LG V30S THINQ WITH NEW INTEGRATED AI DEBUTS AT MWC 2018

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

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

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

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)
- K10^α: 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)
- K10^α: 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

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

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

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

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

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

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

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

The front and rear view of the LG G6 in Raspberry Rose, Moroccan Blue and Lavender Violet

Moroccan Blue, Lavender Violet and Raspberry Rose
Available Across LG V30, G6 and Q6 Range

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

A picture of LG Twin Towers in the daytime

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

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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