of exposing the vehicle itself, and any personal information linked to the vehicle, to cybersecurity threats. Over-the-air (OTA) functionality, whereby car software is remotely updated over wireless internet or cloud network, is just one area that could be susceptible to a potential attack.

To protect against the likelihood of vehicle hacking, the United Nations Economic Commission for Europe (UNECE) has established international standards for automotive cybersecurity: regulation No. 155 (UN R155) and No. 156 (UN R156). According to these regulations, automakers and component suppliers must ensure that their vehicles and solutions include an effective cybersecurity management system (CSMS) and security functions for firmware updates over wireless connection. Both vehicle manufacturers and parts suppliers are invested in keeping everyone on the road safe and are actively complying with the latest rules and standards relating to cybersecurity.

An image of an automobile in a bright orange line encircled by a blue ring and connected to a sign that shows how much power's left
Cyber Digital Twins Platform (Photo credit: Cybellum YouTube)

LG Leads the Way in Automotive Software Security

LG, a major provider of advanced auto components, is making continuous efforts to enhance the cybersecurity of its innovative vehicle solutions. In 2021, LG acquired Cybellum, an Israeli software firm with expertise in investigating automotive cybersecurity vulnerabilities, to upgrade the security of its offerings. The following year, LG signed a memorandum of understanding (MOU) with Korean companies, LG U+ and CryptoLab, for a technical collaboration in the field of post-quantum cryptography (PQC). These cutting-edge technologies are set to be employed in various areas requiring rigorous cybersecurity, such as in-vehicle payment, V2X and OTA services.

An LG executive receives the complying verification from TÜV Rheinland.

Additionally, LG has received international certifications for complying with industry standards on vehicle cybersecurity. LG recently earned CSMS verification (tested by TÜV Rheinland), which indicates that the company properly applies all relevant security measures throughout the entire parts creation process – from design and development to production and post-installation management – and conducts thorough simulations to test its solutions’ susceptibility to hacking. The level of commitment LG has shown to cybersecurity is one of the many reasons why the company has become a trusted supplier of IVI systems and telematics components.

Thanks to LG’s relentless drive to ensure the security and reliability of its vehicle components, drivers and passengers alike can look forward to safer and more convenient future mobility experiences.

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LG OLED: A Stunning Work of Art for Your Living Space

A woman watches LG OLED Objet Collection Posé next to LG XBOOM 360 portable speaker, which both sport an artistic design by Dutch brand Moooi, as she sits in a room full of artwork

Developed based on a decade of OLED innovation and demonstrating a firm commitment to understanding and meeting consumers’ needs, LG’s Lifestyle Screens present new value and user experiences. Lifestyle Screens are more than just TVs – with their subtle, ultra-modern designs, they are stunning works of art that add a touch of refinement to any living space.

Many consumers nowadays look for products that can fit seamlessly with their lifestyles and match perfectly with their individual preferences and tastes. Where TVs are concerned, this means the ability to provide personalized user experiences with access to a broad range of entertainment services and lifestyle content. It also means delivering differentiated designs and features that elevate convenience and augment the aesthetic of one’s space.

A woman sitting on a stylish piece of Moooi furniture as she watches content on LG OLED Objet Collection Posé and sits next to a limited-edition LG XBOOM 360 portable speaker

At Milan Design Week 2023, within the elegant confines of Salone dei Tessuti, LG is showcasing exclusive artistic creations of LG OLED Objet Collection TVs – Posé and Easel – and the moveable StanbyME, along with the LG XBOOM 360 portable speaker, infused with Moooi’s eclectic, playful aesthetic elements adorned with decorative prints.

The arresting innovations are artfully displayed in sophisticated lifestyle scenes where they are complemented by the gorgeous interior objects, furniture pieces and patterns of premium Dutch lifestyle brand, Moooi, which collaborated with LG for the exclusive exhibit.

A man and women enjoying the artistic white and red Moooi space designed to display LG OLED Objet Collection Posé and LG PuriCare AeroFurniture in unique patterns and colors

LG’s Lifestyle Screens are the stylish, inspiring integration of technology and design. Beautiful creations in their own right, the TVs blend in effortlessly with Moooi’s luxury offerings to suggest a sumptuous vision of ultra-convenient, ultra-chic modern living. The exhibition also includes a special treat that further blurs the line between ‘screen’ and ‘artwork.’ In honor of Milan Design Week and in celebration of LG and Moooi’s creative collaboration, select LG Lifestyle Screen models will be adorned with playful decorative designs by Moooi.

A couple sitting on a sofa while watching an animation movie on LG OLED Objet Collection Posé

Debuting at Salone dei Tessuti during last year’s Milan Design Week, the LG OLED Objet Collection Posé (model LX1) has reaffirmed LG’s reputation as a pioneer in the field of lifestyle-focused innovations. This year, the company expands the availability of Posé to more regions, giving more consumers the opportunity to see for themselves what makes Lifestyle Screen products so special.

LG OLED Objet Collection Posé next to a stylish orange sofa in a space designed by Dutch brand Moooi

Backed by 10 years of OLED innovation, LG’s distinctive Lifestyle Screens deliver unique user experiences and lifestyle value. Solidifying the company’s status as a global lifestyle innovator and leader in the continuing evolution of the household TV, LG Lifestyle Screen products have been recognized with prestigious design accolades, including the iF Design Award and Red Dot Award.

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LG Electronics Has Unique Role in White House Roundtable

At this month’s White House Executive Roundtable on Heat Pump Manufacturing and Deployment, LG Electronics North America CEO Thomas Yoon informed senior U.S. government officials about LG’s heat pump leadership, as well as LG’s smart home platforms and digital marketing capabilities – differentiating the company from other manufacturers in attendance.

A photo of a White House

Recognizing their climate, economic and consumer benefits, LG has been expanding heat pumps beyond HVAC systems; LG now also offers heat-pump water heaters and heat-pump clothes dryers. With these products, along with electric ranges, induction cooktops and energy storage systems, LG is leading the way in electrification, a major part the decarbonization movement under way in the United States.

An invitation to White House Roundtable prepared for LG

In the 90-minute dialogue with Administration officials, Mr. Yoon was joined by executives from other manufacturers (primarily U.S. HVAC and water heater companies), distributors, and labor leaders to discuss how to expand the American heat pump manufacturing industry, drive widespread deployment and build a pipeline of skilled workers to meet the growing demand for heat pumps around the country.

“These super-efficient heating, cooling and hot water systems – also known as heat pumps – lower energy costs for American families, building owners, consumers, and companies, and will reduce greenhouse gas emissions,” the White House said in a statement, adding that heat pumps can “create good manufacturing and construction jobs, strengthen American competitiveness, and improve building performance with energy efficiency.”

People discussing the agenda for White House Roundtable

LG made news at the event when Mr. Yoon disclosed the company’s intention to manufacture 100-percent electric, heat-pump-based HVAC products in the U.S. for the first time. “Government incentives, at the federal, state and local levels, will encourage and expand domestic manufacturing,” said Mr. Yoon. “As we briefed the Department of Energy last month, LG is finalizing plans to establish a new manufacturing base in the United States for HVAC products that are key elements of heat-pump based home comfort solutions.”

Following the event, the WhiteHouse.com Briefing Room put LG’s announcement in context: “Buildings are the foundation of where we live, work and learn, yet they collectively represent almost 40 percent of U.S. greenhouse gas emissions. Deploying heat pumps in millions of American homes and buildings, alongside energy efficiency improvements and clean energy deployment, will help tackle the climate crisis, boost our energy security and independence, lower energy costs for American consumers, create good paying jobs for American workers, all while improving health in our communities.”

A close-up photo of LG Electronics North America CEO Thomas Yoon participating in White House Roundtable

LG applauded the U.S. government’s major investments in driving demand through tax incentives and rebates but cited the lack of awareness and familiarity about the benefits of heat pump technology as a major barrier to market adoption. For contractors, Mr. Yoon said LG is planning to leverage its training academies across the country to educate and train technicians.

Getting consumers to embrace heat pumps also is a big marketing challenge. “This is where trusted brands with deep, data-driven consumer insights like LG can play a major role,” Mr. Yoon explained. “LG seeks to help consumers embrace the entire home energy ecosystem – electrification, battery storage, Energy Star certified appliances and, of course, heat-pump-enabled comfort systems.”

An instagram post of LG Electronics North America with a photo of CEO Thomas Yoon taken during the White House Roundtable

Mr. Yoon explained LG’s vision to Energy Secretary Jennifer Granholm and other government officials: “LG sees heat-pump products as integral parts of the green, smart home ecosystem, complementing connected appliances and, most importantly, integration of energy storage and energy management with advanced software and platforms.”

“The market transformation enabled by heat pump technologies will be accelerated by delivering on the long-awaited promise of the smart home, coupled with today’s emphasis on a zero-carbon lifestyle,” he concluded.

Globally, LG aims to have cut greenhouse gas (GHG) emissions from product manufacturing by 50 percent (compared to 2017 levels), and GHG emissions from the use of seven key products by 20 percent per unit sold by 2030 from a 2020 base year. Furthermore, the company plans to offer accessibility features for all of its product lines by 2025 and provide a voice instruction manual and sign language video manual for every LG product by 2030.

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Contributed by LG USA

 

 

LG Channels Users Triple in Europe as Popularity of Fast Services Fuels Growth

LG Expands Local Content, Launches Premium Channels for Movie Buffs and
Drama Aficionados, and Delivers Enhanced Cross-Device User Experience

A promotional image for LG Channels displaying the DAZN streaming sports channels with the phrase ‘Hundreds of Channels. All Free. Anytime’ above

SEOUL, April 17, 2023 — LG Electronics’ (LG) exclusive, free streaming service, LG Channels, has tripled its user base in Europe over the last year. The strong growth reflects the increasing popularity of LG’s premium service and of free ad-supported streaming TV (FAST) in Europe and worldwide. LG Channels was first launched in 2016 in the U.S. and in 2019 in select European countries.

According to LG data as of January 2023, the number of LG Channels users in the 16 European markets where the service is offered grew by a factor of three. This significant boost in active users represents an increase of over 200 percent. Along with this, there has been a noteworthy uptick in viewing time across several content categories, including movies, TV series, music and news.

Industry experts expect the global growth of FAST services and channels to continue with the U.K. and Germany anticipated to be among the biggest FAST markets by 2027.1 To meet the growing demand for FAST, LG will bolster its service with new content – more of which will be made available on the LG Channels mobile app2 – and convenient, new features to enhance viewing pleasure and the user experience.

LG Channels is constantly expanding its content library and is offering an increasing number of local-language channels, spanning diverse categories such as news, lifestyle, TV series, movies and sports. When it comes to sports, thanks to a new partnership with DAZN, LG Channels will feature the new DAZN FAST and newly announced DAZN Rise, the first 24/7 streaming channel dedicated purely to women sports.3 Through a new partnership with Funke Digital, LG Channels now provides access to a variety of FAST channels covering some of the best fiction and entertainment contents, with plenty of films including PLAION’s Netzkino, ranging from action to thriller, comedy and romance.

To give users more options when viewing on-the-go, LG has also expanded content availability on the LG Channels mobile app. In Germany, users can now watch hundreds of hours of content from 50 popular channels, including Auto Motor und Sport, which offers the latest in car testing and wedo TVwhere viewers can watch a variety of free content from movies to sports.

Additionally, LG is launching advertising video on demand (AVOD) titles4 in five European countries, with content offered in English, German, Spanish and other languages. These AVOD titles are provided thanks to collaborations with companies like Minerva Pictures, an independent film production and distribution company based in Rome, active in the film and audiovisual market since 1950, LoveTV Channels, which targets niche audiences passionate of themes such as cinema, environment or wine and Shoot for Love, which targets football fans.

What’s more, thanks to the collaboration with ITV Studios, new channels will be added such as Storylands – featuring high-quality, award-winning European drama produced by ITV Studios labels in France, Italy and the Nordics – and Hell’s Kitchen, a program hosted by world-famous Michelin-starred chef, Gordon Ramsay, filled with cutthroat competition and explosive entertainment.

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1 Source: Omdia (www.prnewswire.com/news-releases/new-omdia-data-reveals-global-fast-channel-revenues-will-reach-12bn-in-2027-301729416.html)
2 Available in the US and Germany. Content availability varies by market.
3 DAZN Fast and DAZN Rise to be made available in the upcoming months starting in Germany and Austria.
4 Country availability varies.

LG CEO Shares Insight on Leadership at ‘CEO F.U.N. Talk’

LG CEO William Cho is a major proponent of open communication. Since taking office last year, he has been actively engaging with company employees to foster togetherness, growth and a healthy organizational culture.

CEO Cho at the CEO F.U.N. Talk 01

Initiated just last year, but already on its sixth edition, the CEO F.U.N. Talk enables CEO Cho to discuss important matters and topics directly and transparently with LG employees. Well-received internally, the CEO F.U.N. Talk has received positive feedback from more than 90 percent of employees.

On April 13, Mr. Cho hosted his first CEO F.U.N. Talk of 2023 under the topic of leadership. The CEO spoke with more than 80 percent of team leaders from across LG as well as employees interested in leadership, with more than 4,000 attendees tuning into the event either in-person or online.

The talk began with the CEO sharing his firm belief that team leaders are crucial to further enhance the company’s competitiveness and innovate organizational culture, especially during uncertain times.

“When I first came for an interview and saw the company’s headquarters in the LG Twin Towers, the first smart building in Korea that was just completed at that time, I instantly fell in love,” said Mr. Cho. “The thought of wanting to work here has stayed with me even today. That was the first day of my journey here at LG.”

Reflecting on his 36 years of experience at LG, Mr. Cho shared his thoughts on leadership.

CEO Cho at the CEO F.U.N. Talk having a talk with LG employees

“A leader is someone who presents a clear direction, prepares for the future, exerts positive influence, makes bold decisions and creates results,” said CEO Cho, further explaining leadership in terms of strategic thinking, capability to execute plans, excellent communication skills and nurturing healthy organization culture.

In particular, the CEO emphasized that, to execute plans, leaders should establish a systematic process internally that involves partaking in intense discussions, asking sharp questions, persistently following-up with tasks and clarifying roles and responsibilities.

Also, CEO Cho highlighted that excellent communication skills are crucial for a healthy organizational culture. He added that communication is necessary for an organization to be able to reveal and resolve problems, and should be both transparent and sincere. He continued by expressing that issues shouldn’t be thought of as a nuisance and, rather, seen as problems that can be overcome together.

“To become a great leader that can make good decisions, you must be curious, have the willingness to learn and be well-balanced,” said Mr. Cho. In his view, leaders can only attain the insight needed to innovate the customer experience by having a curious mind and an eagerness to learn. These attributes must be supported by a balanced mindset, where many perspectives – both internally and externally – are weighed and measured to find the best possible solution.

CEO Cho at the CEO F.U.N. Talk with a card in his hands

The CEO also stressed the importance of and being open to feedback and opinions. “With the firm belief that the answer always lies with our customers, we all need to be brave optimists who always boldly take challenges and ceaselessly innovate the way we work,” added CEO Cho. “We should always remember that our future will be determined by how we think and work now.”

After talking about leadership and the characteristics of a good leader, the CEO addressed questions and concerns of team leaders regarding the relationship between executives and members of their teams.

First, to answer a question about how to become an executive from a team leader, CEO Cho said, “A phrase I always say is ‘lead your boss’, which means you need to convince your bosses and make results proving your capabilities with execution. Only by doing this will team members respect their leaders and management will also recognize these leaders.” Continuing, the CEO stated that, if a team leader has three bosses who have been promoted thanks to their performance and five team members who are willing to take part in any of their projects, it is a matter of time before that person is promoted to an executive position. “This means you have proven your value as a leader.”

In response to a question about his method of overcoming work burnout, CEO Cho answered, “Based on my own personal experience, it is imperative that you manage stress and release it before it builds up to the point of leading to burnout.”

To conclude the CEO F.U.N. Talk, Mr. Cho said, “The opportunity to listen closely to your experiences and opinions as team leaders is very meaningful to me, and it has been an absolute honor to be able to share my thoughts with you all.”

CEO Cho has already spent more than 150 hours in the air visiting nine countries across North America, Europe, Asia and Central and South America this year. Each time he visits local offices, he prioritizes partaking in open communications with employees to listen to their opinions as well as share his vision and philosophy with employees in each country.

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