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By News Reporter
LG has been recognized for its leadership and continuing dominance of the OLED TV market. Celebrating a decade of excellence and customer experience innovation this year, LG OLED remains the top choice in the premium TV segment through its unmatched contrast which enables perfect blacks and true-to-life colors, as well as its unprecedented flexibility and thinness.
According to market research firm Omdia, LG topped the OLED TV market by a landslide in the first quarter of 2023, claiming approximately 60 percent of the market by total shipments.
LG OLED TVs are currently sold in over 130 countries, making them the most widely available OLED TVs in the world. Last year, the accumulated total shipments of LG OLED TVs (since their initial launch in 2013) exceeded 15 million units; making LG the first OLED TV maker to reach this impressive milestone.
Additionally, LG accounted for more than 70 percent of the market for ultra-large OLED TVs – 70 inches and above – in the first quarter. The company is reinforcing its strong position in the ultra-large premium TV segment with industry-leading solutions such as the 97-inch LG SIGNATURE OLED M (model M3), which is the world’s first consumer TV with a wireless solution capable of real-time video and audio transmission at up to 4K 120Hz.
LG’s combined shipments of OLED TVs and LCD TVs in the first quarter were about 5.5 million units, with OLED TVs making up 738,000 of that number. Further, LG owned a 17.1 percent share of the global TV market as of first quarter 2023, by revenue.1
The company’s share of the global TV market has dipped slightly this quarter compared to the same period in 2022. This is mainly due to waning global demand and LG’s increased focus on stock risk management. However, LG OLED TV sales have remained strong, representing more than 30 percent of the company’s total TV sales in the first quarter of 2023.
Meanwhile, total global TV shipments in the first quarter reached 46.52 million units, the lowest figure recorded since the same period in 2009. However, Omdia expects a recovery in the second half of 2023 and predicts shipments to reach 205.51 million units by year-end, a slight increase from last year.
The OLED TV segment is expected to enjoy an upswing as well. Omdia projects that OLED TVs will take 46.1 percent of the premium TV market (USD 1,500 and above) by revenue1 at the end of the year; up 10 percent from 2022 (36.7 percent market share). The rapid rise of OLED TVs is expected to accelerate as a result of more brands having entered the segment in recent years.2
LG offers an increasingly diverse lineup of OLED TVs, with various screen sizes – from 42 to 97 inches – 8K and 4K options, and distinctive designs to choose from. Boasting an array of convenient and image-enhancing features, the company’s OLED TVs deliver unique customer experiences and next-level viewing immersion.
LG’s premium OLED TV lineup also includes the LG OLED evo series, which offers brighter, more lifelike images and LG Lifestyle Screens, which couple stunning picture quality with distinctive designs that add a touch of refinement to any living space. This year, the company will be expanding availability of the LG OLED Objet Collection Posé – a member of the Lifestyle Screen family – to a total of 40 countries worldwide.
LG OLED has been honored at the annually held CES Innovation Awards for 11 consecutive years3 and has received wide praise from major publications, including several “Best TV of the Year” titles and countless claims of being “the best TV I’ve ever reviewed,” “a true Marvel” and “the king of TVs.”
LG has been working tirelessly for the past decade to realize the immense potential of OLED. Building on what it has achieved so far, the company will continue to create and innovate over the next decade, exploring more of the near limitless possibilities presented by its self-lit technology to deliver ever-greater customer value.
# # #
1 Revenue from sales to suppliers and retailers.
2 As of 2022, a total of 21 companies supplied OLED TVs (LG, Skyworth, Konka, Changhong, Panasonic, Vestel, Loewe, Grundig, Metz, Philips, Bang & Olufsen, Sony, Toshiba, Hisense, Funai, Vizio, Sharp, Xiaomi, Huawei, JVC, Samsung).
3 From 2013 to 2023.
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By desart1566
I noticed since the last update of WebOS, it defaults to a screen with apps along the bottom rather than HDMI1 as before on startup. Even after going into the input settings and selecting HDMI1, it stills defaults to the other screen on startup. When selecting HDMI1 on the inputs screen, it has a red dot in the corner, which I would assumes means that's the selected default. But again, this seems to be ignored this on startup.
Thanks.
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By Sherri H
“Voice not recognized” pops up on my screen when I have not, nor ever used the voice recognition. how do I get this to stop?
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By kerbe
I have six Sonos smart speakers in my home and WebOS recognizes them all as Media Servers, making it necessary to scroll to find the ACTUAL Media Server. Is is possible to set WebOS to NOT recognize the Sonos speakers as Media Servers?
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By News Reporter
With a Curved Screen and a 240Hz Refresh Rate, LG’s New Gaming Monitor Helps
Create an Expansive and More Responsive Gaming Environment
SEOUL, May 10, 2023 — LG Electronics (LG) has launched its newest UltraGear gaming monitor (model 49GR85DC), a curved 49-inch display with a 32:9 aspect ratio and an ultra-high 240Hz refresh rate. Like having two 16:9 monitors side by side, the impressive new model delivers the silky-smooth gameplay and top-notch picture quality needed for immersive gaming experiences. While designed with gamers in mind, the 49GR85DC is also suitable for productivity or viewing content thanks to its advanced multitasking functionality and extra-wide screen.
Featuring a 49-inch Dual QHD (5,120 x 1,440) resolution panel with a 1000R curvature, LG’s new UltraGear gaming monitor provides sharp, vibrant images that fill the user’s field of vision. The combination of the monitor’s generous screen width and 240Hz refresh rate1 helps create an expansive and more responsive game environment – making titles feel more real and dynamic. VESA DisplayHDR 1000 certified, the 49GR85DC also has a 3000:1 contrast ratio and a 1000-nit peak brightness2, producing vivid colors and deep, nuanced blacks. With its three-sided, virtually borderless design, the monitor enables users to stay focused as they battle their opponents or explore their favorite virtual worlds.
Not just for gaming, the 49GR85DC offers an array of multitasking features that let users take full advantage of its elongated 32:9 aspect ratio screen. The new UltraGear supports Picture-in-Picture (PIP) and Picture-by-Picture (PBP) modes. PIP mode lets users display content from a second connected device in a floating window, while PBP mode allows them to work with multiple open windows at the same time by conveniently dividing the screen into two discrete sections.
Important for users who enjoy PC and console gaming – and useful for multitasking as well – the new monitor provides connectivity via DisplayPort 1.4 and HDMI 2.1, both of which let users enjoy smooth gaming at 240Hz in Dual QHD resolution. Additionally, the curved UltraGear enhances the gaming experience with its LED Hexagon backlighting and support for DTS Headphone:X; an advanced audio solution that provides outstanding three-dimensional sound via wired headphones.
“As the gaming monitor market continues to mature and grow, so too does the demand for expansive displays offering high refresh rates and superb picture quality,” said Seo Young-jae, senior vice president and head of the IT business unit of LG Electronics Business Solutions Company. “Designed for gaming, but equally suited to multitasking, the new LG UltraGear is a versatile, premium display solution that shows our commitment and ability to satisfy the diverse needs of today’s consumers.”
Now available in the U.S., the new UltraGear gaming monitor will be launched in key markets throughout Europe this month and in Asia later this year.
Key Specifications:
LG UltraGear Gaming Monitor (49GR85DC)
Display Type VA (Vertical Alignment) Screen Size 49-inch Aspect Ratio 32:9 Resolution DQHD (5,120 x 1,440) Refresh Rate 240Hz1 Color Gamut DCI-P3 95% (typ.) Contrast Ratio 3000:1 Brightness 1000nit (peak)2, 450nit (typ.)
Response Time 1ms Gray-to-Gray (GtG) Curvature 1000R HDR VESA DisplayHDR 1000 Connectivity HDMI 2.1 x 2
DisplayPort 1.4 x 1
USB 3.0 x 1 Upstream
x 2 Downstream
4pole H/P out (DTS HP:X) Picture-in-Picture, Picture-by-Picture
Yes Stand Tilt: -5 to + 15°
Height: 110mm
Swivel: ± 15˚
Pivot: Not Available # # #
1 Gaming at 240Hz in Dual QHD resolution requires a PC with a graphics card that supports both HDMI 2.1 and DisplayPort 1.4.
2 HDR peak brightness guaranteed.
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Question
William W.
I am seeing some sort of a small white icon intermittently flashing at the top right of the screen while watching a 4K movie. I use this TV primarily for 4K movies. Changed batteries in remotes for: TV, LG amplifier, and LG dvd player. Cannot identify icon as it is not on long enough. WTF is it?
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