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Tag: LG

LG Showcases Latest Display Solutions Under Theme of “Life, Be Bloomed” at ISE 2023
Tech

LG Showcases Latest Display Solutions Under Theme of “Life, Be Bloomed” at ISE 2023

LG’s Advanced Display Innovations, Including 8K Micro LED, Feature in InteractiveExhibit Along With Immersive Media Art and Digitalized Spaces for Diverse Industries SEOUL, Jan. 31, 2023 — LG Electronics (LG) is presenting its cutting-edge digital signage solutions at Integrated Systems Europe (ISE) 2023, which opens today in Barcelona, Spain. The company’s full range of display solutions – including Micro LED displays, Transparent OLED Signage and LED displays – is exhibited across a number of digitalized spaces demonstrating use cases and applications for different industries, including retail, corporate, education and hospitality. Adopting the theme of Life, Be Bloomed for this year’s ISE, LG is presenting innovative display solutions that offer a world of possibilities and the power ...
Delivering Hope to Flood-Stricken Communities of Thailand
Tech

Delivering Hope to Flood-Stricken Communities of Thailand

Last year was a particularly harsh one for many families in Thailand, as severe floods devastated large areas of the northeast and central regions repeatedly over a prolonged four-month period. Phra Nakhon Si Ayutthaya, a central Thailand province steeped in ancient history, was one territory that was hit particularly hard by this unprecedented catastrophe. To restore and preserve the city’s infrastructure, historical locations and private homes damaged by this unforgiving natural disaster, LG Thailand initiated a range of activities that took full advantage of the company’s expertise and kind-hearted employees as it extended a helping hand to those in need. LG recruited a team of over 30 volunteers who worked diligently throughout the day to clear up as many of the smudges created by t...
LG Announces 2022 Financial Results
Tech

LG Announces 2022 Financial Results

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...