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.
# # #
link hidden, please login to view
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?
By News Reporter
Named ‘Fitness Candy,’ New Company to Deliver Platform Providing Content,
Services and Products for a Fitter, Healthier Life at Home
SEOUL, June 30, 2022 — LG Electronics (LG) and SM Entertainment (SM), a leading entertainment group in South Korea, have launched Fitness Candy, a joint venture that will bring F.U.N – an acronym for First, Unique and New – user experiences to the fast-growing home fitness segment. LG and SM hold a 51 and 49 percent stake, respectively, in the company.
At the official launch ceremony of Fitness Candy, held today in Seoul, Korea, both partners shared their vision for delivering new and differentiated home fitness experiences. Combining their expertise in innovative consumer technology and cutting-edge entertainment, LG and SM aim to create a comprehensive lifestyle platform – complete with content, services and related products – to help people address their health and fitness needs at home.
LG will develop, operate and manage service platforms for Fitness Candy. As a global leader in user-friendly software and hardware solutions integrating advanced AI and data analysis capabilities, it will also be designing a new generation of home fitness devices prioritizing convenience, ease-of-use and F.U.N customer experiences. SM, which boasts a wide global fandom based on its diverse roster of talents, will contribute world-class content to encourage and challenge users of all fitness levels.
Planning and producing home fitness-related content and devices, Fitness Candy will operate via a subscription service-based app. Set to be released in September, the app will be available for installation in various operating systems and devices such as smartphones and smart TVs, providing interactive, personalized services that collect data from smart bands, cameras and exercise devices.
Fitness Candy provides content in six categories: strength training, core strengthening, high-intensity interval training (HIIT), dance, stretching and meditation. Content in each category will run for 10 to 40 minutes and will be updated weekly.
In close collaboration with SM, Fitness Candy is focused on creating content, not only limited to home fitness, that users can easily watch and enjoy. Encompassed by its slogan “Beyond Fitness, Sweet Life,” the company plans to secure a wealth of content such as sports, variety shows and documentaries, as well as content that helps with healthy diets, rehabilitation and stress relief.
The Fitness Candy platform will enable users to access a wide range of interactive fitness content featuring popular Korean celebrities, such as Fitness Candy ambassador and model , dancer , and actress . Various South Korean athletes, including triathlete , Taekwondo Olympic medalist , short track speed skater and former rugby player , actively participated in the content creation process, enabling the company to provide even more professional and entertaining content to users.
The company aims to introduce a variety of new devices that can be linked to its app, allowing users to enjoy content more effectively. One of them is a device that can recognize and track users’ movements thanks to the inclusion of LG’s AI camera and IoT platform. Connecting wirelessly to the user’s TV, the device allows for two-way communication, creating the ideal setup for virtual one-on-one coaching sessions and for participating in live-streamed exercise classes.
Fully utilizing LG’s innovative technologies such as AI, big data, motors and displays, the company also plans to develop products such as muscle strengthening devices, indoor bicycles and smart bands.
“We will transform LG’s business paradigm from function-oriented home appliances into a customer experience-oriented company, transforming into a company that provides smart life solutions to deliver the best customer experience,” said William Cho, CEO of LG Electronics. “Through Fitness Candy, LG’s innovative technology and SM’s content creating capabilities will converge to create differentiated smart life solutions that provide never-before-seen customer experiences.”
“The coming together of LG’s innovative technology and SM’s music, dance and various content that have paved the way for the future of K-pop is a great opportunity for the two companies to contribute to the global fitness and healthcare industry,” said Lee Sung-su, co-CEO of SM Entertainment. “Fitness Candy is a digital fitness content project that goes beyond simple diet experiences and, rather, empowers users to rediscover healthy fitness habits.”
# # #
link hidden, please login to view
I've just got a 55NANO80 TV and tried to set it up today.
I got through the set up as far as connecting via satellite, cable or aerial. This stumped me because I don't have any of these, as far as I know! I just have NOW TV. So, I pressed exit, thinking that the TV would skip trying to search for channels. The screen then flashed with vertical black and white lines and then went completely black.
I have tried to reset the TV and turn it off and back on. Nothing shows on the screen, so I cannot press the settings button or anything.
Have I been sent a dud TV or have I missed something really obvious? Any advice would be greatly appreciated.
Edit: I have turned Now TV on and the sound is coming through the television, but I still have no picture.
LG Electronics is set to launch a new Wee Web OS 2 according to documents leaked by LG insiders, it comes with a new gaming control dashboard that allows users to fully control games downloaded from Google’s Stadia and Nvidia’s gaming download service as well as a new chipset for third pary users.
The leak comes as the battle over smart TV operating systems intensifies, with brands such as Samsung, LG and Sony now raking in millions from a click of the ticket from consumers signing up to third party apps embedded on their TV’s.
The leaked LG Electronic document has given an insight into a new Wee Web OS 2 for OLED TV’s along with new gaming capabilities.
During the past decade over 100M Web OS TV’s have been sold with LG’s Smart TV base surpassing 160M in 2021 with up to 25M devices added yearly.
Connected TV Platform research shows that there is now 1.28 billion connected devices.
Samsung and their Tizen OS is on top with 12.7% share, LG and their Web OS is second with 7.3% share while Sony coming in third with 6.4% share.
Last year LG Electronics gave away their WebOS software to third party TV manufactures a move that allows the3m to collect more revenue from app sales available via their OS which undergoing a makeover so that more third-party apps can be integrated into their Web OS software.
ChannelNews has been told that several third-party TV manufacturers are set to move to the Samsung Tizen OS, after Samsung followed LG’s move with the offer of free smart TV software for third party manufacturers.
In the battle to get third-party brands to use their OS, LG is providing an SW turnkey solution to board manufacturers including the ability moving forward for brands to put their own logo on the top of the OS.
hey are also providing a video for manufacturers to use instore video to promote their TV brand running the LG WebOS software.
LG’s claims that they have 160 International broadcasters on board as well as close relationships with Microsoft, Dolby, and several other leading brands.
As part of their new offering LG is set to roll out a new ‘Full Home UX’ Magic Remote.
The new remote when activated immediately delivers a brand-new home screen with “enhanced usability” the document claims.
New listings include, Membership and Search, Recent Inputs, Home Dashboard, Frequently Viewed Channels, Web Browser, and CP Content previews.
Listed as coming is new gaming including Google Stadia and Geforce Now from Nvidia, Apple TV, Paramount +, as well as Fubo TV.
It also appears that Wee 2.0 is set to be powered by a new processor from Realtek.
The advantage of the new chipset is that sharpness and contrast are better optimised and memory use is reduced without compromising picture quality.
The new chipset also delivers ‘Super Resolution Upscaling” but only on OLED TV’s.
Also built in is Alexa voice control but not for the Australian market.
link hidden, please login to view