LG AND SES TO DEMONSTRATE 4K HIGH FRAME RATE TECHNOLOGY AT SES INDUSTRY DAYS

LG OLED TV’s cutting-edge 4K High Frame Rate (HFR) showcased at the tenth SES Industry Days conference in Luxembourg, in collaboration with SES.

Next-Generation Feature of Ultra HD to be Transmitted Live on
LG OLED TV via ASTRA Satellite

LUXEMBOURG, May 16, 2017 — SES and LG Electronics (LG) will demonstrate OLED TV’s cutting-edge 4K High Frame Rate (HFR) broadcast at the tenth SES Industry Days conference in Luxembourg, on 16 and 17 May. The 4K HFR content will be transmitted live via an ASTRA satellite at 19.2 degrees East and displayed on LG’s OLED TV using a prototype HFR software. This demonstration will offer visitors the opportunity to experience the highly improved image quality of next generation 4K HFR broadcast content.

HFR is a new broadcast technology that enhances the quality of 4K Ultra HD images by increasing frames per second (FPS) up to 120, the maximum for broadcast content, compared to most current content which typically supports 50 FPS content. The enhanced FPS rate is particularly beneficial to feature fast action such as sports with lifelike, highly fluid images, while eliminating motion-related picture degradation found on conventional TVs such as motion blur and judder.

In addition to display manufacturers, global broadcasters and content providers are also preparing for the launch of the second phase of Ultra HD using the DVB UHD-1 Phase 2 specification, which features 4K HFR technology. The UHD-1 Phase 2 standard includes other cutting-edge technologies such as High Dynamic Range (HDR) and Next-generation Audio (NGA).

“We are very excited to demonstrate just how effective LG’s OLED TV is as a platform for 4K HFR and other high grade content,” said Sam Kim, senior vice president and head of TV product planning at the LG Home Entertainment Company. “LG is committed to offering consumers around the world the latest in TV technologies and High Frame Rate on OLED TVs must be seen to be believed. Watching 4K HFR content on an OLED TV as it’s being transmitted in real time by ASTRA’s satellite is a great example of pushing the limits of current TV technologies.”

“SES has been steadily pushing forward development of Ultra HD and the Industry Days event has always been an excellent platform to showcase new TV technology,” said Thomas Wrede, vice president New Technology & Standards at SES. “High frame rate will be an important step towards further enhancing the quality of Ultra HD satellite transmissions, in particular for sports and reality TV events. Our continued partnership with LG Electronics is important in setting the broadcast standards of tomorrow and for pioneering future TV technologies and we are very pleased to work with LG Electronics on such an important milestone.”

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LG G6

LG X POWER2 MAKES ITS WAY TO MARKETS AROUND THE GLOBE

The front and back view of the LG X power2, forming an X shape

Featuring a 4,500mAh Battery, LG’s Largest,
for Hours of Smartphone Entertainment and Productivity

SEOUL, May 9, 2017 — LG Electronics (LG) begins rolling out its LG X power2 ¹ smartphone this month in markets around the world starting in North America followed by key target markets in Asia, Europe, Latin America and other regions.

The LG X power2 is a mass-tier phone targeting heavy-duty users who are in the market for a competitively priced device with a large display, advanced camera features and long battery life. With a long-lasting 4,500mAh battery, the LG X power2 is perfect for users who enjoy watching movies and video content on their phones, playing games or just getting things done.

The fast charging battery in the LG X power2 is designed to last an entire weekend before requiring recharging. At full charge, it can handle 26 hours of talk time, 18 hours of video viewing or 19 hours of web browsing 2. Its generous 5.5-inch HD In-cell Touch display with 1,280 x 720 resolution offers an immersive viewing experience with rich, vibrant colors.

With a 5MP wide angle camera up front, users can easily take wefies of a large group while LG’s smart UX includes Auto Shot and Gesture Interval Shot which simplify taking selfies by triggering the shutter as soon as a face or hand gesture is detected. What’s more, posting a favorite image is just one tap away with Quick Share. On the back, the 13MP primary camera features Zero Shutter Lag for quick, delay-free shots. And the soft LED flash lets shooters capture images in low light without the harshness of many other smartphone cameras.

“The LG X power2 was designed to meet the demands of users who want maximum usage from their smartphones between charges and many of the advanced features found on our flagship devices,” said Juno Cho, president of LG Electronics Mobile Communications Company. “The combination of outstanding battery life, spacious display and exceptional camera capabilities made the first X power a popular proposition for millions and we expect the newest iteration of the X power series to be even more attractive.”

Pricing and exact date of availability will be announced locally in each market.

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¹Name will differ in some markets.

²Based on internal estimates. Battery life may vary according to network conditions and other usage factors.

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LG WEBOS 3.5 SMART TV PLATFORM EARNS COMMON CRITERIA CERTIFICATION FOR SECURITY EXCELLENCE

Latest Smart TV Platform Earns Prestigious CC International Security Certification
for its Ability to Provide Superior Privacy Protection

SEOUL, May 8, 2017 — LG’s webOS 3.5 smart TV platform was recognized with a Common Criteria (CC) certification for its enhanced Application Security Solution Version 1.0 software. By snagging another internationally-recognized security certification, LG continues to demonstrate that its smart TVs are among the strongest when it comes to smart TV security. The recognition comes at a time when consumers are increasingly concerned about the potential of privacy breaches on their Internet-connected devices.

Security Manager, the webOS 3.5 security software module, was tested in accordance with Common Criteria’s rigid benchmarks. CC’s internationally-recognized ISO/IEC 15408 standards are used by governments, banks, and other organizations to assess the security capabilities of individual products including 27 member countries from around the world including Australia, France, Japan, Korea and the United States.^* The test examined three phases of smart TV security : application installation protection, application execution protection and application content protection with digital rights management (DRM) encryption.

LG webOS 3.5 provides excellent application installation protection and blocks the installation of unauthorized apps by conducting a rigorous digital signature verification process. The LG App Store server oversees the digital signature generation process to ensure that webOS 3.5 installs applications downloaded only from the LG App Store. LG webOS 3.5 also delivers protection depending on the type of application – platform apps (also known as native apps) or web apps. For native apps, webOS 3.5 implements sandboxing technology according to each application’s security attributes to block access to unauthorized system directories/files, device files and other data. LG webOS 3.5 allows web applications to use only approved application programming interfaces (API) to prevent these web apps from directly accessing sensitive information in the file system. In addition, the latest webOS offers a powerful DRM license verification process designed to decrypt the encrypted content inside RAM (random-access memory) and to create a clean backup of encrypted content in flash memory.

“We have taken every possible step to ensure that webOS 3.5 offers excellent application protection and the highest level of privacy security,” said J.H. Hwang, senior vice president and head of R&D at LG’s Home Entertainment Company. “Consistent with customers’ concerns over product security issues, we have enhanced the security of our smart TV platform. Certification by Common Criteria confirms that we’re on the right track when it comes to customer privacy and data protection.”

* More information about CC standards is available at https://www.commoncriteriaportal.org.

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LG ANNOUNCES FIRST-QUARTER 2017 FINANCIAL RESULTS

A picture of LG Twin Towers in the daytime

LG Electronics Sees 10 Percent Jump in Sales and Highest Operating Income Since 2009

SEOUL, Apr. 27, 2017 ― LG Electronics Inc. (LG) today announced first-quarter 2017 revenue of KRW 14.66 trillion (USD 12.70 billion), an increase of 9.7 percent from the same period last year. LG nearly doubled its operating income to KRW 921.5 billion (USD 798.3 million) with the Home Appliance & Air Solutions Company posting its highest quarterly operating income in eight years.

LG Home Appliance & Air Solution Company reported a 10 percent increase in first-quarter sales from the same period a year earlier and 15 percent higher than the previous quarter. Revenues of KRW 4.64 trillion (USD 4.02 billion) reflected strong performance in Asia and Latin America. Domestic sales were 33 percent higher year-over-year due to strong performance by TWINWash washing machines, air conditioners and some refrigerators, as well as the company’s newest premium LG Styler clothes management system and air purifiers. As LG enters the peak season, the company foresees an improvement in the business environment across much of Asia and Latin America, two key growth markets.

LG Home Entertainment Company recorded its highest first-quarter operating margin of 8.8 percent on sales of KRW 4.33 trillion (USD 3.75 billion), largely due to expanding sales of premium products, improved cost structure and a more flexible strategy to deal with the increase in panel prices. The company expects TV demand in the next quarter to remain positive due to opportunities in North America, Latin America and Asia, led by the growing popularity of premium LG OLED and Ultra HD TV products and the rollout of the new LG SIGNATURE OLED TV W.

LG Mobile Communications Company reported revenues of KRW 3.01 trillion (USD 2.61 billion), an increase of 4 percent quarter-over-quarter and 2 percent year-over-year, driven by the launch of the flagship LG G6 smartphone and new mass-tier models. The company reported smartphone shipments of 14.8 million units this quarter, up 10 percent from the first quarter of last year in large part due to the Americas. While effects of last year’s reorganization are beginning to bear fruit, price competition in the mass-tier segment and competition from other flagship models are expected to increase this year.

LG Vehicle Components Company reported strong sales of KRW 876.4 billion (USD 759.2 million), a 48 percent increase from the first quarter of 2016 thanks in large part to the successful collaboration with General Motors on the popular Bolt electronic vehicle. Continued investments in R&D and growth are expected to continue to affect profitability this year.

2017 1Q Exchange Rates Explained

LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending March 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 1,154.32 per USD.

Earnings Conference and Conference Call

LG Electronics will hold an English language conference call on April 28, 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 April 27, 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 142850# when prompted.

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LG BEGINS ANDROID WEAR 2.0 UPDATE FOR LG G WATCH R, WATCH URBANE, AND WATCH URBANE 2ND EDITION

Four models from LG’s smart watch lineup with message announcing availability of Android Wear 2.0 update

Three LG’s smartwatches: G Watch R, Watch Urbane and Watch Urbane 2^nd Edition have begun update to the Google’s latest smartwatch OS, Android Wear 2.0 sequentially. While Android Wear 2.0 was rolled out to the LG G Watch R and LG Watch Urbane from last week, Watch Urbane 2^nd Edition expects to be updated in the beginning of May.

All three wearable devices will now come with pre-installed Android Wear 2.0 App store that will allow users to download apps directly from the on-watch Google Play Store. In addition, these devices will have the new OS features like an improved user interface, enhanced messaging, and the Google Assistant built-in.

Android Pay will be supported on Watch Urbane 2^nd Edition which is the only device to have NFC technology among the three smartwatches. (Android Pay is not available in all countries.)

LG AND TOKUJIN YOSHIOKA TAKE TOP AWARD AT MILANO DESIGN WEEK 2017

TOKUJIN YOSHIOKA and the team celebrate their exhibition, “TOKUJIN YOSHIOKA x LG: S.F_Senses of the Future,” winning the top prize at Milano Design Award 2017.

Exhibition “TOKUJIN YOSHIOKA x LG: S.F_Senses of the Future”
Recognized by International Jury of Peers at World’s Largest Design Event

MILAN, Apr. 7, 2017 — LG and world-renowned designer Tokujin Yoshioka took the top prize at Milano Design Award 2017 for the collaborative art installation, TOKUJIN YOSHIOKA x LG: S.F_Senses of the Future. The large-scale light installation was praised by Milan Design Week’s judging panel for its “ability to synthesize the conceptual, technological, narrative and emotional aspects in one single project.” The installation is on exhibit until 9 April at Superstudio Più in Milan.

TOKUJIN YOSHIOKA x LG: S.F_Senses of the Future combines LG’s cutting-edge technology with Tokujin Yoshioka’s groundbreaking experimental designs to illustrate humanity’s relationship with the natural world and to illuminate LG’s human-centric design philosophy. The exhibition consists of two parts, S.F chairs alongside Wall of the Sun, and artfully taps into the innovative properties of LG’s OLED display and lighting technologies.

“This is a tremendous honor for us as we are immensely proud of the exhibit we designed for Milano Design Week this year,” said Tokujin Yoshioka. “The collaboration with LG and their unique technology was a special experience for me and this recognition make the effort that much more rewarding.”

“As the center of the design world, hundreds of thousands of design enthusiasts visit Milan every year looking for upcoming trends and we are extremely proud to be a part of that narrative,” said Noh Chang-ho, head of corporate design at LG Electronics. “To receive this honor in the design capital of the world is humbling and truly rewarding.”

More information on TOKUJIN YOSHIOKA x LG: S.F_Senses of the Future can be found at www.LGnewsroom.com/SF.

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LG RELEASES PRELIMINARY EARNINGS FOR FIRST-QUARTER 2017

SEOUL, Apr. 7, 2017 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2017.
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Tentative consolidated revenues for the first quarter of 2017 is KRW 14.7 trillion and operating profit is KRW 921.5 billion. Revenues are expected to be 9.7 percent higher and operating profit 82.4 percent higher than the same period the year prior

(Unit: KRW bn)

	2017 1Q	2016 4Q	QoQ (%)	2016 1Q	YoY (%)
SALES	14,660.5	14,777.7	-0.8	13,362.1	9.7
OPERATING PROFIT	921.5	-35.2	N/A	505.2	82.4

These figures are the tentative consolidated earnings based on K-IFRS. This tentative earnings 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 COMMENCES GLOBAL ROLLOUT OF HIGHLY ANTICIPATED, HIGHLY PRAISED G6

A man holds the LG G6 in Ice Platinum against the New York skyline, showing off the back side of the device

First Global Flagship Smartphone to Ship in 2017, Featuring
FullVision Display, Solid Metal Build and One-handed Usability

SEOUL, Apr. 6, 2017 — Following the initial rollout in its home country of South Korea, LG Electronics (LG) announced the commencement of shipment of its highly praised LG G6 smartphone to international markets this week, including key countries in North America, Asia, Europe, Central and South Americas over the course of the next several weeks. Nearly 200 carriers and operators worldwide will be making the LG G6 available to their local customers.

The LG G6 received many positive reactions at Mobile World Congress 2017 earlier this year, winning an unprecedented 36 awards from various industry publications. With a design based on delivering what everyday consumers wanted from their smartphones, the G6 features an unprecedented 5.7-inch display in a compact 5.2-inch body with minimal bezels for convenient one-handed operation without sacrificing screen real estate. With an immersive FullVision display that supports both Dolby Vision and HDR10, the LG G6 is compatible with more HDR content than any smartphone currently available. And the unique 18:9 screen aspect ratio of the FullVision display allows the screen to be divided into two identical perfect squares, ideal for multi-tasking with the G6’s camera UX, which was developed with social media users in mind.

For many customers, LG’s reputation and heritage of excellence in smartphone photography is what separates its phones from the competition. LG takes photography to the next level once again with a wide angle front-facing camera to complement the wide angle dual camera setup on the rear. The 125-degree lens on the back delivers crisp, panoramic image with less edge distortion than before and switching between the wide and standard lenses is smooth and seamless. And the 5MP 100-degree field of view front camera allows for large group shots without the need to tote around a cumbersome selfie stick.

Sculpted from a blend of high quality metal and smooth glass, the LG G6 is a minimalist’s dream. But the aesthetic beauty doesn’t sacrifice durability, as the phone’s rounded edges provide optimal impact resistance. Protection from the elements is guaranteed as the LG G6 meets the IP68 standard for water and dust resistance. And with Google Assistant available right out of the box, useful information is never far away.

Moreover, the LG G6 has the distinction of having met and passed the MIL-STD 810G standard for durability, conducted by independent testing and certification firm MET (Maryland Electrical Testing) Laboratories. The G6 passed the following 14 tests, the most categories among smartphones tested: Low Temperature, High Temperature, Humidity, Vibration, Solar Radiation, Low Pressure, Sand and Dust, Immersion, Temperature Shock, Salt Fog and Rain. Tough enough to be carried on actual military drills and missions, customers of the LG G6 have one less thing they need to worry about.

“The initial reaction and feedback to the G6 has exceeded our expectations by far,” said Juno Cho, president of LG Electronics Mobile Communications Company. “We had a lot of ground to make up with the G series and what we learned from consumers in the past year has truly been inspiring and illuminating.”

Prices and exact dates of availability will be announced locally in each market at the time of launch.

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[VIDEO] MDW 2017: MAKING

https://vimeo.com/211687078

[VIDEO] SENSES OF THE FUTURE AT MILANO DESIGN WEEK 2017

https://vimeo.com/211642714

STUDENTS BRING FRESH PERSPECTIVE ON INNOVATION IN LG’S HR GARAGE PROGRAM

International students participating in LG’s HR Garage Program sit for a group photo

Although Amazon, Google and Disney are some of the most dominant companies in their respective industries, each traces its origin to a great idea, dedicated friends and a spare garage. While each of these firms now operates from within sleek, ultramodern campuses, each traces its drive and vision back to the garages that they were founded in. Because most houses in Korea lack garages, LG Electronics has provided its HR Garage competition as a vital proving ground for the next generation of business solutions from students at the country’s elite universities.

Held from March 31 – April 1 at LG Digital Park in Pyeongtaek, Korea, HR Garage was LG’s innovative contribution to the B2B landscape of the future. Featuring international students from Seoul National University, Yonsei University, Korea University, Sungkyungkwan University and Pusan National University, participants were encouraged to “think big” in order to find global solutions for today’s biggest problems.

LG launched an engaging social media campaign to connect with the more than 100,000 international students in Korea. These participants were asked for their input on how best to create an appealing organization for future Generation Z employees born after 2000.

The 16 students on the four finalist teams participated in a two-day Grand Final event at LG’s Corporate Learning Center in Pyeongtaek. Each team pitched their proposal to a panel of judges who appraised their proposals based on their feasibility, innovation and insight as well as the quality of the team’s analysis and overall presentation.

Ultimately, the proposal submitted by the team “Nutz n Boltz” from Yonsei University’s Global MBA program was selected as the most innovative and insightful, winning LG prizes in addition to the opportunity to have their idea implemented across the globe. In his closing keynote speech, LG Global HR corporate vice president Oliver Grohmann thanked all participants for their innovative thinking and creativity.

“Organizations like LG need to listen to intelligent, tech-savvy and creative thinkers from the next generation,” said Oliver Grohmann, corporate vice president of Global HR at LG. “This event doesn’t stop here. We look forward to hearing more and more great ideas from the future of our global workforce. Life’s good when we bring outside ideas in.”

“It was a great experience to participate in such a unique case competition,” said Nutz n Bolts team member Melinda Neal, a student from the United States. Yonsei University student and winner Carlos Salazar of Peru added that the event not only provided an opportunity to share his ideas but also sparked an interest in the B2B industry. Liu Yao, a Chinese student at Seoul National University, said the two-day competition was a great opportunity to meet talented students from all over the world and to experience what it would be like to work for an international organization. “Well organized, efficient and meaningful. I really appreciate LG for providing this valuable opportunity,” she added.

By embracing the next generation of dynamic B2B business solutions from students and other outside-the-box thinkers, LG is demonstrating its commitment to finding radical approaches that will allow the company to continue growing in today’s increasingly competitive market.