Report

Photo Credit: CBS Media Ventures / The Drew Barrymore Show
Finding the time and means to make daily living easier can be a significant challenge. The pace and pressures of our modern world make it difficult to think outside of our well-worn routines. Fortunately, LG, recently recognized as America’s most reliable line of home appliances,1 can help bring convenience and comfort to everyday life.

In the fourth and current season of “The Drew Barrymore Show,” the globally popular American talk show hosted by actress and producer Drew Barrymore, the company is showcasing its latest lifestyle innovations and sharing some sage tips and helpful hacks for simplifying life at home.

Photo Credit: CBS Media Ventures / The Drew Barrymore Show
Fans of the show will now be familiar with LG’s cutting-edge kitchen and laundry solutions, which have been featured in several segments with Barrymore and her guests demonstrating clever ways to reduce the time and effort spent on household chores.

Photo Credit: CBS Media Ventures
The first
link hidden, please login to view of the show, originally aired on October 24 2023, featured a range of LG kitchen appliances, including the , Together with lifestyle guru Danny Seo, known as , Drew explored her show’s newly remodeled kitchen, showed off her famous sense of humor and cooked up some delectable dishes making full use of LG’s innovative appliances.
Photo Credit: CBS Media Ventures/The Drew Barrymore Show
During the segment, Danny demonstrated his recipes for ‘Massaged Brussels Sprouts’ and ‘Creamed Corn Sheet Pan Tart,’ sharing his secrets on the art of healthy cooking while using the latest LG kitchen solutions to prepare his inspired culinary creations. With its SmoothTouch glass panel, LG’s cooktop provides precise heat management and effortless touch control.
Photo Credit: CBS Media Ventures/The Drew Barrymore Show
Also seen in the episode was LG’s Counter-Depth MAX refrigerator, which keeps ingredients fresh and cool and boasts the largest capacity of any counter-depth type French Door model,2 and the versatile smart double wall oven. As demonstrated by the entertaining duo of Drew and Danny, the oven’s LG InstaView panel lets users check on the progress of their meal simply by knocking twice on the door, thus keeping the heat inside and the cooking temperature stable.

The partnership between LG and the Drew Barrymore Show is a gift for those seeking greater simplicity in their lives, offering up wisdom and innovation from a company that embraces optimism and the belief that “Life’s Good.”
In the first segment, she had nothing but love for LG and its smart, stylish and reliable appliances. She thanked LG for being one of the first major corporate brands to partner with her show since its inception.
Stay tuned to the Drew Barrymore Show throughout the season to discover more tips, tricks and hacks for an easier life, proudly brought to you by LG, America’s most reliable line of home appliances.1
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1 According to a 2023 leading consumer testing organization.
2 TLG Counter-depth MAX refrigerator offers a capacity of 25.5-cubic feet, despite a nine percent reduction in depth compared to a conventional French-Door model. Its interior space provides 25 percent more room for storing food and drinks than LG’s previous counter-depth models, based on an internal study utilizing average cans to quantify available storage space, conducted in March 2022 (comparing LG models LRFVC2406S and LRFOC2606S).

Hello, I would like to get our new TV to show the home screen at startup instead of a Rakuten channel were never interested in.
I have set the settings to show the home screen at startup yet it's still not working, at startup were still only getting Rakuten...

I keep getting the same error message when try to install any new app.  The message is L/AM.001/999/AM.0091
 

Hello.
 
Some tutorials explain how to do it. 
We first need to root the TV with scripts such as RootMyTV, and then install dts_restore. 
Both tools are free and available at github.  
I'm not writing the links because I don't know if it's allowed in this forum and because I take no responsibility. 
 
My question is:
Has anybody tried this process? Does it work? 
The documentation says if you have any problem you can just factory reset the TV, but I don't dare to do it. 

High Performance, Strong Profitability Reflect Progress in Advancing Busines
Portfolio, Accelerating B2B Business and Procuring New Growth Engines

SEOUL, Oct. 27, 2023 — LG Electronics Inc. (LG) today announced third-quarter 2023 consolidated revenue of KRW 20.7 trillion and operating profit of KRW 996.7 billion, both the second highest third-quarter figures in the company’s history. The noteworthy performance was driven by both the company’s core home appliance business and vehicle solutions, one of its future growth engines. Home appliances more than doubled its operating profit year-over-year while vehicle solutions recorded an all-time high operating profit.
The strong performance reflects the company’s smooth progress in the execution of its future vision for 2030, leading to solid revenue and profits despite a prolonged economic slowdown. The fundamentals of LG’s 2030 vision, announced last July, is to focus on B2B expansion, non-hardware business model innovation as well as the development and acquisition of new growth engines with the aim to go beyond a home appliance company to truly become a Smart Life Solutions company capable of connecting and expanding diverse spaces and experiences.
The revenue growth was greatly bolstered by expansion in B2B, including automotive parts and HVAC systems – a key factor behind the second highest third-quarter figure in the company’s history. Revenue in B2B grew significantly to account for approximately 35 percent of overall revenue this year.
B2B segments are less influenced by economic conditions compared to B2C, and stable revenue and profits can be expected once the business is properly set up. Another merit is the lock-in effect that can help promote the development of a strong long-term relationship with clients and customers. LG plans to develop additional growth opportunities in the area by going beyond merely supplying B2B products to expand into providing high added-value business solutions in connection to the supplied products. The goal will be to boost B2B revenue to over KRW 40 trillion by 2030.
Third-quarter operating profit increased by more than 30 percent both year-over-year and quarter-over-quarter. A key contributor to the high profitability was the company’s business model innovation – combining non-hardware solutions such as content and subscription services with traditional hardware products such as home appliances and TVs. In the past, a one-off revenue was recorded when a product was sold. This has now transformed into generating recurring revenue from the use of solutions on platforms installed in the millions of products used by consumers of LG devices.
In developing and acquiring new growth engines, LG aims to focus on investing in promising businesses that not only show high potential but can also create synergy with existing businesses. Investment into electric vehicle charging is a prime illustration of such strategy. The company has plans for global expansion beginning next year in collaboration with diverse partners.
The seamless operation and solid progress of the company’s 2030 vision’s three pillars – leading growth of company (B2B), generating profit (non-hardware) and boosting enterprise value (new growth engines) – is a strong demonstration of LG’s advancement toward achieving Triple 7 (average growth rate and operating profit of 7 percent or more and enterprise value to EBITDA ratio of 7 or more).
LG will continue to focus on accelerating its business portfolio transformation efforts into the fourth quarter, seeking to maintain high-growth in B2B with vehicle component solutions taking the lead, while at the same time growing sales of key product lineups as the end-of-year peak season approaches. Simultaneously, the company plans to optimize efficiencies through enhanced demand forecasting to support stable profitability going forward.
The LG Home Appliance & Air Solution Company generated third-quarter revenue of KRW 7.46 trillion and an operating profit of KRW 504.5 billion. The operating profit more than doubled year-over-year, attributable to strong competitiveness in overall business operations including manufacturing, procurement and logistics. Revenue maintained strong versus last year’s third quarter, aided by strategic repositioning of product lineups in response to softened demand as well as expansion of B2B lineups including HVAC, parts and built-in appliances. LG plans to leverage the electrification and decarbonization trend in HVAC systems to accelerate its B2B growth momentum. For example, in the United States, the company recently committed to a series of actions supporting California’s goal to install six million electric heat pumps by 2030. LG is also actively expanding its HVAC portfolio with new Dedicated Outdoor Air Systems. In the fourth quarter, the company will seek to spearhead a paradigm shift in home appliances with the LG ThinQ UP 2.0 expanding business into services and subscriptions. Four upgraded features for the ThinQ UP have already been released in North America, accelerating the speed of customer experience innovation.
The LG Vehicle component Solutions Company’s third-quarter revenue was KRW 2.5 trillion and operating profit KRW 134.9 billion – the highest among all third-quarter revenue and operating profit. The company is accelerating its pace of growth based on stable management of its supply chain and an order backlog that is expected to reach KRW 100 trillion by the end of the year. The business unit is expected to exceed KRW 10 trillion in annual revenue for the first time this year, setting the stage to become a key driving force in LG’s overall growth. Growth is still expected to be high due to the accelerating transition to electric vehicles and soaring demand for high added-value parts, despite some concerns of a temporary slowdown of demand in the automotive parts industry. In light of such developments, LG plans to maintain its growth momentum by focusing on high added-value projects and acceleration of regional production at the LG Magna plant in Ramos Arizpe, Mexico.
The LG Home Entertainment Company recorded third-quarter revenue of KRW 3.57 trillion and an operating profit of KRW 110.7 billion. The company maintained its profitable growth by effectively managing marketing expenses despite increased LCD panel prices, while also diversifying profit sources based on the growth of content and services business built on its smart TV platform. The company is accelerating its transition from a product-based business to a platform-based media and entertainment business as the content and services market continues to grow. To this end, in addition to expanding collaboration with various content providers, the company is upgrading TV operating systems to expand the content experience of customers. The number of TVs powered by webOS, the foundation of LG’s content and services business, is expected to reach 300 million units by 2026.
The LG Business Solutions Company’s third-quarter revenue was KRW 1.33 trillion with an operating loss of KRW 20.5 billion. Both revenue and profitability weakened due to the softening of demand for IT products. As challenging business conditions persist, the company continues to innovate customer experiences with premium IT lineups such as commercial displays and foldable laptops that provide customized solutions, while also making progress in fostering the electric vehicle charger business, one of LG’s new growth engines.
Earnings Conference and Conference Call
LG Electronics will hold a Korean / English conference call on October 27, 2023, at 16:00 Korea Standard Time (07:00 GMT/UTC). Conference call participants are instructed to pre-register online to receive a private PIN. To participate in the conference call, dial +82 31 810 3130, enter passcode 6418# and then the PIN. The corresponding presentation file will be available for download at the LG Electronics website before the call.
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