LG Releases Preliminary Earnings for Fourth-Quarter 2021

A picture of LG Twin Towers at night

SEOUL, Jan. 7, 2022 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the fourth quarter and full-year of 2021.

LG reported revenues of KRW 21 trillion in the fourth quarter of 2021, an increase of 20.7 percent from the same quarter the previous year and the first time sales have exceeded KRW 20 trillion in the company’s history. Operating profit of KRW 681.6 billion in the fourth quarter is expected to be 21 percent lower than the fourth quarter a year ago.

LG’s annual revenue surpassed KRW 70 trillion for the first time in its history, totaling KRW 74.7 trillion in 2021, an increase of 28.7 percent over 2020. Annual operating profit of KRW 3.9 trillion is virtually unchanged from the previous year.

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

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LG Onsite Presence at CES 2022 Spotlights Sustainability Leadership

Greener Products, Carbon-Neutral Booth Design
Help Deliver ‘The Better Life You Deserve’

LG's booth at CES 2022 entirely made out of upcycled, recycled and recyclable materials.

LAS VEGAS, Jan. 6, 2022 – Environmental sustainability is front and center at CES® 2022 in the 2,044 square meter LG Electronics booth, which was constructed entirely of upcycled, recycled and recyclable materials. For its zero carbon CES 2022 booth, LG worked with sustainability leader Carbonfund.org Foundation to neutralize 100 metric tonnes of emissions through carbon credits covering all estimated carbon emissions related to the booth’s transportation, fabrication and onsite electricity use.

The unique booth concept, which seamlessly connects visitors from the physical space to LG’s digital experience leveraging both virtual and augmented reality, features a series of kiosks where visitors can experience how LG seeks to elevate all aspects of daily life though technological and design innovation. Consistent with LG’s CES theme for 2022, The Better Life You Deserve, the sustainable exhibit was constructed entirely of recycled oriented strand board (OSB) plywood made by compressing wood scraps, and eliminating use of glue, paint and varnish. The exhibit design was simplified to facilitate easy recycling after the trade show.

This week at CES, where LG is unveiling dozens of new ENERGY STAR® certified home appliances, home entertainment products and IT devices, the company is highlighting its broad sustainability commitment, including eco-friendly product and packaging designs, greener production processes and reductions of hazardous substances. During its CES virtual press conference, LG discussed how its products are becoming more eco-friendly throughout their entire lifecycle – from development, production and delivery to installation, use and disposal.

At CES, LG also announced its million-dollar Life’s Good Award, which will recognize innovation to minimize environmental impact by pursuing zero waste and closed-loop systems, while reducing greenhouse gas emissions and addressing climate change.

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LG Levels up the Laundry Experience With the Latest in Washing and Drying Solutions

Leveraging Enhanced AI Technology, LG’s Latest Innovation
Delivers Unrivaled Convenience and Gentle Clothing Care

LG WashTower with Black Steel finish fitted inside a bright laundry room, delivering a minimalist and ultra-modern aesthetic.

LAS VEGAS, Jan. 5, 2022 — At CES 2022, LG Electronics (LG) is showcasing a smarter, more seamless way to get laundry done with its new LG WashTower and washer and dryer pair. The new laundry solutions feature LG’s enhanced Artificial Intelligence Direct Drive (AI DD™) technology, proven steam technology and an array of functions that make washing and drying clothes more convenient than ever.

With LG’s enhanced AI DD technology, the new laundry pair delivers customized performance that can sense load size, fabric type and the level of soiling of a clothing article, automatically adding the right amount of detergent and adjusting the wash style for optimized cleaning.* The new washer incorporates LG’s steam technology, a tried and true method for getting clothes their clean and refreshed. For greater user convenience, LG’s Smart Pairing™ feature sends information from the washer to the dryer recommending the optimal drying cycle to eliminate most of the guesswork.

LG’s first AI DD equipped dryer model boasts a new AI cycle that adds precise movement control and automatically selects the appropriate settings for optimal fabric care and faster drying times. LG’s AI technology also enables the appliance to learn the user’s laundry routine and preferences to deliver tailored drying options every time. An infrared sensor accurately measures the temperature of the clothes during the drying cycle and makes adjustments automatically to ensure even drying. And unlike other washer-dryer combinations, with Bluetooth paring feature, both appliances can be conveniently controlled from just the washing machine’s control panel.

With its ultra-convenient and space-saving design, LG’s latest WashTower with DUAL Heat Pump dryer is a streamlined alternative to a conventional washer-dryer stack. The front loading washing machine uses AI DD to deliver clean, fresh clothes dryer leverages LG DUAL Inverter Heat Pump technology to reduce energy consumption by drying in a low temperature throughout the drying cycle. With its lower overall height, LG WashTower helps save space through a ductless design that requires less clearance with the back wall. The ductless design also saves owners the inconvenience of having to regularly access and clean out the rear ducts.

Matching outstanding performance with sophisticated style, LG’s new appliance pair are a perfect fit for most spaces and decorating styles. The WashTower features black tinted-glass doors, decorative chrome elements and Black Steel finish for excellent durability with high resistance to scratching. The seamless, flat design contributes to a sleek built-in look in the laundry room and delivers a minimalist, ultra-modern aesthetic with an easy-to-access Center Control™ panel.

“With LG’s advanced AI technology and differentiated features, these stunning new laundry appliances offer gentle fabric care and effortless clothing management,” said Lyu Jae-cheol, president of LG Electronics Home Appliance & Air Solution Company. “By listening to the needs of real people and leaning on our vast experience and expertise in the global home appliance market, we are able to provide consumers with solutions for a better life.”

To experience the latest LG laundry solutions, visit LG’s virtual exhibition booth at CES 2022.

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* AI Washing Cycle detects materials such as natural cotton and synthetic fibers as well as the thickness of the material. Product specifications and features may vary depending on model or region.

The Hardest Worker in Your Kitchen

Probably the hardest working appliance of every home is the refrigerator, working non-stop 24 hours a day, 7 days a week. But such a heavy workload means our most essential appliance is also our most energy hungry, which is why properly taking care of your fridge benefits both the environment and your wallet. To make that job simpler, LG designed its InstaView™ Door-in-Door™ refrigerator range to deliver the most energy-efficient features while at the same time providing outstanding convenience for the perfect kitchen life.

A woman knocking on her LG Door-in-Door refrigerator’s window to look inside without opening the door

Keep Food Fresh, Open That Door Less

Ask yourself this: how many times do you open your refrigerator without taking anything out? We’re all guilty of opening the fridge door out of curiosity or to check what needs replenishing and this has a significant impact on how much energy you use. LG’s Door-in-Door feature reduces cold air loss by providing a separate space for your most popular items. This seemingly simple design not only lets your hardest-working home appliance operate far more efficiently, it also saves you a handsome sum by keeping the compressor — the engine that creates all that cold air — from working overtime, the key to increasing its lifespan.1 Along with all its other innovative features, the LG InstaView Door-in-Door refrigerator has amassed a loyal fan, resulting in more than one million units being sold worldwide in 2020.

A woman using LG’s spherical Craft Ice balls while preparing a drink.

Being the Perfect Host with Craft Ice

When hosting friends and family, an ice maker can make the difference between a good drink and a great drink. LG InstaView refrigerator with Craft Ice™ automatically makes standard ice cubes, crushed ice or LG’s exclusive round Craft Ice which last longer than ice cubes, keeping drinks cooler longer.2 Cocktails and soft drinks taste so much better with clear, aesthetically-pleasing ice balls seen in the fanciest restaurants and bars.

Someone using the LG ThinQ app on their smartphone to monitor the LG InstaView refrigerator, with a box of eggs in the background.

ThinQ-Powered Convenience

To reduce energy consumption and your energy bill, LG’s ThinQ™ AI platform sends notifications to your smartphone if your refrigerator door is left ajar. Users can control key features from anywhere inside or outside the home through either the LG ThinQ app or voice commands using Google Assistant or Amazon Alexa.3 You can even activate vacation mode on your smartphone ThinQ app to check the refrigerator and freezer temperatures remotely when away from home for an extended period of time.

A woman using the LG ThinQ app to control her LG InstaView refrigerator.

Smarter Living with Proactive Customer Care

Proactive Customer Care (PCC), LG’s AI-infused smart customer service, lets users manage their refrigerator’s performance with minimal effort. LG’s PCC service analyzes usage patterns and provides maintenance tips and alerts for potential issues to keep your appliance performing at its best. The comprehensive AI service guides you through the installation process, teaches you how to use your LG devices and informs you when supplies are running low or when software updates become available.4

LG’s latest InstaView refrigerators will be displayed virtually in LG’s digital CES 2022 exhibition booth starting January 5.

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1 Reduction of cold air loss up to 41 percent based on Intertek testing of models SX5534WB, GR-S632GLRC and LFX3194ST/02 using LG internal testing method measuring percentage reduction in exchange rate of air when opening Door-in-Door™ compared to regular refrigerator door for 10 seconds. Results may vary by model and duration of door opening.
2 Craft Ice™ lasts approximately 15 percent longer than cubic ice in water based on internal tests comparing the average melting rate of Craft Ice and cubic ice in an environment of 25-27 degrees Celsius and water temperature of 9 degrees Celsius.
3 Applicable for models with Wi-Fi connectivity with both the appliance and LG ThinQ app connected. Service and feature compatibility may vary depending on the region.
4 Availability of Proactive Customer Care may vary depending on model or region.

Your Ticket to Top-Notch Gaming Experience

One friend plays a video game on LG’s latest OLED TV while the other lays on the living room sofa next to LG StanbyME.

Anyone seeking the best big-screen gaming experience need look no further than LG’s 2022 OLED TV lineup. With their self-lit pixels delivering ultra-fast response time and support for the latest gaming features, not to mention the latest PC hardware, consoles and cloud gaming services, LG’s advanced TVs take high-definition gaming to immersive new heights.

Over the years LG OLED TVs have added many industry-first features to deliver gaming excellence. LG OLED was the first TV to be certified by NVIDIA as G-SYNC® Compatible and LG 8K OLED TV was the first to demonstrate 8K gaming with NVIDIA® GeForce RTX™ 30 Series graphics cards. LG once again raised the bar for gamer-friendly TVs with the addition of support for Dolby Vision® at 4K 120Hz.

Action gameplay displayed on the latest LG OLED TV.
©2022 MARVEL

LG OLED TVs have been the real deal when it comes to leading the way in the adoption of genuine HDMI® 2.1 features and inputs and LG’s newest models continue that tradition with expanded HDMI 2.1 support. Every new LG OLED TV, QNED Mini LED TV, QNED TV and NanoCell TV will support automatic low latency mode (ALLM) and enhanced audio return channel (eARC) with most OLED, QNED Mini LED and QNED TVs certified to support variable refresh rate (VRR).

LG’s 2022 TVs have also been certified by HDMI Authorized Test Centers (ATC) for meeting the requirements set out in the latest HDMI 2.1 standards including VRR, eARC, Display Stream Compression (DSC) and support for Fixed Rate Link (FRL) up to 48Gbps.1

The LG Game Optimizer tab displayed on one of LG’s latest TVs.

DSC is a future-proofing technology that enables visually lossless compression for ultra high definition displays. LG introduced DSC in its SIGNATURE OLED 8K Z series, 8K QNED Mini LED TVs and 8K NanoCell TVs in 2021, providing viewers with outstanding 8K 60Hz 12-bit 4:4:4 video capabilities. Able to enhance the clarity and definition of onscreen objects and colors, DSC is now offered in seven LG 2022 TV models with VRR and DSC support in the LG lineup.2

Select 2022 LG TVs also feature four ports that support FRL, a signaling technology supported in the HDMI 2.1 specification, to deliver higher uncompressed resolutions at ultra-high speed bandwidths (up to 48Gbps) for super-fast gaming and hyper-realistic graphics.3 Some LG premium TVs (models OLED Z2/G2, QNED99/95) also come Wi-Fi 6 certified, ensuring smooth online gameplay and more reliable content streaming for more speed and less latency than ever before. Wi-Fi 6 will be especially advantageous to subscribers of cloud gaming services such as NVIDIA GeForce NOW and Google Stadia, both available on LG 2022 Smart TVs.

A gamer being completely immersed in a video game at home thanks to LG OLED TV’s Dolby Vision at 4K 120Hz

With Game Optimizer, LG’s latest TVs make setting up the ideal gaming environment a fast and simple affair. A one-stop menu for all gaming-related settings, Game Optimizer lets users select and switch between game specific features as well as game genre display presets such as first-person shooters and role-playing while the new Sports option brings an added sense of realism to action-packed games.

Game Optimizer provides quick access to the new Dark Room Mode, which adjusts screen brightness for a better gaming experience in a dim or dark room. Players can easily change the screen’s aspect ratio to suit the game they are playing or the device they’re using (PC or console) as well as manage NVIDIA G-SYNC®, FreeSync™ Premium and VRR settings all from the Game Optimizer menu. Players can also activate Blue Light Reduction to help prevent eye fatigue and AI Game Sound to transport themselves deeper into their favorite titles.

With its 2022 OLED and premium LCD TVs, LG is once again demonstrating a commitment to meeting the needs of today’s gamers and delivering the best big-screen gaming experience possible.

Specifications:

 

 

OLED 8K OLED 4K QNED Mini LED 8K QNED Mini LED 4K QNED 4K
Z2 G2 C2 B2 A2 QNED99 QNED95 QNED90 QNED85 QNED80
Number of Ports Compliant with HDMI2.1 (48Gbps) 4 4 4 2 4 4 2 2 2
Number of Ports Compliant with HDMI2.0 2 3 2 2 2
eARC (Enhanced ARC) Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
ALLM

(Auto Low Latency Mode)

Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
VRR HDMI VRR Yes Yes Yes Yes Yes Yes Yes Yes
VRR NVIDIA

G-Sync

Yes Yes Yes Yes
VRR AMD

FreeSync

Yes Yes Yes Yes Yes Yes Yes Yes
DSC (Display Stream Compression) Yes Yes Yes Yes Yes Yes Yes Yes Yes

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1 2022 LG premium TVs that meet CTS2™ latest certification HDMI® 2.1 compatibility test standards: OLED 8K Z2 series, OLED 4K G2 series, OLED 4K C2 series, OLED 4K B2 series/QNED Mini LED 8K QNED99 series, QNED Mini LED 8K QNED 95 series, QNED Mini LED 4K QNED90 series, QNED Mini LED 4K QNED85 series, QNED 4K QNED80 series, 86-inch NANO75 series, UQ90 series.
2 2022 LG premium TVs that support VESA® DSC: OLED 8K Z2 series, OLED 4K G2 series, OLED 4K C2 series, OLED 4K B2 series / QNED Mini LED 8K QNED99, QNED Mini LED 8K QNED95, QNED Mini LED 4K QNED90 series, QNED Mini LED 4K QNED85 series, QNED 4K QNED80 series. 86-inch NANO75 series, UQ90 series. LG premium 2022 TVs that support both VESA® DSC and VRR: OLED 8K Z2 series, OLED 4K G2 series, OLED 4K C2 series, OLED 4K B2 series/QNED Mini LED 8K QNED99, QNED Mini LED 4K QNED90 series, QNED Mini LED 4K QNED85 series, QNED 4K QNED80 series, 86-inch NANO75 series, UQ90 series.
3 2022 LG premium TVs that support FRL 48Gbps: OLED 8K Z2 series, OLED 4K G2 series, OLED 4K C2 series/QNED Mini LED 8K QNED99 series, QNED Mini LED 8K QNED95 series.

New LG TVs Redefine Viewing and User Experience With Unmatched Features, Technologies

2022 LG Models Deliver Superb Picture Quality,
More Screen Sizes, Smart Lifestyle Services

A family together in their living room enjoying spectacular natural landscape images on their wall-mounted 2022 LG OLED TV.

LAS VEGAS, Jan. 3, 2022 — LG Electronics (LG) today unveiled its most advanced and impressive TV lineup yet, headlined by the company’s exceptional 2022 OLED TVs. With powerful imaging technologies and an improved webOS offering even more smart features and services, LG’s latest models are expected to elevate the viewing and user experience like never before.

LG OLED
The leader of the global premium TV market for nine years and counting and a CES Innovation Award honoree for eight consecutive years, LG OLED TV has reshaped the premium TV segment to become the first choice for millions of consumers worldwide.1 OLED TVs employ self-lighting pixels that can be turned on and off individually to deliver perfect blacks, incredibly natural colors and infinite contrast. Backlight-free, OLED is thinner and lighter than every other display technology, allowing for the creation of unprecedented form factors such as bendable and rollable TVs.

Featuring LG’s advanced OLED panel, the new G2 series models are in a class of their own. The next level in OLED’s evolution, the OLED evo technology featured in both G2 and select C2 series delivers higher brightness for ultra-realistic images with amazing clarity and detail. Powered by LG’s new α (Alpha) 9 Gen 5 intelligent processor,2 the company’s Brightness BoosterTM technology enables G2 series TVs to deliver even more brightness through improved heat dissipation and a more advanced algorithm.3

LG’s 2022 G2 series introduces a new 83-inch model and the world’s first 97-inch OLED model to complement the 55-, 65- and 77-inch TVs already in the lineup. The LG G2 series delivers a refined design with its attractive flush-to-the-wall Gallery Design. LG’s C2 series offers the most diverse selection of screen sizes with a total of six for 2022: world’s first 42-inch OLED TV, ideal for console and PC gaming, in addition to 48, 55, 65, 77, 83 inches. This OLED TV series features thinner bezels for a more immersive viewing experience in addition to giving the TV a sleeker design.

Faster and Smarter
At the heart of most of LG’s new TV models, the α 9 Gen 5 leverages deep learning to enhance upscaling performance and give onscreen images a more three-dimensional quality by making foreground and background elements more distinct from one another. The α9 Gen 5 also expands the capabilities of LG’s AI Sound Pro feature to provide viewers with more lifelike audio; enabling the TVs’ built-in speakers to produce virtual 7.1.2 surround sound.

Upgraded UX
The latest version of LG’s innovative Smart TV platform brings the user experience to life on LG’s new TVs, delivering maximum convenience and easier content discovery. webOS 22 introduces personal profiles so users can enjoy a more customized viewing experience. Under each profile, users can set up fast access to their favorite streaming services, get tailored content recommendations based on viewing history and receive real time alerts to keep up with favorite sports teams. Logging into profiles can be performed either from the TV browser or from a smartphone with NFC Magic Tap.

NFC Magic Tap can also be used to mirror a mobile device screen to an LG TV.4 Viewers can also mirror content from one TV to another in the home using Room To Room Share, which enables the viewing of cable or satellite content on another TV via Wi-Fi without an additional set-top-box.5 Also new for 2022, Always Ready turns an LG TV into a media display when not in use. Easily set up in the SETTINGS menu, Always Ready is activated with a press of the power button on the LG Remote to transform the screen into a digital canvas for showcasing artwork, keeping track of time or playing music.6

What’s more, upgrading ThinQ AI will allow LG’s 2022 TVs to become true smart home hubs. In addition to providing users with effortless voice control, and compatibility with other ThinQ-powered devices, ThinQ AI now offers support for Matter, a new industry standard for a more secure and seamlessly connected smart home, which will allow LG TVs to work as a controller for connected devices.7

Outstanding Picture Quality
Acknowledged by consumers, tech experts and the biggest names in the film industry, LG OLED TVs continue to raise the bar for picture quality. The panels found in the 2022 OLED lineups have been certified by global product testing agency Intertek for 100 percent color fidelity and 100 percent color volume. LG OLED TVs are unique in their ability to match the colors in the original source content and express all colors accurately regardless of how bright or dark the displayed images may be.8 All 2022 LG OLEDs are certified flicker-free by both TÜV Rheinland and Underwriters Laboratories, and glare-free by UL. LG’s OLED panels have also been recognized by TÜV Rheinland for their low blue light performance and are the first in the world that meet the low blue light emission requirement of Eyesafe, a U.S.-based health standards agency. And not only do LG TVs make it easier for creators to appreciate their accuracy, they also make it easier for customers to see movies as their creators intended as they were the first in 2021 to offer auto switching to Filmmaker Mode when enjoying Amazon Prime Video content.

Unmatched in Gaming
LG OLED has claimed many gaming first titles over the years: first OLED TV to support NVIDIA G-SYNC® Compatible and first 8K OLED TV to demonstrate 8K gaming with NVIDIA® GeForce RTX™ 30 Series graphics cards. With its 1 millisecond response time, low input lag and up to four HDMI ports supporting multiple HDMI 2.1 features, it’s no surprise that LG OLED is the ideal choice for console and PC gaming fans. And with support for NVIDIA GeForce NOW and Google Stadia cloud gaming platforms, gamers can start having fun by just connecting a compatible controller.

New for 2022, LG customers can easily select and switch between game-specific features and display presets directly from the TV’s Game Optimizer menu. The Game Optimizer menu provides quick access to the new Dark Room Mode, which adjusts screen brightness for a better gaming experience when the lights are off. Settings for G-SYNC® Compatible, FreeSync™ Premium and variable refresh rate (VRR) are easily accessible from Game Optimizer. What’s more, a new sports mode joins presets for first-person shooter, role-playing and real-time strategy games, delivering more details for even more realism.

LG QNED Mini LED
Demonstrating its continuing leadership in the LCD TV space, LG is also unveiling an expanded QNED TV lineup for 2022. Boasting LG’s own Quantum Dot NanoCell technology, the fresh range offers stellar color reproduction with 100 percent color volume. Able to deliver rich, accurate colors in the brightest and darkest areas of a scene, LG QNED Mini LED TV is capable of amazing contrast thanks to LG’s Precision Dimming Technology. All models starting from the QNED90eries are certified for 100% color consistency so viewers see the same, high quality image every time, even at different viewing angles.9

Interactive Experience
In 2022, LG is also redefining the role of TV with the addition of new services that facilitate more personal and interactive experiences at home.

1M HomeDance – For those who want to dance like their favorite K-Pop idols, LG TV presents the 1M HomeDance app. Created in collaboration with 1MILLION Dance Studio, one of K-Pop’s most popular choreography teams, the app provides a wide selection of tutorials to help users perfect their moves. Users can check out their form with Camera Mode while dancing along with 1MILLION’s professional choreographers, or take a break, sit back, and watch their favorite dance clips.

LG Fitness – LG is also introducing its very first health platform, LG Fitness, to help users enjoy a healthier lifestyle at home. Users can find the ideal workout plan based on the system’s recommendations or create their own by choosing from a variety of options such as fast-paced HIIT, full-body stretching or guided meditation, among others, keeping track of their activity and progress on the app’s dashboard.

Independa – And with the arrival of Independa, LG’s TVs can even help users care for family members remotely or assist seniors to be more independent. As the first tele-healthcare service supported on LG TVs, Independa features an intuitive interface that makes it easy for users to initiate a video chat with a caregiver or easily access a menu of relevant professional services. Pop-up notifications inform when someone is calling and personal alerts can be set up for more reminders. All notifications and alerts are integrated into webOS so they are always just a glance away. Professional services available on Independa include Dentulu (online dental consultation), Capital Rx (discount pharmacy platform), Coverdell (dental insurance benefits), WebMD (medical grade educational videos) and Sprio100 (fitness programs for seniors), among others.10

See LG’s new 2022 TVs for yourself by watching ‘THE STAGE 2022’ on the global YouTube channel and visiting the virtual exhibition at www.LG.com/CES2022 starting 08:00 PST on January 4.

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1 Units shipped in the 9-year period, 2013-2021 (Source: Omdia)
2 α (Alpha) 9 Gen 5 AI Processor available in the following models: OLED Z2, OLED G2, OLED C2, QNED Mini LED QNED99, QNED Mini LED QNED95.
3 Brightness BoosterTM available in LG OLED G2 series only.
4 Content sharing (e.g. photos, music, videos) supported in compatible Android and iOS devices. Screen mirroring supported in compatible Android devices, with support in iOS devices to be added later in 2022.
5 Room To Room Share available via firmware upgrade in first half of 2022. Supports content from set-top boxes and terrestrial broadcasts only.
6 Always Ready available in OLED Z1, OLED G2, QNED Mini LED QNED99, QNED Mini LED QNED95, QNED Mini LED QNED90. Feature can be disabled from the TV settings menu.
7 Matter support available in second half of 2022.
8 LG OLED panel certified by Intertek for 100 percent color fidelity measured to CIE DE2000 with 125 color patterns. Certified by Intertek, LG’s OLED TVs can express 100 percent of the DCI-P3 spectrum across a 3D color space that covers the TVs’ full luminance range, according to IDMS 1.03C (cl. 5.31).
9 Certified by Intertek, LG QNED TVs deliver a high color consistency recorded as 100 percent by CIE DE2000 across 18 color patterns with a viewing angle of ±30°. 
10 Independa app available on 2021-2022 TV models in Canada and US.

LG World Premiere at CES Showcases Today’s Innovations for a Better Tomorrow

Presenting Solutions for a More Inclusive, Sustainable, Connected Future

 At CES 2022, LG's new CEO presenting LG's vision for an enhanced lifestyle and a better future for all.

LAS VEGAS, Jan. 2, 2022 — At CES 2022, LG Electronics (LG) is presenting its vision for an enhanced lifestyle and a better future for all. Hosted by LG CEO William Cho, LG World Premiere will introduce the company’s diverse innovations for the new year and detailed its continuing efforts to create a more inclusive user experience and sustainable tomorrow. LG’s theme for CES 2022, The Better Life You Deserve, emphasizes LG’s ultimate goal to elevate all aspects of daily life though technological and design innovation. This vision is brought to life through three short films: A Better Life for You, A Better Life for All and A Better Life Tomorrow.

A Better Life for You: Creating Value for Every Lifestyle
LG’s concept of the upgradable appliance is the focus of the first short film, A Better Life for You. With enhanced abilities to learn and evolve to better meet the needs of users’ individual lifestyles, LG’s upgraded ThinQ platform empowers compatible products with even more features to deliver additional conveniences in 2022. A Better Life for You shows how advancements in LG’s entertainment solutions are delivering a more personalized, interactive experience to viewers enjoying content on larger screens at home.

Audiences will be introduced to LG StanbyME, a wireless private mobile wireless display that goes anywhere in the house to deliver the ultimate viewing experience of a traditional TV. Also making their worldwide debut, LG PuriCare™ AeroTower is an all-in-one home air care solution designed to deliver the benefits of an air purifier, fan and heater while the LG tiiun indoor gardening appliance offers a simple, clean and reliable way to grow healthy greens all year round.

A Better Life for All: More Sustainable, More Inclusive
LG’s commitment to reducing its environmental impact and making its business more sustainable is the focus of A Better Life for All. Energy saving innovations built into InstaView® refrigerator and its “knock twice to see inside” transparent door, the increased use of recycled materials in packaging materials of LG Soundbar and the reduction of plastic components in LG OLED TVs all point to LG’s commitment to finding solutions that are better for people and the planet. Beyond 2022, LG expects to introduce more than 600,000 tons of recycled plastic into its manufacturing processes and increase the recovery of electronic waste to eight million tons by 2030.

Inclusiveness is also key to LG’s growth as a brand and toward this goal, LG is committed to investing in Accessibility Advisory Councils across different markets. Councils are comprised of accessibility experts and those living with disabilities and play a critical role in advising LG as it develops products with more inclusive user experience in mind, such as voice commands and Braille labeling.

To encourage innovation in the areas of sustainability and inclusivity in 2022, LG is establishing the LIFE’S GOOD AWARD focusing on Innovation for Earth and Innovation for All to solicit ideas to minimize the impact of human activities on the environment and make LG products more accessible and user-friendly. Up to USD 1 million will be awarded to winning participants, more details to be announced in the year ahead.

A Better Life Tomorrow: Blueprint for the Future
The third and final short feature focuses on the future and LG’s role in turning the stuff of science fiction into reality, with the company’s AI-powered CLOi door-to-door delivery robot being readied to roll into service. Audiences are also treated to a behind the scenes look as LG’s virtual artist Reah rehearses for her upcoming music video.

Also getting the spotlight is LG OMNIPOD, a mobility concept solution that blurs the distinction between home and car. Expanding upon the automotive solutions presented in LG’s previous Connected Car at CES 2020, LG OMNIPOD is an on-the-road extension of one’s personal living space. Designed to function as a home office, an entertainment center or even a lounge, LG OMNIPOD offers a look at how a busy individual might be able to get more done in a future where working remotely doesn’t mean having to work from home.

Located inside the main entrance of Central Hall at the Las Vegas Convention Center, LG’s on-site exhibit promises to offer both physical and online visitors an engaging and interactive experience through AR and VR technologies.

LG’s Home Entertainment showcase will be featured in LG Virtual Studio in three individual zones: LG OLED on Metaverse, Virtual Showroom and LG OLED Art. All three zones allow visitors to discover and experience the company’s latest products in compelling, interactive ways. LG’s new home appliances will be featured in the virtual exhibition halls aptly named LG Home, LG Home by Objet Collection and LG ThinQ. LG Home is a virtual living space where visitors can explore the company’s latest appliances including a new washer-dryer set, PuriCare AeroTower and LG tiiun. In LG Home by Objet Collection, visitors can curate their own space by choosing the wallpaper, flooring and other interior design elements to harmonize with the customizable appliances in LG’s premium lifestyle collection. LG ThinQ gives visitors a “tour” of all the features and functions of LG’s smart ecosystem all accessible through the upgraded LG ThinQ app.

Visit LG’s CES site and the official YouTube channel for more insights into what LG has in store for CES 2022.

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New Kitchen Duo From LG Featuring ThinQ Recipe Service Upgrades the Cooking Experience

LG’s 2022 Complete Kitchen Solution Delivers Advanced
Cooking Technologies and Seamless Access to Smart Recipes

LG InstaView Double Oven Range and Over-the-Range Microwave Oven seamlessly harmonized in a bright kitchen.

SEOUL, Dec. 29, 2021 — LG Electronics (LG) is about to make life in the kitchen easier than ever with the introduction of its latest cooking appliances, LG InstaView® Double Oven Range and Over-the-Range Microwave Oven. Featuring the company’s core cooking technologies, these premium appliances are the first to offer seamless integration with the new LG ThinQ™ Recipe service.1 Double Oven Range features LG InstaView technology that lets users see inside an appliance by simply knocking twice on the glass, illuminating the interior without having to open the door and letting hot air escape. A complete cooking solution for today’s homes, both products are making their debut at CES 2022 next week.

The new oven range leverages LG’s ProBake® Convection technology for quick and thorough cooking without preheating to deliver delicious, evenly-cooked meals every time. With its precise temperature and airflow control, ProBake provides shorter cooking times and is also the key ingredient in the oven’s Air Fry and Air Sous Vide modes. Air Fry allows cooks to create delectable, crispy fried treats using far less oil than deep frying while Air Sous Vide ensures tender, juicy dishes that will keep diners wanting more. And delicious doesn’t mean having to wait longer, thanks to LG’s UltraHeat™ Power Burner technology.

The other half of the exceptional kitchen duo, LG Over-the-Range Microwave Oven, employs proprietary Steam Cook technology to prepare foods that are juicier, healthier and tastier. The Slide-out ExtendaVent™ in this premium microwave is effective in reducing the presence of smoke and lingering odors in the kitchen. And with its EasyClean interior, the oven is a breeze to keep clean thanks to the advanced coating that prevents food and grease from sticking and allows easy cleanup with only a damp cloth.2 LG’s minimalist design language is perfectly exemplified in the stainless steel and tempered glass of LG WideView™ Window.

New for 2022, LG ThinQ Recipe service delivers a more complete and convenient user experience by making all smart kitchen services and content from LG and its partners available in one place. Accessed via the ThinQ app, LG ThinQ Recipe offers a seamless journey that allows anyone to search, plan, purchase and cook, following hundreds of easy-to-follow recipes including mouth-watering options from talented creators and LG Originals Series, the latter prepared by LG’s own chefs showcasing how to best use features of LG cooking appliances. Powered by SideChef, ThinQ Recipe also offers over 10,000 one-click shoppable recipes for the ultimate home cooking experiences, turning a single recipe or a weekly meal plan into a grocery shopping orderable directly from the app via Walmart or Amazon Fresh.3

In partnership with Boston-based AI start-up Foodspace Technology, ThinQ Recipe also integrates LG’s time-saving Scan to Cook feature, for scan-and-send cooking directions for select frozen meals.

Proactive Customer Care, LG’s AI customer service solution, can be accessed from the intuitive ThinQ app as well. Using artificial intelligence and deep learning technology to analyze product performance data, Proactive Customer Care can send users helpful alerts and maintenance tips to keep their LG ovens running optimally year after year.4

The 2022 LG InstaView Range with ThinQ Recipe will be on display in LG’s virtual exhibition booth at CES 2022 starting January 5.

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1 LG ThinQ Recipe app is applicable for models featuring Scan to Cook. Services and features may vary depending on model or region.
2 EasyClean available only on gas models.
3 Services and features may vary depending on model or region.
4 Availability of Proactive Customer Care may vary depending on model or region.

Mission Launch Brings Together Experts, Startups, Entrepreneurs to Collaborate on Innovation

Dr. Sok-woo Rhee, Head of LG NOVA (North America Innovation Center), giving a speech on stage at the Mission Launch Live event

LG NOVA – the North American Innovation Center of LG Electronics – recently wrapped up its Mission Launch event series, a unique experience that brought startups and entrepreneurs together with industry experts, mentors, influencers and more to create collaborative conversations on what’s needed to build and innovate for the future.

Taking place across two weeks in November, more than 1,700 registrants representing startups and entrepreneurs signed up for LG NOVA Mission Launch to discuss the topics of connected health, mobility, smart home, metaverse and societal impact spaces. As an extension of the LG NOVA Mission for the Future Challenge program to nurture innovations that impact the future and bring them into LG, the event focused on the power of collaboration between startups, corporations, and the industry as a whole. The goal: create an environment of support to enable startups working to change the way we work, live and play, to take their ideas further—and faster— into the adoption process and ultimately, success.

The Mission Launch Live panel having a discussion on stage.

Mission Launch Event

View a quick video on the Mission Launch Live here.

Kicking off the Mission Launch event series, LG NOVA held a one day in-person, invite-only gathering, Mission Launch Live in San Francisco, with keynote speakers, panels, a pitching competition and networking.

Local startups were invited to share the vision for their company in a seven-minute pitch plus three minutes of Q&A to Mr. Thomas Yoon, CEO of LG Electronics North America, Dr. Sokwoo Rhee, Senior VP of Innovation and Head of LG NOVA, as well as outside investors from Lockstep Ventures and an Angel Investor.  The winning prize was USD 10,000 for the first-place winner, and two second-place prizes at USD 2,500 each.  Congratulations to 1st place winner EVVA Health, and 2nd place winners SentiAR and Next-Ion Energy!

Innovation and media expert Mitch Lowe, giving a presentation on the Mission Launch Live stage.

Following the competition, influential tech innovators and disruptors including Mitch Lowe, Former President of Redbox and co-founding executive of Netflix, and David Chang, Founder of Momofuku Group and Marjordomo Media, addressed attendees – sharing insights and stories of how they trailblazed within their respective industries. The event featured remarks from both Yoon and Rhee, sharing the vision for innovation and collaboration at LG.

A Mission Launch Live attendee receiving his name tag at reception.

Mission Launch Virtual Event

For those not located in Northern California, the LG NOVA team followed up the in-person event with a week-long virtual event focused on the topics of Connected Health, Energizing Mobility, Smart Lifestyles, the Metaverse and Innovation for Impact.

Each day was dedicated to one topic including live networking and interactive conversation with industry thought leaders. Topics of interest for entrepreneurs were also covered throughout the week, offering advice such as how to create elevator pitches, how to source funding and meet investor criteria, and marketing tactics for early-stage start-ups. For those unable to attend, sessions are archived on the Mission Launch website here (registration required).

Members of the audience applauding during Mission Launch Live.

The Mission Launch event may be coming to a location near you so visit www.lgnova.com to sign up for the mailing list to be notified.

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[LG SIGNATURE Inspirations] The Time LG Attended Christmas at Royal Albert Hall

Participants of Christmas at the Hall event taking a closer look at LG SIGNATURE OLED R

Proud corporate partner of the Royal Philharmonic Orchestra (RPO), LG SIGNATURE invited guests to present a special evening at the Royal Albert Hall, London’s iconic 150-year-old concert hall, on December 9. As one of UK’s top social events every year, Christmas at the Hall was cancelled in 2020 so this year’s event took on even more significance. With the renowned John Milford Rutter CBE conducting the orchestra, guests were able to experience sing-along carols, rousing fanfares and Yuletide classics.

(From left) RPO Co-Principal Trombone Matt Knight, First Violinist Erik Chapman
(From left) RPO Co-Principal Trombone Matt Knight, First Violinist Erik Chapman

A pre-performance champagne reception and an exclusive meet and greet with some of RPO’s performers were held during the interval in a grand tier private box, followed by an intimate standing supper in the Prince of Wales room. The luxurious room was filled with an array of LG SIGNATURE’s innovative products, including Wine Cellar, Refrigerator and OLED R, complemented with festive drinks and dishes.

The Prince of Wales room of the Royal Albert Hall filled with LG SIGNATURE's luxurious products and beautiful pictures for the event

An exclusive group of guests including representatives from major British publications, attended the matinee performance with Lee Bum-seop, president of LG UK, enjoying the evening with other LG UK employees.

Participants of Christmas at the Hall event taking a closer look at LG InstaView Door-in-Door Refrigerator

Guests were impressed by the jolly performances as well as the LG SIGNATURE products being showcased. The prominent exposure of the products at the performance generated much interest in the LG SIGNATURE lineup among the Royal Albert Hall and Royal Philharmonic Orchestra patrons.

All in all, it was a jolly, festive opportunity for LG and music-loving Brits to celebrate the closure of another eventful year.

LG SIGNATURE OLED R showcased in the Royal Albert Hall

Contributed by LG UK

# # #

LG CEO Outlines Company Priorities for 2022

Communicates Goal to Become Top Lifestyle Innovator and
Solutions Provider Amid Uncertain Times

A photo of new LG CEO William Cho

SEOUL, Dec. 23, 2021 — LG Electronics’ (LG) new CEO William Cho announced the company’s priorities for 2022, communicating the importance of being even more strategic in the new year to increase customer value and strengthen existing businesses while preparing for all future possibilities. In his end-of-year employee address, CEO Cho also voiced his appreciation to all staff for a successful 2021 that saw much change and growth amidst the challenges of an evolving global market.

“We will do what needs to be done to make management more agile and have the courage to implement new ways to meet the demands of a fast-changing business environment,” Cho announced. “LG has and will always produce high-quality products. Going forward, we will place a greater emphasis on the overall customer experience with our concept of F.U.N. for first, unique and new, three attributes that will be featured prominently in all customer experiences in 2022.”

Customer experience innovations will include additional contact opportunities with even more customers to more accurately predict and respond to new lifestyle and market trends, Cho said.

“We will accomplish this by building on what we have created, strengthening our planning for the future,” continued Mr. Cho. “Our focus will be on maximizing the growth potential of our existing businesses and seeing every transaction from the perspective of the customer experience.”

Mr. Cho also addressed the ongoing digital transformation in LG’s evolution, reporting that the initiative that started two years ago was now a part of every aspect of LG’s business from planning to operations, increasing efficiency and improving competitiveness. CEO Cho ended his address by touching upon the fundamental changes to the way LG works as a company.

“It is essential to our success that we adopt a more organic way of operating to reduce and eliminate barriers and divisions between departments and business units to allow employees to communicate and coordinate more freely,” Cho concluded. “Likewise, we must elevate our collaboration with other organizations and explore where we can further develop core internal capabilities.”

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LG’s Award-Winning Premium Monitors Designed With Modern Home-Office Workers in Mind

2022 LG Monitor Lineup Optimized for Professional Creative Work and
Next Level Productivity for Totally Unique User Experience

A woman is editing an image using LG UltraFine monitor and a mousepad

SEOUL, Dec. 22, 2021 — Designed to meet the needs of professional users world-over, LG’s newest premium monitors for 2022 will make their debut at CES 2022 at LG’s virtual press conference on January 4. Both the LG UltraFine™ Display (model 32UQ85R) and LG DualUp Monitor (model 28MQ780) offer sleek and practical designs, enhanced connectivity and superior user experience for both home and office workers, including creative professionals and programmers. With peerless picture quality, powerful performance, customizability and convenience, it is no surprise that these solutions both took home CES 2022 Innovation Awards.

When Only A Professional Will Do

The new LG UltraFine Display is a professional-quality monitor designed with the needs of art directors, graphic designers, photo/video editors and live streamers in mind. Its 32-inch 4K UHD (3,840 x 2,160) resolution Nano IPS Black panel boasts 2,000:1 contrast ratio and 98 percent coverage of the DCI-P3 color gamut, ensuring deep blacks and vibrant colors that remain true across a wide viewing angle in various ambient conditions. LG’s first Nano IPS Black panel empowers the LG UltraFine Display to deliver realistic and nuanced black tones, adding more depth to images and allowing creators to realize their visions with advanced precision.

To maintain the level of color accuracy required by today’s creatives, the LG UltraFine Display comes with a detachable auto self-calibration sensor. Calibration can be easily scheduled via LG’s intuitive software, saving users time by performing this critical calibration automatically.

Two is Always Better Than One

A multitasking powerhouse ideal for all kinds of tasks such as content creation and coding, LG DualUp Monitor features a Nano IPS display with a unique 16:18 aspect ratio – a completely new format in the monitor market. The innovative Square Double QHD (2,560 x 2,880) resolution monitor offers the same screen real estate as two 21.5-inch displays and has a vertical split view function that lets users see more in one glance. Boosting productivity and convenience, the LG 28MQ780 elevates user comfort with the ultra-adjustable LG Ergo stand which saves space as it clamps securely to most desks and tables. And the double height screen of LG DualUp Monitor reduces side-to-side head movements, the main cause of neck pain.

“LG’s premium monitors for 2022 deliver the picture quality, features and usability that can satisfy the needs of both professional and home users,” said Seo Young-jae, senior vice president and head of the IT business unit of LG Electronics Business Solutions Company. “These CES Innovation Award winning-products are examples of our commitment to explore new form factors and functionalities to expand and strengthen our flagship monitor lineup.”

Find out more about these new premium monitors by joining LG’s CES 2022 virtual press conference on January 4 at 08:00 PST.

Specifications:

LG UltraFine Display

(32UQ85R)

LG DualUp Monitor

(28MQ780)

Size/

Ratio

Screen Size 31.5-inch 27.6-inch
Resolution UHD (3840 x 2160) SDQHD (2560 x 2880)
Aspect Ratio 16:9 16:18
Graphic IPS Yes Yes (Nano IPS)
Color Gamut (Typ.) DCI-P3 98 percent DCI-P3 98 percent
Brightness 400 nits 300 nits
Contrast Ratio 2000:1 1000:1
Deep Black from Sides Yes
HDR Display HDR400 HDR10
Color Auto Configuration Yes
Self Auto Calibration Yes
Color Calibrated Yes Yes
Response Time 5ms (GtG on Faster setting) 5ms (GtG on Faster setting)
AMD FreeSync™ Technology AMD FreeSync™
Design Screen 3-Side Virtually Borderless Design 3-Side Virtually Borderless Design
Stand Pivot / Height / Tilt Pivot / Height / Tilt / Swivel
(Ergo 2nd Gen)
Interface USB Type-C™ DP Alt. + Power Delivery DP Alt. + Power Delivery
96W + data 96W + data
HDMI x2 x2
Display Port x1 x1
USB Hub x1 Upstream x1 Upstream
x2 Downstream x2 Downstream
Power Adapter Adapter
Sound Speaker Stereo Speaker with

MAXXAUDIO® (5W x 2)

Stereo Speaker with

MAXXAUDIO® (7W x 2)

SW On Screen Control Yes Yes
Feature PBP Yes
Auto Brightness Yes

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LG Improves Air Purifier Technology, Set to Unveil Fresh Take at CES 2022

With Proprietary Air Valley Technology, LG PuriCare AeroTower
Delivers Personalized Fresh Air Anywhere in the Home

A front view of LG PuriCare AeroTower Beige air purifying fan in a bright room next to traditional interior decoration.

SEOUL, Dec. 21, 2021 — LG Electronics’ (LG) all-in-one home air care solution designed to deliver the benefits of an air purifier, fan and heater in a stylish form factor is set to make its world debut at CES 2022. Developed from the ground up to meet the needs of today’s at-home lifestyle, the all new PuriCare™ AeroTower Air Purifying Fan offers personalized comfort that makes any indoor activity more pleasant and comfortable.

LG PuriCare AeroTower is ideal for year-round use, delivering pure, clean air 360 degrees in one of three airflow modes: Heating Mode, Fan Mode and Diffusion Mode. Use Heating Mode for a blast of warm air on a chilly day, up to 30 degrees Celsius maximum, capable of increasing the room air temperature by five degrees Celsius in less than 10 minutes.1 Fan Mode produces a refreshing breeze and provides customized comfort with 10 levels of airflow intensity. Diffusion Mode ensures optimal quality indoor air in any season, delivering clean, filtered air upward and outward through the Air Guard diffuser for wider, more powerful air circulation.2

Employing LG’s own Air Valley technology, the air purifier creates a canyon of air that follows a given surface. Commonly known as the Coandă effect, this results is a consistent, comfortable breeze that can be felt throughout the room. The PuriCare AeroTower’s tapered, vertical vanes are whisper quiet, only emitting 23dB of wind noise and the sleek cylindrical design offers a modern aesthetic that matches well with any type of décor. LG’s newest PuriCare model will be available in two subtle and sophisticated colors, Beige and Silver.3

LG PuriCare AeroTower comes certified by international testing agencies such as IBR Laboratories for improving indoor air quality. Multi-stage True HEPA Filters captures 99.97 percent of different types of particulates as small as 0.3 microns in size.4 An additional benefit comes in the form of LG UVnano™ technology which employs ultraviolet-C light to reduce the presence of bacteria that often collect on the fan.5

Along with performance and style, LG’s newest air care solution delivers exceptional convenience for its attention to the user experience. Customers can quickly check a variety of air quality data on the purifier’s bright LCD display or on the free LG ThinQ™ mobile app. The Android and iOS app also allows for the device to be monitored in real time and settings adjusted from outside the home.

“Our new PuriCare AeroTower Air Purifying Fan was designed with today’s home lifestyle trend in mind,” said Lyu Jae-cheol, president of LG’s Home Appliance & Air Solution Company. “Whether its cooling, heating or purifying, this device does it all and looks great while doing it.”

To experience LG’s new PuriCare AeroTower, visit LG’s virtual exhibition booth at CES 2022 starting January 5 PST.

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1 Test conducted internally in 19m2 LG environmental testing center. Based on LG internal test results conducted with product models sold in Korean market. Results may vary depending on the actual usage environment.
2 Maximum airflow reach measured at 10m in Direct Mode.
3 Colors may vary by market.
4 Tested in accordance with SGS IBR Laboratories’ methodology, in compliance with IEST RP CC001.6 (2016) HEPA and ULPA filters.
Tested by TÜV Rheinland by comparing number of colonies of Staphylococcus aureus, Staphylococcus epidermidis, Klebsiella pneumoniae under LG UV LED for one hour at the lowest fan setting. Results may differ in real usage scenarios.

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