Award-Winning LG OLED TVs Kick Off 2021 At Lowest Price Ever - PRNewswire

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ENGLEWOOD CLIFFS, N.J., Jan. 29, 2021 /PRNewswire/ -- With one of the most-watched and highly-anticipated sporting events just days away, LG Electronics USA announced limited-time promotional pricing on its award-winning LG OLED TVs. The special pricing promotion includes the lowest price ever for an LG OLED TV (55-inch class LG OLED BX) and significant savings of up to $2,000 on larger-screen LG OLED TVs. now through Feb. 7 at LG-authorized retailers nationwide.

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(PRNewsfoto/LG Electronics USA)

Celebrated as the "Best TV" for the seventh straight year at CES^® 2021 and recently honored with a Technology & Engineering Emmy Award, LG OLED technology delivers perfect blacks, more than one billion rich colors and a sense of immersion that allows the consumer to have the best possible experience when watching sports and movies, playing video games and more, especially when paired with one of LG's premium soundbars with Dolby Atmos.

LG OLED PRICING PROMOTION HIGHLIGHTS1 thru February 7, 2021

OLED55BX (55-inch class), $1,299 (originally $1,599)

OLED65CX (65-inch class), $1,999 (originally $2,799)

OLED77CX (77-inch class), $3,299 (originally $4,999)

OLED65GX Gallery TV (65-inch class), $2,499 (originally $3,499)

OLED77GX Gallery TV (77-inch class), $3,999 (originally $5,999)

As an added bonus, consumers who purchase an LG OLED GX Gallery TV with an LG GX Sound Bar (now through January 31, 2021) will also save an additional $500.²

"Big games call for the biggest and best TVs and experts agree that LG OLED TVs are the world champions," said Tim Alessi, LG USA's senior director of home entertainment product marketing. "With self-emitting pixels that provide perfect blacks, bright, vivid color and fast response times, only OLED TVs have the complete playbook to create a stunning picture and give you a front row seat to all of the action."

With the α9 Gen 3 AI Processor and other sports-centric features, LG OLED TVs are perfect for sports fans. Sports Alert helps users keep track of their favorite teams/ Users can select their favorite teams in various sports to receive automatic updates at the start of a game, whenever a team scores and when the game ends. Sports fans can also benefit from enhanced sound. Viewers can connect the TV to LG Bluetooth speakers to create a more dynamic soundscape and create a real stadium environment.

In addition to sports viewing, LG OLED TVs also are ideal for serious gamers, delivering a seamless, big-screen gaming experience unlike any other offering NVIDIA G-SYNC® compatibility. With support for the latest high-speed game consoles, variable refresh rate and low input lag, LG OLED TVs are considered the most advanced gaming TVs on the market today. 

LG OLED TVs feature Dolby Vision^® and Dolby Atmos for an immersive movie watching experience from a vast array of streaming apps included on the webOS Smart TV platform. LG OLED TVs also feature built-in LG ThinQ^®, Amazon Alexa and the Google Assistant, delivering cutting-edge AI features that can be operated directly through the TV's Magic Remote with no additional hardware required. Apple AirPlay2 and Apple HomeKit are also supported for easy streaming and connectivity with Apple devices.

The LG OLED GX Series "Gallery TV" offers the perfect combination of form and function. Featuring the latest OLED technology, it can truly bring your favorite movies, sports and TV shows to stunning reality. Its uniformly slim design, only 0.8" deep³, pairs with its supplied slim wall mount, allowing it to be mounted completely flush to the wall like a piece of art– so all you see is your display – which is just as beautiful off as it is on.

For more information on LG's OLED TV lineup, visit lg.com.

About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $53 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, mobile phones, commercial displays, air conditioning systems, solar energy solutions and vehicle components. The "Life's Good" marketing theme encompasses how LG is dedicated to people's happiness by exceeding expectations today and tomorrow. LG is a 2020 ENERGY STAR^® Partner of the Year-Sustained Excellence. www.LG.com.

¹ 55-inch class is 54.6 inches diagonal / 65-inch class is 64.5 inches diagonal / 77-inch class is 76.7 inches diagonal

² Qualifying TVs: OLED77GXPUA, OLED65GXPUA, OLED55GXPUA. Qualifying sound bar model: GX ($500 off). Terms & conditions apply.  Visit https://www.lg.com/us/tvs/lg-oled65gxpua-oled-4k-tv#disc2 to learn more.

³ - 65" has 0.8" depth, 55" and 77" are 0.9"

SOURCE LG Electronics USA

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January 29, 2021 at 08:00PM
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LG to apply mobile tech to EV parts despite smartphone exit plan - Nikkei Asia

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SEOUL -- LG Electronics on Friday said it would apply its mobile device technology to its home appliance and electric vehicle parts operations despite its plan to exit the smartphone market.

South Korea's second-largest electronics company said it was studying how to preserve its mobile technology, as it is key to further developing smart home appliances and auto parts. LG reiterated that the company was considering all options for its loss-making smartphone business, after CEO Brian Kwon sent an internal memo to its employees last week saying the time had come to make a decision about the unit's future.

"We are considering many ways to internalize our mobile device technologies," Seo Dong-myung, a director at the company, said in the fourth-quarter earnings conference call. "We will continue to study the mobile technology because it is core to our smart home appliances and auto parts."

LG also said it would work to get its EV parts joint venture with Canada's Magna International on track. The new company -- tentatively named LG Magna e-Powertrain -- will be launched in July. LG will control the venture with a 51% stake, while Magna will own the remaining 49%.

LG's operating profit soared 538.7% to 650.2 billion won ($580.9 million) in the fourth quarter from a year ago thanks to its home appliance and television divisions, which enjoyed strong demand amid the pandemic. Its sales rose 16.9% to 18.8 trillion won during the same period.

Revenue in its home appliance division grew 20% to 5.5 trillion won in the October-to-December period from a year ago as both its domestic and overseas markets saw double-digit growth.

But LG's smartphone business posted 248.5 billion won of operating loss for the October-to-December period, meaning it has been losing money for almost six straight years. LG's premium smartphones have failed to catch on with customers as Apple, Samsung and Huawei dominated the market.

LG acknowledged that sales of its premium products had slowed and that the company had also been suffering from a shortage of 4G chips. It added that competition would heat up next year in the global smartphone market, even though demand is expected to recover to the pre-pandemic level.

Unlike the gloomy outlook for its smartphone business, LG expects its EV parts business to grow more than 30% this year on the back of recovery in the global auto market. The company set a goal of a more than 5% operating profit margin in the vehicle component business this year.

Shares of LG Electronics plunged 6.99% on Friday as foreign investors dumped its stocks. South Korea's benchmark Kospi fell 3.03%.

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Georgetown University Partners with LG to Enhance Collaboration Technology - Campus Safety Magazine

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In 2019, Georgetown set out to find integrated technologies to support innovative teaching methods within its Center for New Designs in Learning and Scholarship.

CNDLS is equipped with 4K interactive LG touch displays, Logitech cameras, Biamp ceiling speakers and collaboration pods.

WASHINGTON, D.C. — Two decades ago, Georgetown University (GU) launched its Center for New Designs in Learning and Scholarship (CNDLS), one of the country’s first higher education programs aimed at bridging pedagogy and technological innovation. Jump ahead to 2019 and the CNDLS team was looking for a way to reimagine the learning space using collaborative technology. That’s where LG Business Solutions came in.

With help from the integration solutions provider and local technology integrator CTSI, the team introduced a multi-dimensional classroom to support small- and large-group exploration, interactivity and distance learning, according to a press release from the company.

“It’s not a typical classroom,” said Andy Bukowski, systems designer at CTSI. “From a professor’s perspective, Georgetown wanted to have a dual-display setup that could support remote participants on one screen and presentation material on the other. They also wanted a more typical single-display system you might see in a standard classroom. And they wanted to make it so smaller groups of students could gather around several different displays, connect and collaborate.”

The final design, which welcoming students and faculty in the fall of 2019, includes two 75-inch, 4K interactive LG touch displays and two 86-inch LG interactive 4K displays. The space also has:

• Logitech cameras on each wall for connecting directly to GU’s Zoom video conferencing system
• Biamp ceiling speakers and microphone arrays for tracking speakers in the room and optimizing audio on other ends of a Zoom session
• 4 Mersive Solstice collaboration pods, which users can connect to wirelessly to share content on the room’s displays

“Many Georgetown classrooms have a big stage, a mothership of a desk and a screen that’s very clearly at the front of the room,” said CNDLS Managing Director Molly Chehak. “We took out the stage and the desk so there is no front of the classroom. All the displays can be used by anybody in the room — instructors and students alike. They offer a collaborative space where students can work together on the same screen or multiple screens at one time, comparing, contrasting and collaborating. In a lecture-style situation, a professor can use one or more as a confidence display, or set them up as a gallery walk.”

All of the technology in the room is managed through a Crestron control system and touch panel. For CTSI, the biggest challenge was designing the system to include remote participants who would appear on the LG displays through Zoom.

“If you’re familiar with most control systems, you basically need to leave that software to launch a Zoom session. That’s not practical for the people using the room,” said Bukowski. “We worked with Crestron and Zoom to modify the application programming interface and create intuitive buttons, so it felt seamless as the professor transitioned to conferences.”

When professors want to initiate a video conference, they select Zoom from the touch panel, tell the system where they want the remote participants displayed and where they want the presentation displayed, choose the screen and then control it through the LG touchscreen display.

“The changes we made to the classroom reflect the deep shift in pedagogy and the experience of education,” said Chehak. “It’s student-centered, collaboration-centered, it’s multifaceted and needs to allow for the outside to come inside, and the inside to go outside. Technology can do that.”

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LG Electronics posts record earnings - MarketWatch

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LG Electronics Inc. notched record earnings in the fourth quarter, thanks to brisk sales for televisions and home appliances amid the Covid-19 pandemic.

The strong performance by the South Korean consumer-electronics giant suggests extended periods of staying and working at home amid the pandemic provided strong support for demand.

Net profit for the quarter was 262.30 billion Korean won ($235.6 million), compared with net loss of KRW849.80 billion in the same quarter a year earlier, the company said Friday.

That was below a FactSet consensus forecast for net profit of KRW287.18 billion.

Fourth-quarter revenue rose 17% to KRW18.781 trillion, while operating profit jumped six-fold to KRW650.20 billion.

For 2020, net profit surged 11-fold to KRW2.064 trillion. Revenue rose 1.5% to KRW63.262 trillion, while operating profit jumped 31% to KRW3.195 trillion.

LG Electronics said its latest earnings set records for the quarter and the year, as the home-appliance and premium TV segments, among others, maintained solid growth.

The company said its smartphone business remained sluggish through the year. LG recently suggested a possible disposal of the segment, which has been in the red for nearly six years.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

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T-Mobile's exclusive LG Velvet 5G quietly scores permanent price cut - PhoneArena

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Whether or not LG will decide to throw in the mobile towel at some point this year and sell its long-struggling smartphone business to the highest bidder among a rumored group of at least five prospective buyers, one of the company's 2020 handsets should still find a place on many shopping lists put together by early 5G adopters on tight budgets.

We're talking, of course, about the gorgeous 6.8-inch Velvet, which is arguably one of the best inexpensive 5G-capable Android options available on all three big US carriers right now. Interestingly, each major wireless service provider sells a slightly different version of the upper mid-range giant, with Verizon charging a premium for Ultra Wideband support and T-Mobile scoring global exclusivity over a special edition powered by a MediaTek Dimensity 1000C processor rather than Qualcomm's hugely popular Snapdragon 765.

While the "Un-carrier" originally priced its exclusive LG Velvet 5G extremely close to AT&T's "regular" model, said $588 tag appears to have recently dropped to $396 with absolutely no fanfare. That means new and old T-Mo customers can now pay over 200 bucks less than their Ma Bell-subscribing counterparts for essentially the same phone.

The greatest thing about this "deal" is undoubtedly that... it's not actually a deal per se, but more likely a permanent affair. Similar to the quirky LG Wing just a couple of weeks ago and the mainstream high-end V60 ThinQ several months back, the Magenta-flavored LG Velvet is pretty much guaranteed to settle at its newly reduced price for good.

If you were hesitant to spend nearly six Benjamins on this low and mid-band 5G-supporting beaut, it is now very difficult to argue with the handset's value for money and competitiveness against the likes of the $399.99 REVVL 5G or Samsung's $504 Galaxy A51 5G. 

In addition to a stunning design and reasonably powerful SoC, the LG Velvet 5G also has a sharp P-OLED display with a discreet notch going for it, as well as plenty of juice in the old tank (4,000mAh battery capacity, to be specific), three solid rear-facing cameras, 6 gigs of RAM, 128 gigs of internal storage space, a microSD card slot, headphone jack, and wireless charging capabilities.

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LG Business Solutions Unveils Two New dvLED Series - rAVe [PUBS]

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LG Business Solutions has unveiled two new indoor direct-view light-emitting diode (DVLED) display series, the Versatile LSCA and the Ultra Slim LSCB, which will offer options ideal for indoor environments such as office lobbies, shopping malls, hotels, transit hubs and stadiums.

Both the LSCA and LSCB will ship with LG’s new CVCA controller and webOS Signage platform. This will deliver advanced viewing options from multiple inputs and simplified system control. LG’s webOS Signage smart platform features a Quad-Core System-on-Chip design that can execute several tasks to provide smooth content playback from baseband-connected high-resolution video sources, the built-in media player, or the built-in video streaming decoder. The controller also has 3.6 GB of storage for applications and content and a TV-style remote control with an intuitive user interface that puts system and image control in the palm of your hand.

The Versatile LSCA Series is designed for fixed installation and provides users with a dvLED option ideal for larger public installations and with a viewing distance of 15 feet or more — such as transit hubs, stadiums and other larger venues — thanks to pixel pitch models of 2.97 millimeters or 3.91 millimeter with a capability of 1,000 nits of brightness. Offered in both 1:1 (5000-millimeter square) and 2:1 (500-millimeter x 1000-millimeter rectangle) cabinet options, the square and rectangle cabinets can be mixed and matched for greater customization. Magnets on the top and bottom, positioning pins, handles and fast locks on the cabinets help installers easily set up and dismantle without additional tools, features that are especially valuable to installers working with rentals or in staging where fast installation and cleanup is imperative. For easy maintenance or service, the cabinets also offer either front access or rear access, allowing customers to choose installation options according to their environment.

The Ultra Slim LSCB Series — ideal for close-up viewing such as shopping malls, board rooms and hotel lobbies and designed specifically to be flexible for rentals and staging — features three dvLED models with pixel pitches of 1.56-millimeter, 1.88-mm and 2.50mm. The display combines an incredibly low-profile and lightweight design with an edge thickness of 37.5mm making it ideal for spaces where space is a concern. The display is capable of 800 nits of brightness and uses the widely used 16:9 aspect ratio, minimizing time and costs associated with content redevelopment. The cabinet also offers front servicing. The Ultra Slim LSCB Series is EMC (electromagnetic compatibility) Class B certified, meaning it is not only perfect for industrial environments, but it also passes the even stricter emissions standards for residential areas. Thus, the EMC rating does not limit where the LSCB can be installed.

Each model also has an optional add-on 90-degree corner design feature that minimizes discontinuity of content displayed around corners.

Both new series are available with LG’s trio of customer care services:

• LG ExtendedCare Warranty: LG’s extended warranty which can give up to five years coverage
• LG ConnectedCare Remote Monitoring: LG’s network-based solution that allows remote system monitoring
• LG TotalCare Health Checks: LG’s twice-per-year, on-site health check and system inspection

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Save up to $400 on LG’s 2020 4K OLED AirPlay 2 TVs on sale from $1,397 - 9to5Toys

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B&H currently offers the LG 55-inch CX 4K OLED Smart UHDTV for $1,396.99 shipped. Down from its usual $1,797 going rate, today’s offer is good for a $400 discount, beats our previous mention by $100, and is one of the best prices to date. As LG’s now previous-generation home theater display, this model comes outfitted with a 55-inch 4K HDR OLED panel backed by 1ms response times for gaming, and NVIDIA G-Sync support. There’s also pixel-level dimming for “darker blacks and vibrant color,” as well as AirPlay 2, HomeKit, and integrated streaming functionality. In terms of ports, you’ll find four HDMI inputs, Ethernet, and more. Rated 4.8/5 stars from over 2,600 customers.

If the 55-inch model isn’t quite what you’re looking for in a home theater upgrade, Amazon is also discounting the 65-inch version of LG’s CX OLED TV to $1,949.99 when clipping the on-page coupon. Having originally sold for $2,800, it recently dropped to around $2,500 with today’s offer marking the second-best we’ve seen to date and coming within $50 of the all-time low. You’re looking at the same feature set mentioned above, just in a larger form-factor.

Those who could use a bit of an audio upgrade for their home theaters are also in luck, as this morning saw a collection of Polk MagniFi sound bars on sale from $149. That’s alongside all of the other price cuts in our home theater guide, like Amazon’s Fire TV Blaster at $20.

LG 55-inch CX 4K OLED TV features:

Enjoy apps and internet-based content at four times the resolution of Full HD with the LG CXPUA 55″ Class HDR 4K UHD Smart OLED TV. This 54.6″ OLED TV features a native resolution of 3840 x 2160, allowing you to view detailed UHD images, and the enhanced black and contrast levels of OLED technology helps colors seem more vibrant.

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