LG Augments Reality with its Convergence Solutions for 2013
Dubai, UAE January. 22, 2013 – Following consumers’ demands for a higher convergence, LG Electronics is working closely with global companies to increase its smart products platform within their home entertainment and smart home appliances business. LG Electronics believes that more smart convergent devices will shape and integrate the technology community in 2013.
LG has invested significant amounts of time and money into R&D efforts centered around convergence. The company owns a large number of patents in various technologies related to convergence having the potential to capitalize on this position and move consumer lifestyles forward.
The company has also made a conscious choice to avoid proprietary standards and has sought out partnerships with like-minded companies to push technological boundaries further. Taking a future-oriented approach, LG has decided to introduce a non-propriety strategy for its home entertainment accessories.
In terms of the smart home segment, LG is a pioneer and is committed to the convergence concept with its SmartShare technology. Aside from being able to monitor and alter appliance operations remotely, users can also evaluate their house’s overall energy consumption. Adjustments can then be made to individual appliances to use energy more efficiently.
According to Mr. D.Y Kim, President of LG Electronics Gulf FZE,: “In economically turbulent times, the convergence of smart technologies can save resources and money. For instance, users have now the possibility to check their refrigerator contents via smartphone while strolling through the supermarket in order to make sure they don’t accidentally double purchase items and waste food.”
Mr. D. Y Kim added, “Convergence has hit everyone’s houses in order to make consumers’ life smart and easy. LG will keep working hard in order to provide new solutions and create new products that will allow establish the new lead in the market.”
LG’s latest home audio entertainment speakers, the ND8520, uses twin speakers and subwoofer to belt out rich, full sound audio proves itself to be a leader in the home speaker market. The stylish cubic device has garnered attention for more than its impressive audio performance and good looks. This portable speaker dock is known for its convergent flexible connectivity compatibility across Apple’s AirPlay technology and Android music players.
LG has also established a Smart TV Alliance partnership with Toshiba, TP Vision and subsequently added major contributors such as IBM, Obigo, Qualcomm and YuMe. By working together, these companies are ensuring that app developers can create apps that will successfully run on any supported Smart TV Alliance platform, thus benefiting both consumers and the industry.
LG will keep working on the development of new solutions and partnerships that bring more benefits to its consumers in terms of convergence. 2013 will be an important year for the company as LG aims to bring more solutions that will dictate the new market trends in this field.
About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances. With 117 operations around the world, LG achieved global sales of USD 49 billion (KRW 54.26 trillion) in 2011. LG comprises four business units – Home Entertainment, Mobile Communications, Home Appliance, and Air Conditioning & Energy Solution – and is one of the world’s leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2012 ENERGY STAR® Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.
About LG Electronics Home Appliance Company
The LG Electronics Home Appliance Company is a global leader in the home appliance industry, dedicated to offering healthier and greener products, blending smart technology and trend-setting design and providing a complete solution for improving daily life. LG’s insightful products, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, built-in appliances, and healthcare products are designed to resonate with consumers around the world. LG’s innovative technologies and convenient features, including the world’s first smart refrigerator, steam washing machine and lightwave oven, set new trends in the appliance industry. For more information, please visit www.lg.com.
About LG Electronics Home Entertainment Company
The LG Electronics Home Entertainment Company is a top global player in flat panel displays, audio players, video products, monitors, commercial displays and security systems for the consumer and commercial markets. LG’s product areas include LCD and plasma televisions, LED LCD monitors, home theater systems, Blu-ray Disc™ players, audio components, video players and plasma display panels. While focusing on creating feature-rich devices, the company is also pursuing stylish designs and pushing technological boundaries to improve the home entertainment experience. LG HE company is also a leader in providing commercial (or B2B) products such as digital signage, video conference system and IP security cameras.
