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By News Reporter
Company Continues to Perform Well in Highly Competitive Sector,
Securing Orders Worth KRW 8 Trillion in the First Half of 2022
SEOUL, July 5, 2022 — LG Electronics (LG) continues to establish its position as a major force in the electric vehicle (EV) component solutions business, confirming it has secured orders valued at KRW 8 trillion in the first half of 2022 to deliver its in-vehicle experience to diverse global automakers.
Expanding cooperation with major global car manufacturers including Mercedes-Benz AG, Groupe Renault and General Motors and supplying its P-OLED IVI systems to clients’ electric vehicles, LG is seeking to augment its comprehensive portfolio.
LG’s EV component solutions business is rapidly growing based on its three core businesses sector: the LG Vehicle component Solutions (VS) Company, ZKW Group and LG Magna e-Powertrain.
Acquired by LG in 2018, ZKW Group boasts market-leading vehicle headlamp technology, and a global clientele that includes BMW, Mercedes-Benz AG, Audi and Porsche. Meanwhile, LG Magna e-Powertrain is expanding its worldwide production base, adding a third manufacturing facility (Ramos Arizpe, Coahuila, Mexico) to its existing factories in Incheon, South Korea and Nanjing, China. Construction has already begun on the 25,000-square meter site, which is projected to open in 2023 and is slated to produce key components, such as motors and inverters, for General Motors’ next-generation of EVs.
In the first half of this year, the value of orders for LG’s advanced EV component solutions surpassed the total accumulated value of all orders on hand as of 2021 (KRW 60 trillion) by a mark of 13 percent. The company expects that the accumulated orders placed with its EV components business by the end of 2022 will exceed KRW 65 trillion in value.
Given the decrease in vehicle production due to the shortage of automotive semiconductors and other ongoing global supply issues, the performance is encouraging as the consolidated sales for LG’s EV component solutions business increased up to 24 percent compared to last year, reaching KRW 6.7 trillion.
Based on a report from market research firm Strategy Analytics published in April 2022, LG is estimated to be already leading the global telematics market, boasting a 22.7 percent market share as of the first quarter of 2022 and recording a double-digit market share in the audio, video and navigation (AVN) market since last year.
“Leveraging the advanced core technologies and the strong partnership with the global manufacturers, we will continue to provide differentiated value to our auto-industry customers,” said Eun Seok-hyun, president of the LG VS Company.
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By Phaedrus
On an LG CX 55, two minutes into episode 4 -- "The Tomb" -- of the series Moon Knight on Disney+ there is a scene with statuettes in niches each lit by an oil lamp. As the flames flicker, dark blotches jump around some of the niche walls.
These are certainly unintended artifacts.
Can someone confirm wether this is a CX (only) issue?
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By Pat
Bought a new 65" Smart TV, all the preoaded apps You Tube, Netflix etc are restarting after couple of minutes with "this app will now restart to free up more memory" message.
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By News Reporter
Stunning Self-Lit Picture Quality of LG’s Unique, Rollable OLED Brought Renowned
Artist’s Exciting, New Work to Life at World’s Leading International Art Fair
SEOUL, June 20, 2022 — LG Electronics (LG) collaborated with Anish Kapoor1 to showcase the world-renowned British-Indian artist’s media artwork on LG SIGNATURE OLED R. Representing the perfect fusion of artistry and technology, Kapoor’s experiential digital art on LG’s sublime, self-lit TV was presented in collaboration with LISSON GALLERY in Basel, Switzerland during Art Basel 2022 from June 16-19.
With superior picture quality enabled by millions of self-lit pixels, LG OLED TV has become a favorite with the creative industries and innovative artistic practitioners worldwide. Its ability to capture the essence of the artist’s vision through vibrant, accurate color reproduction, complete with deep blacks and infinite contrast, make LG OLED2 the ultimate digital canvas. Add in the unique form factor of LG SIGNATURE OLED R, which pairs a rollable screen – an innovation made possible by LG OLED technology – with a timeless, minimalist design, and the stage is set for the most memorable art and viewing experiences imaginable.
One of the most important artists working today, Anish Kapoor is a sculptor known for his distinctive and often impressively-scaled installations, such as Cloud Gate (2004) in Chicago’s Millennium Park and Sky Mirror (2006) in New York’s Rockefeller Center. Noted for his use of abstract forms, rich colors and reflective surfaces, the artist has turned his attention to the two-dimensional in his unique collaboration with LG.
Kapoor’s new work takes the form of a short film that continues his decades of combining shape with luxurious, saturated colors that constantly and subtly shift from one mesmerizing hue to another. The work was paired with a specially-commissioned soundtrack that adds to the experiential nature of the piece; complementing the visuals shown on LG SIGNATURE OLED R while drawing viewers into ‘the moment,’ and at times, creating a sense of disorientation.
LG previously partnered with Anish Kapoor for his major exhibition at the Accademia Gallery in Venice last April. During the event, LG OLED evo TV G series models were used to display images of Kapoor’s most well-known sculptures and installations, leveraging LG’s OLED evo technology to faithfully reproduce the colors and textures – and convey the three-dimensionality – of his physical works.
To celebrate the latest LG-Kapoor collaboration, 10 editions of the LG SIGNATURE OLED R Anish Kapoor Edition will be meeting art lovers around the world via LISSON GALLERY, one of the leading galleries, which has worked with the artist for forty years.
LG continues to deliver enriching artworld experiences through hosting a series of exhibitions demonstrating the intrinsic link and undeniable harmony between art and technology. 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 OLED fans around the world to enjoy them at their convenience.
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1 Anish Kapoor is considered to be one of the most influential artists working today. Born in Mumbai, India in 1954, he now lives and works in London. His works are permanently exhibited in the most important collections and museums around the world from the Museum of Modern Art in New York to the Tate in London; at the Prada Foundation in Milan; at the Guggenheim Museums in Venice, Bilbao and Abu Dhabi. Recent solo exhibitions have been held at Pinakothek der Moderne, Munich, Germany (2020); Central Academy of Fine Arts Museum and Imperial Ancestral Temple in Beijing (2019); Fundación Proa, Buenos Aires (2019); Serralves, Museu de Arte Contemorânea, Porto, Portugal (2018); University Museum of Contemporary Art (MUAC), Mexico City (2016); Château de Versailles, France (2015); Jewish Museum and Tolerance Center, Moscow (2015); Gropius Bau, Berlin (2013); Sakıp Sabancı Müzesi, Istanbul (2013); Museum of Contemporary Art, Sydney (2012).
Anish Kapoor represented Great Britain at the 44th Venice Biennale in 1990 where he was awarded the Premio Duemila Prize. In 1991 he won the Turner Prize and has gone on to receive numerous international awards including the Praemium Imperiale in 2011 and Padma Bhushan in 2012. He received a CBE in 2003 and a Knighthood in 2013 for visual arts services.
Also renowned for his architecturally-scaled works, public projects include: Cloud Gate (2004), Millennium Park, Chicago, USA; Leviathan (2011) exhibited at 2011 Monumenta, Paris; Orbit (2012), Queen Elizabeth Olympic Park, London; Ark Nova, an inflatable concert hall created for Lucerne Festival, Japan (2013-) and Descension, (2014) most recently installed in Brooklyn Bridge Park, New York, USA (2017).
2 LG is committed to making life better through the power of art and technology. LG’s recent projects represent this commitment and celebrates the merging of technical essence and artistic creativity that has come to define LG and the unique value it continues to deliver.
LG OLED becomes a digital canvas for artists, with ‘self-lit’ being the core value of LG OLED. Through this technology, LG believes artists can express their imagination and create a new generation of digital art that were never before available. As a bridge that connects lifestyle with art, LG OLED will keep building a society where more people can relish art. To follow the journey of LG OLED ART, visit .
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By News Reporter
LG TV Owners in Over Forty New Countries Across Africa, Europe and
the Middle East Now Have Access to Anticipated Disney+ Content
SEOUL, June 14, 2022 — Disney+ app is now available on compatible LG TVs in over countries and territories across Africa, Europe and the Middle East. More LG TV owners can now enjoy in one convenient place the very best movies and shows from Disney, Pixar, Marvel, Star Wars, National Geographic and Star, as long as their TV runs webOS from 2017 or later.
To enjoy all of what the Disney+ service has to offer, LG customers can simply click the Disney+ icon on LG Home Launcher or press the Disney+ direct button on the LG Magic Remote and select their subscription type to start watching their favorite shows. Smoothly integrated into the webOS platform, the Disney+ app on LG TVs provides a seamless experience and an abundance of first-rate content to suit every taste and interest.
A wealth of superb on-demand content awaits on Disney+, the streaming service supplying access to hundreds of Disney+ Originals and thousands of episodes from The Walt Disney Company’s vast library along with a growing lineup of exclusive, original entertainment. Feature films, TV programs, short-form content and documentaries are all conveniently categorized, searchable and available to stream right now on the large screen at home.
With a number of Disney owned properties to choose from, including the Marvel Cinematic Universe and Star Wars, subscribers have no shortage of viewing options to explore. Disney+ brings subscribers a plethora of compelling choices such as Obi-Wan Kenobi, Marvel Studios’ Ms. Marvel, The Kardashians and much more.
LG TVs running webOS allow users to immerse into the nostalgia of all-time favorite stories or the excitement of live action. To bring the utmost detail out of each scene, LG OLED technology offers best-in-industry picture quality thanks to infinite contrast ratio and absolute black level made possible by OLED’s revolutionary self-lit pixel technology which does not require a backlight. Compatible with both Dolby Vision and Dolby Atmos, LG TVs deliver an outstanding viewing experience for the home.
What’s more, LG’s convenience-enhancing smart TV features, including ThinQ AI and the platform-wide LG universal search function, work seamlessly with Disney+.
Always striving to deliver the best user experience and content selection available, LG now offers the Disney+ app on compatible LG TVs in over ninety countries worldwide.
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