Tech

Highest Full-Year Revenue in LG Electronics’ History With Continuous Growth Based on Strong Fundamentals SEOUL, Jan. 27, 2023 — LG Electronics Inc. (LG) today announced full-year 2022 consolidated revenue of KRW 83.5 trillion with operating profit of KRW 3.6 trillion. In 2022, LG achieved its highest annual revenue ever – surpassing KRW 80 trillion for the first time in its history – increasing 12.9 percent over 2021, when sales exceeded KRW 70 trillion for the first time. The record sales reflect continuous growth based on strong fundamentals, although full-year profitability was impacted by challenging global economic conditions. The company’s revenue growth in 2022 was driven by strong demand for premium home appliances and automotive parts. For the seventh consecutive year, the appli...

New Video Camera Solution With LG webOS Facilitates ConvenientMedical Staff-Patient Interactions, Day and Night SEOUL, Jan. 26, 2023 — LG Electronics (LG) is unveiling its Smart Cam Pro (model AN-VC22PR), a 4K video camera designed for use in hospitals and healthcare centers. LG Smart Cam Pro delivers sharp, clear image quality with or without the lights on, allowing seamless video communications at any time of day or night. The new model also presents healthcare solution providers with customizability through the integration of LG’s versatile webOS platform. LG Smart Cam Pro incorporates a 4K RGB main camera and a 4K night vision camera, each offering crisp, ultra-high definition (3,840 x 2,160) images1 and 4x digital zoom. The device also implements LG’s HDR effect, which adjusts color...

Reliability of Software Upgrade Process for LG ThinQ UP Appliances Verified by Respected Global Safety Science Company SEOUL, Jan. 20, 2023 — LG Electronics (LG) announces that the software update process for its ThinQ UP home appliances recently received Software Update Process Verification from UL Solutions. LG’s first certification relating to software updates, the new verification confirms the reliability of feature update processing for products including LG’s ThinQ UP 27-inch washer, dryer and fridge and comes after the company’s Artificial Intelligence Direct Drive (AI DD) earned UL’s Algorithm Reproducibility Verification. Set to roll out globally this year after launching in South Korea in 2022, LG’s ThinQ UP products can be continuously upgraded with downloadable features via t...