LG CEO AND CTO TO OUTLINE AMBITIOUS STRATEGY FOR THINQ AI AT IFA OPENING KEYNOTE
SEOUL, June 20, 2018 — LG Electronics (LG) Chief Executive Officer Jo Seong-Jin and Chief Technology Officer Dr. I.P. Park will deliver a joint opening keynote at IFA 2018 to outline their vision for LG’s ThinQ strategy for Artificial Intelligence. The first IFA keynote for both executives, titled Think Wise, Be Free: Living Freer with AI will be delivered on Friday, August 31, in Hall 26b at Messe Berlin.
With interest in all things AI at a peak, CEO Jo will provide his insight into how LG’s AI strategy will change customers’ lives based on its unique philosophy of an “open platform, open partnership and open connectivity”. Dr. Park will show how this technology comes to life in everyday products like refrigerators, TVs and washing machines, and how LG’s open AI strategy benefits consumers thanks to its focus of giving them both control and convenience.
“LG has been and continues to be a key global player in the field of artificial intelligence, which is why we are extremely pleased that Mr. Jo and Dr. Park will deliver the opening keynote at IFA this August,” said IFA Executive Director Jens Heithecker. “We are excited to have these gentlemen offer their vision of practical applications of artificial intelligence in transforming consumers’ lives.”
Mr. Jo, a 40-year veteran of LG, was an early believer that AI could be best harnessed for the consumer market through household appliances. Having had many significant leadership roles in LG’s home appliance business, Mr. Jo understood early on that because appliances were associated with “chores,” this was one area that was ripe for innovation. Mr. Jo is credited with being the first to commercialize Direct Drive (DD) motors, resulting in LG’s market-leading position in the washing machine category worldwide. As head of the LG business division responsible for all home appliances and climate control, Mr. Jo continued to invest in R&D to enhance LG’s portfolio and has continued this practice as vice chairman and CEO.
As CTO, Dr. Park’s top priority is to transform LG into a company that views AI as its top priority and future growth engine. A key part of this will see the CTO building wide-ranging and open partnerships both domestic and abroad, consistent with LG’s strategy of openness.
LG developed ThinQ at the end of 2017 to identify all of its home appliances, consumer electronics and services that utilize artificial intelligence. LG ThinQ products and services have the ability to employ deep learning and communicate with one another, utilizing a variety of AI technologies from other partners as well as LG’s own AI technology, DeepThinQ. A year ago, LG announced the opening of the Artificial Intelligence Lab in Seoul to bring together all its AI research in technologies that recognize, deduce and learn from voice, video and sensors. LG’s AI Lab has contributed to the development of the world’s first space-learning air conditioner as well as intelligent refrigerators, washing machines and robot vacuum cleaners.
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About LG Electronics, Inc.
LG Electronics, Inc. is a global innovator in technology and manufacturing with operations in more than 100 locations around the world. With 2017 global sales of USD 55.4 billion (KRW 61.4 trillion), LG is comprised of five companies ― Home Appliance & Air Solutions, Home Entertainment, Mobile Communications, Vehicle Components and Business-to-Business ― and is a world-leading producer of TVs, refrigerators, air conditioners, washing machines and mobile devices in addition to premium LG SIGNATURE products and ThinQ featuring artificial intelligence. For the latest news and information on LG Electronics, visit www.LGnewsroom.com.
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