By News Reporter
Have you ever wondered how many LG OLED TVs are shipped every year? 100 thousand units perhaps, maybe as much as a million? In the first half of 2023, LG recorded over 1.33 million shipments of its stunning OLED TVs, setting new benchmarks and records its competitors can only dream of.
According to market research firm
link hidden, please login to view, LG captured over 55 percent of the global OLED TV market in the first six months based on total shipments. As a renowned OLED TV leader now celebrating 10 years of innovation in this space, LG has once again defended its premium TV crown while further cementing LG OLED TV’s status as the pinnacle of premium TVs.
The “bigger the better” trend continues to prevail in the TV market, which is great news for LG. As more and more people desire larger TVs for their living spaces, models of 75 inches or larger accounted for a remarkable 11.4 percent share of total OLED TVs sold, while shipments’ yearly average growth rate topped 90 percent over the past five years. Staying on top of this growing trend, LG is resuming its dominance in the market with an outstanding 64.2 percent share in total shipments of OLED TVs over 75 inches.
LG is targeting this new demand for large and premium TVs in the second half of 2023 with the groundbreaking TV (model 97M3) it unveiled in July, which boasts the world’s first 4K 120Hz wireless solution that makes it easy for customers to achieve their dream interior.
Not one to be confined, LG unleashed a tidal wave of 10 million TV units (OLED and LCD) on the world, which has helped the company carve out a 16.2 percent share of revenue for itself in the global TV market.
Despite facing a downturn in the global TV market, LG persisted in strengthening its inventory management and securing higher profits while actively pursuing a strategic approach for its premium and ultra-large displays. And this commitment has paid off substantially, with its LG OLED TVs now accounting for around 30 percent of the company’s overall revenue generated from TV sets.
TV shipments totaled over 92 million units in the first half of 2023, matching last year’s first half performance. The OLED TV segment, which has been led by LG for a number of years, has already passed the 2 million shipments mark this year, which bodes well for the rest of 2023.
OLED TVs are continuing their takeover of the global TV market after capturing 9.3 percent of all revenue in the first half. Meanwhile, Omdia predicts that OLED TVs are set to shine even brighter, projecting at least a 43 percent revenue share among premium TVs priced above USD 1,500.
Find all the latest news on the home entertainment business and learn more about its world-leading innovations on the LG Newsroom.
# # #
By News Reporter
Company Unveils Latest LG OLED ART Collaborations During
This Year’s Frieze International Air Fair and Seoul Art Week
SEOUL, Sep. 6, 2023 — LG Electronics (LG) is stepping into the spotlight as the official headline partner of Frieze Seoul 2023 (September 6-9). The company will be showcasing special art collaborations that reaffirm its dedication to highlighting the intrinsic link between art and technology as a part of its ongoing LG OLED ART project. For this year’s edition of Frieze Seoul, LG is partnering with the Whanki Foundation to present “We Meet Again in Seoul,” a curated selection of paintings by master of Korean abstract art, Kim Whanki.
The stunning exhibition features twelve original artworks by Whanki, including some of his most iconic pieces. Among these are Where, in What Form, Shall We Meet Again and 25-III-69 #46, created during his noted New York periods – both paintings exemplifying the artist’s unique “all-over dot” style. These works will be on display in the LG OLED Lounge at Frieze Seoul 2023, where they will be brought to life by the immaculate digital canvas that is LG OLED. The incredible colors and clarity of LG’s self-lit OLED technology faithfully preserve Whanki’s creative intentions while revealing detail and nuance that add an extra dimension to his acclaimed art.
Audiences will find themselves completely immersed in and inspired by this exclusive presentation; the combination of Whanki’s artistic genius and the digital artistry of LG OLED combining to elicit profound emotions and deep contemplation.
Additionally, visitors to the LG OLED Lounge will have the opportunity to explore exciting, new perspectives on the distinctive and thought-provoking art of Whanki. Je Baak, professor at Seoul National University College of Fine Arts, Mano Ahn, CEO of Ahn Graphics and Kim Dae-hwan, CEO of BESIGN, have joined forces to digitally express five of Whanki’s artworks, using LG OLED as their canvas.
“LG OLED is honored to present the work of the renowned Kim Whanki to a global audience at this year’s Frieze Seoul,” said Kate Hye-won Oh, vice president of the Brand Communication Division at LG Home Entertainment Company. “Both the stunning originals and the brave digital reinterpretations of Whanki’s paintings inspire the imagination and encourage all of us, whether artist or art enthusiast, to explore the limitless possibilities of art. The ultimate digital canvas, LG OLED continues to shine a light on the majesty of human creative endeavor, and what can be achieved when art and technology come together as one.”
Beyond its participation in Frieze Seoul 2023, LG OLED will be actively contributing to the artistic ambiance of the South Korean capital throughout the month of September. At Seoul Light DDP 2023 (August 31 to September 10), LG’s premium TV brand is presenting BOREALIS, an illuminating and ever-changing work of light and color by technologist and new media artist Dan Acher, which can be experienced daily between 8 p.m. and 11 p.m. The collaboration is a testament to LG OLED’s continuing support for Seoul Art Week (taking place this year from September 1-10) and to its commitment to promoting the practice and appreciation of new forms of digital art.
LG OLED has also teamed up with Artist Company, a Seoul-based entertainment company founded by celebrated Korean actor, Lee Jung-jae, to expose a wider audience to the best of digital art. From September 7-24, the first floor of the Artist’s Company’s building in Cheongdam will play host to several inspirational works, including digitalized Whanki pieces and art from Six N. Five, previously showcased by LG OLED at Frieze New York in May.
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 will be uploaded to the OLED Art project website after their real-world unveiling, allowing art enthusiasts and fans around the world to enjoy them at their convenience. To follow the LG OLED ART journey, visit the
link hidden, please login to view. # # #
Hey everyone, I've been using my LG WebOS TV for some time now, and there's a small but impactful change I'd love to see. Currently, when the TV is turned on without an HDMI input, it defaults to displaying a wallpaper. It's not aesthetically pleasing, it's a bit of an inconvenience for users like me who primarily use the TV's smart features.My suggestion is to include an option that allows the TV to boot directly into the Home screen, displaying all the available apps and streaming options right away. This would streamline the user experience, making it faster and easier to access the services we use most.Would love to hear the community's thoughts on this. Cheers!
By News Reporter
Portable, Durable and Conveniently Adjustable, the Unique LG StanbyME Go
Presents a Refreshingly New User Experience
SEOUL, Aug. 25, 2023 — LG Electronics (LG) announces the global rollout of its latest Lifestyle Screen, the unique LG StanbyME Go (model 27LX5). The innovative new model boasts a 27-inch touch display and a 20W four-channel speaker system cleverly integrated into a stylish and sturdy carrying case. Building on the portability and versatility of the original StanbyME, the 27LX5 lets users enjoy memorable entertainment experiences wherever they go.
Perfect for watching movies, playing games and more, the StanbyME Go can be used indoors or out; its carrying case and built-in battery enabling take-anywhere convenience, superior screen protection and up to 3 hours of use without connection to an external power outlet. In addition to the new Lifestyle Screen’s large display and robust speakers, the case includes safe storage for the product’s streamlined remote control and power cable.
StanbyME Go complements its portability with versatile adjustability that supports a range of different uses and personal preferences. Users can tilt the screen to achieve the best viewing angle, rotate it 90 degrees from landscape to portrait and back, adjust its height by up to 18 centimeters or put it in Table mode. When set to Table mode, the StanbyME Go’s screen lies flat in the lower part of the case, allowing users to play digital board games including chess and ‘Hidden Catch,’ or switch on the virtual record player for a fun, nostalgic listening experience. Conveniently, LG’s Lifestyle Screen automatically turns on when its case is opened and turns off when it is closed.
The StanbyME Go also offers proven durability, as evidenced by its successful completion of 11 tests compliant with the U.S. military’s rigorous MIL-STD-810G standard. The tests demonstrate that the 27LX5 can handle a wide variety of environmental factors, including low pressure, high temperature, low temperature, dust and salt spray, and provides protection against accidental drops, vibration and shock.
For maximum viewing immersion, the built-in speakers of StanbyME Go automatically optimize audio output to the front of the screen. Viewing experiences are further enhanced through support for Dolby’s advanced video and sound technologies, Dolby Vision and Dolby Atmos.
Equipped with LG’s proprietary webOS smart TV platform, StanbyME Go lets users effortlessly connect to their iOS or Android devices. Moreover, voice recognition makes it possible to do app launching, adjust sound and search for contents completely hands-free – an especially helpful feature for those who like to cook, clean or take on other tasks or activities while they watch.
LG’s Lifestyle Screen products are revolutionizing the user and viewing experience, presenting new ways to enjoy content and new lifestyle value for today’s consumers. LG StanbyME Go is set to launch globally, starting in the U.S. this month, with plans for global rollout to key markets in Europe including Italy, France, UK, Spain and Germany from next month.
LG will be showcasing its latest lifestyle TVs, including StanbyME, StanbyME Go, along with the LG OLED Objet Collection Posé, at its exhibition booth (Hall 18, Messe Berlin) at IFA 2023 in Berlin, Germany, from September 1-5.
# # #
link hidden, please login to view
ENGLEWOOD CLIFFS, N.J., Aug. 15, 2023 /PRNewswire/ -- LG Electronics USA today announced the U.S. pricing and availability of its new StanbyME Go portable screen, a versatile and unique all-in-one entertainment option. Housed in a convenient and durable suitcase with a built-in battery and speakers, the LG StanbyME Go is the ideal travel companion for on-the-go entertainment. Priced at $999.99, the StanbyME Go will be available later this month, exclusively at
link hidden, please login to view, and will include a special preorder offer1 of a free LG XBOOM 360 Bluetooth Speaker (XO3QBE) ($299.99 SRP). Preorders are expected to ship later this month. Housed in a convenient and durable suitcase with a built-in battery and speakers, the LG StanbyME Go is the ideal travel companion for on-the-go entertainment. The LG StanbyME Go’s 27-inch LED touchscreen is attached to a stand within a sleek case, and can be tilted, rotated, raised and lowered while in landscape and portrait orientations and table mode. StanbyME Go’s built-in 20-watt speaker adapts to the screen’s orientation, providing optimal surround sound, and supports Dolby Vision™ video technology and Dolby Atmos® stereo sound. Priced at $999.99, the StanbyME Go will be available later this month, exclusively at LG.com, and will include a special preorder offer of a free LG XBOOM 360 Bluetooth Speaker (XO3QBE) ($299.99 SRP). The StanbyME Go is LG's new, innovative display and entertainment center that allows users to bring a quality entertainment experience wherever they go without sacrificing convenience or quality. The LG StanbyME Go's 27-inch LED touchscreen is attached to a stand within a sleek case, and can be tilted, rotated, raised and lowered while in landscape and portrait orientations and table mode. StanbyME Go's built-in 20-watt speaker adapts to the screen's orientation, providing optimal surround sound, and supports Dolby Vision™ video technology and Dolby Atmos® stereo sound.2
Designed with portability in mind, the case features interior compartments to hold accessories and a built-in battery. With up to three hours3 of viewing time between charges, StanbyME Go can easily be transported thanks to a built-in handle that makes it convenient to carry, allowing users to enjoy not only movies and streaming, but games and music wherever they go.
"Content viewing is no longer confined to the living room or even the home, but until now, consumers have had to sacrifice screen size in favor of portability," said David Park, Head of HE Product Marketing. "LG StanbyME Go makes the full-scale viewing experience travel-friendly and offers a versatile option for streaming, listening, remote working and more."
Equipped with LG's webOS software, the StanbyME Go supports AirPlay®4 and is screen mirroring compatible with iOS and Android devices to make sharing or streaming a seamless experience. It also supports pairing via Bluetooth and Wi-Fi. Users can also enjoy hands-free control with StanbyME Go's voice recognition functionality for easily changing channels and searching for content.
To learn more about all of LG's innovative home solutions, visit LG.com.
1 Preorder the StanbyME Go and LG XBOOM 360 Bluetooth Speaker in a single transaction on LG.com between August 14 – August 27, 2023 and receive $249.99 instant additional savings off of the pre-tax sale price. Available only on LG.com. Savings will be reflected in the cart when all offer requirements are met. Preorders estimated to start shipping the week of August 28, 2023 and will be filled on a first come, first served basis. Items may ship separately. All standard apply. If any of the qualifying items are removed from the cart or part of the order is cancelled or returned, the promotional savings will be void. Prices and offers are non-redeemable for cash, non-transferable and may not be combined with other offers/discounts. Availability, prices and terms of offer are subject to change without notice.
2Dolby, Dolby Vision, Dolby Atmos, and the double-D symbol are registered trademarks of Dolby Laboratories Licensing Corporation.
3 Actual battery usage time and performance may vary depending on network connectivity and application use.
4 Apple, the Apple logo, Apple TV, AirPlay® and HomeKit are trademarks of Apple Inc., registered in the U.S. and other countries.
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is a seven-time ENERGY STAR® Partner of the Year. The company's commitment to environmental sustainability and its "Life's Good" marketing theme encompass how LG is dedicated to people's happiness by exceeding expectations today and tomorrow. .
LG Electronics USA
LG Electronics USA
Chris De Maria