LG RELEASES PRELIMINARY EARNINGS FOR FIRST-QUARTER 2018

A picture of LG Twin Towers at night

SEOUL, Apr. 6, 2018 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2018.

LG reported tentative consolidated revenues for the first quarter of 2018 at KRW 15.1 trillion with an operating profit of KRW 1.1 trillion, marking the highest first quarter revenues and operating profit in the history of the company. Sales are expected to be 3.2 percent higher than the same quarter the previous year with operating profit being up 20.2 percent year-on-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 SIGNS INTERNATIONAL K-POP SENSATION BTS AS MOBILE PARTNER

Collaboration with BTS Comes as Group Hits New
Milestone in the International Music Scene

Poster featuring international K-Pop boy band, BTS, who will collaborate with LG on a diverse marketing campaign

SEOUL, Apr. 3, 2018 — LG Electronics (LG) is readying its most ambitious and wide-reaching outreach campaign to date, fronted by today’s hottest K-Pop boy band, BTS. Winner of the Top Social Artist of the Year at the 2017 Billboard Music Awards, South Korea’s most popular supergroup will star in a series of TV and social media campaigns for LG’s mobile products, beginning with the company’s upcoming flagship smartphone.

As the first K-pop artists to crack the Billboard Top 10 and perform at the American Music Awards, BTS has an immense following in major smartphone markets in the Americas, Europe and Asia. The video for the group’s most recent single, Mic Drop, surpassed 200 million views on March 22 (Korea Time), becoming the seventh music video by the boy band to achieve this milestone.

LG and BTS will collaborate on a diverse marketing campaign that reflects the uniquely colorful personalities of each of group’s seven members. The campaign will highlight the band’s talent, attitude and relationship with its fans, the very qualities that LG hopes to bring to its upcoming products starting this quarter.

“BTS achieved international superstardom through raw talent, innovation and authenticity even though many gave them little chance of real success,” says Kim Su-young, vice president and head of marketing for LG Electronics Mobile Communications Company. “These qualities make BTS a great match with our smartphone brand and we hope to be able to convey to the global audience that LG mobile devices are also about delivering bold innovation with a unique attitude.”

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LG BRINGS FREE LAUNDRY SERVICE TO RESIDENTS OF OGBA COMMUNITY IN NIGERIA

Access to clean water is a challenge to most Nigerians, especially those living in the rural areas. The recent Multiple Indicator Cluster Survey (MICS), conducted by the Nigerian government in 2016-2017, reveals that about 40 per cent of households, or approximately 70 million residents, do not have access to clean water sources. In the rural areas, nearly 20 million people must traverse long distances on foot to collect unsafe water from polluted lakes and rivers.

Women and children hand-wash clothes in a laundry bowl by the riverside.

Photo Credit: Pulitzer Center (http://goo.gl/MFbvDx)

Erratic power is another major contributor to the lack of safe water. With electricity only available an average of six hours per day, the power required to pump water is limited. According to The Spectator Index report, Nigeria is ranked the second worst electricity supply nation out of 137 countries.

People wait in line to fetch the water from the public well.

Photo Credit: WaterAid Nigeria (https://goo.gl/7ykqY2)

Hygiene is also a serious problem without a properly supply of water. Children without access to safe water are more likely to die in childhood from waterborne diseases. In Nigeria, diarrhea remains the leading cause of death among children under five years of age. Children in rural areas spend hours daily collecting water, missing school as a result. And even for those who can attend school, the lack of clean clothes makes proper hygiene and cleanliness a big challenge.

JujuFilms 01

Photo Credit: Juju Films (https://goo.gl/DUiYuw)

To help alleviate the burden in a tangible way, on March 30 LG Electronics launched a free laundry program in the community of Ogba in Ikeja, a suburb of Lagos, Nigeria. The pilot program includes a modern facility to provide up to 50 local families each day with laundry service needs at no cost.

A man explains LG washing machine features to the event's attendants during public event.

LG constructed the facility which included the installation of a constantly replenished water tank, uninterrupted power supply, washing machines, dryers and even air conditioning. Two full time staff will be on hand to provide free detergent and laundry bags. The opening ceremony was attended by representatives of both LG Electronics and the local LG distributor, Fouani Nigeria Limited.

A woman stands with a little girl and smiles with LG’s gift bag in front of LG’s washing machine.

“LG is using its capabilities to help local communities solve some of their regional issues,” remarked Lee Choong-hak, executive vice president of LG Electronics in charge of corporate social responsibility initiatives at the opening ceremony. “We are hopeful that the opening of Life’s Good with LG Wash will allow local residents to spend more quality time with their families.”

Lee Choong-hak, executive vice president of LG Electronics and in charge of corporate social responsibility initiatives, stands with other LG representatives at the opening ceremony of a new LG store.

LG is creating a real difference in improving society and helping address social issues in Ogba and the surrounding area. LG plans to open additional laundry service centers in Kano and Ibadan, the second and third largest cities in Nigeria.

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SOUTH KOREAN WOMEN CURLERS TAKE ON NEW ROLE AS THE FACE OF LG APPLIANCES

South Korea’s women curlers, known as “Team Kim” stands abreast with LG CordZero vacuum cleaners in front.

South Korea’s popular women curlers who took the silver medal in last month’s Winter Olympics in PyeongChang, will be supported by LG Electronics with a four-year sponsorship deal as they prepare for the 2022 Olympics in Beijing, China. The champions, known as “Team Kim” after their common surname, will be the new face for LG’s cordless vacuum cleaners, Cord Zero, as well as other home appliances.

Skip Kim Eun-jung launches a stone with a broom in her left hand.

Also affectionally called “Garlic Girls” by the media after their garlic-farming hometown of Uiseong from where four of the members hail, Team Kim became unexpected stars with their underdog silver-medal performance, the first curling medal in history for South Korea. During the Olympics, Team Kim took the country by storm, achieving a level of celebrity usually associated with celebrities and K-pop stars.

Lead Kim Yeong-mi and second Kim Seon-yeong are sweeping the curling stone.

The first television commercial featuring the team began airing in the Korean market this weekend (Korean language only):

https://youtu.be/v7qS9jzZ5Ao

The team, which struggled in the years leading up to the Olympics due to the lack of interest and knowledge of the sport of curling in the country, qualified for the Sochi Games in 2014 but failed to advance. The team was not expected to do much better in PyeongChang until they bested top-ranked Canada in its first match. Team Kim beat Japan in the semifinals to become the first Asian curlers to make it to the finals.

Two combined photos of an Olympic curling stone on half a target, with the other half a living room carpet with the LG CordZero R9 robot vacuum moving across it.

Team Kim now have a legion of fans who post memes about them on Korean social media sites including videos that feature robot vacuum cleaners and brooms.

The photo shows the Tweeter account of World Curling Association celebrating on Team Kim’s silver medal winning at PyeongChang Winter Olympics 2018.

For fans who can’t get enough of Team Kim, the women are currently participating in the 2018 Ford World Women’s Curling Championship in Canada until March 25.

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WEBOS ENTERS NEXT PHASE AS GLOBAL PLATFORM UNDER LG’S STEWARDSHIP

LG Partners with Korean Government Body to Expand Diversity of webOS Offerings

LG’s webOS offerings from 2014 to 2018.

SEOUL, Mar. 19, 2018 — As part of a broader effort to make webOS even more accessible to today’s consumers and industries, LG Electronics (LG) entered into a memorandum of understanding (MOU) with a federal government body to more actively advance its philosophy of open platform, open partnership and open connectivity.

The National IT Industry Promotion Agency (NIPA) is the governmental body within South Korea’s Ministry of Science and ICT (Information and Communication Technology) responsible for developing the country’s IT sector. LG will solicit webOS business proposals from hundreds of start-ups recommended by NIPA and shortlist the most viable ones to provide logistical and technical support with commercialization as the ultimate goal. With LG’s backing, startups will take part in international events such as Open Source Summit and OSCON to share their ideas and initiatives with other industry influencers.

Toward its goal of expanding the webOS global footprint, LG developed an open source version of its platform, webOS Open Source Edition, now available to the public at http://webosose.org. Developers can download the source code free as well as taking advantage of related tools, guides and forums on the site to become more familiar with webOS and its inherent benefits as a smart devices platform. And because webOS is a Linux-kernel-based multitasking OS with support for HTML5 and CSS3, webOS will be quite familiar to even new developers.

“When LG adopted webOS for our popular smart TV lineup in 2013, it did so with the knowledge that webOS had tremendous potential,” said Dr. I.P. Park, Chief Technology Officer at LG Electronics. “webOS has come a long way since then and is now a mature and stable platform ready to move beyond TVs to join the very exclusive group of operating systems that have been successfully commercialization at such a mass level. As we move from an app-based environment to a web-based one, we believe the true potential of webOS has yet to be seen.”

 

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LG EARNS TOP SPOT ON YOUTUBE ADS LEADERBOARD ON INTERNATIONAL WOMEN’S DAY

The logo of YouTube Ads Leaderboard for International Women’s Day 2018

LG Electronics celebrated International Women’s Day 2018 by being named the top video on YouTube Ads Leaderboard. According to Think With Google, “Leaderboard showcases the top ads that women chose to watch and have an empowering message.”

A screenshot of LG India’s “Astronaut” video, there are two women looking up towards the night skyProduced by LG India, it’s “Astronaut” video was created in 2017 to celebrate the company’s 20th anniversary in the Indian market and currently has more than 104 million views between a 12-month period ending March 1, 2018.

A screenshot of LG India’s “Astronaut” video, there are a woman who in in an astronaut training inside a special facility.

The video showcases LG’s essence of Life’s Good with the story of a girl of modest means who dreams of visiting the stars to see her deceased father. The story exemplifies how the LG brand has touched the hearts and imaginations of millions of women over LG’s two decades in India.

A screenshot of LG India’s “Astronaut” video, two men are delivering LG OLED TV to a woman’s house.

It is a personal tale of many Indian families, particularly the journey of every Indian woman, who makes great sacrifices for her family and children. In this particular tale, the little girl’s journey starts and ends with an LG TV. With this story, LG salutes the spirit of every Indian woman, who never stop giving the best to her loved ones.

A screenshot of LG India’s “Astronaut” video, a woman wearing the astronaut suit is waiting for the departure of the spaceship.

“The core motivation behind developing this story line was to thank Indian consumers for their trust and love for the brand LG on our 20th anniversary,” said Kim Ki-wan, president of LG Electronics India. “It is an emotional story and we are extremely touched that this video is enjoyed by a large female audience as the message is about a woman and her aspirations. We will continue to bring offerings that will create a more dynamic world for women and push for their progress through technological empowerment.”

An animated image to recap the video content of LG India’s “Astronaut” video

The full video can be viewed at Think With Google: https://www.thinkwithgoogle.com/advertising-channels/video/youtube-leaderboard-international-womens-day-2018/

 

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LG ANNOUNCES PREMIUM 2018 TV LINEUP

Reinforcing Leadership in Expanding Global OLED TV Market
with ThinQ® AI and α (Alpha) 9 Image Processor

Front view of LG AI-enabled OLED TV model W8.

SEOUL, Mar. 5, 2018 — LG Electronics (LG) today unveiled its 2018 TV lineup with an array of new and innovative OLED and SUPER UHD models, demonstrating its commitment to leading the global premium TV market. At a launching event in Seoul, LG introduced new TV products featuring the company’s exclusive ThinQ® artificial intelligence (AI) technology and advanced α (Alpha) processor which will lead the way in solidifying LG’s position in the global market for premium TVs, with the market for OLED TVs forecast to see sales of 2.5 million units this year from 1.6 million in 2017.

LG is building upon its legacy as the pioneer of large OLED display technology with the launch of ten new AI-enabled OLED TV models for 2018, including the W8, G8, E8, C8, and B8. Each model boasts a range of design factors from Picture-on-Wall (model 77/65W8), to One Glass Screen (model 65G8), Picture-on-Glass (model 65/55E8) and Cinema Screen design (model 77/65/55C8 and 65/55B8). Screen sizes range from 55 to 77 inches with nine AI-enabled SUPER UHD TVs (model SK95, SK85 and SK80) available in sizes varying from 49 to 75 inches.

With LG’s α (Alpha) 9 intelligent processor powering company’s market leading W8, G8, E8 and C8 OLED TV series, viewers will experience enhanced image rendering and more accurate colors from virtually any viewing angle in addition to perfect black levels, the hallmark of LG’s OLED TVs. And with Dolby Atmos sound and optimal picture quality, this year’s TVs from LG will provide consumers with an immersive viewing experience.

LG’s 2018 AI-enabled SUPER UHD lineup is powered by LG’s α (Alpha) 7, the same powerful processor found in the B8 series. In combination with Nano Cell and FALD backlighting, LG AI-enabled SUPER UHD TVs offer the most advanced LCD picture quality ever with deeper blacks, enhanced image rendering, improved shadow details and accurate colors from the widest viewing angles. To complement the upgraded viewing experience, the new SUPER UHD TVs also support Dolby Atmos for an immersive audiovisual experience.

With AI functionality embedded in the sets, LG TV viewers can speak directly into the remote control to enjoy the ultra-convenient features of the latest advanced voice assistant technology. This is achieved by employing Natural Language Processing (NLP) to deliver intelligent voice-activated control and connectivity based on LG’s exclusive deep learning platform, Deep ThinQ®. LG’s ThinQ® AI-enabled TVs support services based on the Electronic Program Guide (EPG) to deliver real-time information and locate channels offering the desired content. Viewers can say “search for this movie’s soundtrack” or “turn off the TV when this program is over” without repeating the program’s title or specifying a time.

LG’s ThinQ® offers an enhanced interactive experience in the company’s newest smart TV lineup. By functioning as smart home hubs, LG ThinQ® TVs can access other smart home products such as robotic vacuum cleaners, air conditioners/purifiers, smart lights, smart speakers and many other devices that connect to the TV via Wi-Fi or Bluetooth.*

And with LG’s top-of-the-line α (Alpha) 9 processor powering the company’s market-leading OLED TVs, viewers will experience additional improvements. SUPER UHD TVs with LG Nano Cell employ Full-Array Local Dimming (FALD) backlighting to provide deeper blacks and enhanced colors, as well as nuanced shadow details for more lifelike images.

NLP will be available in 14 countries: Australia, Brazil, Canada, France, Germany, Italy, Korea, Mexico, Poland, Russia, Spain, the UK, the US and Turkey. For other territories users will benefit from embedded NLP, by opting for one of the ten main setting languages (English, French, German, Spanish, Italian, Brazilian Portuguese, Polish, Korean, Russian, and Turkish).

Picture Quality That Spells Perfection

LG’s newest α (Alpha) 9 intelligent processor provides true-to-life images with incredibly rich colors, sharpness, and depth for more realism. A core innovation of the processor is the four-step process of noise reduction, twice as many steps as conventional techniques. The algorithm allows for greater control to boost the clarity of images affected by distracting artifacts for more effective rendering of smooth gradations.

The processor also improves color performance with advanced mapping capabilities that bring colors far closer to the original content.α (Alpha) 9 is designed to support a high frame rate (HFR) for producing smoother and clearer motion images at 120 frames per second. With such technology, LG’s 2018 OLED TVs can display any content at maximum quality for a truly spectacular viewing experience.

Ultimate Cinema HDR Experience

LG’s 2018 OLED and SUPER UHD TVs feature Cinema HDR, which promises a truly cinematic experience at home with all models adding support for Advanced HDR by Technicolor, building on LG’s legacy of supporting major HDR formats from Dolby Vision to HDR10 and HLG (hybrid log-gamma). HDR images are dynamically processed frame by frame using LG’s proprietary algorithm, Enhanced Dynamic Tone mapping.

“Our top-tier OLED and SUPER UHD TV lineup for 2018 demonstrates the highest advancement in TV technology,” said Brian Kwon, president of LG’s Home Entertainment Company. “LG continues to be at the forefront of the global display industry by offering consumers the best possible viewing experience with technologies such as ThinQ® AI and advanced industry-leading processors.”

* IoT functions vary country-to-country.

 

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IMPROVING CUSTOMER TRUST AND ENHANCING CORE TECHNOLOGIES KEY TO LG’S MOBILE STRATEGY

Premium Interim Smartphones Such as LG V30S ThinQ to Bolster Product Lineup

LG Mobile Communications Company president Hwang Jeong-hwan

BARCELONA, Feb. 27, 2018 — At Mobile World Congress (MWC) in Barcelona, the new head of LG Electronics’ mobile business, spoke about the importance of meeting consumers’ real needs by improving trust in the LG brand and focusing on core technologies. High-end interim products based on successful premium devices such as V30S ThinQ will play an important role toward that goal, according to LG Mobile Communications Company president Hwang Jeong-hwan.

“The majority smartphone customers today desire a great user experience that thoughtfully reflects how they work and play,” said Mr. Hwang. “LG customers expect our phones to excel in four core technologies which we call the ‘ABCD’ of killer features – audio, battery, camera and display. We will prioritize these features not only in our new flagship products but also in our interim products starting with the LG V30S ThinQ which we are showing here in Barcelona.”

Leveraging its proven and well-received smartphone platforms with incremental software and aesthetic upgrades will deliver a longer and more satisfying ownership experience for existing customers. Thoughtful features and unique color options that make LG devices stand out from the competition will attract consideration from new customers while enhanced product build quality and after-sales service like the continuous AI suite updates will give consumers even more reason to consider LG when shopping for a new smartphone.

Great audio, one of the most frequently overlooked features in high-end smartphones, is one of the key reasons consumers choose LG phones. LG’s advanced Hi-Fi Quad DAC technology will continue to be enhanced and developed in future devices and developing better battery technologies in partnership with industry leader LG Chem will be a top priority. LG smartphone cameras will not only lead the industry in innovation with better lenses and improved low light performance, they will get smarter with the addition of artificial intelligence to take much of the guesswork out of capturing that perfect shot. And already a world-leader in consumer electronics displays, both LCD and OLED technologies will see significant investments in R&D.

“The smartphone market has evolved significantly over the past decade and the challenge now is to define our path forward for the next decade,” Mr. Hwang said. “There are very few companies with the depth of experience and diversity of product knowledge as LG. We have every intention of growing our mobile footprint and thriving in this environment with our AI capabilities leading the way.”

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LG V30S THINQ WITH NEW INTEGRATED AI DEBUTS AT MWC 2018

Upgraded with AI Features, LG’s Newest Smartphone
Brings Ease and Convenience to the Mobile Experience

The front and rear view of the LG V30SThinQ in New Moroccan Blue positioned to form a V shape

BARCELONA, Feb. 25, 2018 — LG Electronics (LG) is debuting its first ThinQ mobile device this week at Mobile World Congress (MWC) 2018 in Barcelona, Spain. Building on the foundation of the LG V30 platform, the LG V30S ThinQ integrates new AI technologies into the most commonly used features that are closely aligned to the needs and usage behavior of consumers today. ThinQ was introduced at CES 2018 to identify all of LG’s home appliances, consumer electronics and services that utilize artificial intelligence. With the vision of becoming a human-centered AI company that puts consumers first, LG’s vision for ThinQ is to promote artificial intelligence as an approachable and less intimidating technology.

LG began working on making differentiated and intuitive AI-based solutions for the most commonly used smartphones features more than a year ago. With a particular focus on the camera and voice recognition, the resulting Vision AI delivers a smarter camera that is even easier to use, while Voice AI significantly enhances the breadth of spoken commands in the latest smartphone.

Vision AI: Making Photography Intuitive

Vision AI includes three new intelligent camera features: AI CAM, QLens and Bright Mode that automates and enhances the smartphone image capturing experience for novice as well as experienced shutterbugs.

AI CAM analyzes subjects in the frame and recommends the optimal shooting mode among eight categories: portrait, food, pet, landscape, city, flower, sunrise, and sunset. Each mode enhances the characteristics of the subject taking into account factors such as the viewing angle, color, reflections, lighting, and saturation level.

QLens takes further advantage of the image recognition capabilities of the AI technology to scan QR codes to improve the online shopping experience. Capture an item of interest with QLens to get information as to where to buy the product online at the lowest price as well as recommendations of similar items. Perform an image search with QLens to see matching or similar images of food, fashion and celebrities or detailed information of landmarks such as buildings and statues.

Low light photography on the LG V30S ThinQ gets a huge boost with Bright Mode. Instead of measuring only ambient light like most smartphone cameras, this AI feature uses algorithms to brighten images by a factor of two for better looking photos without the noise.

Voice AI: LG-Exclusive Voice Commands

Another new feature is Voice AI that allows users to run apps and change settings through voice commands alone. Working alongside Google Assistant, the LG-exclusive Voice AI commands eliminates the need to search through menu options and allows for direct selection of specific functions.

More Memory, More Storage, More Colors

The LG V30S ThinQ takes the “flagship” nomenclature to a new level with upgraded features that would satisfy even the most demanding customer. With 6GB of RAM, smooth multitasking and faster performance is virtually guaranteed and storage capacities of 128GB in the LG V30S ThinQ and 256GB in the LG V30S+ ThinQ means that customers will never run out of space. In the rare event that does happen, the microSD slot provides even more storage, up to 2TB.

Still the thinnest and lightest among smartphones with displays of 6 inches or more, the LG V30S ThinQ is no slouch in the toughness and durability category, having passed 14 MIL-STD 810G tests approved by the US Department of Defense. The New Moroccan Blue color has been updated with a green tint while New Platinum Gray gives the device a sophisticated, elegant look. Both devices feature a lenticular finish on the back that displays different hues under certain lighting conditions.

Expanding the Smartphone AI Experience

The AI suite of technologies in the LG V30S ThinQ is the just the beginning of the company’s renewed strategy to create more intelligent smartphones that puts consumers’ needs above all else. While the LG V30S ThinQ offers such advanced features out of the box, certain phones from LG will receive key AI features in future updates delivered over-the-air. Additional LG smartphones will be considered for future AI upgrades, depending on hardware and other factors for the best user experience.

“Many companies talk about AI but we’re already delivering on our promise by integrating intelligent technology in the LG V30S ThinQ to features most commonly used by our customers for a whole new level of convenience never before available in a smartphone of this caliber,” said Hwang Jeong-hwan, president of LG Mobile Communications Company. “And we will continue to introduce new AI capabilities to enhance usability and to demonstrate to our customers that we are committed to delivering a great user experience that continues long after the purchase of an LG phone.”

Attendees of MWC 2018 are encouraged to visit LG’s booth in Hall 3 of Fira Gran Via from February 26 until March 1 for more information on the LG V30S ThinQ.

 Key Specifications:

  • Chipset: Qualcomm® Snapdragon ™ 835 Mobile Platform
  • Display: 6.0-inch 18:9 QuadHD+ OLED FullVision Display (2880 x 1440 / 538ppi)
  • Memory:
    – V30S ThinQ: 6GB RAM / 128GB ROM / microSD (up to 2TB)
    – V30S+ ThinQ: 6GB RAM / 256GB ROM / microSD (up to 2TB)
  • Camera:
    – Rear Dual: 16MP Standard Angle (F1.6 / 71°) / 13MP Wide Angle (F1.9 / 120°)
    – Front: 5MP Wide Angle (F2.2 / 90°)
  • AI: AI CAM / QVoice / QLens / Bright Mode / AI Haptic / Google Assistant
  • Battery: 3300mAh
  • Operating System: Android 8.0 Oreo
  • Size: 151.7 x 75.4 x 7.3mm
  • Weight: 158g
  • Network: LTE-A 4 Band CA
  • Connectivity Wi-Fi 802.11 a, b, g, n, ac / Bluetooth 5.0 BLE / NFC / USB Type-C 2.0 (3.1 compatible)
  • Colors: New Moroccan Blue, New Platinum Gray
  • Other: IP68 Water and Dust Resistant / MIL-STD 810G Compliant / 32-bit Hi-Fi Quad DAC / HDR10 / Crystal Clear Lens / Google Daydream / UX 6.0+ / Voice Recognition / Face Recognition / Fingerprint Sensor / Qualcomm® Quick Charge™ 3.0 Technology / Wireless Charging

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LG TO UNVEIL MORE ADVANCED K8 AND K10 SERIES SMARTPHONES AT MWC

New Devices Close Gap Between LG’s
Price-Friendly Mass-Tier Devices and Flagships

The front and back view of the LG K8 in Aurora Black and the LG K10+ in Moroccan Blue

 

SEOUL, Feb. 22, 2018 — LG Electronics (LG) will unveil the 2018 edition of its popular K8 and K10 mass-tier smartphones at MWC 2018, enhanced with even more premium features rivaling those of premium flagships. Both models will roll out globally in key regions such as Europe, Asia, Latin America and the Middle East.

With a host of advanced camera features such as high speed auto focus and noise reduction for better low-light photography, the new K Series continues to deliver exceptional products to customers at exceptional prices. Both the K8 and K10 carry over the handsome glossy pebble identity that has been a key element of the K Series’ identity, complemented by its 2.5D Arc Glass design for a modern, seamless look that ages well with time. Both phones will be available in three new, striking colors for 2018: Aurora Black, Moroccan Blue, and Terra Gold.

The classy metallic design of the LG K10 with its metal U-frame not only looks sleek, but it is also packed with premium features not normally found in its price range. The K10 is equipped with the advanced 13MP rear camera technology found in the flagship LG G6 and a high resolution 8MP front camera that supports Bokeh when shooting selfies. With the K10, shutterbugs won’t miss any great photo opportunities with Phase Detection Auto Focus (PDAF) which is 23 percent faster than traditional auto focus. And the new Smart Rear Key not only unlocks the phone with a fingerprint, it also triggers Quick Shutter for faster photos and Quick Capture for easy screen shots.

The updated LG K8 delivers more advanced camera UX features for 2018 and low-light photography has been improved from the previous generation K8 with even brighter, clearer images. Favorite features such as Auto Shot, Gesture Shot, Flash for Selfie and Quick Share are carried over to the new K8 by popular demand.

Clearer photographs in dim environments is made possible in both the K8 and K10 with the new Low Light Noise Reduction feature. Combined with High Dynamic Range (HDR), photos come out sharper with more luminosity and contrast levels.

Taking group photos with friends or family is easier than ever thanks to the new Timer Helper feature. No longer is it necessary to guess how many seconds until the timer triggers the shutter. With Timer Helper, the K8 and K10 will help keep count using the flash as a visual aid so friends and family can be in the exact position at the right time.

Another new feature of the K Series camera is Flash Jump Shot, which snaps a photo every three seconds (up to 20 photos) and stitches the images together into a fun GIF for easy sharing. Flash Jump Shot is available on both the K8 and K10 and can be used with either the front or rear cameras.

“LG’s 2018 K Series range of smartphones is focused on delivering even more value to consumers looking for the right device that fits their lifestyle and needs,” said Ha Jeung-uk, senior vice president and business unit leader for LG Electronics Mobile Communications Company. “We’re confident we can capture the hearts and minds of consumers in the fast-moving market with our smartphone camera technology and other convenient features.”

Visitors to MWC 2018 can experience the new K8 and K10 at LG’s booth in Hall 3 of Fira Gran Via from February 26 until March 1.

K10 Key Specifications:*

  • Chipset: 1.5 GHz Octa-Core
  • Display: 5.3-inch HD In-cell Touch (1280 x 720 / 277ppi)
  • Memory:
    • K10+ : 3GB RAM / 32GB ROM / microSD (up to 2TB)
    • K10: 2GB RAM / 16GB ROM / microSD (up to 2TB)
    • K10α : 2GB RAM / 16GB ROM / microSD (up to 2TB)
  • Camera:
    • K10+ : Rear 13MP / Front 8MP or 5MP (Wide)
    • K10: Rear 13MP / Front 8MP or 5MP (Wide)
    • K10α : Rear 8MP / Front 5MP
  • Battery: 3,000mAh (embedded)
  • Operating System: Android 7.1.2 Nougat
  • Size: 148.7 x 75.3 x 8.68mm
  • Weight: 162g
  • Network: LTE / 3G / 2G
  • Connectivity: Wi-Fi (802.11 b, g, n) / Bluetooth 4.2 / USB 2.0 Type B / NFC
  • Colors:
    • K10+: Moroccan Blue / Terra Gold
    • K10 : Aurora Black / Moroccan Blue / Terra Gold
    • K10α: Aurora Black / Terra Gold
  • Other: Fingerprint Scanner / FM Radio / Flash Jump Shot / Music Flash /

K8 Key Specifications:*

  • Time Helper / Quick Capture / Quick Shutter
  • Chipset: 1.3 GHz Quad-Core
  • Display: 5.0-inch HD On-cell Touch (1280 x 720 / 294ppi)
  • Memory: 2GB RAM / 16GB ROM / microSD (up to 32GB)
  • Camera: Rear 8MP / Front 5MP
  • Battery: 2,500mAh (removable)
  • Operating System: Android 7.1.2 Nougat
  • Size: 146.3 x 73.2 x 8.2mm
  • Weight: 152g
  • Network: LTE / 3G / 2G
  • Connectivity: Wi-Fi (802.11 b, g, n) / Bluetooth 4.2 / USB 2.0 Type B
  • Colors: Aurora Black / Moroccan Blue / Terra Gold
  • Other: FM Radio / Flash Jump Shot / Music Flash / Time Helper / Quick Capture / Quick Shutter

 

* Product name, specifications and features may vary depending on the particular market.

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LG TO INTRODUCE OWN SMARTPHONE AI AT MWC 2018

New AI Functionalities Aligned Closely with
Needs and Usage Behavior of Today’s Consumers

Screenshot of the LG V30’s Vision AI, which can provide shopping advice through smart image recognition


SEOUL, Feb. 13, 2018
— LG Electronics (LG) will introduce the first of a suite of AI technologies for its smartphones at this year’s Mobile World Congress in Barcelona, Spain. The new technology will be featured in the 2018 version of the LG V30, LG’s most advanced flagship smartphone to date.

LG spent more than a year researching how AI should be implemented in smartphones, long before announcing LG ThinQ at CES 2018. This research focused primarily on making AI-based solutions with the objective to deliver a unique and more intuitive user experience, focusing on the camera and voice recognition. The result is a suite of AI technologies that is aligned closely with the needs and usage behavior of today’s users.

Vision AI: Next Generation Image Recognition
On top of an already impressive list of camera features that include dual lenses, wide-angle low-distortion lenses, and the all-glass Crystal Clear Lens, Vision AI makes the camera of the LG V30 even smarter and easier to use.

Vision AI automatically analyzes objects and recommends the best shooting mode from among eight modes: portrait, food, pet, landscape, city, flower, sunrise, and sunset. The angle of view, color, reflections, backlighting, and saturation levels are all taken into consideration as the phone analyzes images in its database to determine what the camera is focusing on in order to recommend the best setting. For example, pointing the camera at a plate of pasta will result in food mode being invoked, resulting in warmer colors and heightened sharpening for the most appetizing shot possible.

LG collaborated with a partner in image recognition to analyze over a 100 million images in order to develop the phone’s image recognition algorithms. Over one thousand unique image categories were created for more accurate image analysis, resulting in better shooting mode recommendations.

Another feature of Vision AI provides shopping advice through smart image recognition. By simply pointing the camera at an object, LG’s Vision AI can automatically scan QR codes, initiate an image search or provide shopping options including where to purchase the item for the lowest price and other similar products that the customer might find of interest.

A new low-light shooting mode automatically brightens images in dim environments by a factor of two. Instead of conventional methods of measuring external light levels, Vision AI instead measures the brightness of the actual image that will be recorded, resulting in brightness levels that are adjusted much more accurately.

Voice AI: LG-Exclusive Voice Commands
Another new feature is Voice AI that allows users to run apps and change settings through voice commands alone. Working alongside Google Assistant, the 32 LG-exclusive Voice AI commands – up from 23 commands in 2017 – Voice AI eliminates the need to search through menu options and allows for direct selection of specific functions.

LG Exclusive Voice Commands for Google Assistant

                                                                                                               VOICE COMMAND
                                               FEATURE                                    (PRECEDE WITH “OK GOOGLE”)
1                                     Wide-angle photo                                Take a picture on a wide angle
2                                     Wide-angle selfie                                 Take a selfie on a wide angle
3                                     Wide-angle video                               Record a video on a wide angle
4                                Wide-angle selfie video                       Take a selfie video on a wide angle
5                                          Cine Video                                        Open camera on Cine Video
6                                   Expert Photo Mode                              Open camera on a manual mode
7                                   Expert Video Mode                              Open camera on a manual video
8                                Cine Video (Romantic)                              Take a romantic Cine Video
9                             Cine Video (Melodramatic)                     Take a melodramatic Cine Video
10                                 Cine Video (Thriller)                                 Take a thriller Cine Video
11                                Cine Video (Beauty)                                   Take a beauty Cine Video
12                            Cine Video (Blockbuster)                  Take a summer blockbuster Cine Video
13                       Cine Video (Romantic Comedy)              Take a romantic comedy Cine Video
14                           Cine Video (Documentary)                        Take a documentary Cine Video
15                              Cine Video (Landscape)                              Take a scenery Cine Video
16                                  Cine Video (Drama)                                 Take a drama Cine Video
17                               Cine Video (Historic)                                Take a historical Cine Video
18                               Cine Video (Mystery)                                  Take a mystery Cine Video
19                                  Cine Video (Noir)                                         Take a noir Cine Video
20                                Cine Video (Classic)                                    Take a classic Cine Video
21                              Cine Video (Flashback)                              Take a flashback Cine Video
22                                Cine Video (Pop Art)                                   Take a pop art Cine Video
23                              Expert Mode (Graphy)                                Open camera with Graphy

NEW FOR 2018

24                                  Panoramic Photo                                                        Pending
25                                      Food Photo                                                              Pending
26                           Time-lapse Photo (Video)                                                Pending
27                                Slow-motion Video                                                      Pending
28                                  Low-light Photo                                                         Pending
29                                    AI Cam Photo                                                           Pending
30                                     Image Search                                                           Pending
31                                QR Code Scanning                                                       Pending
32                                  Shopping Search                                                        Pending


Upgrading and Expanding Smartphone AI
LG’s strategy for smartphones is to continue expanding its AI capabilities while also refining existing features to make them more convenient to use. Certain AI features will not be limited to new LG models only, but also to existing LG smartphones via over-the-air updates, taking into consideration various hardware specifications and stability of LG smartphone models for maximum user experience.

“As we communicated last month at CES, the future for LG lies in AI, not just hardware specs and processing speeds,” said Ha Jeung-uk, senior vice president and business unit leader for LG Electronics Mobile Communications Company. “Creating smarter smartphones will be our focus going forward and we are confident that consumers will appreciate the advanced user experience with the enhanced V30 that many have been asking and waiting for.”

Attendees of MWC 2018 are encouraged to visit LG’s booth in Hall 3 of Fira Gran Via from February 26 until March 1 for more information.

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LEADING DIGITAL SIGNAGE PRODUCTS FROM LG DELIVER OPTIMIZED VERTICAL SOLUTIONS FOR BUSINESSES

LG Unveils Diverse B2B Portfolio at ISE 2018
Including Transparent, Open Frame OLED and Video Walls

A view of the LG Transparent OLED signage displayed at ISE 2018.

AMSTERDAM, Feb. 5, 2018 — At Integrated Systems Europe (ISE) 2018, LG Electronics (LG), the global leader in OLED products, will offer optimal vertical solutions adaptable to any business environment such as retail, public spaces and offices. Futuristic, versatile displays including Transparent OLED, Open Frame OLED, OLED Video Wall with ultra-slim bezels and other amazing new products will capture the imagination of ISE attendees.

The centerpiece of LG’s ISE booth is its 55-inch Transparent OLED Signage, a state-of-the-art product that will have visitors marvelling at the razor-thin bezels and elegant form factor. But the most amazing aspect of this advanced product is its transparent OLED display. This unique technology is especially impressive in retail environments and art galleries where products can be placed behind video or special effects displayed on the Transparent OLED Signage.

At ISE 2018, LG Open Frame OLED displays will demonstrate their capabilities in the form of the breath-taking Canyon Attractor, comprised of 60 Open Frame OLED displays in concave and convex configurations. These digital screens are ideal for illustrating OLED’s customizable form factor and superb picture quality. The shape and size of Open Frame OLED displays can be tailored for multiple uses in any industry, such as large-scale video installations and informational displays designed to fit the contours of any commercial space.

Another highlight of LG’s booth at ISE 2018 will be the 0.6mm-thin Even Bezel Video Wall which offers a seamless and immersive viewing experience. Its ultra-narrow bezels minimize distractions, making this product ideal for advertising high-end products in fashion and beauty. LG is also showcasing a digital signage video wall capable of delivering 1,500 nits of brightness for exceptionally clear and bright images, great for spaces with high luminance.

LG’s versatile digital signage products offer optimal vertical solutions adaptable to any business environment and LG has enhanced this capability to deliver the most advanced signage solutions for transportation. LG’s flight information display systems (FIDS) come in a wide range of sizes and orientation. An advanced anti-reflection feature allows passengers to see accurate flight information at a glance without distracting reflections.

LG’s 86- and 88-inch Ultra Stretch displays are perfect for conveying directional information or inspection notices in multiple foreign languages with its stretched form. Advanced IPS Interactive Digital Boards (IDB) with UHD picture quality deliver business efficiency with powerful, collaborative tools. LG’s IDB have advanced touch-enabled interfaces with precise writing performance that allows for multiple users to write simultaneously and freely share ideas with intuitive touch technology for maximum productivity and convenience.

LG will also showcase a 65-inch UHD video conference solution, which was developed in partnership with Cisco. This advanced B2B solution combines LG’s know-how in premium UHD displays and Cisco’s industry-leading technology.

For an extra touch of class for hotel guests, the award-winning OLED Wallpaper TV delivers an instant upgrade to any overnight stay. The Gallery Mode puts artwork in the comfort of a guestroom with superb picture quality. Hotel management will also appreciate the TV’s Pro:Centric® smart platform, which supports simple editing tools for customizing content according to each establishment’s needs. And in-room IoT solutions based on LG’s Smart Hotel TV means that hotel guests can control wireless curtains, door locks, lights, among others, with the Pro:Centric Direct user interface.

“We are extremely proud of our leadership in the global B2B signage industry but even more proud that we are able to consistently offer such creative solutions for our vertical customers,” said Koo Kwang-mo, head of the Information Display business unit of LG Electronics B2B Company. “Our top priority is to be able to offer high value practical and effective solutions to a wider audience that includes retail, government, hospitality, education and transportation industries.”

Also at LG’s ISE 2018 booth will be a diverse range of key display products including In-glass Wallpaper OLED Signage, Ultra Stretch, High Brightness Signage, 1.5mm Pixel-pitch LED Signage and Transparent Color LED film.

 

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LG AND HONEYWELL DEMO AUTOMOTIVE CYBERSECURITY SOLUTION

Technology Leaders Working Together on Detection, Protection and Reporting Software

Logo of LG Electronics

PLYMOUTH, MICH. and SEOUL, Jan. 31, 2018 — Honeywell (NYSE: HON) and LG Electronics Inc. (KSE: KRX) signed a memorandum of understanding to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology. The two companies showcased a collaborative cybersecurity solution at the 2018 Consumer Electronics Show in Las Vegas earlier this month, and at the recently concluded 2018 North American International Auto Show in Detroit.

The collaboration between LG and Honeywell is focused on providing automakers a next generation cybersecurity solution for system communications within the vehicle as well as the increasing amount of external communications via cellular and satellite connectivity.

The two companies are focused on the unserved needs of the auto industry to cover the entire cybersecurity chain from individual gateway protection through threat monitoring of fleets. The solution to be developed by the collaboration will integrate LG’s intrusion, detection and protection software (IDPS) technology for securing vehicle hardware from external attacks with Honeywell’s IDPS solutions for securing internal vehicle communication and control networks along with its security monitoring and analytics capabilities for security operation centers.

The collaborative solution helps ensure passenger vehicle safety and security by identifying and validating software commands and data generated by the more than 100 million lines of code governing modern vehicle operation. LG’s electrical gateways and security modules, telematics control unit (TCU), and electronic control unit (ECU) can be an effective toolset for detecting and reporting anomalies preceding a mechanical failure or intentional hack of the vehicle. Honeywell’s software detects anomalies and protects in-vehicle network traffic, when the global security operation centers receive captured data transmitted in either real time or via a scheduled download. These security centers monitor large fleets to provide analytics coupled with an understanding of underlying issues to provide effective remediation options to the auto maker.

Honeywell’s team of software experts and solutions combine more than 60 years of automotive domain experience as a leading global Tier 1 automotive supplier with useful Honeywell experience in critical industrial safety applications. Its automotive software enables real-time vehicle performance diagnostics that can help increase vehicle reliability and up to a 5 percent reduction in warranty costs.

LG’s vision in automotive components business is to become an innovation partner for vehicle electrification by using accumulated know-how from the consumer electronics industry. Vehicle components is LG’s fastest growing business and is expected to play a major role in the future growth of the company. With a wealth of experience in mobile communications, home appliances, consumer electronics and connected vehicles, LG plans to lead the next-generation vehicle components market through collaboration with Honeywell’s differentiated technologies.

Executive Quotes
“LG Electronics has recognized the importance of automotive cybersecurity as cars are increasingly connected to external networks to provide rich services to end users. In order to provide secure products to our OEM customers, we have been heavily investing on cybersecurity of both software and hardware and offering highly secure products to our OEMs. We have experience in providing various automotive security solutions for ECU/TCU and external network protection. By integrating Honeywell’s security software with LGE’s security solutions, we expect to provide next generation cybersecurity solution that protects entire vehicle from external and internal networks as well as the ECU/TCU system and application layers.”
Lee Woo-jong, president of the Vehicle Components Company of LG Electronics

“There are more than a dozen clearly defined attack surfaces which can provide points of entry for hacking into a passenger vehicle, and the number is growing fast. We are supporting our OEM customers with our differentiated software platform to address the cybersecurity challenge inherent to connected and autonomous vehicle development. We are developing a network of partners and collaborating specifically with LGE to ease the integration work for our customers and provide a comprehensive cybersecurity solution.”
Olivier Rabiller, Honeywell Transportation Systems president and CEO

 

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LG TO BRIGHTEN CONSUMERS’ LIVES IN 2018 WITH UNIQUE AND EXCITING SMARTPHONE COLORS

Moroccan Blue, Lavender Violet and Raspberry Rose
Available Across LG V30, G6 and Q6 Range
The front and rear view of the LG G6 in Raspberry Rose, Moroccan Blue and Lavender Violet

SEOUL, Jan. 30, 2018 — LG Electronics (LG) will make the LG V30’s popular color options of Moroccan Blue, Lavender Violet and Raspberry Rose available on the LG G6 smartphone and Moroccan Blue, Lavender Violet for the LG Q6, giving consumers more beautiful options than ever before.

With the world’s first 18:9 aspect ratio screen on a smartphone, the LG G6 and its 5.7-inch FullVision display was specially designed to be comfortably held in one hand. With three new colors joining Astro Black, Ice Platinum, Mystic White, Terra Gold and Marine Blue, the LG G6 will look great in anyone’s hand. The LG Q6, popular for its large display and premium features at an affordable price point, comes in seven color options with Moroccan Blue and Lavender Violet joining Astro Black, Ice Platinum, Mystic White, Terra Gold and Marine Blue.

With the introduction of the new LG G6 and LG Q6 colors, consumers have more options than ever before in finding a smartphone that best expresses their individuality. The sophisticated hue of Moroccan Blue was inspired by the beautiful blue buildings in the city of Chefchaouen, Morocco. The silvery, romantic shade of Lavender Violet was developed to appeal to both men and women who appreciate the finer things in life. Raspberry Rose offers a strong color saturation that is unique among current smartphones and was designed with anniversaries, graduation ceremonies and Valentine’s Day in mind.

“LG is focusing on producing smartphones that are both high quality and emotionally expressive,” said Park Hee-uhk, vice president and head of product planning for LG Electronics’ Mobile Communications Company. “We want customers to be able to express their distinct personalities through LG’s unique and diverse range of color options.”

The new colors will first roll out in Korea for the LG G6 and LG Q6 in February 2018 followed by key markets worldwide. Additional details, including pricing and release dates, will be announced locally.

 

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LG ANNOUNCES 2017 FINANCIAL RESULTS

Strong Profitability and Highest Annual Sales Ever
Led by Performance of Premium Home Appliances and TVs

A picture of LG Twin Towers in the daytime

SEOUL, Jan. 25, 2018 — LG Electronics Inc. (LG) today announced record full-year revenues for 2017 of KRW 61.4 trillion (USD 55.4 billion), an increase of 10.9 percent from the previous year, the highest in the company’s history. Full-year 2017 profits of KRW 2.47 trillion (USD 2.23 billion) – the highest profit since 2009 – increased 85 percent from 2016 due in large part to strong performance by premium home appliances and TVs. Fourth-quarter 2017 revenues grew 15 percent versus 2016 to KRW 16.96 trillion (USD 15.3 billion), generating strong operating profits of KRW 366.8 billion (USD 330.9 million).

The LG Home Appliance & Air Solution Company reported full-year 2017 revenues of 19.23 trillion (USD 17.34 billion), a 11 percent increase from the previous year, reflecting strong demand for premium products such as TWINWash washing machines, InstaView refrigerators and energy-efficient home appliances. Fourth-quarter 2017 revenues of 4.33 trillion (USD 3.91 billion) rose 7 percent from the same period the previous year, with sales in Korea up 27 percent year-over-year. Quarterly operating income declined to KRW 80.7 billion (USD 72.8 million) because of increased marketing expenses related to LG SIGNATURE, infrastructure investments in North America and R&D expenditures related to AI appliances and robots.

The LG Home Entertainment Company reported full-year revenues of KRW 18.67 trillion (USD 16.85 billion), a 7 percent increase from the previous year. Strong full-year operating profit of KRW 1.57 trillion (USD 1.41 billion) reflected the continued growth in demand of premium LG OLED and UHD TV products. Fourth-quarter 2017 sales were strong, up 14 percent year-over-year to KRW 5.48 trillion (USD 4.94 billion), thanks to increasing demand for LG premium TVs. Operating income for the quarter increased 134 percent from the same period 2016 to KRW 383.5 billion (USD 345.96 million).

The LG Mobile Communications Company posted full-year sales of KRW 11.67 trillion (USD 10.52 billion) despite a challenging marketplace and strong competition from Chinese brands. Fourth-quarter revenues increased to KRW 3.07 trillion (USD 2.77 billion), while the quarterly operating loss narrowed to KRW 213.2 billion (USD 192.33 million) due to strong sales of the LG V30 and other premium smartphones and an improved business structure.

The LG Vehicle Components Company posted solid full-year sales of KRW 3.49 trillion (USD 3.15 billion), an increase of nearly 26 percent from the previous year, and quarterly sales of KRW 856.7 billion (USD 772.8 million), down slightly from the same period a year earlier. The company’s fourth-quarter 2017 profitability declined due to a temporary decrease in sales in the infotainment business and investments in new business. Growth of the global electric vehicle market is expected to generate additional demand for components in 2018.

2017 4Q Exchange Rates Explained

LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2017. Amounts in Korean won (KRW) are translated into U.S. dollars (USD) at the average rate of the three-month period of the corresponding quarter — KRW 1,108.51 per USD.

Earnings Conference and Conference Call

LG Electronics will hold an English language conference call on January 26, 2018 at 09:00 Korea Standard Time (00:00 GMT/UTC). Participants for the English conference call are instructed to call +82 31 810 3061 and enter the passcode 9084#. The corresponding presentation file will be available for download at the LG Electronics website (www.lg.com/global/ir/reports/earning-release.jsp) at approximately 16:00 on January 25, 2018. Visit http://pin.teletogether.com/eng and pre-register with the passcode provided. For those unable to participate, an audio recording of the news conference will be available for a period of 30 days after the conclusion of the call. To access the recording, dial +82 31 931 3100 and enter the passcode 142890# when prompted.

 

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