Strategy in TECH...
Much like the last few years, exhibitors at the Consumer Electronics Show (CES) in Las Vegas have largely focused on advances in artificial intelligence (AI). All major manufacturers spoke to it…none more deeply than LG, whose 45-minute press conference began with AI…ended with AI…and had a lot of AI in the middle.
JOLED, a Japanese manufacturer of OLED-based panels and products that was formed by the merger of the OLED divisions of both Panasonic and Sony, filed for bankruptcy protection in the Tokyo District Court on Monday. According to the filing, the company reported that it has debts totaling ¥33.7 billion ($257 million).
LG Electronics Inc. is on a roll, as evidenced by their fiscal third quarter results. The company says it has set an all-time record for third quarter revenues while at the same time booking their best quarterly profit in a decade.
LG Electronics announced today that starting tomorrow Apple AirPlay and HomeKit will be available on its 2019 Thinq AI TV line. The company says this makes them the first global television manufacturer to support HomeKit.
TiVo Corporation announced this week that it has entered into a global IP (intellectual property) licensing agreement with leading home electronics supplier LG Electronics, Inc. (LG). This deal is consistent with the company’s persistent efforts to deliver a more comprehensive, unique, and easy-to-use feature pack and user experience on their premium TVs.
LG Electronics Inc., a leading manufacturer in a diverse range of businesses, announced their fiscal 2019 first quarter results this week. With consolidated sales of KRW (Korean won) 14.92 trillion ($13.27 billion) and an operating profit of KRW 900.6 billion ($801.25 million), the company showed respectable numbers, but those results that represented a decline for the quarter.
Meridian Audio and LG have partnered on a line of upgraded soundbars, launching them at CES 2019. These new soundbars offer upgraded technologies, like Dolby Atmos and DTS:X for a better sound experience for LG TV buyers (and others).
CES 2019 is over the hump, closing tomorrow. But the top tech stories are pretty big and pretty clearly defined – and will be quite exciting, when they appear…someday. The top tech stories include – LG’s rollable, bendable OLED displays, Artificial Intelligence (AI), 5G – the next generation wireless tech, 8K TVs, autonomous vehicles – both car and motorcycle, and Apple & Siri strike back.
First stop on the press express at CEDIA Expo 2018 was LG – a company that offers what I have often said is my favorite core video technology, OLED. As in past years, LG did not disappoint. But their message at Expo this year was prominent and hard hitting – LG is all about custom installation.
Cool Things I Saw at CEDIA Expo 2018San Diego, we hardly knew ye’! CEDIA Expo 2018 wrapped up this past Saturday and after three days of running between meetings and walking the show floor, I emerge relatively unscathed. The bottom line – this first Emerald Exposition-produced show was a bit of a mixed bag with some positive elements and some dropped balls. But overall, most came away satisfied that it was a good show.
