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LG OLED Brings Back the Works of Kim Whanki to New York in 50 Years with Frieze New York and the Korean Cultural Center New York SEOUL, May 3, 2024 — LG Electronics (LG) is delighted to present a unique opportunity to experience iconic works by the most beloved artist of South Korea, Kim Whanki (1913-1974), in partnership with Frieze New York and the Korean Cultural Center New York (KCCNY). A solo presentation of Kim Whanki, “We Meet Again in New York,” will be on view at the LG OLED Lounge at Frieze New York 2024, from May 1 to 5. At the same time, a special exhibition of the Korean master at KCCNY titled “Whanki in New York” will be on view from May 2 to June 13. The two presentations together mark the first public showing of Kim’s works in New York, 50 years after his passing in 1974. The Pioneer of Abstraction Finding His Voice in New York Kim is a pioneer of Korean abstract art and best known for his works that epitomize archetypal Korean aesthetics. His artistic pilgrimage – from Korea to Japan, France and ultimately America – has shaped his signature style of pure lyrical abstraction derived from nature, which had a profound influence on generations of abstract painters in Korea. He has been a highly sought-after name in the art market as his works make up nine of the top ten highest-priced artworks by modern Korean artists sold at auction, among which all were completed in New York in his signature “all-over dot” style. Presenting Kim’s works in New York holds immense significance because it was the city where he finally reached the epitome of his artistic identity with the conception of this unique “all-over dot” painting technique. It was the resulting mastery of the artist tirelessly experimenting with a multitude of materials, techniques and styles, aiming to achieve harmony in color and pattern while capturing the elegance of Asian ink paintings. He was inspired by memories from his homeland and the bustling New York art scene where he cavorted with American painters including Mark Rothko and Barnett Newman. In turn, he became an inspiration to the next generation of Korean American artists like Nam June Paik (1932-2006). New York was where Kim shot for the stars – he held a total of six solo exhibitions in the city in his lifetime with the last one presented a year before his passing in 1974. LG OLED Continuing the Celebration of Kim Whanki’s Legacy A total of five abstract masterpieces created during Kim Whanki’s New York period and digitally expressed by a new generation of artists today, will be on view at the LG OLED Lounge at Frieze New York 2024. The group of Korean multimedia artists – including Je Baak, professor at Seoul National University College of Fine Arts; Verseday, a media art creator group; Mano Ahn, CEO of Ahn Graphics; and Jason Kim, CEO of BESIGN – took tremendous care to understand the artist’s intention when he first created the artwork so that they could capture the essence of each piece. This approach revealed richer details and enhanced visual effects in lighting, colors and clarity enabled by LG’s self-lit OLED technology, while preserving Kim’s original artistic intentions. LG OLED, in its commitment to pushing art’s innovation and accessibility, is partnering with Frieze New York and KCCNY to bring these digital expressions of the legendary Korean master back to New York, the city that made the artist Kim Whanki. The concurrent retrospective exhibition of Kim Whanki at KCCNY, “Whanki in New York,” where LG OLED engages as the Headline Partner, provides more opportunities to catch a glimpse into Kim’s creative world. In addition to the five digital expressions of his works shown by LG OLED, 27 original artworks on loan from the Whanki Museum, including personal items such as diaries, photographs and letters, will be on view. And for the very first time, private collections from New York acquaintances of Kim and his wife will also be on display. “LG Electronics is proud to celebrate the legacy of Kim Whanki and present a unique opportunity for the global audience to engage closely with a legendary artist who has not been well known in New York until now,” says Kate Oh, vice president of the Brand Communication Division at the LG Home Entertainment Company. “Through our digital canvas, LG OLED and a new generation of artists have revived Kim’s artworks in unprecedented detail, offering an innovative tribute to his legacy.” LG continues to deliver enriching art world experiences, illustrating the close connection between art and technology through inspiring exhibitions and innovative artist collaborations. The digital artworks brought to life by LG OLED can be found on the OLED Art project website for art enthusiasts and fans around the world to enjoy them at their convenience. To follow the LG OLED ART journey, visit LGOLEDART.com. # # # View the full article

LG Smart TV Users Receive 3-Month Free Trial for Apple Music, Celebrating First Arrival of Apple Music’s Spatial Audio with Dolby Atmos Available on TVs SEOUL, May 2, 2024 — LG Electronics (LG) introduces a new and thrilling feature on its smart TVs for users who enjoy streaming music. LG Smart TVs, including OLED models and QNED models with Dolby Atmos®,1 are the first TVs to support Spatial Audio with Dolby Atmos from Apple Music. Available starting this week, the trailblazing immersive music experience mesmerizes listeners with compelling sound and elevates audio pleasure to new heights. To celebrate this remarkable milestone, LG is offering three months of Apple Music free to LG Smart TV users worldwide.2 The 3-month free trial is available within the Apple Music app of compatible LG Smart TVs (2018 models and later) running webOS 4.0 and higher, as well as lifestyle screen models StanbyME, StanbyME Go and MyView Smart Monitor. Apple Music is an ad-free streaming service with a massive library that allows subscribers to listen to over 100 million songs and 30,000 expertly curated playlists. Apple Music also presents a range of exclusive content including Apple Music Live, a concert series featuring live video stream, a post-show video playback, live-recorded albums and exclusive pre-show artist interviews. LG Smart TV users can effortlessly access Apple Music by voice command, in the LG Content Store, Apps or through the Music Quick Card3 on the Home Screen, which serves as a convenient portal to uninterrupted listening entertainment. Music available in Dolby Atmos further enriches the audio experience, delivering an elevated level of clarity and depth with multi-dimensional sound. Apple Music automatically plays Dolby Atmos tracks on compatible LG Smart TVs, and when paired with Dolby Atmos-enabled LG soundbar models, the sound harmonizes to immerse listeners in a next-level listening experience. What’s more, there’s no need to adjust the volume when you switch to listening Dolby Atmos tracks, thanks to the loudness normalization algorithm implemented. Even on LG Smart TVs not supported by Dolby Atmos, users can still enjoy mesmerizing sound of Dolby Atmos by connecting to a Dolby Atmos LG soundbar.4 LG Smart TVs can also directly connect to Apple AirPod or other Apple devices via Bluetooth to enjoy Dolby Atmos. Songs and albums available in Dolby Atmos are clearly labeled on Apple Music with a badge on the album’s detail page. Music lovers can easily explore their favorite tunes available in Dolby Atmos with Apple Music’s extensive range of curated playlists. “The introduction of Dolby Atmos through Apple Music on LG TVs transforms how we listen to music on the big screen,” said Chris Jo, senior vice-president of platform business at LG Home Entertainment Company. “LG is dedicated to elevating the content streaming experience for music enthusiasts around the world, and we will continue to offer easy access to and great music experience across devices.” LG continues to elevate the audio experience with immersive sound and a diverse range of content. LG Smart TV users can effortlessly help users discover new features and services through the easy-to-use webOS platform. # # # 1 Apple Spatial Audio with Dolby Atmos is available on LG OLED TV models launched from 2018 to 2024 and QNED TV models Q90T and above. 2 The promotion will commence in 137 markets on April 30, and on September 1 in the UK. The promotion will conclude in all markets on April 29, 2025. 3 Music Quick Card is available on LG 2022 TVs (4K and 8K OLED, QNED), 2023 and 2024 TV models (UHD and above models). 4 Feature is available when pairing to the Dolby Atmos-supported LG soundbar such as 2024 models: S95TR, S90TY, S90TR, S77TY, S75TR, S70TR, S70TY, TV matching models SG10TY, SC9S; 2023 models: SE6S, S77S or 2022 models: S95QR, S90QY, S80QR, S80QY, S75Q. View the full article

Milan Design Week, the world’s largest and most well-known design and furniture fair, is a mecca for the aesthetically-inclined. At this year’s event, the biennially-held EuroCucina exhibition put the spotlight on the latest trends in kitchen appliances and furnishings, with many of the industry’s major players taking part. A regular at Milan Design Week, LG delivered a stunning showcase of premium built-in kitchen appliances at a booth designed by GamFratesi, the acclaimed architecture and design studio co-founded by Italian Enrico Fratesi and Denmark’s Stine Gam. To highlight both the ultra-premium Signature Kitchen Suite and LG’s built-in appliance lineups, the diverse range of built-in products on display clearly reflected the company’s dedication to promoting an inspired culinary lifestyle centered around the joy of sharing and savoring quality food. “One particularly memorable episode during our collaboration with LG was the differentiation strategy for Signature Kitchen Suite and LG built-in appliances,” said GamFratesi. “This differentiation strategy was well reflected in the booth design.” The coming together of Signature Kitchen Suite’s True to Food philosophy – founded on the importance of preserving the original flavors of fresh ingredients – and GamFratesi’s design ethos revealed a new vision for kitchen design. LG’s emphasis on quality natural ingredients was echoed by the natural materials and design elements incorporated into the exhibition booth itself, which also reflected the impact of environment and culture on different cuisine traditions. GamFratesi’s subtle use of wood and stone accentuated the beauty of the natural world while simultaneously drawing attention to the connection we form with the planet when cooking and consuming real food. “The key points to pay attention to are the design of each island and the materials used,” noted GamFratesi. “Each island represents an independent piece of furniture that reflects our design aesthetic.” Within the booth’s Signature Kitchen Suite zones, GamFratesi complemented the built-in brand’s gorgeous kitchen appliances with natural materials and finishings. Each display kitchen represented a seamless harmony of appliances, cabinetry, counters and décor, highlighting the transformative power of design to create special sanctuaries that celebrate authentic cooking and nature’s beauty. Evocative, entertaining, yet entirely elegant, the Signature Kitchen Suite wine cellar zone made a lasting impression on visitors to LG’s booth. Here, GamFratesi drew inspiration from the wine-maturation process to craft a calm, almost-meditative space with a ‘cave-like’ sense of depth and a rich, atmospheric mood. Although the synergy between LG’s built-in appliances and GamFratesi’s kitchen designs is undeniable, the process of smoothly integrating the two for the Milan Design Week showcase was not without challenges. However, through the thoughtful and purposeful placement of appliances with distinct functionalities, and via the introduction of LG’s panel-ready concept, the two innovative companies achieved the ultimate union of form and function. The results, as one can see from the images, speak for themselves. Through the unprecedented fusion of design, technology and space, the compelling collaboration between LG and GamFratesi presented a new kind of value and a refined kitchen lifestyle. As demonstrated at Milan Design Week, and at other major exhibitions around the world, LG is committed to partnering with like-minded innovators who share its passion for pushing boundaries and elevating everyday life. Stay tuned to LG Newsroom for the latest stories and updates on LG’s exciting collaborations. # # # View the full article

It may be a software glitch or firmware problem. Since you've tried most basic measures, I have to recommend a reset factory, but that is too harsh, first contact the support team and see what they have to offer.

Hi I have an existing account with a VPN provider, https://airvpn.org/ using the Eddie API on Arch Linux systems. See https://tinyurl.com/yndlfgwh. My preference is to install that on the new LG TV I bought recently. Is that possible? If so, how?

My tv is acting strangely after there was a software update (sometime between April 10-15,2024) randomly turning off and on -- many times within a few minutes remote works some of the time or only certain buttons goes to a colored screen i.e. purple, yellow, light blue with no image just color sudden annoying continuous, high pitch sound like an alarm Checked and reset the cable box and called cable company. Unplugged and plugged tv back in. Change the HDMI input It is becoming very frustrating.

Across the world, the workplace has been undergoing a major transformation with more and more professionals choosing to work remotely each passing year. In 2020, before the onset of the global pandemic, 13 percent of the entire workforce worked from home. In 2023, that number had risen to a remarkable 27 percent, leading to the laptop market’s steady growth and an expected compound annual growth rate (CAGR) of 6.0 percent in 2024. Laptop consumption is expected to continue on this strong trajectory in the coming years.* To reinforce its foothold in this vital market, LG Taiwan recently held the LG gram 2024 Series Launch Event at Zhuori Coffee Shop in Taipei. The event, which was presented in the form of a light teatime talk session, invited journalists and editors, especially those who contribute to media platforms frequented by digital creators, business professionals and freelancers – the people who stand to benefit the most from the gram’s unparalleled versatility to the unique showcase. The event showcased two key areas: the LG gram highlight zone and the demonstration zone, where the spotlight shone on the key features of the 2024 lineup. Among them were the powerful gram Link, seamlessly integrated AI capabilities, energy-efficient performance and meticulously crafted lightweight designs, all tailored to elevate communication across diverse scenarios. Boasting a harmonious blend of power and portability, the LG gram series’ ultra-lightweight laptops combine high-end specifications with exceptionally slim yet durable designs and all-day battery life. Guests were able to experience each laptop from the latest gram series, including LG gram, LG gram Pro, LG gram Pro 2-in-1 and LG gram Super Slim. The event was designed to allow them to immerse themselves fully in the exceptional usability of the product while receiving detailed explanations in person. What impressed them the most were the laptops’ outstanding portability, sleek styling and premium performance. The devices on display left a lasting impression through their slim and lightweight designs, two aspects that have become synonymous with the LG gram brand. The hands-on experience with the touch display and Stylus pen of the LG gram Pro 2-in-1 convertible laptop, as well as features like LG gram Link and LG Glance by Mira-metrix, were particularly well received by event-goers. It was the perfect opportunity to reveal something LG Taiwan has been working on for some time – a collaboration with ‘boven Magazine Library,’ the only magazine library in Taiwan, to launch the “LG gram x boven Pop-up Store” which will run from April to June this year. As part of this joining of forces, limited edition collaborative gifts will be given out at boven Magazine Library branches in Taipei and Tainan, where visitors can also witness the latest LG gram offerings. Stay tuned to the LG Newsroom to explore other engaging events being carried out across LG’s truly global network. Contributed by LG Taiwan # # # * Research from Statista (link) and The Business Research Company (link). View the full article

Sorry, I don’t know the answer then

yes, Disney + Premium

In the favorites list, the last favorite is added at the end of the list. How to change/sort the sequence of the favorites ?

Do you have Disney+ premium?

Premium Gaming Brand and Leading Esports Organization Host Special Meet and Greet with LCK Champions and Influencer-led Life’s Good Tournament SEOUL, April 29, 2024 — LG Electronics (LG) and Gen.G Esports (Gen.G) are excited to announce a ‘meet and greet’ with Gen.G team members, taking place at Another Saigon brand experience space in Ho Chi Minh City, Vietnam, on May 25. This event, a tribute to the tremendous support from Vietnamese fans for the League of Legends Champions Korea (LCK), will also include a tournament for amateur players of the popular multiplayer online battle arena game, along with other fun-filled activities. 120 lucky fans, chosen randomly through an online draw, will have the chance to meet, chat and join in a photo session with five big-name players from the LG-backed Gen.G team. Rounding out what is sure to be a memorable day is a stamp tour of Another Saigon, with special stamps for attendees to collect as they explore and experience LG’s latest lifestyle products. Another entertaining component of the fan event is the Life’s Good Tournament for amateur League of Legends enthusiasts. The competition will feature teams led by two popular Vietnamese influencers, Mai Dora and Optimus, with commentary on all the action supplied by well-known local casters. Another Saigon, a popular spot among young Vietnamese consumers since its opening earlier this year, will host the semi-final matches and the ‘event match,’ where the tournament champions will play alongside Gen.G team members. Prior to the gaming session with their idols, the Life’s Good Tournament champs will receive an exclusive one-day training session from a professional coach from the Gen.G Global Academy’s League of Legends program. The professional and amateur players will then form mixed teams and battle it out together in the event match, which will be livestreamed worldwide on the LG Global YouTube channel. The upcoming fan event is a direct result of the ongoing LG UltraGear (LG’s premium gaming brand) and Gen.G partnership. The special occasion serves as a thank you to Vietnam’s legion of LCK fans and as a celebration of Gen.G’s 4th straight LCK victory. Since 2021, LG has been the Official Display Partner of Gen.G, supporting the organization and its highly-ranked e-athletes with industry-leading LG UltraGear gaming monitors. The Gen.G team has achieved remarkable success with LG by its side, securing victories at LCK Summer 2022, LCK Spring/Summer 2023 and LCK Spring 2024. “We look forward to engaging with Vietnam’s dedicated LCK fans and talented amateur players at this unique esports event,” said YS Lee, vice president and head of the IT business unit of LG Business Solutions Company. “LG UltraGear remains committed to fostering esports culture through its enduring partnership with Gen.G, and will continue to craft innovative products that deliver exceptional gaming experiences.” “With the support of our fans and close partnership with LG UltraGear, we are pleased to have achieved good results in the 2024 LCK Spring Season and become the first LCK team to achieve a 4-peat,” said Lee Ji-hoon, General Manager of Gen. G Esports. “This is a great opportunity for us to thank our fans for their support. We will continue to work closely with LG UltraGear and repay our fans for their support with good results.” Fans interested in participating in the fan event day and/or Life’s Good Tournament can find detailed information on LG UltraGear’s official accounts (@ultrageargaming) and on LG.com/vn. Registration for the event opened April 25. # # # View the full article

Hello to everyone, I'm Ivano from Italy. I use Disney Plus on my Lg Tv OLED C2 55" but when I play film Dolby Atmos don't run. With Apple TV+ or Netflix yes. I use also soundbar LG SPD75YA connected with eArc and Dolby Atmos but also in this case I have Disney Plus issue I have last firmware and WebOS 23 Thanks a lot

I found the solution to this annoying issue. Use the free photo editing program GIMP Resize the image to 3840x2160 or anything that is exactly 16:9 aspect ratio then File -> Export As -> change extension to jpeg or jpg click Export up quality to 100 Uncheck Save IPTC Click Advanced Options Uncheck Optimize Uncheck Progressive Scroll Smoothing to 1.00 click Export This should resolve the issue

Hi I need to update this TV Model : 55SJ850V-TA Serial number : 707CGKWMJ215 Device name : [LG] webOS TV SJ850V_TA webOS TV Version: 3.9.0-62705 (dreadlocks2-dudhwa ESN : LGTV20171=11001816919 VSN : 1F580793 Widevine: LGTV17CLGE002389488

I have experienced the same issue with Denon AVR3400H. I’ve seen other posts along this line and hope there is a patch by LG to remediate! It’s a large inconvenience as base LG oled sound is not terrific.

Even if the eco and power-saving modes are turned off, the screen saver might activate based on other settings or inputs not being detected. you should first check your TV's screen saver settings to ensure it isn't set to activate too quickly. These settings are usually found in the "General" or "Picture" section of your menu. Also, verify that your TV is recognizing input signals properly; sometimes, if the TV doesn't sense an active input, it might default to a screen saver.

I hear you! Latest update made HDMI connectivity super-flaky on my G2

Up until a few days ago my TV and AVR have been working perfectly since I bought it. Zero hassles with HDMI and connectivity. Then I was prompted to update to the latest software version which I did and now often when I switch HDMI (running on 1) it picks up the device name, CEC works but I get “No Signal”… and then nothing. Just stays on “No Signal”. It is almost as if some HDMI handshake breaks and now the driver is in a broken state. I’ve found that if I hard power off and power on the device sometimes works but I don’t want to do that every time especially since it’s hard to get to the power. This really strikes me as a software issue with the latest update as absolutely nothing else has changed in my setup. I’ve tried: Different HDMI cables (high quality) Deep colour settings Reset the TV to factory default Different HDMI ports TV Model: OLED65G26LA / OLED65G26LA.HFBQLWK WebOS TV Version: 8.3.0.2301 Software Version: 13.30.56 AVR & Devices Marantz SR5015 Nvidia Shield Pro PS5 The setup is the conventional AVR installation as shown in the attached file Has anyone else experienced this? Is it possible to revert the software update?

Issues sorted factory reset everything, working how it should

how to turn on my cookies on LGsmart TV

Last year, the company successfully welcomed back LG Showcase 2023, the renowned event in the Middle East and Africa (MEA) region after a four-year break. This year, LG Middle East and Africa hosted the event once again to introduce the company’s latest offering in the MEA market. Held in Abu Dhabi from April 24-25 under the theme of “Reinventing Together,” LG Showcase 2024 spotlighted the latest innovations, serving as the ultimate venue for engaging with stakeholders. The event featured four distinct zones – Cinema, Camping, Café and ThinQ Home – each showing how LG’s innovative products and solutions enhance convenience and entertainment in everyday life. This year’s event largely focused on LG’s lineup of home entertainment products, ranging from TVs to audio and gaming products, offering hands-on experience to over 500 visitors. Upon entrance, visitors were welcomed by the flagship 97-inch LG SIGNATURE OLED M, the world’s first consumer TV featuring Zero Connect technology, which enables the transfer of 4K video and audio wirelessly at 120Hz. This iconic feature resolves all cable management nightmares and allows for an uncluttered space by having all devices connected to the Zero Connect Box and positioned away from the TV. Also on display was the innovative LG StanbyME, the 27-inch movable smart screen with a unique flexible design, allowing users to easily take it from room to room to watch content as they please. Designed with mobility in mind, it features a base with 5 hidden wheels and a built-in battery offering up to three hours of screen time. Beyond its display capabilities, the LG StanbyME functions as a smart screen, offering various connectivity options such as wireless mirroring and NFC, which can be activated with a simple tap. In addition, it supports a range of streaming services and applications, all pre-installed for convenience. To top it off, it also comes with touch screen capabilities, as well as a remote for easy use. LG also showcased its improved LG webOS, which brings to the table a completely revamped home screen with wider title cards and smoother tiles for categories such as Game, Music and Home Office. The smart operating system, now celebrating its 10th anniversary, expanded into 300 TV brands and 3,500 content partners, including local partners. Over the past decade, the number of active users in the MEA region has surged by twentyfold. During the event, the company also highlighted its new α (Alpha) 11 processor that will be used in its flagship TVs, which will deliver powerful AI capabilities and enhance the overall viewing experience. This new processor, found in the LG SIGNATURE OLED M4 and LG OLED G4 TVs, is four times more powerful than its predecessor and will refine clarity, color and sharpness, as well as providing a 70 percent improvement in graphics performance and a 30 percent faster processing speed. LG also put on display its range XBOOM speakers, which deliver bold and loud sounds with strong bass and massive sound. For instance, the LG XBOOM XL9T and its smaller variant LG XBOOM XL5S is the optimal speaker for any party, produces immense sound with booming base and high notes with pixel art and multi color ring lights to bring life to any space. Also on display was XBOOM Go XG8T, an on-the-go speaker that not only packs a powerful punch in audio but can also boost sound further and turns up the party with its studio light feature. LG also showcased the LG TONE Fit TF7, an earbud that focuses primarily on comfort, convenience and immersive sound. The LG TONE Fit TF7 offers a superior fit for fitness enthusiasts, ensuring customers can focus solely on their workout without any distractions. And, in the ‘Gaming’ zone, the company unveiled its latest innovations designed for productivity and entertainment. The latest lineup of LG UltraGear OLED gaming monitors is a true testament to LG’s commitment to the gaming industry. Available in sizes of 32-inch (model 32GS95UE), 34-inch (model 34GS95QE) and 45-inch (model 45GS95QE), these OLED gaming monitors are the pinnacle of gaming displays, bringing in a true immersive experience. Also showcased is the LG MyView Smart Monitor, a must-have for productivity and entertainment, even without having to connect to a PC. Designed for multi-tasking, this monitor will allow you to do your daily work, control home gadgets and even stream your favorite content, all from one display. What’s more, in the ‘Cinema’ zone, the company showcased various products, including the LG MAGNIT (model LSAL006) and LG Soundbar (model MR11 and S94P2), which can create immersive viewing experiences in the home. With a stunning 118-inch, 4K (3840 x 2160) resolution Micro LED display, LG MAGNIT delivers unparalleled picture quality through the brilliance of Micro LED technology. Moving over to the ‘ThinQ Home’ zone, LG also showcased its diverse range of home appliances that not only enhance daily life, but also provide functionality, unique upgradability and personalization. This includes the ever-popular refrigerator with MoodUP, which can transform the vibes of any kitchen with LED panel doors that can have their colors customized through the LG ThinQ app; the LG Styler, a premium steam cleaning solution that can refresh garments in minutes; and the ARTCOOL air conditioner lineup which features the LG DUAL Inverter Compressor, a critical element that brings powerful cooling without compromising on efficiency. LG Showcase 2024 was a great opportunity to introduce how the company is continuously pushing innovation with its diverse range of products and services that enhance the overall customer experience. Contributed by LG Middle East and Africa # # # View the full article

Hi have a problem with the sound clipping every now and again with virgin tv and ps5 conect to tv then to my marantz cinema 40 but when I conect amp then to tv it's fine ,I'd like to use the alexa feature for source swop ect

Company Pushes Boundaries With Innovative Business Models While Balancing Core Operations and Future Growth to Create New Opportunities SEOUL, April 25, 2024 — LG Electronics Inc. (LG) announced first-quarter 2024 consolidated revenue of KRW 21.09 trillion and operating profit of KRW 1.33 trillion. The company’s home appliance sector demonstrated global leadership, achieving record-breaking revenue and double-digit operating profit margins. The EV components sector, a key driver of future growth, continued its steady expansion. Both the TV and business solutions sectors experienced year-on-year sales growth and returned profits compared to the previous quarter. Despite navigating challenging macroeconomic conditions such as high commodity prices, volatile exchange rates, rising interest rates and delayed demand recovery, LG achieved its highest-ever total revenue for a first quarter. This milestone underscores the effectiveness of implementing sustainable business models like subscription services and leveraging growth opportunities in the promising B2B sector. LG’s emphasis on differentiating features such as AI, energy efficiency and customer-centric design has strengthened its competitiveness in the premium market. Furthermore, the strategic approach of offering diverse product lineups and flexible pricing structures enabled the company to successfully navigate polarized demand trends. Operating profit surpassed KRW 1 trillion for the fifth consecutive year, showcasing LG’s strong performance in the face of intensifying market competition. The company’s focus on content/service businesses and direct-to-consumer sales via the Online Brand Shop (OBS) has fueled qualitative growth. Efforts to stabilize raw material and logistics costs, coupled with production location flexibility, have further bolstered profitability. The LG Home Appliance & Air Solution Company generated first-quarter revenue of KRW 8.6 trillion and an operating profit of KRW 940.3 billion. This represents a notable 7.2 percent increase in revenue compared to the same period last year, setting a new record for first-quarter performance. Operating profits reached the second-highest level in the company’s history, with an operating profit margin of 10.9 percent, underscoring the company’s exceptional global competitiveness. Driven by its core technologies, particularly in motors and compressors, LG’s home appliance business continues to innovate within a mature market landscape. With a commitment to industry leadership, LG is pioneering transformative initiatives such as product subscription services and advancing the concept of ‘Affectionate Intelligence’ appliances. These innovations are tailored to empathize with and address customer needs effectively. Moreover, LG is strategically expanding its B2B ventures, including HVAC and built-in solutions, to capitalize on emerging growth opportunities. The LG Vehicle component Solutions Company reported first-quarter revenue of KRW 2.66 trillion and an operating profit of KRW 52 billion, reflecting an 11.5 percent year-on-year revenue increase. The ongoing conversion of backlog orders into revenue is progressing steadily. Despite ongoing investments in overseas production sites to fulfill new orders and meet OEM demands, the company has maintained stable profitability, benefiting from economies of scale resulting from revenue expansion. While there are expectations of a slight slowdown in the recent growth of EV demand, the demand for high-value-added EV components continues to rise steadily. LG is proactively addressing these market dynamics by developing a balanced portfolio, spanning from in-vehicle infotainment to powertrains and headlamps. The company aims to ensure sustained revenue growth and a stable profit base by actively adapting to these market shifts. The LG Home Entertainment Company reported first-quarter revenue of KRW 3.49 trillion and an operating profit of KRW 132.2 billion. This represents a 4.2 percent increase in revenue compared to the same period last year, driven by a resurgence in TV demand in Europe and the successful launch of new 2024 models. The positive operating profit was fueled by the robust performance of the webOS content/service business, alongside traditional product sales. Despite challenges such as rising LCD panel prices, the company effectively managed profitability. Looking ahead, a gradual recovery in the TV market demand is anticipated in the second half of the year. LG’s strategy focuses on leveraging its globally leading OLED TV and premium LCD QNED TV offerings while continuously enhancing the profitability of the webOS platform business, which is poised for rapid growth. The LG Business Solutions Company reported first-quarter revenue of KRW 1.57 trillion, marking a 6.5 percent increase year-over-year, and an operating profit of KRW 12.8 billion. The launch of new LG gram laptops, featuring on-device AI and timed for graduation and enrollment seasons, garnered positive market feedback. In addition, sales of commercial display products, including electronic whiteboards and LED signage, experienced growth. While operating profit returned to positive territory from the previous quarter, there was a slight decrease compared to the same period last year, attributed to factors such as rising component prices and intensified competition. This year, the overall IT market is expected to maintain similar demand levels to the previous year, with a slight growth anticipated in the commercial display segment. There is an expected increase in demand for high-spec IT products like gaming monitors and LED signage. LG aims to lead the market with strategic IT products tailored to customer needs, integrating gaming-specific features and OLED displays, alongside premium LED products. Efforts to proactively develop promising new businesses such as robotics and EV charging continue to drive future growth prospects. Earnings Conference and Conference Call LG Electronics will hold a Korean / English conference call on April 25, 2024, at 16:00 Korea Standard Time (07:00 GMT/UTC). Conference call participants should pre-register online to receive a private PIN. The corresponding presentation file will be available for download at the LG Electronics website before the call. # # # View the full article

Earth Day – celebrated annually on April 22 – is a great opportunity for people around all parts of the globe to demonstrate support for environmental protection. Shared earlier this week, LG USA hosted the ‘Life’s Good Earth Day Fair,’ an event with diverse activities highlighting the importance of sustainable practices. Let’s take a look at how other LG offices around the world shared the positive message of creating a ‘Better Life for All’ in time for Earth Day. To start off in Germany, the company turned Earth Day into a week-long event through Earth Week on its online brand shop. From April 22 to 28, German consumers will receive a 10 percent discount on all LG household appliances with a green energy label purchased on LG.com/de, not only saving money but also energy at the same time. LG Germany wanted to fully do its part to contribute to a more sustainable future, which is why it partnered with the local initiative Herzenswald Schmitten, a non-profit association that advocates sustainable environment protection and nature conservation. As a part of this partnership, LG Germany will donate 10 percent of revenue from the energy efficient home appliances purchased between April 22-28 to the organization. Aligned with Herzenswald Schmitten’s mission, LG Germany proudly supports regional afforestation and providing newly planted trees with individual protection against poaching. And, to boost sustainable practices within the company, LG Germany celebrated Earth Day in its Eschborn office. Employees received a reusable coffee cup, featuring the Life’s Good logo, reducing waste on single-use cups and even further promoting the brand message in public. Also, to motivate employees to reduce their carbon footprint, the company awarded employees who came to the office by either bike or public transportation with a voucher from a coffee bar located in the building – providing an opportunity for employees to use their brand new Life’s Good cups and spread the message. The company is excited to see how many employees make the morning bike ride their daily routine! Reducing disposable wastes is an important task, one that LG’s headquarters in Korea is also paying great attention to. In time for this year’s Earth Day, LG CEO William Cho joined in on the “Zero Disposables Challenge,” a nation-wide environmental initiative launched by South Korea’s Ministry of Environment last year to encourage the use of reusable items in public. In line with this, the company called on all its employees to boost efforts to reduce the use of single-use products and increase the use of reusable products. In Taiwan, the company deliberated on ways to make a difference for the planet through small daily actions. LG believes that doing one little thing every day has the power to have a great impact when accumulated over time. To highlight this message, LG Taiwan unveiled a challenge on its official social media page, inviting users to reshare their Instagram story template, selecting what good things – no matter how big or small – they do to show that they love the earth! Running from April 22 to May 5, the company will select six winners who will receive a gift card. Last but not least, LG Spain created a video outlining their on-going efforts to create a better planet. In the video shared via its social channels, the company introduces their Smart Green movement, an initiative that uses technology as a means to regenerate the ecosystem. The movement’s goals include planting 47 million trees; repopulating 47 million Iberian bees to ensure the pollination of countless endemic plants; and restoring the seabed, which is home to thousands of plant and animal species. Already seeing great results, LG Spain reiterated its commitment to work with its local partners to change the world for the better. LG believes Life’s Good but also understands that true enjoyment requires care and attention. The company is committed to not only crafting sustainable products but also to participating in initiatives that foster a better, cleaner future. Contributed by LG Germany, Taiwan and Spain # # # View the full article