LG ELECTRONICS EARNS CES 2018 BEST TV PRODUCT HONORS FOR LG AI OLED TV
Global Leader and Technology Innovator Receives Over 90 CES Awards
Across Home Appliance, Home Entertainment and Mobile Categories
SEOUL, Jan. 16, 2018 — LG Electronics (LG) was honored with more than 90 awards at CES® 2018, led by the Official CES Best TV Product Award for the fourth consecutive year, this time for the new LG AI OLED TV (model C8). LG also earned numerous best-of-show honors for the LG InstaView ThinQ™ Refrigerator and LG 4K UHD Projector.
LG received top accolades from Engadget, The Verge, Digital Trends, Mashable, SlashGear, TechRadar, Pocket-lint, T3, Stuff Magazine and others in addition to 19 CES Innovation Awards from the Consumer Technology Association – including the Best of Innovation Award for the LG 4K UHD Projector – across home appliance, home entertainment and mobile communications categories.
LG’s 2018 innovations unveiled at CES include home appliances and home entertainment products with LG ThinQ AI including the first TVs with the Google Assistant built-in, most notably the LG SIGNATURE AI OLED TV W8 featuring ThinQ which won more than 10 awards at CES. The LG InstaView ThinQ Refrigerator followed in award wins, offering a streamlined food management system through LG’s webOS platform and Amazon Alexa integration that makes shopping for groceries, playing music, checking the weather, managing your calendar and more, simple. LG also debuted the revolutionary new α (Alpha) 9 intelligent processor that further enhances performance of its flagship LG AI OLED TVs and revealed the outstanding LG V30 smartphone in a brilliant new Raspberry Rose color.
Top awards earned by LG at CES 2018 include:
LG AI OLED TV C8: Engadget: Best of CES – Best TV Product / Reviewed.com: CES Editors’ Choice Awards
LG SIGNATURE AI OLED TV W8 with ThinQ / α (Alpha) 9 Processor: Consumer Technology Association 2018 CES Innovation Awards: Video Displays / Pocket-lint: Best TVs of CES / Techlicious CES Top Picks / TechRadar: The Best Tech at the Show / TWICE: Picks Awards
LG InstaView ThinQ Refrigerator: BGR: Best of CES / Consumer Technology Association 2018 CES Innovation Awards: Home Appliance / Gadgetmatch: Best of CES / Gear Diary: Best of CES / Reviewed.com: CES Editors’ Choice Awards / TWICE: Picks Awards
LG 4K UHD Projector: 9 to 5 Toys: Best of CES / Consumer Technology Association: 2018 CES Innovation Awards – Best of Innovation / TWICE: Top Picks Awards
LG 34-inch 5K UltraWide Monitor: MacRumors: CES 2018 – Best of CES Unveiled / SlashGear: Best of CES / The Verge: Awards at CES
LG V30 Smartphone: Consumer Technology Association 2018 CES Innovation Awards: Wireless Handsets and Accessories / Videomaker: Best Smartphone of CES
For a complete list of LG’s CES 2018 awards and accolades and additional information about LG’s products at CES please visit www.LGnewsroom.com/ces2018.
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[LG AT CES 2018] – AWARD PHOTOS
[LG AT CES 2018] – BOOTH SHOT 6
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LG OLED CANYON
[LG AT CES 2018] PRESS CONFERENCE HIGHLIGHTS
LG AI OLED TV
LG OLED CANYON WOWS CES ATTENDEES
Unique Immersive Installation Showcases Capabilities of
Customizable LG Open Frame OLED Commercial Displays
LAS VEGAS, Jan. 9, 2018 — A unique, immersive installation that leverages flexible, eye-popping commercial display technology from LG Electronics (LG), is wowing attendees at CES® 2018 here this week. The winding 90-foot-long LG OLED Canyon features 246 LG Open Frame OLED displays, in concave and convex configurations, giving tens of thousands of visitors a one-of-a-kind experience of natural wonders.
LG OLED technology uses self-lighting pixels for exact control of image brightness and image quality, and with no separate light source the displays are extremely lightweight, thin and flexible. Using this unique technology, LG Open Frame OLED displays for business-to-business applications are able to flex for a truly customizable approach that is both a work of art and functional digital signage.
Welcoming visitors to LG’s sprawling CES booth adjacent to the main entrance of the Las Vegas Convention Center, the LG OLED Canyon features 90 concave and 156 convex Open Frame screens. Visitors can walk through a 28m long twisting canyon trail and experience alluring images produced by a total of two billion self-emissive OLED pixels. The incredible video experience, featuring impactful natural wonders such as forest, glacier, waterfall, blizzard and others, is further enhanced by immersive Dolby Atmos audio, which also is included in 2018 LG OLED TVs for the consumer market.
LG OLED technology has created a new high-end category of displays that delivers an awe-inspiring picture with perfect blacks and incredible color, even from wide viewing angles, unlike any LCD and LED display. Thanks to OLED technology’s unique ability to turn each pixel on or completely off, LG OLED displays bring colors to life like never before while creating an infinite contrast.
Visitors to LG’s CES 2018 booth (Las Vegas Convention Center, Central Hall #11100) this week are able to experience the LG OLED Canyon firsthand.
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LG ENTERS DEEPTHINQ MODE TO ADVANCE AI PRODUCTS AND SERVICES
Proprietary Deep Learning Platform to Power Product Development
LAS VEGAS, Jan. 8, 2018 — LG Electronics is developing its proprietary deep learning-based artificial intelligence technology with the rollout of its own AI development tool to all LG business divisions in line with its efforts to speed up the release of new products equipped with the latest technology.
DeepThinQ 1.0 was developed last year with the establishment of LG’s Artificial Intelligence Lab in Korea to accelerate research into AI. The platform enables easy integration of AI into a wider range of products, allowing LG product developers to apply deep-learning technologies to future products. In line with the open strategy of its recently announced AI brand ThinQ, LG products developed with DeepThinQ – from mobile devices to home appliances – will deliver a comprehensive user experience by linking a host of technologies and solutions to its state-of-the-art AI platform.
DeepThinQ 1.0 boasts AI functions such as voice, video and sensor recognition and space and human body detection, developed with data gleaned from usage habits of LG customers over the years. DeepThinQ 1.0 was designed from the ground up with openness and diversification in mind, supporting a variety of operating platforms such as Android, Linux and webOS.
And with LG ThinQ, “live and learn” takes on a whole new meaning. Products developed on the DeepThinQ platform educate themselves using cloud servers to become smarter over time. This learning feature is at the heart of DeepThinQ, allowing LG AI products to understand not only their external environments but also the behavioral patterns of their customers. For example, LG ThinQ air conditioner learns customers’ living patterns over time and cools the room automatically to the temperature preferred by the occupant. In the car, LG’s cabin monitoring technology learns the driver’s facial expressions and gestures and recognizes the moment the driver starts to get drowsy. Eventually, ThinQ will be able to automatically adjust the music, lighting or climate inside the car by learning about the passengers who most often occupy the car.
DeepThinQ is already changing the way certain products targeting the commercial and consumer sectors are designed. LG’s Airport Guide Robots at Korea’s Incheon International Airport employs sophisticated ambient noise to improve voice recognition enabling passengers to be better understood. LG’s robot vacuum cleaner learns the difference between a chair and a dog and navigates accordingly.
“DeepThinQ is the embodiment of our open philosophy – to provide the most powerful AI solutions to our customers via a strategy of open platform, open partnership and open connectivity,” said Dr. I.P. Park, Chief Technology Officer at LG Electronics. “ThinQ will completely change the way consumers use our products because ThinQ products will learn about them to provide intelligent services, not the other way around.”
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LG RELEASES PRELIMINARY EARNINGS FOR FOURTH-QUARTER 2017
SEOUL, Jan. 8, 2018 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the fourth quarter of 2017.
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Tentative consolidated revenues for the fourth quarter of 2017 is nearly KRW 16.9 trillion with an operating profit of KRW 366.8 billion. Revenues are expected to be 14.8 percent higher with operating profit turning from a loss to a gain from the same quarter one year prior. Total annual sales of almost KRW 61.4 trillion is expected to be 10.9 percent higher year-over-year and operating profit of KRW 2.4 trillion will see an increase of 84.5 percent over 2016.
(Unit: KRW bn)
| 2017 4Q | 2016 4Q | YoY (%) | 2017 3Q | QoQ (%) | 2017 Total | 2016
Total |
YoY | |
| SALES | 16,969.7 | 14,777.8 | 14.8% | 15,224.1 | 11.5% | 61,402.4 | 55,367.0 |
10.9% |
| OPERATING INCOME (loss) | 366.8 | -35.2 | – | 516.1 | -28.9% | 2,468.5 | 1,337.8 | 84.5% |
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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