LG presenterar världens första ihoprullbara TV

Pressmeddelanden   •   Jan 08, 2019 09:48 CET

En revolutionerande formfaktor, ThinQ AI och andra generationens Alpha 9-processor definierar framtidens TV-tittande

LG:s senaste innovationer inom TV och ljud tar hem flera utmärkelser under årets EISA Awards

Pressmeddelanden   •   Aug 15, 2019 12:55 CEST

Fortsätter företagets långa historia av erkännanden från världens största samarbete av konsumentelektronikpublikationer

LG ANNOUNCES SECOND-QUARTER 2019 FINANCIAL RESULTS

Pressmeddelanden   •   Jul 30, 2019 14:30 CEST

LG Electronics Inc. (LG) today announced record second quarter and first half revenues with consolidated sales of KRW 15.63 trillion (USD 13.40 billion) and operating profit of KRW 652.3 billion (USD 559.4 million) for the period covering April-June 2019. Compared to the same period last year, sales were 4.1 percent higher with operating income down 15.4 percent. Record home appliance profits and strong business solutions profitability offset smaller operating income for home entertainment products and losses from vehicle components and mobile communications.

The LG Home Appliance & Air Solution Companyreported record sales of KRW 6.10 trillion (USD 5.23 billion) in the second quarter, the highest for the business unit in the history of LG Electronics. Revenue growth was especially strong in Korea and regions such as North America, Europe and the Middle East, increasing 16.1 percent from the second quarter of 2018. Operating income of KRW 717.5 billion (USD 615.3 million) was the highest ever for the April-June period. The business unit recorded strong profitability on the back of stable growth, increased sales of high demand products such as air conditioners and continuous cost reduction activities.

The LG Home Entertainment Company generated second-quarter revenues of KRW 3.67 trillion (USD 3.15 billion), a decrease of 4.5 percent from the same period the previous year due to a decline in demand in regions such as Europe and Latin America where major sporting events in the second quarter of 2018 generated strong sales. Operating income of KRW 205.6 billion (USD 176.3 million) declined from the previous quarter due to higher investments in light of greater competition in key markets and exchange rate depreciation. The business unit expects to see a growth in demand in premium products such as OLED TVs, NanoCell TVs and large-screen Ultra HD TVs next quarter.

The LG Mobile Communications Company recorded second-quarter 2019 sales of KRW 1.61 trillion (USD 1.38 billion), 21.3 percent lower than the same period last year due to stagnant demand in the smartphone market and continued aggressive pricing by Chinese brands. Sales increased 6.8 percent from the first quarter but the business united reported an operating loss of KRW 313 billion (USD 268.4 million) as a result of higher marketing investment to support the launch of new models and additional costs related to relocating smartphone production to Vietnam. The introduction of competitive mass-tier smartphones and growing demand for 5G products are expected to contribute to improved performance in the third quarter.

The LG Vehicle Component Solutions Company posted quarterly revenues of KRW 1.42 trillion (USD 1.22 billion), an increase of 63 percent from the second quarter last year. Strong sales of infotainment products and an increase in demand for electric vehicle components resulted in the stronger sales. An operating loss of KRW 55.80 billion (USD 47.8 million) was primarily due to initial production expenditures related to the ramp up of new projects and delays in setting up manufacturing of new applications such as center information displays (CID). In the quarters ahead, the company will focus on stabilizing the supply of components to major customers and prioritizing cost reductions related to new projects.

The LG Business Solutions Company reported second-quarter sales of KRW 675.5 billion (USD 579.29 million), 14.8 percent higher than the same quarter the previous year and 8 percent higher than the previous quarter due to greater demand for LED and OLED commercial display products and solar panels in Europe and the United States. Operating income of KRW 58.1 billion (USD 49.82 million) was 49 percent higher year-on-year and 4.7 percent higher quarter-on-quarter mostly through improved efficiencies in cost and productivity. Going forward, growth in both information displays and solar modules are expected to remain strong.

2019 1Q Exchange Rates Explained

LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending June30, 2019. 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 1,166.09 per USD.

Earnings Conference and Conference Call

LG Electronics will hold an English language conference call on July 31, 2019 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 July 30, 2019. 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 142950# when prompted.

About LG Electronics, Inc.

LG Electronics Inc. is a global innovator in technology and manufacturing with operations in 140 locations and a workforce of over 70,000 around the world. With 2018 global sales of USD 54.4 billion, LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. LG is a world-leading producer of TVs, refrigerators, air conditioners, washing machines and mobile devices, including premium LG SIGNATURE and LG ThinQ products featuring artificial intelligence. For the latest LG news, go to www.LGnewsroom.com.

Record-High Sales for Home Appliance Unit, Strong B2B Profitability

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Let’s Leave a Better Foodprint tillsammans med LG

Pressmeddelanden   •   Jun 27, 2019 11:30 CEST

LG vill inspirera till ett minskat matsvinn och genom det bidra till en positiv skillnad för klimatet. Genom att sprida kunskap om råvarors hållbarhet och den mest effektiva kylskåpsförvaringen får konsumenten rätt verktyg att bättre ta tillvara på maten och på så sätt ge den längre hållbarhet, vilket i sin tur leder till att mindre mängder mat slängs.

LG premiärvisar världens första IPS-bildskärm för gaming med svarstid på 1ms*

Pressmeddelanden   •   Jun 11, 2019 09:00 CEST

Nya UltraGear med Nano IPS-teknik är drömskärmen för alla gamers och ger ojämförbar bildkvalitet och blixtsnabb GTG-svarstid på 1ms

LG SIGNATURE – elegant perfektionism

Pressmeddelanden   •   Maj 27, 2019 09:30 CEST

Nu utökar LG sin mest eleganta produktserie med vitvaror. LG SIGNATURE är utvecklade för kunder som inte vill kompromissa mellan funktion och form. Toppmodern teknik möter tidlös, elegant design med exklusiva materialval i företagets hyllade produktserie.

LG ANNOUNCES FIRST-QUARTER 2019 FINANCIAL RESULTS

Pressmeddelanden   •   Maj 03, 2019 08:00 CEST

LG Electronics Inc. (LG) today announced consolidated sales of KRW 14.92 trillion (USD 13.27 billion) and operating profit of KRW 900.6 billion (USD 801.25 million) for the first quarter of 2019.

HBO Nordic - nu på alla LG-TV med webOS

Pressmeddelanden   •   Apr 01, 2019 10:37 CEST

Nu kommer HBO Nordic-appen till alla LG:s TV-modeller med smart-TV-plattformen webOS. Detta gör att tittare kan njuta av det stora utbudet av serier och filmer på HBO Nordic* direkt i sin LG TV.

LG Electronics visar sitt breda utbud av bildskärmar på Dustin Expo 2019

Pressmeddelanden   •   Mar 21, 2019 10:32 CET

Oavsett vilka krav du har på en bildskärm så finns det en modell från LG som tillmötesgår dem. På Dustin Expo 2019 visar LG upp 4K-skärmar, 5K-skärmar och superbreda modeller i 32:9-format.

LG startar den globala utrullningen av 2019 års TV-modeller

Pressmeddelanden   •   Mar 12, 2019 10:57 CET

Nya OLED-TV baserade på deep learning-teknik stärker LG:s världsledande position inom premiumsegmentet för TV

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Om LG Electronics Nordic

LG Electronics innovativa tekniker, unika produkter och avancerad design är investeringar för framtiden.

LG Electronics är en av världens största leverantörer och en innovatör inom hemelektronik, vitvaror, mobil kommunikation och luftvärmepumpar. LG Electronics företagsfilosofi baseras på ett genuint människointresse och vår slogan Life’s Good innebär att vi genom våra produkter vill göra livet bättre, enklare och roligare för användaren.

Innovation, stilren design, smart teknik och pålitlighet är de fyra kärnvärden som sammanfattar varumärket LG Electronics. Se http://www.lg.com/se/foretagsinformation för mer information om LG Electronics och förstå vårt varumärke och vår designfilosofi, läsa om LG:s historia och tekniska innovationer och lära dig om LG:s engagemang för miljö och samhällsansvar.

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