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LG TO INTRODUCE OWN SMARTPHONE AI AT MWC 2018

New AI Functionalities Aligned Closely with
Needs and Usage Behavior of Today’s Consumers
Screenshot of the LG V30’s Vision AI, which can provide shopping advice through smart image recognition


SEOUL, Feb. 13, 2018 — LG Electronics (LG) will introduce the first of a suite of AI technologies for its smartphones at this year’s Mobile World Congress in Barcelona, Spain. The new technology will be featured in the 2018 version of the LG V30, LG’s most advanced flagship smartphone to date.

LG spent more than a year researching how AI should be implemented in smartphones, long before announcing LG ThinQ at CES 2018. This research focused primarily on making AI-based solutions with the objective to deliver a unique and more intuitive user experience, focusing on the camera and voice recognition. The result is a suite of AI technologies that is aligned closely with the needs and usage behavior of today’s users.

Vision AI: Next Generation Image Recognition
On top of an already impressive list of camera features that include dual lenses, wide-angle low-distortion lenses, and the all-glass Crystal Clear Lens, Vision AI makes the camera of the LG V30 even smarter and easier to use.

Vision AI automatically analyzes objects and recommends the best shooting mode from among eight modes: portrait, food, pet, landscape, city, flower, sunrise, and sunset. The angle of view, color, reflections, backlighting, and saturation levels are all taken into consideration as the phone analyzes images in its database to determine what the camera is focusing on in order to recommend the best setting. For example, pointing the camera at a plate of pasta will result in food mode being invoked, resulting in warmer colors and heightened sharpening for the most appetizing shot possible.

LG collaborated with a partner in image recognition to analyze over a 100 million images in order to develop the phone’s image recognition algorithms. Over one thousand unique image categories were created for more accurate image analysis, resulting in better shooting mode recommendations.

Another feature of Vision AI provides shopping advice through smart image recognition. By simply pointing the camera at an object, LG’s Vision AI can automatically scan QR codes, initiate an image search or provide shopping options including where to purchase the item for the lowest price and other similar products that the customer might find of interest.

A new low-light shooting mode automatically brightens images in dim environments by a factor of two. Instead of conventional methods of measuring external light levels, Vision AI instead measures the brightness of the actual image that will be recorded, resulting in brightness levels that are adjusted much more accurately.

Voice AI: LG-Exclusive Voice Commands
Another new feature is Voice AI that allows users to run apps and change settings through voice commands alone. Working alongside Google Assistant, the 32 LG-exclusive Voice AI commands – up from 23 commands in 2017 – Voice AI eliminates the need to search through menu options and allows for direct selection of specific functions.

LG Exclusive Voice Commands for Google Assistant

                                                                                                               VOICE COMMAND
                                               FEATURE                                    (PRECEDE WITH “OK GOOGLE”)
1                                     Wide-angle photo                                Take a picture on a wide angle
2                                     Wide-angle selfie                                 Take a selfie on a wide angle
3                                     Wide-angle video                               Record a video on a wide angle
4                                Wide-angle selfie video                       Take a selfie video on a wide angle
5                                          Cine Video                                        Open camera on Cine Video
6                                   Expert Photo Mode                              Open camera on a manual mode
7                                   Expert Video Mode                              Open camera on a manual video
8                                Cine Video (Romantic)                              Take a romantic Cine Video
9                             Cine Video (Melodramatic)                     Take a melodramatic Cine Video
10                                 Cine Video (Thriller)                                 Take a thriller Cine Video
11                                Cine Video (Beauty)                                   Take a beauty Cine Video
12                            Cine Video (Blockbuster)                  Take a summer blockbuster Cine Video
13                       Cine Video (Romantic Comedy)              Take a romantic comedy Cine Video
14                           Cine Video (Documentary)                        Take a documentary Cine Video
15                              Cine Video (Landscape)                              Take a scenery Cine Video
16                                  Cine Video (Drama)                                 Take a drama Cine Video
17                               Cine Video (Historic)                                Take a historical Cine Video
18                               Cine Video (Mystery)                                  Take a mystery Cine Video
19                                  Cine Video (Noir)                                         Take a noir Cine Video
20                                Cine Video (Classic)                                    Take a classic Cine Video
21                              Cine Video (Flashback)                              Take a flashback Cine Video
22                                Cine Video (Pop Art)                                   Take a pop art Cine Video
23                              Expert Mode (Graphy)                                Open camera with Graphy

NEW FOR 2018

24                                  Panoramic Photo                                                        Pending
25                                      Food Photo                                                              Pending
26                           Time-lapse Photo (Video)                                                Pending
27                                Slow-motion Video                                                      Pending
28                                  Low-light Photo                                                         Pending
29                                    AI Cam Photo                                                           Pending
30                                     Image Search                                                           Pending
31                                QR Code Scanning                                                       Pending
32                                  Shopping Search                                                        Pending


Upgrading and Expanding Smartphone AI
LG’s strategy for smartphones is to continue expanding its AI capabilities while also refining existing features to make them more convenient to use. Certain AI features will not be limited to new LG models only, but also to existing LG smartphones via over-the-air updates, taking into consideration various hardware specifications and stability of LG smartphone models for maximum user experience.

“As we communicated last month at CES, the future for LG lies in AI, not just hardware specs and processing speeds,” said Ha Jeung-uk, senior vice president and business unit leader for LG Electronics Mobile Communications Company. “Creating smarter smartphones will be our focus going forward and we are confident that consumers will appreciate the advanced user experience with the enhanced V30 that many have been asking and waiting for.”

Attendees of MWC 2018 are encouraged to visit LG’s booth in Hall 3 of Fira Gran Via from February 26 until March 1 for more information.

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LEADING DIGITAL SIGNAGE PRODUCTS FROM LG DELIVER OPTIMIZED VERTICAL SOLUTIONS FOR BUSINESSES

LG Unveils Diverse B2B Portfolio at ISE 2018
Including Transparent, Open Frame OLED and Video Walls

A view of the LG Transparent OLED signage displayed at ISE 2018.

AMSTERDAM, Feb. 5, 2018 — At Integrated Systems Europe (ISE) 2018, LG Electronics (LG), the global leader in OLED products, will offer optimal vertical solutions adaptable to any business environment such as retail, public spaces and offices. Futuristic, versatile displays including Transparent OLED, Open Frame OLED, OLED Video Wall with ultra-slim bezels and other amazing new products will capture the imagination of ISE attendees.

The centerpiece of LG’s ISE booth is its 55-inch Transparent OLED Signage, a state-of-the-art product that will have visitors marvelling at the razor-thin bezels and elegant form factor. But the most amazing aspect of this advanced product is its transparent OLED display. This unique technology is especially impressive in retail environments and art galleries where products can be placed behind video or special effects displayed on the Transparent OLED Signage.

At ISE 2018, LG Open Frame OLED displays will demonstrate their capabilities in the form of the breath-taking Canyon Attractor, comprised of 60 Open Frame OLED displays in concave and convex configurations. These digital screens are ideal for illustrating OLED’s customizable form factor and superb picture quality. The shape and size of Open Frame OLED displays can be tailored for multiple uses in any industry, such as large-scale video installations and informational displays designed to fit the contours of any commercial space.

Another highlight of LG’s booth at ISE 2018 will be the 0.6mm-thin Even Bezel Video Wall which offers a seamless and immersive viewing experience. Its ultra-narrow bezels minimize distractions, making this product ideal for advertising high-end products in fashion and beauty. LG is also showcasing a digital signage video wall capable of delivering 1,500 nits of brightness for exceptionally clear and bright images, great for spaces with high luminance.

LG’s versatile digital signage products offer optimal vertical solutions adaptable to any business environment and LG has enhanced this capability to deliver the most advanced signage solutions for transportation. LG’s flight information display systems (FIDS) come in a wide range of sizes and orientation. An advanced anti-reflection feature allows passengers to see accurate flight information at a glance without distracting reflections.

LG’s 86- and 88-inch Ultra Stretch displays are perfect for conveying directional information or inspection notices in multiple foreign languages with its stretched form. Advanced IPS Interactive Digital Boards (IDB) with UHD picture quality deliver business efficiency with powerful, collaborative tools. LG’s IDB have advanced touch-enabled interfaces with precise writing performance that allows for multiple users to write simultaneously and freely share ideas with intuitive touch technology for maximum productivity and convenience.

LG will also showcase a 65-inch UHD video conference solution, which was developed in partnership with Cisco. This advanced B2B solution combines LG’s know-how in premium UHD displays and Cisco’s industry-leading technology.

For an extra touch of class for hotel guests, the award-winning OLED Wallpaper TV delivers an instant upgrade to any overnight stay. The Gallery Mode puts artwork in the comfort of a guestroom with superb picture quality. Hotel management will also appreciate the TV’s Pro:Centric® smart platform, which supports simple editing tools for customizing content according to each establishment’s needs. And in-room IoT solutions based on LG’s Smart Hotel TV means that hotel guests can control wireless curtains, door locks, lights, among others, with the Pro:Centric Direct user interface.

“We are extremely proud of our leadership in the global B2B signage industry but even more proud that we are able to consistently offer such creative solutions for our vertical customers,” said Koo Kwang-mo, head of the Information Display business unit of LG Electronics B2B Company. “Our top priority is to be able to offer high value practical and effective solutions to a wider audience that includes retail, government, hospitality, education and transportation industries.”

Also at LG’s ISE 2018 booth will be a diverse range of key display products including In-glass Wallpaper OLED Signage, Ultra Stretch, High Brightness Signage, 1.5mm Pixel-pitch LED Signage and Transparent Color LED film.

 

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LG AND HONEYWELL DEMO AUTOMOTIVE CYBERSECURITY SOLUTION

Technology Leaders Working Together on Detection, Protection and Reporting Software

Logo of LG Electronics

PLYMOUTH, MICH. and SEOUL, Jan. 31, 2018 — Honeywell (NYSE: HON) and LG Electronics Inc. (KSE: KRX) signed a memorandum of understanding to develop a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology. The two companies showcased a collaborative cybersecurity solution at the 2018 Consumer Electronics Show in Las Vegas earlier this month, and at the recently concluded 2018 North American International Auto Show in Detroit.

The collaboration between LG and Honeywell is focused on providing automakers a next generation cybersecurity solution for system communications within the vehicle as well as the increasing amount of external communications via cellular and satellite connectivity.

The two companies are focused on the unserved needs of the auto industry to cover the entire cybersecurity chain from individual gateway protection through threat monitoring of fleets. The solution to be developed by the collaboration will integrate LG’s intrusion, detection and protection software (IDPS) technology for securing vehicle hardware from external attacks with Honeywell’s IDPS solutions for securing internal vehicle communication and control networks along with its security monitoring and analytics capabilities for security operation centers.

The collaborative solution helps ensure passenger vehicle safety and security by identifying and validating software commands and data generated by the more than 100 million lines of code governing modern vehicle operation. LG’s electrical gateways and security modules, telematics control unit (TCU), and electronic control unit (ECU) can be an effective toolset for detecting and reporting anomalies preceding a mechanical failure or intentional hack of the vehicle. Honeywell’s software detects anomalies and protects in-vehicle network traffic, when the global security operation centers receive captured data transmitted in either real time or via a scheduled download. These security centers monitor large fleets to provide analytics coupled with an understanding of underlying issues to provide effective remediation options to the auto maker.

Honeywell’s team of software experts and solutions combine more than 60 years of automotive domain experience as a leading global Tier 1 automotive supplier with useful Honeywell experience in critical industrial safety applications. Its automotive software enables real-time vehicle performance diagnostics that can help increase vehicle reliability and up to a 5 percent reduction in warranty costs.

LG’s vision in automotive components business is to become an innovation partner for vehicle electrification by using accumulated know-how from the consumer electronics industry. Vehicle components is LG’s fastest growing business and is expected to play a major role in the future growth of the company. With a wealth of experience in mobile communications, home appliances, consumer electronics and connected vehicles, LG plans to lead the next-generation vehicle components market through collaboration with Honeywell’s differentiated technologies.

Executive Quotes
“LG Electronics has recognized the importance of automotive cybersecurity as cars are increasingly connected to external networks to provide rich services to end users. In order to provide secure products to our OEM customers, we have been heavily investing on cybersecurity of both software and hardware and offering highly secure products to our OEMs. We have experience in providing various automotive security solutions for ECU/TCU and external network protection. By integrating Honeywell’s security software with LGE’s security solutions, we expect to provide next generation cybersecurity solution that protects entire vehicle from external and internal networks as well as the ECU/TCU system and application layers.”
Lee Woo-jong, president of the Vehicle Components Company of LG Electronics

“There are more than a dozen clearly defined attack surfaces which can provide points of entry for hacking into a passenger vehicle, and the number is growing fast. We are supporting our OEM customers with our differentiated software platform to address the cybersecurity challenge inherent to connected and autonomous vehicle development. We are developing a network of partners and collaborating specifically with LGE to ease the integration work for our customers and provide a comprehensive cybersecurity solution.”
Olivier Rabiller, Honeywell Transportation Systems president and CEO

 

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LG TO BRIGHTEN CONSUMERS’ LIVES IN 2018 WITH UNIQUE AND EXCITING SMARTPHONE COLORS

Moroccan Blue, Lavender Violet and Raspberry Rose
Available Across LG V30, G6 and Q6 RangeThe front and rear view of the LG G6 in Raspberry Rose, Moroccan Blue and Lavender Violet

SEOUL, Jan. 30, 2018 — LG Electronics (LG) will make the LG V30’s popular color options of Moroccan Blue, Lavender Violet and Raspberry Rose available on the LG G6 smartphone and Moroccan Blue, Lavender Violet for the LG Q6, giving consumers more beautiful options than ever before.

With the world’s first 18:9 aspect ratio screen on a smartphone, the LG G6 and its 5.7-inch FullVision display was specially designed to be comfortably held in one hand. With three new colors joining Astro Black, Ice Platinum, Mystic White, Terra Gold and Marine Blue, the LG G6 will look great in anyone’s hand. The LG Q6, popular for its large display and premium features at an affordable price point, comes in seven color options with Moroccan Blue and Lavender Violet joining Astro Black, Ice Platinum, Mystic White, Terra Gold and Marine Blue.

With the introduction of the new LG G6 and LG Q6 colors, consumers have more options than ever before in finding a smartphone that best expresses their individuality. The sophisticated hue of Moroccan Blue was inspired by the beautiful blue buildings in the city of Chefchaouen, Morocco. The silvery, romantic shade of Lavender Violet was developed to appeal to both men and women who appreciate the finer things in life. Raspberry Rose offers a strong color saturation that is unique among current smartphones and was designed with anniversaries, graduation ceremonies and Valentine’s Day in mind.

“LG is focusing on producing smartphones that are both high quality and emotionally expressive,” said Park Hee-uhk, vice president and head of product planning for LG Electronics’ Mobile Communications Company. “We want customers to be able to express their distinct personalities through LG’s unique and diverse range of color options.”

The new colors will first roll out in Korea for the LG G6 and LG Q6 in February 2018 followed by key markets worldwide. Additional details, including pricing and release dates, will be announced locally.

 

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LG ANNOUNCES 2017 FINANCIAL RESULTS

Strong Profitability and Highest Annual Sales Ever
Led by Performance of Premium Home Appliances and TVs

A picture of LG Twin Towers in the daytime

SEOUL, Jan. 25, 2018 — LG Electronics Inc. (LG) today announced record full-year revenues for 2017 of KRW 61.4 trillion (USD 55.4 billion), an increase of 10.9 percent from the previous year, the highest in the company’s history. Full-year 2017 profits of KRW 2.47 trillion (USD 2.23 billion) – the highest profit since 2009 – increased 85 percent from 2016 due in large part to strong performance by premium home appliances and TVs. Fourth-quarter 2017 revenues grew 15 percent versus 2016 to KRW 16.96 trillion (USD 15.3 billion), generating strong operating profits of KRW 366.8 billion (USD 330.9 million).

The LG Home Appliance & Air Solution Company reported full-year 2017 revenues of 19.23 trillion (USD 17.34 billion), a 11 percent increase from the previous year, reflecting strong demand for premium products such as TWINWash washing machines, InstaView refrigerators and energy-efficient home appliances. Fourth-quarter 2017 revenues of 4.33 trillion (USD 3.91 billion) rose 7 percent from the same period the previous year, with sales in Korea up 27 percent year-over-year. Quarterly operating income declined to KRW 80.7 billion (USD 72.8 million) because of increased marketing expenses related to LG SIGNATURE, infrastructure investments in North America and R&D expenditures related to AI appliances and robots.

The LG Home Entertainment Company reported full-year revenues of KRW 18.67 trillion (USD 16.85 billion), a 7 percent increase from the previous year. Strong full-year operating profit of KRW 1.57 trillion (USD 1.41 billion) reflected the continued growth in demand of premium LG OLED and UHD TV products. Fourth-quarter 2017 sales were strong, up 14 percent year-over-year to KRW 5.48 trillion (USD 4.94 billion), thanks to increasing demand for LG premium TVs. Operating income for the quarter increased 134 percent from the same period 2016 to KRW 383.5 billion (USD 345.96 million).

The LG Mobile Communications Company posted full-year sales of KRW 11.67 trillion (USD 10.52 billion) despite a challenging marketplace and strong competition from Chinese brands. Fourth-quarter revenues increased to KRW 3.07 trillion (USD 2.77 billion), while the quarterly operating loss narrowed to KRW 213.2 billion (USD 192.33 million) due to strong sales of the LG V30 and other premium smartphones and an improved business structure.

The LG Vehicle Components Company posted solid full-year sales of KRW 3.49 trillion (USD 3.15 billion), an increase of nearly 26 percent from the previous year, and quarterly sales of KRW 856.7 billion (USD 772.8 million), down slightly from the same period a year earlier. The company’s fourth-quarter 2017 profitability declined due to a temporary decrease in sales in the infotainment business and investments in new business. Growth of the global electric vehicle market is expected to generate additional demand for components in 2018.

2017 4Q Exchange Rates Explained

LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending December 31, 2017. Amounts in Korean won (KRW) are translated into U.S. dollars (USD) at the average rate of the three-month period of the corresponding quarter — KRW 1,108.51 per USD.

Earnings Conference and Conference Call

LG Electronics will hold an English language conference call on January 26, 2018 at 09:00 Korea Standard Time (00:00 GMT/UTC). Participants for the English conference call are instructed to call +82 31 810 3061 and enter the passcode 9084#. The corresponding presentation file will be available for download at the LG Electronics website (www.lg.com/global/ir/reports/earning-release.jsp) at approximately 16:00 on January 25, 2018. Visit http://pin.teletogether.com/eng and pre-register with the passcode provided. For those unable to participate, an audio recording of the news conference will be available for a period of 30 days after the conclusion of the call. To access the recording, dial +82 31 931 3100 and enter the passcode 142890# when prompted.

 

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LG ELECTRONICS EARNS CES 2018 BEST TV PRODUCT HONORS FOR LG AI OLED TV

Global Leader and Technology Innovator Receives Over 90 CES Awards
Across Home Appliance, Home Entertainment and Mobile Categories

Models pose with the awards from Engadget, T3, Techlicious and more after LG won Best TV product honors at CES 2018.

SEOUL, Jan. 16, 2018 — LG Electronics (LG) was honored with more than 90 awards at CES® 2018, led by the Official CES Best TV Product Award for the fourth consecutive year, this time for the new LG AI OLED TV (model C8). LG also earned numerous best-of-show honors for the LG InstaView ThinQ™ Refrigerator and LG 4K UHD Projector.

LG received top accolades from Engadget, The Verge, Digital Trends, Mashable, SlashGear, TechRadar, Pocket-lint, T3, Stuff Magazine and others in addition to 19 CES Innovation Awards from the Consumer Technology Association – including the Best of Innovation Award for the LG 4K UHD Projector – across home appliance, home entertainment and mobile communications categories.

LG’s 2018 innovations unveiled at CES include home appliances and home entertainment products with LG ThinQ AI including the first TVs with the Google Assistant built-in, most notably the LG SIGNATURE AI OLED TV W8 featuring ThinQ which won more than 10 awards at CES. The LG InstaView ThinQ Refrigerator followed in award wins, offering a streamlined food management system through LG’s webOS platform and Amazon Alexa integration that makes shopping for groceries, playing music, checking the weather, managing your calendar and more, simple. LG also debuted the revolutionary new α (Alpha) 9 intelligent processor that further enhances performance of its flagship LG AI OLED TVs and revealed the outstanding LG V30 smartphone in a brilliant new Raspberry Rose color.

Top awards earned by LG at CES 2018 include:

LG AI OLED TV C8: Engadget: Best of CES – Best TV Product / Reviewed.com: CES Editors’ Choice Awards

LG SIGNATURE AI OLED TV W8 with ThinQ / α (Alpha) 9 Processor: Consumer Technology Association 2018 CES Innovation Awards: Video Displays / Pocket-lint: Best TVs of CES / Techlicious CES Top Picks / TechRadar: The Best Tech at the Show / TWICE: Picks Awards

LG InstaView ThinQ Refrigerator: BGR: Best of CES / Consumer Technology Association 2018 CES Innovation Awards: Home Appliance / Gadgetmatch: Best of CES / Gear Diary: Best of CES / Reviewed.com: CES Editors’ Choice Awards / TWICE: Picks Awards

LG 4K UHD Projector: 9 to 5 Toys: Best of CES / Consumer Technology Association: 2018 CES Innovation Awards – Best of Innovation / TWICE: Top Picks Awards

LG 34-inch 5K UltraWide Monitor: MacRumors: CES 2018 – Best of CES Unveiled / SlashGear: Best of CES / The Verge: Awards at CES

LG V30 Smartphone: Consumer Technology Association 2018 CES Innovation Awards: Wireless Handsets and Accessories / Videomaker: Best Smartphone of CES

For a complete list of LG’s CES 2018 awards and accolades and additional information about LG’s products at CES please visit www.LGnewsroom.com/ces2018.

 

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