High Performance, Strong Profitability Reflect Progress in Advancing Business Portfolio, Accelerating B2B Business and Procuring New Growth Engines
The World's first 97-inch M3 wireless OLED TV, the LG SIGNATURE OLED M Makes its Grande-sized Debut in Hong Kong
LG MAGNIT 136-inch Micro LED screen also Presented for the First Time, Creating an Overwhelming Visual Impact on a Remarkable Screen Size
LG PuriCare™ AeroFurniture Bored Ape Edition Explores Popular Cultural Expressions of NFT Art
(30 June, 2023 – Hong Kong) LG Electronics Hong Kong (LG) is committed to developing screen technology that surpasses market expectations and sets new standards. As the World's No.1 OLED TV Brand for 10 consecutive years , LG today announces the launch of its 2023 LG OLED TV series, including: LG SIGNATURE 8K OLED evo Z3 series, which combines LG's self-lit technology with leading-edge real-life 8K resolution; the affordable, evolved OLED evo C3 series; and high-performing OLED G3 evo series, with a display inspired by the exquisite representation of wall-mounted artworks as seen in world-class art galleries.
In addition to fully-upgraded LG OLED evo technology as seen across the models, LG’s new α9 AI processor Gen6 delivers higher levels of brightness, color accuracy and detail. The new series are equipped with LG’s elegant and quick-performing webOS 23 Smart system, providing a personalized user experience that caters to individual entertainment and user needs, as part of LG’s goal of improving quality of life at home.
SEOUL, April 27, 2023 — LG Electronics Inc. (LG) today announced first-quarter 2023 revenues of KRW 20.4 trillion, the second highest first-quarter revenue, with operating profit of KRW 1.5 trillion, the third highest first-quarter profitability in company history. The record sales reflect the company’s actions to fundamentally improve its business structure and operational efficiency, while profitability was impacted by challenging global economic conditions.
(23rd March, 2023 – Hong Kong) In recent years, LG has been actively participating in global and local art events. With last year’s participation in Digital Art Fair Xperience Hong Kong as the Exclusive Screen Partner, as well as being the Preferred Screen Partner in Fine Art Asia 2022, LG has been widely recognized for supporting the work of artists and art appreciation among the general public with its use of exceptional display screen technology. Stepping into 2023, LG is about to embark on a new phase of its art journey, joining forces with a group of internationally-renowned art partners to bring a series of digital artworks to art lovers in Hong Kong and around the world. This journey includes a joint collaboration with virtual digital artist MonoC and Rosewood Hong Kong; a visual trek across thousands of years, cultures and media forms at Fine Art Asia Pavilion at Art Basel Hong Kong; and participation in French May Arts Festival 2023 through the launch of a new 2023 OLED TV collection, with the concept "Virtually Versailles".
SEOUL, Jan. 13, 2022 — Making a triumphant return at this year’s CES®, LG Electronics (LG) took home its most awards ever compared to previous years – with more than 220 recognitions honoring top innovations across its home appliance and home entertainment categories.
LAS VEGAS, Jan. 4, 2023 — LG Electronics (LG) today held its press conference, LG World Premiere, at the Mandalay Bay Convention Center in Las Vegas, Nevada, USA. Under the theme of Life’s Good, CEO William Cho shared the company’s continuous efforts to create innovation for a better life and ensure a sustainable future for all.
SEOUL, Oct. 28, 2022 — LG Electronics Inc. (LG) announced third-quarter 2022 con-solidated revenues of KRW 21.2 trillion, an increase of 14.1 percent from the same quarter last year and the highest quarterly revenue in the history of LG Electronics. Op-erating profit for the third quarter was KRW 746.6 billion, 25.1 percent higher than the same quarter last year.
BERLIN, Sep. 1, 2022 — At IFA 2022, LG Electronics (LG) is showcasing a diverse range of smart life solutions designed to meet the needs and tastes of consumers in a changing world. Under the exhibition theme of ‘Life, Reimagined,’ the company is presenting its cutting-edge consumer-centered innovations products and services that bring new possibilities and experiences to daily life.