LG ELECTRONICS ANNOUNCES LEADERSHIP AND BUSINESS CHANGES TO ENHANCE COMPETITIVENESS

Appoints New Leaders, Streamlines Structure and Creates
B2B Company for 2018 and Beyond

SEOUL, Nov. 30, 2017 — LG Electronics (LG) announced the appointment of new executives to lead the Mobile Communications Company, Chief Technology Office and Global Marketing Center as part of its sweeping realignment to better address the challenges ahead. It also named the establishment of the new B2B Company, to expand upon its successful commercial operations and to consolidate existing business to business functions across various LG Electronics divisions.

Among the key changes are:

Hwang Jeong-hwan has been named president and CEO of the LG Mobile Communications Company while current president Juno Cho takes on a new role within LG’s parent company. Mr. Hwang, who has years of experience in R&D, was closely involved in developing one of LG’s first smartphones in 2009 as head of the CTO’s Multimedia R&D Lab.

Dr. Park Il-pyung, head of LG’s Software Center, will take on the role of Chief Technology Officer with current CTO Dr. Skott Ahn taking on a new position in LG Corp. Before joining LG, Dr. Park was Chief Technology Officer at Harman International and head of the Intelligent Computing Lab at Samsung Advanced Institute of Technology. Dr. Park received his Ph.D. in Computer Science from Columbia University and holds a number of patents in the field of computing.

Han Chang-hee, most recently vice president of appliance marketing communications, has been tapped to lead LG’s worldwide marketing efforts as head of the Global Marketing Center. Brian Na, who led LG’s global marketing efforts for the past two years, will assume the role of president of LG’s Western Europe operations.

To expand upon its success in the commercial sector, LG is establishing the B2B Company to oversee all aspects of business-to-business product sales including energy, information displays, vertical solutions. Kwon Soon-hwang, formerly head of LG’s Business Solutions Company and head of LG’s India operations, has been named president of the newly-formed B2B Company.

The Convergence Business Development Center will be established to identify and initiate corporate-wide initiatives related to artificial intelligence, IoT solutions and device-to-device connectivity.

All appointments are effective as of Dec. 1, 2017 with promotions taking effect on Jan. 1, 2018.

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LG SMART ECOSYSTEM SOLUTION TO POWER GROUNDBREAKING HOME OF THE FUTURE

Hand holding smartphone in an apartment with lines connecting an LG ThinQ Hub speaker to a washing machine, dryer, Styler, refrigerator, dishwasher, air conditioner and air purifier

Smart Home Appliance Collection to be Integrated with
LG’s Innovative Home IoT Platform in Seoul Suburb

SEOUL, Nov. 29, 2017 — LG Electronics, a global leader in home appliances, is expanding its smart capabilities to the commercial sector with the installation of an integrated smart solutions package in a premium apartment complex in a suburb of Seoul. Slated to open in early 2021, the Byeollae I’PARK Suite apartment complex of five forty story buildings in the northeastern suburb of Seoul will be furnished exclusively with LG smart home appliances and technologies.

The apartments will feature LG’s top-of-the-line smart appliances including system air conditioners, refrigerators, washing machines, dryers, dishwashers and Styler garment care systems. Homeowners will have the option to install additional smart devices such as air purifiers, robot vacuum cleaners and LG ThinQ Hub speakers, to which all the appliances can be connected and controlled by voice commands.

The system designed for I’PARK Suite will be compatible with smart devices from other manufacturers, consistent with LG’s strategy to support an open smart ecosystem. A smartphone app will allow for the remote operation of non-LG devices as well as calling the elevator, checking electricity consumption, requesting home delivery, checking parking location and communicating with visitors at the door.

“This is a groundbreaking project for LG built on years of experience as a smart appliance leader in Korea,” said Choi Sang-gyu, president of LG’s Korean sales and marketing operation. “This isn’t a demonstration but a real life example of what the home of the future will look like on a massive scale.”

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REALIZE THE UNREALIZED IN VR WITH LG V30

Screenshot of an LG advertisement featuring octogenarian astronaut Jim Lovell experiencing a moonwalk in VR, with the help of the LG V30 and Google Daydream

LG’s Flagship and Google Daydream Offer More Immersive,
Powerful Virtual Reality Experience Than Ever Before

SEOUL, Nov. 28, 2017 — LG Electronics (LG) is bringing the dreams of the young and old to life in virtual reality on its newest flagship handset in collaboration with Daydream, Google’s platform for high quality, mobile VR. Toward this effort, LG recruited a hero to help him realize his unrealized dream of nearly half a century.

Octogenarian astronaut Jim Lovell is not only one of only 24 people to have traveled to the moon, he is the first of only three people to fly to the moon twice and the only one to have gone to the moon twice without making a landing. Captain Lovell was the commander of the ill-fated Apollo 13 mission in 1970 that limped back to Earth after an oxygen tank explosion in space. Commander Lovell was finally able experience a moonwalk in VR with the help of the V30 and Daydream.

“We wanted to provide users a chance to realize their long-held dreams and explore new worlds with the powerful virtual reality experience of the V30,” said Kim Su-young, vice president and head of marketing for LG Electronics Mobile Communications Company. “The striking image quality of the OLED FullVision display pulls you right into the center of the VR action.”

The LG V30 is a Daydream-ready smartphone that pairs seamlessly with Google Daydream View, a headset and controller for experiencing high quality, immersive VR. The Qualcomm^® Snapdragon™ 835 Mobile Platform paired with the QHD+ (2880 x 1440) OLED FullVision display is protected by a body that dissipates heat efficiently and handles high-end VR games comfortably, producing excellent color contrast and fast response times. And the V30 lasts longer than many other phones with its proprietary algorithm and software optimization that make efficient use of its 3,300mAh battery. When it’s time to recharge, Qualcomm^® Quick Charge™ 3.0 Technology brings the battery to 50 percent from zero in only 30 minutes.

What’s more, the advanced smartphone’s Hi-Fi Quad DAC delivers unmatched sound to maximize the sense of reality. Tipping the scale at just 158g, the V30 is the lightest smartphone in its category, making long VR sessions more comfortable.

Watch Commander Lovell experience VR for the first time at https://youtu.be/GoLNXPAXShg.

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LG SIGNAGE TECHNOLOGY GREETS ATLÉTICO DE MADRID FANS AT WANDA METROPOLITANO STADIUM

A wide view of Atletico de Madrid’s football stadium with LG’s signage in the background

Spanish Football Fans to Benefit from Technology Partnership
with World’s Leader in TV and Signage Innovations

MADRID, Nov. 23, 2017 — After four years of planning and extensive renovation, the Spanish professional football team Atlético de Madrid welcomed its fans to the team’s new home stadium, Estadio Wanda Metropolitano, in the eastern district of San Blas-Canillejas in Madrid. Perched on the upper edge of the third largest stadium in the country now sits four immense LED scoreboards, technology courtesy of LG Electronics (LG).

The winner of numerous titles in Spain and Europe since the club’s foundation in 1903, Atlético de Madrid wasn’t content with just any stadium. With an upgraded capacity of 68,000 spectators, the team wanted Wanda Metropolitano to set an example for modern sports arenas everywhere in delivering the benefits enjoyed by millions of home TV viewers. Now European football fans will be able to witness beautiful games like never before thanks to the partnership between LG Electronics and Atlético de Madrid. All the action will be clearly displayed on LG television and commercial LED displays visible from every corner of the modern 88,000 square meter stadium.

Two LED score boards measure 15.2m x 5.6m each and are comprised of one hundred 12mm pixel pitch LED tiles, while a third 10m x 5.6m scoreboard is made up of sixty-five 16mm pixel pitch LED tiles. A fourth scoreboard measuring 8.1m x 4.6m will be installed in the fan zone in the next several months. The scoreboards are capable of emitting and incredible 6,000 nits of brightness so every detail is clearly visible even under bright sunlight. All are controlled using LG’s distinctive color representation and processing technologies for maximum immersiveness.

For stadium operators, LG’s commercial LED displays deliver a competitive edge thanks to quick installation times, simple maintenance needs and operational efficiency. Attractive product offerings – such as the 16mm pixel pitch LED ribbon comprised of 720 tiles – provide a unique space for advertisers while also enhancing the fans’ experience with player stats and fight songs that are displayed between second and third levels.

“It has been a great experience working with Atlético Madrid, whose stadium presented an unique challenge and opportunity to demonstrate the benefits of LG’s advanced digital signage products,” said Kwon Soon-hwang, head of LG Electronics’ information display division. “Atlético de Madrid fans watching from the stands will have an excellent experience and plenty of memories to take home with them.”

“LG’s visually stunning displays fulfilled our need to make a qualitative and aesthetic leap for the new Wanda Metropolitano,” said Íñigo Aznar, Atlético de Madrid commercial director. “Thanks to LG’s technology, we are able to provide an enhanced visual and auditory experience to all spectators and club members coming to our brand new stadium, to experience live football matches, concerts or any other event.”

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LG UNVEILS EXPANDED MEDICAL IMAGING PRODUCT LINEUP AT MEDICA 2017

A front view of the LG Diagnostic Monitor model 21HK512D displaying an X-ray of a person’s chest

Offering Hospitals a Diverse Range of Display Solutions for Comprehensive
Patient Care from Registration and Diagnosis to the Operating Room

DÜSSELDORF, Nov. 13, 2017 — LG Electronics (LG) is showcasing its expanded lineup of medical imaging devices at Medica 2017, the world’s largest medical trade fair held in Düsseldorf every year.

LG, which launched its medical imaging devices business in 2016, has years of experience in advanced flat-panel display technology, sees a lucrative market in the fast growing medical imaging industry. At Medica 2017, LG will present its new 3MP Diagnostic Monitor (model 21HK512D) and a 1.3MP Clinical Review Monitor (model 19HK312C) to medical professionals from all over the world. The 21HK512D is the first product in the diagnosis category for LG and it rounds out LG’s medical imaging device lineup, which now provides hospitals with total display solutions for patient care from registration to examination, diagnosis and treatment.

The LG 21HK512D is a 21.3-inch, 3MP (1536 x 2048) Diagnostic Monitor capable of impressive brightness level and its built-in calibrator checks which colors need to be adjusted and fix the inaccurate colors to ensure that MRI and CT scans are clearly shown. LG’s new 1.3MP (1280 x 1024) Clinical Review Monitor features a 19-inch, 5:4 ratio IPS screen that can connect to existing hospital equipment. Like all of LG’s medical imaging devices, both monitors are Digital Imaging and Communications in Medicine (DICOM) compliant Part 14, which means that grayscale tones are corrected to maintain image accuracy and consistency over time.

LG’s monitors are equipped with backlight stabilization technology to guarantee stable luminance levels and are finely calibrated to ensure consistency across multiple devices. Dynamic Sync Mode reduces input lag while Flicker Safe and Reader Mode settings help reduce eye strain experienced by doctors when working long shifts.

LG’s complete range of medical imaging devices will be exhibited in a variety of scenarios, including a consultation room, an operating table and a radiography room. The monitors’ advanced IPS technology make it possible for multiple medical professionals to view the monitors from different angles with minimal color distortion. What’s more, LG’s medical monitors are water and dust resistant, ensuring that they continue to function flawlessly in the presence of moisture, fluids, powders or any of the many environmental challenges encountered in today’s hospitals.

“We are aggressively expanding our product offerings in the medical field with the aim to become a leader in high-quality medical monitors worldwide,” said Jang Ik-hwan, vice president of LG Electronics’ IT Business Division. “We are optimistic LG’s reputation in the premium display category will carry over to make a positive impact in people’s lives. LG’s long history of developing premium displays will give medical professionals the peace of mind that what they are seeing on-screen is extremely accurate. ”

Over 5,100 exhibitors from 70 countries participated in Medica 2016. Medica has hosted leading individuals in the fields of business, research and politics for more than 40 years, and is also the site for forums and special shows on varied medical-technological topics.

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LG HONORED WITH CES 2018 INNOVATION AWARDS

Sixth Consecutive CES Innovation Awards for LG OLED TVs,
Home Appliances and Flagship Smartphones

SEOUL, Nov. 10, 2017 ― The Consumer Technology Association (CTA™) is recognizing LG Electronics (LG) for groundbreaking innovations in technology and design with CES^® 2018 Innovation Awards – led by multiple honors for LG OLED TVs and refrigerators to be unveiled in January.

This marks the sixth consecutive year that LG OLED TVs, home appliances and flagship smartphones all have received CES Innovation Awards, the official industry recognition for the most innovative products introduced at the annual consumer technology show known as CES^®. LG also will receive its 12th CES Best of Innovations Award for a unique new product that will be introduced at the 2018 show.

LG earned CES 2018 Innovation Awards in eight highly competitive categories: Video Displays, Home Appliances, Wireless Handsets, Smart Home, Digital Imaging, Home Audio & Video Components, Computer Peripherals and Embedded Technologies.

Leading the company’s CES 2018 Innovation Award winners are multiple awards for both LG Door-in-Door^® Refrigerators with SmartThinQ™ technology and for LG OLED TVs with perfect blacks, infinite contrast, expanded color gamut and the widest viewing angles. Other Innovation Award-winning LG products include a new washer and dryer, an advanced video projector, 4K UHD Smart TVs and more, all being introduced at CES 2018.

2018 CES Innovation Awards

Sponsored by CTA and endorsed by the Industrial Designers Society of America, CES Innovation Awards highlight product advancements across technology design and engineering. The awards are selected annually by a panel of esteemed industry designers, engineers and journalists who judge submissions on a variety of criteria, which span user value, aesthetics, innovative design, quality and contributions to quality of life.

The full list of LG’s 2018 CES Innovation Awards, including yet another Best of Innovations Award, will be announced in conjunction with LG’s CES press conference at 08:00 PST on January 8, 2018 in Las Vegas, Nevada, USA.

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LG V30 CELEBRATES INSPIRING, RELATABLE MOMENTS IN “THIS IS REAL” CAMPAIGN

An image from the video clip shows a man holding LG V30 out towards the screen

Authentic, Real People Communicate Inspiring
Messages in Video Series to Stay True to Oneself

SEOUL, Nov. 7, 2017 — LG Electronics (LG) will celebrate the inspiring, yet relatable everyday moments in This is Real, a campaign for its newest flagship smartphone, the V30. Through new video and social content, focused on the V30, LG will highlight and support real people doing, achieving and overcoming amazing things.

“The V30 was designed to be the best content creation smartphone on the market today and what better way to demonstrate the capabilities of this device than through people who live honest and authentic lives every day,” said Kim Su-young, vice president and head of marketing for LG Electronics Mobile Communications Company. “Being real isn’t about being glitzy or glamorous but hard work and resilience, the same qualities we’re celebrating in this campaign with help from the V30 and its ability to capture pure stories.”

To kick off the campaign, LG is producing a series of video content that features a montage of people making their own promise to be authentic and real. From revealing the sheer skill of a deaf dancer to highlighting the triumphs of an actress living with alopecia, the series will spotlight inspiring people’s stories in docu-style segments.

While documenting real and honest moments of inspiring individuals, LG will highlight the V30 as the smartphone to tell their moving stories in high quality. The spots follow real people and stories inspired by real people to show how they use the V30 to capture their everyday.

To experience the videos in the series, visit https://youtu.be/pWcw90HZQtk .

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LG V30 VIDEO SERIES “THIS IS REAL” CELEBRATES STAYING TRUE TO ONESELF

An image from the video clip shows Michael Bauer holding LG V30 out towards the screen

LG Electronics (LG) is celebrating the inspiring, yet relatable everyday moments in This is Real, a campaign for its V30 flagship smartphone. Through new video and social media content, LG is highlighting and supporting real people doing, achieving and overcoming amazing things.

The series features a montage of unique individuals making public commitments to be authentic and real. From revealing the sheer skill of a deaf dancer to highlighting the triumphs of an actress living with alopecia, the series will spotlight inspiring people’s stories in docu-style segments.

Designed to be the best content creation smartphone on the market today, LG wanted to demonstrate the capabilities of the device through people who live honest and authentic lives every day. For LG, being real isn’t about being glitzy or glamorous but about hard work and resilience, the same qualities being celebrated in the campaign with help from the V30 and its ability to capture pure stories.

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LG AND IDT PARTNER ON WORLD’S FIRST Qi EXTENDED POWER PROFILE SMARTPHONE

The front view of two LG V30 devices, with one screen displaying Integrated Device Technology, Inc. (IDT)’s Wireless Power Transmitter IC and the other displaying the wireless charging pop-up notification

With More Than 8W of Power, LG’s Latest V30 Delivers the
Fastest Wireless Charging Experience in a Smartphone

SAN JOSE, CALIF., Nov. 6, 2017 — LG Electronics (LG) and Integrated Device Technology, Inc. (IDT) have partnered on the world’s first implementation of Qi wireless charging Extended Power Profile (EPP) in a flagship smartphone, the LG V30. EPP enables safe, wireless fast charging capability while remaining compatible with existing Wireless Power Consortium (WPC), Qi 5W, baseline transmitters commonly used today.

IDT’s market-leading wireless power chips are designed to provide fast wireless charging by reducing charge times by up to 30 percent. The addition of the wireless charging feature contributes to the water-resistance and durability of the sleek, low profile, Qi certified smartphone design.

LG’s latest flagship sets a new standard in the evolution of premium smartphones with its offering of optimal multimedia capabilities. The V30 features many industry innovations – the first F1.6 aperture glass Crystal Clear Lens, the first OLED FullVision display, Cine Video mode for producing movie-quality videos, premium sound with advanced Hi-Fi Quad DAC and sound tuning by B&O PLAY.

“With the introduction of the V30, LG has cemented their position as a technology leader in wireless power with the adoption of fast charging based on the extended Qi specification,” said Chris Stephens, general manager of IDT’s Mobile Power and Sensing Division. “We anticipate that the industry will follow LG’s pioneering adoption of the Extended Power Profile specification to increase wireless charging speed.”

The IDT wireless power receiver offers best-in-industry integration, efficiency, and solution area. The device is based on a flexible 32-bit ARM^® M0 core architecture that has allowed LG to optimize wireless charging performance and charging speed.

“We’re again partnering with IDT on the V30 because their technology is second to none when it comes to fast, convenient wireless charging, which is a key feature for many of our premium phone customers,” said Ha Jeung-uk, vice president and head of LG Mobile’s premium business division. “The ability to charge wirelessly 30 percent faster than before gives the V30 a huge advantage over the competition.”

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©2017, Integrated Device Technology, Inc. IDT and the IDT logo are trademarks or registered trademarks of Integrated Device Technology, Inc., and its worldwide subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

LG V30 AS KINETIC ART: REAL OR CGI?

Screenshots taken from a video about LG Electronics’ collaboration with artist Michael Murphy to show off the LG V30’s rich multimedia capabilities using kinetic art

Acclaimed Artist Michael Murphy Interprets
LG’s Latest Flagship Using Different Perspectives

SEOUL, Oct. 31, 2017 — LG Electronics (LG) and artist Michael Murphy have teamed up to communicate the rich multimedia capabilities of the new LG V30 smartphone using kinetic art.

Kinetic art relies on motion to create an effect. But the art doesn’t actually move, the viewer does. When viewed from a different angle, the artwork transforms into something altogether different. It goes without saying that this field of art is immersive and is best experienced in person at exhibitions. For the millions of art lovers who cannot attend Murphy’s exhibit, his two works interpreting the V30 video and audio capabilities can be viewed in their full glory at https://goo.gl/SkkEVN and https://goo.gl/rq3cjX.

The LG V30 is a device that was designed for users who want to create, as well as consume, content. LG felt that kinetic art was an appropriate medium to communicate to fans of art and technology. And Michael Murphy was the perfect artisan to make the concept a reality.

From Brooklyn, New York, Murphy is best known for his 2007 portraits of then-U.S. Presidential Candidate Barack Obama, which was influential on the Art for Obama movement. He is a pioneer of Perceptual Art which uses multidimensional techniques to create three dimensional works of art. Murphy is the talent behind notable works such as Perceptual Shift and Gun Country, which resonated with audiences during a transitional time in the nation’s history.

“We want to spark the imagination of those with a creative sense by challenging them to think outside the traditional boundaries, as Michael Murphy does,” said Kim Su-young, head of marketing for LG Electronics Mobile Communications Company. “Showcasing products such as the V30 in creative new ways is the most effective way to communicate with our target audience of content creators.”

The LG V30 has earned accolades for offering the most powerful multimedia features among this year’s high-end smartphones. Some of these features include an F1.6 aperture Crystal Clear glass lens, dual cameras with a 120-degree wide angle lens and minimal edge distortion, Hi-Fi Quad DAC and sound tuning by audio experts at B&O PLAY.

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LG ELECTRONICS ANNOUNCES THIRD-QUARTER 2017 FINANCIAL RESULTS

A picture of LG Twin Towers in the daytime

Home Entertainment Achieves Record Profitability;
Home Appliances Report Strongest Third Quarter Revenues Ever

SEOUL, Oct. 26, 2017 ― LG Electronics Inc. (LG) today announced consolidated third-quarter 2017 revenues of KRW 15.22 trillion (USD 13.44 billion), an increase of more than 15 percent compared with the third quarter the previous year. All of LG’s four major business units reported higher revenues from the same period a year ago. Quarterly operating income of KRW 516.1 billion (USD 455.7 million) almost doubled from 2016, reflecting strong profitability in home entertainment and appliances despite the gloomy business environment resulting from increasing international trade concerns.

The LG Home Appliance & Air Solution Company once again accounted for the largest share of quarterly revenue with KRW 4.98 trillion (USD 4.4 billion), an increase of 16 percent from the same period last year, buoyed by strong sales in North America, Europe and Asia, particularly in the domestic market. Operating income of KRW 424.9 billion (USD 375.16 million) was 26 percent higher year-over-year. Demand for premium appliances in Europe, Latin America and Asia, especially Korea, is expected to remain strong in the fourth quarter.

The LG Home Entertainment Company reported its highest quarterly operating profit of KRW 458 billion (USD 404.39 million) and record high operating margin of 9.9 percent thanks to higher demand for premium TVs in the Americas and Asia. Sales improved 12 percent from the same period in 2016 to KRW 4.64 trillion (USD 4.09 billion). LG’s strategy to overcome volume competition by expanding the premium component of its TV business focusing on OLED and Ultra HD TVs is proving to be a success. Sales of OLED units by the end of the third quarter were equivalent to the total number of units sold in 2016 which was more than double the 2015 figure.

The LG Mobile Communications Company recorded revenues of KRW 2.81 trillion (USD 2.48 billion), an increase of 8 percent from a year ago and 4 percent higher than the previous quarter, primarily from sales of the flagship G6 smartphone as well as mass-tier models such as the Q and K series. An operating loss of KRW 375.3 billion (USD 331.37 million) was an improvement of 13 percent from the 2016 third quarter. Smartphone shipments of 13.7 million units were 44 percent higher than the second quarter in the domestic market and 9 percent higher in North America. The business unit will focus on driving increased sales of the well-reviewed V30 and improving cost competitiveness in the final quarter of the year.

The LG Vehicle Components Company achieved strong sales of KRW 873.4 billion (USD 771.2 million), up 29 percent from the third-quarter of 2016, while reporting an operating loss of KRW 29 billion (USD 25 million) in the quarter, reflecting continued investments in R&D and business development. Sales of infotainment products and electric vehicle (EV) components remained strong although slowing global automobile sales affected the business unit’s growth. An increase in EV production by major automobile manufacturers is expected to help grow the vehicle components business going forward.

2017 2Q Exchange Rates Explained

LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending September 30, 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 1,132.57 per USD.

Earnings Conference and Conference Call

LG Electronics will hold an English language conference call on October 27, 2017 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 October 26, 2017. 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 142870# when prompted.

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2017 LG OLED TVS FIRST TO OFFER DOLBY TRUEHD LOSSLESS SOUND

Four LG SIGNATURE OLED TV Ws displaying optimized colors on show at IFA 2017

With Dolby Technology, LG OLED TVs Render
Audio and Video Exactly as Intended by Original Producers

SEOUL, Oct. 19, 2017 — This year’s industry-leading OLED TVs from LG Electronics, the first to implement Dolby Atmos sound, will further enhance the audio experience for viewers with ground-breaking Dolby TrueHD lossless sound technology. The superior picture rendering capabilities of LG OLED TVs now offer a new audio dimension to create the ideal cinematic experience.

The lossless, uncompressed, technology will be delivered to 2017 LG OLED TV owners this month via an over-the-air firmware upgrade, giving owners amazing Dolby TrueHD sound that has already been adopted by 4K UHD Blu-ray content providers in the latest movie titles. All LG’s 2017 OLED TVs come with Dolby AC-4 decoding, which means that compatible LG TVs will be able to handle object-based next generation audio for immersive three-dimensional audio. And LG’s 2017 premium TVs are already Dolby Vision^™ compatible, enabling owners to enjoy more than 100 studio titles of on-demand streaming services with Dolby Vision support.

The latest update also includes Codec MAT (Metadata-enhanced Audio Transmission) support to enable Dolby TrueHD audio bit streaming on compatible 2017 LG OLED TVs when playing console games. And for customers who desire the ultimate experience, the maximum benefits of Dolby TrueHD can be enjoyed by streaming the content through a compatible soundbar to the TV.

“LG’s OLED TVs have become the de facto leader in the premium TV market and is the optimal platform for those seeking to experience content the way its original creators envisioned,” said Brian Kwon, president of the LG Electronics Home Entertainment Company. “With Dolby’s audio and visual technologies, LG continues to deliver an enhanced experience that pushes the boundaries of home TV viewing.”

LG 2017 OLED TV owners can also enjoy the combined Dolby Vision and Dolby Atmos experience via the dedicated built-in Dolby Access App available in key markets, with ten more countries to b

LG and Qualcomm to Jointly Research and Develop Next-Gen Connectivity Solutions for Cars

Kim Jin-yong, executive vice president of LG’s Vehicle Components Smart Business Unit, shake hands with Nakul Duggal, vice president of product management at Qualcomm Technologies, Inc, to celebrate the new agreement

Companies to Cooperate on 5G, Cellular Vehicle-to-Everything Technologies

SEOUL, Oct. 19, 2017 — LG Electronics (LG) announced that it is teaming up with Qualcomm to jointly develop a range of next-generation connected car solutions. The two companies will also establish a joint research center in South Korea to develop 5G for vehicle and C-V2X (Cellular Vehicle-to-Everything) technologies essential to the success of next-generation autonomous vehicles.

As respective leaders in mobile innovation, LG and Qualcomm are bringing decades of R&D experience to the partnership, including knowledge of 5G mobile technology. 5G is vital to the deployment of a fully connected car platform. With connection speeds of up to 5 times faster with 10 times lower latency than the fastest LTE technology, 5G will be able to deliver data at the speeds necessary in a real life driving situation.

C-V2X, which is included in 3GPP (Third Generation Partnership Project) Release 14, delivers double the operation time at a lower cost than DSRC (Dedicated Short Range Communications) over existing mobile communication networks. In parts of Europe and Asia, field tests and standardization activities are already being conducted with rollout by 2020 in mind. A pioneer in V2X innovations, LG Electronics has been the industry leader in the fast-growing telematics market since 2013.

“LG plans to lead the next-generation vehicle components market by combining our experience in automotive communication technologies with Qualcomm’s advanced connected solutions from LTE to 5G,” said Kim Jin-yong, executive vice president of LG’s Vehicle Components Smart Business Unit. “We are optimistic that the combined research strength of Qualcomm and LG will yield benefits that would not be feasible working independently.”

“Building on our long-standing relationship with LG, this effort to advance C-V2X technology further demonstrates our continued commitment to the development of advanced solutions for safe, connected and increasingly autonomous vehicles,” said Nakul Duggal, vice president of product management, Qualcomm Technologies, Inc. “With the automotive industry on a clear path to 5G, we look forward to working together with LG to meet the demands of today’s drivers and advance the commercialization of C-V2X technology in next-gen vehicles.”

The collaboration will be based out of LG Electronics’ Science Park in Seoul. The two companies will begin working together effective immediately.

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LG RELEASES PRELIMINARY EARNINGS FOR THIRD-QUARTER 2017

SEOUL, Oct. 10, 2017 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the third quarter of 2017.

Tentative consolidated revenues for the third quarter of 2017 is nearly KRW 15.2 trillion with an operating profit of KRW 516.1 billion. Revenues are expected to be 15.2 percent higher with operating profit 82.2 percent higher than the same period the year prior.

(Unit: KRW bn)

	2017 3Q	2017 2Q	QoQ (%)	2016 3Q	YoY (%)
SALES	15,227.9	14,551.4	4.6%	13,224.3	15.2%
OPERATING INCOME (Loss)	516.1	664.1	– 22.3%	283.2	82.2%

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

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LG EXPANDS GOOGLE ASSISTANT CAPABILITIES ACROSS EXTENSIVE SMART APPLIANCE PORTFOLIO

Nearly 90 LG Smart Appliances Deliver Simple,
Convenient, Future-Ready Connected Home Experience

SEOUL, Sep. 26, 2017 — Driving home its commitment to future-ready open platforms for smart appliances, LG today announced that 87 Wi-Fi connected LG smart home appliances – including washing machines and dryers, refrigerators, ovens, dishwashers, vacuums, air purifiers and more – are now compatible with the Google Assistant on Google Home, eligible Android phones and iOS smartphones.

With the industry’s extensive range of smart appliances available today, LG Electronics is offering consumers more ways to control their home and enjoy the benefits of a connected home experience, ushering in cutting-edge connectivity and convenience and expanding the Google Assistant compatibility and functionality for LG smart appliances announced earlier this spring.

Voice-enabled Control with the Google Assistant

LG smart appliance owners can now have the Google Assistant help them around the house with their connected LG appliances, all hands free. For example, they can use simple voice commands on their phone or anywhere within range of the Assistant on Google Home to check the time remaining during wash cycles on their washing machine, tell their LG refrigerator to make more ice, turn off their range after cooking, adjust thermostat settings on their LG air conditioner and even check the air quality level in the home using their LG air purifier. The Assistant on Google Home can also distinguish one voice from another so it can be personal to each family member.

Simple Set Up with One Centralized App: LG SmartThinQ^®

Setup is simple and convenient with the free LG SmartThinQ app, available for Android or iOS. With just one app, users will be able to control the entire lineup of LG smart appliances. Whether it’s preheating the oven on the way home from work or checking the remaining laundry time while at the gym, LG makes managing smart appliances easy.

Smart Gets Even Smarter with Adaptive Learning

Taking connected convenience further, LG SmartThinQ learns more about a consumer’s usage patterns and helps predict their needs. The more a consumer uses LG smart appliances, the smarter the appliances get. By using adaptive technology to interpret usage habits and data, LG smart appliance will know when to alert owners to order filter refills for the refrigerator or air purifier and it can troubleshoot lint build-up in the dryer – all through the LG SmartThinQ app.

“LG makes it especially easy for consumers to connect and interact with Wi-Fi built into virtually all of its 2017 appliances,” said Song Dae-hyun, president of LG’s Home Appliance & Air Solution Company. “Our collaboration with Google is an example of our strategy of Open Partnership, Open Platform, and Open Connectivity.”

In addition to Google, LG’s Open Partnerships include others such as Amazon to meet the needs and preferences of smart home adopters.

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LG Newsroom