2023-02-21
Company’s New Cinema Screen Brand, LG Miraclass Leverages LED Technology to Take the Big Screen Viewing Experience to New Heights LG Miraclass installed at Odeon Multicines theater in Vilanova SEOUL, Feb. 9, 2023 — LG Electronics (LG) announced the launch of its new LED screen brand for cinemas, LG Miraclass. Ideal for theater operators eager to present moviegoers with new, premium services and immersive viewing experiences, LG’s latest lineup of LED screens delivers realistic images with natural colors and deep bla...
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2023-02-09
LG Electronics (LG) is presenting its cutting-edge digital signage solutions at Integrated Systems Europe (ISE) 2023, that is being held in Barcelona, Spain and started on January 31st and will continue until February 3rd. The company’s full range of display solutions – including Micro LED displays, Transparent OLED Signage, and LED displays – is exhibited across a number of digitalized spaces demonstrating use cases and applications for different industries, including retail, corporate, education and hospitality. Adopting the theme of L...
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2023-01-09
LG Display, the world’s leading innovator of display technologies, announced today that it will be showcasing cutting-edge automotive displays and solutions at CES 2023. Through these new innovations, the company will strengthen its leading position and shift more of its focus onto the automotive business, a strong future growth engine as well as a key contributor to its order-to- order business, while intensifying its competitiveness in the industry. LG Display will introduce cutting-edge automotive displays based on its key technologies such as P-OLED and...
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2023-01-04
With LG’s Latest TV Technology, Updated webOS and Enhanced Personalization Features, New LG OLED evo is Ready to Impress
LG Electronics (LG) unveiled its 2023 TV lineups, headlined by its most advanced range of OLED TVs yet. With premium self-lit picture quality, powerful image processing technologies and an enhanced webOS platform offering even more smart features and services, the company’s latest OLED TVs elevate the viewing experience as only LG OLED can.
A decade after introducing the world to the first-ever large-sc...
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2022-12-13
Boasting the Fastest OLED Performance of Any UltraGear Models, Company’s New 27-inch and 45-inch Monitors Deliver Next-level Gaming Immersion
SEOUL, Dec. 12, 2022 — LG Electronics (LG) is exhibiting its latest lineup of premium UltraGear™ OLED gaming monitors (models 27GR95QE and 45GR95QE) at CES 2023. The new UltraGear monitors demonstrate LG’s leadership in the fast-growing OLED category and its continuing strength in the global gaming display market.
Equipped with the world’s f...
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2022-11-02
Strong Demand for Premium LG Home Appliances and Auto Parts Drives Highest Quarterly Revenue in Company History
SEOUL, Oct. 28, 2022 — LG Electronics Inc. (LG) announced third-quarter 2022 consolidated revenues of KRW 21.2 trillion, an increase of 14.1 percent from the same quarter last year and the highest quarterly revenue in the history of LG Electronics. Operating profit for the third quarter was KRW 746.6 billion, 25.1 percent higher than the same quarter last year.
For the third quarter, the company recorded growth of revenues driven ...
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2022-10-07
SEOUL, Oct. 7, 2022 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the third quarter of 2022. LG reported revenues of KRW 21.2 trillion in the third quarter of 2022, 14 percent higher than the same quarter of the previous year. Operating profit for the third quarter was KRW 746.6 billion, expected to be 25 percent higher than the same quarter of the previous year. These figures are the tentative consolidated earnings based on K-IFRS provided as a service to investors prior to LG Electronics’ final earnings re...
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2022-05-12
SID Display Week 2022 was held between May 8 and May 13 in San Jose, California. During the annual event, leading players worldwide showcased their latest Micro LED display technologies and products, including Samsung, LG, AUO, Innolux, BOE and PlayNitride. The product applications shown included large-size displays, automotive displays, transparent displays, wearables and AR/VR headset displays. PlayNitride In response to the trend of Micro LED commercialization, PlayNitride presented its products in several categories at SID Display Week ...
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2022-02-23
Kicks Off Campaign to Promote Korea’s Second Largest City with Outdoor Video Push in New York City and London SEOUL, Feb. 21, 2022 — With the selection of the location for World Expo 2030 to be held next year, LG Electronics (LG) is taking the initiative of promoting Busan, South Korea as the perfect host for the global exhibition in 2030. Spearheaded by a promotional video airing on LG’s large outdoor displays in Times Square, New York City and Piccadilly Circus, London until the end of March, the campaign is part of a larg...
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2022-01-14
Advanced IVI System Boasts Pillar to Pillar
Touch Display for Seamless, Intuitive User Experience
SEOUL, Jan. 12, 2022 — LG Electronics’ (LG) newest premium in-vehicle infotainment (IVI) system will be a central feature in the 2022 Mercedes-Benz EQS EV sedan, the Pillar to Pillar (P2P) display built into the MBUX Hyperscreen that stretches across the entire width of the dashboard. With its unique interior concept and revolutionary human-machine interface, the first luxury electric vehicle from Mercedes-Benz AG highlights the ...
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2021-12-27
2022 LG Monitor Lineup Optimized for Professional Creative Work and Next Level Productivity for Totally Unique User Experience ENGLEWOOD CLIFFS, N.J., Dec. 21, 2021 /PRNewswire/ -- Designed to meet the needs of professional users world-over, LG's newest premium monitors for 2022 will make their debut at LG's CES 2022 virtual press conference on January 4. Both the LG UltraFine™ Display (model 32UQ85R) and LG DualUp Monitor (model 28MQ780) offer sleek and practical designs, enhanced connectivity and superior user exp...
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2021-10-21
Innovation Opens Up Opportunities for Micro LED Displays with Enhanced Picture Quality, Deeper Blacks and Customization Options
SEOUL, Oct. 13, 2021 — LG Electronics’ Micro LED technology has been named the recipient of the Presidential Award at the International Light Convergence EXPO 2021, which kicked off today in South Korea. LG developed a new application method by which the RGB chips are transferred directly on the Thin Film Transistor (TFT) glass backplane rather than the traditional printed circuit board, taking...
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2021-09-16
LG heads into the world of super-luxury residential homes with the release of its Direct-View LED technology for consumer use. The LG DVLED Extreme Home Cinema is different from typical LED televisions where they are actually LCD TVs with LED backlighting. A Direct View LED display creates the images directly by the LED for higher contrast, brightness, color gamut, and better viewing angles. Ranging from two million to 33 million diodes, depending on resolution, this 8K wall-sized television can be configured in 16:9 aspect sizes from 81-inches to 3...
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2021-08-11
LG’s VS Company is proud to announce its new Future Mobility website to actively communicate with global partners and interested consumers about its current business and future innovation. This new site is completely dedicated to mobility and focuses on LG’s innovative technologies and products related to the fast-growing segment of electric vehicles.
The new Future Mobility website introduces EV-related information selectively so that the company’s business partners can find related information more conve...
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2021-07-27
Photo Credit: LG
In the past 16 months, the face mask has become a necessity – as well as an accessory – worn by billions of people across the globe. While effective, it’s no secret that face masks worn for extended periods of time can get uncomfortable. They fog up eyeglasses, make your jaw sweat more and can restrict airflow when breathing hard, such as during exercise. LG engineers experienced in air purification technologies looked into the challenge of staying safe while minimizing the inconveniences of face masks and have come up with a new perso...
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2021-07-01
Features Exclusive Quantum Dot NanoCell Color Technology for Authentic Color Reproduction and Maximum Viewer Immersion ENGLEWOOD CLIFFS, N.J., June 30, 2021 /PRNewswire/ -- LG Electronics USA announced pricing and availability of its newest and most premium LCD TV lineup of QNED MiniLED TVs. Thanks to LG's state-of-the-art Quantum Dot NanoCell Color and MiniLED backlight technologies, the 2021 TVs deliver a stunning viewing experience with brilliantly bright colors and a higher contrast ratio for ...
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2021-06-07
The mobility landscape has been completely reshaped over the last few years with landmark achievements being made in electrification, connectivity and autonomous driving.1 With next-generation electric vehicles and intelligent driving fast approaching, LG Electronics also has been hard at work developing future-enabling technologies to accelerate the electric vehicle industry to the next level. Below, we take a look at some of those trends and LG’s response to them. Telematics, or vehicle connectivity, is poised to explode on the back ...
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2021-05-17
In this installment of On the Job, we put the spotlight on a few of the talented and creative individuals who make our products come alive. From dazzling nighttime displays on buildings to state-of-the-art screens in stadiums, LEDs are literally everywhere. LED, or light-emitting diode, has become the lighting technology of choice in cars, homes and consumer electronics. Recently a new form of LED has entered our lexicon and piqued the public’s interest because of its size, or lack thereof – Micro LED. It would be a serious understatement to s...
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2021-04-21
Since LG’s announcement to withdraw from the smartphone business, Vietnam’s production facility has become the topic of much speculation and rumors, given its role as LG’s largest smartphone production base. But the evolution and transformation of the Haiphong Campus is only just beginning with the future looking bright for Vietnam and LG’s local employees.
LG's Vietnamese employees assembling electronic appliances inside the company's Haiphong Campus.
“Exiting smartphone production here is part of LG’s plan to restruct...
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2021-04-09
LG Electronics officially announced on April 5th its exit from the smartphone business after years of drastic losses in the ferocious smartphone market.
In a particular statement, LG stated that it will continue selling its existing inventory, and the current equipment will receive constant after-sales support and software updates. LG expects to terminate its smartphone business prior to the end of July, though the company will continue on the R&D of relevant communication technology such as 6G so as to further enhance its competitiveness in other fields.
As pointed o...
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2020-09-11
LG officially launched its Micro LED signage solution, named “LG MAGNIT,” on September 10, which is the first Micro LED display product debuted by the company. LG is releasing the Micro LED display to the markets of the Americas, Europe, Asia and the Middle East.
(Image: LG)
LG has already included the Micro LED category including a few product details to its Business Solution webpage earlier this year as LEDinside covered in July. With the official launch, LG further updated several features of its Micro LED display.
L...
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2020-09-07
The market demands for disinfection have climbed significantly this year with the outbreak of COVID-19, leading to greater attention to UVC LED. In addition to surface and air disinfection, water purification is one of the major focuses of UVC LED manufacturers and home appliance brands.
Featured with compacted size and installation flexibility, UVC LEDs can be mounted at the outlet of water dispenser to ensure the safety of drinking water. Recently many home appliance brands have launched new products adopting the technology. LG presented its latest refrigera...
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2020-08-05
As the market is expecting Apple and Samsung to release products adopting Mini LED backlight display technology, companies of the supply chain are gearing up with increase production to meet the hiking demands. These big names are reportedly securing their LED chip supply from manufacturers in Taiwan, Korea and China.
(Image: Pixabay)
Samsung, who is likely to release Mini LED backlit TVs series in 2021, has been in talk with Episar, Lextar, Sanan and HC Semitek to make sure that its demands of 30 billion Mini LED chips for over 3 million TV units wou...
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2020-07-27
LG Electronics has added the category of Micro LED to its Business Solution website with its Micro LED display product available for inquiry. The Micro LED TV, named LSAB009 by the company, is a 163-inch 4K screen with a pixel pitch of 0.9mm based on COB technology.
(Image: LG)
The Micro LED TV of LG delivers a peak brightness of 1,200 nits and typical brightness of 600 nits. The peak contrast ratio achieves 100,000:1 and the max ratio 50,000:1. LG has yet announced the release date of the product but some source said it would start shipping i...
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2020-07-20
LG Electronics released its preliminary earnings results for the second quarter of 2020. The Korean company posted tentative consolidated revenue of KRW 12.8 trillion (US$ 10.64 billion) in the second quarter of 2020 with an operating profit of KRW 493.1 billion (US$ 409.77 billion).
(Image: LG)
Comparing to the number last year, LG said the sales of 2Q20 is expected to drop by 17.9% and operating income also decreased by 24.4% YoY. Comparing to the previous quarter, 2Q20 revenue would decrease by 13% and operating profit down by 54.76%.
In 1Q20, LG bro...
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2020-06-15
LG Electronics said on June 11 that its LED Cinema Display has been installed in Taiwan’s movie theater. It is the first commercialized LED Cinema Display of LG and the first LED theater display in Taiwan.
The display is 14 meters wide and seven meters high, supporting 4K resolution and installed in a 300-seat theater that is operated by Taiwan’s local cinema chain Showtime Cinema.
LG also works with audio tech company Dolby Laboratories to add surround sound to the display, offering an advanced experience with its LED Cinema Display.
...
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2020-06-11
LG Display announced that it will be leading Korean national project for developing stretchable displays, aiming to expand display applications in the era of IoT, 5G and self-driving car.
Selected by South Korea’s Ministry of Trade, Industry and Energy (MOTIE), LG Display will oversee the large-scale R&D project and lead a collective of 21 entities covering related companies, research institutes and universities. Jointly these parties will develop core technologies, materials, component and build up a robust ecosystem for Korea’s display technolog...
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2020-05-21
LG announced that it will move two of the six production lines in the Gumi factory in South Korea to its Indonesia facility in Cibitung in order to increase efficiency and capacity for TV production.
LG said it is expanding the TV business with the aim to “diversify its production footprint and step up capacity,” and moving TV production lines from South Korea to Indonesia is one of the strategies. The Korean company plans to turn its Cibitung facility in Indonesia into a new regional hub and expects the transformation to boost the efficiency of LG&rsqu...
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2020-05-18
LG is joining the business of LED cinema screen to compete against its rival Samsung, reported by Aju News, a Korea-based media. It was reported in April that LG has registered a trademark for LG LED Cinema on March 31, 2020, to prepare for related business. Under the trademark, LEG plans to release LED signage for theaters.
LG reported planned to release its cinema LED products at CinemaCon 2020 in Las Vegas, USA, but the event has been cancelled due to COVID-19. Nevertheless, as a proactively player in the display industry, LG has already i...
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2020-04-08
Korean electronics giants LG and Samsung both revealed their preliminary earning guidance for the first quarter of 2020 and the spreading coronavirus pandemic did not seem to impact much on their business.
LG Electronics reported tentative consolidated revenues of KRW 14.7 trillion (US$ 12.03 billion) and with an operating profit of KRW 1.1 trillion (US$ 899.8 million) for 1Q20. Compared to 1Q19, the sales was about 1.2% lower but the operating income increased by 21.1% on year.
Meanwhile, Samsung Electronics posted its 1Q20 earnings guidance with consolidated...
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