LG Electronics teams up with Bvlgari for rollable TV marketing.

LG Electronics

Bulgari SpA

Their joint venture Alluto will provide solutions for digital cockpit, in-vehicle infotainment, passenger-seat entertainment and ride-hailing systems based on LG's webOS Auto platform

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

Luxoft

Companies providing in-vehicle infotainment products such as audio equipment and other electronic systems

Combat sports app FITE TV launches on LG.

Sports Tech

TrillerTV

Online media platforms that distribute sports-related content

As part of the partnership, LG has joined this comprehensive technology partner certification program, which opens up IGEL’s core enterprise software for tech companies like LG to integrate and validate its products.

IGEL Technology

A collaboration aiming to deliver superior productivity for creative industry professionals through LG’s new premium 32-inch monitor LG UltraFineTM Display OLED Pro.

Next-gen Displays

JOLED

Companies that develop displays that are alternatives to more traditional LED/LCD technology. They cover a range of light-emitting technologies including OLED, QLED, and MicroLED

CJ OliveNetworks introduced “Recipick,” a personalized food and recipe recommendation AI technology that connects refrigerators with its users, in collaboration with LG Electronics.

The two sides agreed to seek various business opportunities in the global esports industry and cooperate in promoting LG UltraGear gaming monitor and notebook products.

A foundational component to the next generation of digital entertainment.

Esports

Gen.G Esports

Companies recruiting players to form professional teams and rosters for esports tournaments and leagues.

LG plans to utilize Alphonso software and services – including Alphonso’s data analytics, media planning and activation, and Video AI capabilities – with its broad range of home entertainment products.

Using AI to automate, enhance and optimize marketing activities

Marketing Automation

Alphonso

Startups providing tools for gathering, cleaning and enhancing customer data to provide deep analytics.

LG Electronics and automotive supplier Magna International are launching a joint venture that will make key components for electric cars.

Magna International

Qualcomm, LG Electronics and LG Uplus have launched the first 5G mmWave network in South Korea.

Qualcomm

Unruly announced a global partnership with LG Electronics that enables advertisers around the world to access native smart TV ad placements through its supply-side platform (SSP), UnrulyX.

Unruly

Startups offering tools for finding and attracting potential customers with targeted ads.

Morado Ventures

AME Cloud Ventures

Peterson Ventures

Lightspeed Venture Partners

StartX (Stanford-StartX Fund)

The MBA Fund

DataFleets

Under the deal, the two sides will collaborate in marketing, promotion and product development related with LG Signature home appliances, Molteni&C residential furniture and Dada kitchen furniture for the next three years.

Molteni

LG Electronics (LG) is launching an integrated Amazon Music app for its OLED, NanoCell and smart LCD TVs.

Amazon

LG Electronics joins hands with local partners for 6G tech.

Korea Advanced Institute of Science and Technology (KAIST)

Partners Investment

z-emotion

KIWOOM SECURITIES

KDB Industrial Bank

TeeLABS

REMEDI

LG has announced a new partnership with eSports organization Evil Geniuses where the company’s UltraGear monitors will now be the official gaming monitor for the eSports organization.

Evil Geniuses

LG Electronics, KT and LG Uplus have teamed up to research artificial intelligence (AI) technology to co-develop core technologies in the sector and find new business opportunities.

KT Corp

JD.com has signed a partnership with South Korean manufacturer LG Electronics to sell RMB 5 billion ($707 million) worth of products on the e-commerce platform.

Marketplaces and related solutions for selling goods and services online

Ecommerce Platforms

JD.com

C2C and B2C ecommerce platforms that enable users to sell a range of goods and services via their online marketplace (e.g., eBay, Amazon).

Boost Mobile launches affordable LG K51 smartphone.

Boost Mobile

The companies will jointly develop food delivery-and-serving robots, combining LG’s artificial intelligence and automated indoor driving technologies with Woowa Brothers’ food delivery know-how.

Helping restaurants become more safe, more profitable, and more interesting.

Restaurant Industry Robotics

Woowa Bros

Robotic solutions for restaurant services such as waiting tables, bussing tables, dishwashing, kitchen preparation, food quality check, and staff training.

LG Household has signed a deal to acquire Physiogel business rights for the Asian and North American regions from British pharmaceutical firm GlaxoSmithKline Plc.

Millennium Technology Value Partners

LG Innovation Ventures

Palm Drive Capital

Unbound

AI-based solutions for evolving digital threats

Next-gen Cybersecurity

Deep Instinct

Companies that provide next-generation solutions for enterprises to protect endpoint devices such as computers, mobile devices, servers, and other connected enterprise devices.

Kia Motors

SK Telecom

LG Uplus

Timewise Investment

42dot

Washlava

Motorola Solutions Venture Capital

Intellectus Partners

Advantech Capital

HP Tech Ventures

Bold Capital Partners

Gradient Ventures

Kakao Ventures

Technologies bringing about a new reality

Extended Reality

Mojo Vision

Companies developing XR headsets and relevant sub-components (displays, sensors, and processors). Also includes complementary XR hardware (tracking devices, haptic vests, and gloves)

Google Ventures

SV Angel

Amplify Partners

Haystack

Specialized Types

Alumni Ventures

Green D Ventures

The House

Determined AI

LG smart ovens will now recognize pre-packaged meals from Tovala.

From fast food to fine dining, everything but the kitchen sink is suddenly just a tap away.

Online Food Delivery

Tovala

Platforms that offer ready-to-cook meal kits to individuals who are interested in cooking, but have limited time or skills. Meal kits usually include recipes with step-by-step instructions along with pre-portioned ingredients. Food delivery is often carried out by independent contract workers who are either registered with the platform or employed directly by the platform.

LG Electronics and Infineon Technologies AG have teamed up to introduce leading edge Time-of-Flight (ToF) technology to smartphone selfie photo lovers world over.

Infineon Technologies

AR Smart Mirror integrates CLO Virtual Fashion’s 3D avatar creation and virtual fitting API ‘BeneFit-by-CLO’ with LG’s touch screen signage and automatic body scanning technology using 3D camera.

Companies offering location-based AR/VR experiences

The partnership will focus on developing AI to further improve the competitiveness of LG products, as well as to develop collaborative business models.

Landing AI

LG will apply Microsoft’s AI knowhow to its Advanced Driver Assistance Systems (ADAS), Driver-Status Monitoring Camera (DSM) and Multi-Purpose Front Camera products and incorporate Microsoft’s Virtual Assistant Solution Accelerator in LG’s infotainment systems.

Using online platforms, autonomy, electric and fuel-cell tech solutions to shape the future of trucking.

Truck Industry Tech

Microsoft

Providers of self-driving and safety-related hardware and software that provide features such as platooning, collision avoidance alerts, blind spot detection, automatic braking, automated manual transmissions, and eco-driving systems.

Speeding up sales, cutting costs, and preparing for the future of retail—whether brick-and-mortar or online.

Retail Industry Robots

<div>
 
 Bossa Nova Robotics was founded as a spin-off from Carnegie Mellon University's Robotics Institute, with the purpose of developing commercial robotics tech specializing in retail automation. The company&rsquo;s primary product (Bossa Nova 2020) offers automated inventory management for retailers, including smaller sized retailers. 
 
 
 Bossa Nova formed a partnership with Walmart in 2017 to start testing its inventory robot with the aim of supplying up to 1,000 inventory robots during 2020 (350 were in operation by the end of 2019). However, the partnership with Walmart was reported to have terminated in November 2020 due to Walmart&rsquo;s intentions of using human labor for inventory management purposes. As of 2019, Bossa Nova Robotics reported five other major grocery customers across the US and the UK, key among which are including Albertsons. In January 2020, the company announced the newest version of the Bossa Nova robot, which has a smaller footprint (compared to the previous version), capable of scanning RFID tags, and has a downward-looking camera enabling it to view fresh product displays and extend store aisle coverage. 
 
</div>

<div>
 
 Bear Robotics makes artificial intelligence (AI)-powered robot waiters called &ldquo;Servi&rdquo; (formerly known as &ldquo;Penny&rdquo;). The severbot comes in two models: Servi (high-capacity, multi-purposes model), and Servi Mini (ideal for drink delivery and bussing), and can handle a payload of up to 66 lbs. Restaurants can lease the robots for a monthly subscription fee of USD 999 (for Servi) that includes maintenance and support. The bots would help improve the operational efficiency of restaurants. For instance, robots are said to increase servers&rsquo; time with customers by an average of 30%-40%.
 
 
 Upon the successful pilot projects of its first version (Penny), undertaken at John Ha&rsquo;s (co-founder, CEO) restaurant and a Pizza Hut in South Korea in 2018, the company went into commercial production of the robot. 
 <a href="https://sp-edge.com/updates/2533">
 In September 2020,
 </a>
 Bear Robotics and SoftBank Robotics Group (robotics manufacturer and solutions provider, a key investor of the company) collaborated to introduce the new robot waiter Servi to the foodservice industry, scaling up and rebranding its original version, Penny. Its upgrades include improved agility, enhanced obstacle-avoidance technology, and personalization capabilities (eg: voice interaction and singing).
 
 
 Key customers and partnerships
 
 
 As of March 2022, Bear Robotics had delivered more than 5,000 Servi robots to customers (ex: banquet rooms, senior living centers, restaurants, caf&eacute;s, ghost kitchens, and universities) in the US, Japan, and South Korea. Notable customers include Pepsi, Denny&rsquo;s, Compass Group, Marriott, Brinker International&rsquo;s Chili&rsquo;s (paused in August 2022), the University of Nevada-Las Vegas, Ledo Pizza, and VEL Premium Work Caf&eacute;. Given the rising demand for the product, the company established a manufacturing plant in South Korea in April 2020.
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/9109">
 In March 2022,
 </a>
 Bear Robotics raised USD 81 million in a Series B funding round led by IMM Investment Corp to introduce new products to automate hospitality industry tasks, expand its reach to Europe and Southeast Asia, and to expand its team. 
 In 
 <a href="https://sp-edge.com/updates/28093">
 March 2024
 </a>
 , LG Electronics invested USD 60 million in Bear Robotics in a stock purchase agreement. 
 
</div>

Mojo Vision is the developer of AR contact lens Mojo Lens, which was developed in partnership with Japanese contact lens maker Menicon. Mojo Lens includes a built-in microLED display that allows the user to view AR-based monochrome images, symbols, and text without obstructing their view or restricting mobility. The company intends to work with fitness brands and the visually impaired initially.In January 2023, the company announced a halt in the production of their smart contact lenses and laid off 75% of its staff due to difficulties in raising funds. The company has since then pivoted its focus on the production of micro-LED’s. Milestones achieved in micro-LED development include lighting up the first 300 mm GaN-on-silicon, blue micro-LED array wafer (May 2023) and powering the world's highest-density (14K ppi) red micro-LED micro display (June 2023).Key customers and partnerships&nbsp;In May 2023, the company partnered with DigiLens to use its micro-LED technology for improved AR glasses. Previous partnerships include to deliver performance and real-time stats data to runners, cyclists, and golfers for performance measurements include Adidas Running (running/training), Trailforks (cycling, hiking/outdoors), Wearable X (yoga), Slopes (snow sports), and 18Birdies (golf) as of January 2022.Funding and financialsIn <a href="https://sp-edge.com/updates/22660">October 2023</a>, Mojo Vision raised 21.1 million in an extended Series A funding round. Funds were earmarked for the development and commercialization of its micro-LED displays. Previously, in <a href="https://sp-edge.com/updates/17541">April 2023</a>, the company raised USD 22.4 million in a Series A funding round.

Sonatus is a software-defined vehicle technology company that helps automotive manufacturers and suppliers to accelerate the development and deployment of software-defined vehicles. Its product portfolio includes the following:1) Sonatus Foundation: A software-defined vehicle platform that provides a unified software architecture for the entire vehicle. This allows automakers to update software and add new features to their vehicles, without the need for hardware changes.2) Sonatus Automator: A suite of no-code vehicle software development tools, including a software development environment, a test suite, and a deployment platform that helps automotive manufacturers and suppliers develop and deploy software for vehicles.3) Sonatus Collector: A vehicle data analytics platform for collecting, storing, and analyzing vehicle data to generate insights and improve vehicle performance, safety, and reliability.4) Sonatus Guard: A cybersecurity platform for IoT-enabled vehicles for multi-layered intrusion detection and prevention.Sonatus pitches its product toward automotive manufacturers, Tier-1 suppliers, and software developers, on a software-as-a-service (SaaS) basis. The company is headquartered in California and has offices in Michigan, Europe (Ireland, France, and Italy), and Asia (China, Taiwan, South Korea, and Japan).Key customers and partnershipsSonatus’ customers include automakers and Tier-1 suppliers such as Kia Motors, Genesis Motor, and Hyundai.The company also has partnerships with tech companies including Marvell Technology, Broadcom, Micron Technology, NXP, Realtek, and STMicroelectronics for core technologies such as Ethernet switches, processors, storage, and data infrastructure tools. Its cloud partners include AWS, Elastic, Google Cloud, and Microsoft.Funding and financials<a href="https://sp-edge.com/updates/21600">In September 2023, </a>Sonatus received a strategic investment from NEC and Translink Orchestrating Future Fund to strengthen its ties with Japanese electronics companies and vehicle manufacturers to support its expansion in Japan. Previously, in December 2022, the company raised USD 75 million in a Series A funding round led by Foxconn to expand its software-defined vehicle technologies into new markets and additional customers.Key competitors: None comparable (Sonatus is the only startup in the Auto Tech space that offers an overall connected solution for vehicles that span across several key segments.)

Bear Robotics addresses the increased pressure faced by the restaurant industry around wages, labor supply, and cost efficiencies. It aims to revolutionize the restaurant and food service industry using robotics and AI. The company makes robots that help customers receive an improved dining experience, employees with greater job satisfaction, and owners of restaurants with an increase in profits.

Hej home is the largest smart home IoT brand in Korea under GoQual Co. Ltd.  Hej Home is a company that aims to create a comfortable and transformed daily life that people may not have experienced before. It turns uncomfortable moments into enjoyable ones, making everyone's dream house a part of their everyday lives.

LVIS creates brain network analysis tools with live visualization to revolutionize how neurological diseases are studied. LVIS examines brain networks to diagnose and treat neurological diseases such as dementia and epilepsy. LVIS's digital-based software significantly reduces treatment time and cost.

Desilo is a team of cryptographers, mathematicians, data scientists and engineers leading the research and commercialization of privacy-enhancing technologies (PETs). From our comprehensive suite of PETs, the Desilo Data Clean Room solution leverages homomorphic encryption to enable data from distributed sources to be joined and analyzed, while keeping the data completely secret throughout the process; only the analysis result is decrypted by the data owners and provided to the end user.

LG Display is a manufacturer of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays.  The company began development of TFT-LCD in 1987 and now provides display panels in a wide range of sizes and specifications applying the various cutting-edge technologies such as AH-IPS, FPR 3D, OLED, and Flexible.  LG Display currently operates nine fabrication facilities and seven back-end assembly facilities in Korea, China, Poland, and Mexico. In addition, it operates the global network of sales subsidiaries to efficiently service the local markets.  As of the end of 2013, 52,000 employees work for LG Display worldwide.

A mobile app born from the desire to combine tech and kitchen know-how to help everyone feel more confident in the kitchen. SideChef makes cooking easier by providing step-by-step photo and video guided instructions for over 15,000 Smart Recipes. Allowing our users to always feel confident in the kitchen, even when trying something new. With over 300 food blogging and 7 Smart Kitchen Technology partners our content and technology allows us to connect with users directly in their kitchens, empowering them to create recipes for every occasion and become part of their everyday cooking routine. With key features such as grocery list generation, grocery ordering through our partners AmazonFresh and JD.com, Smart Kitchen Connection and automation, Scheduling, Dietary Specifications and many more, we at SideChef believe cooking great food for ourselves and the ones we love is key to a life better lived. Proud to have been awarded Best App by Google in 2017. Founded in 2013 by Kevin Yu, and officially launched in 2014, SideChef has engaged with users in 170 countries, and has been downloaded over 900,000 times.

Saesol Tech is an autonomous V2X security technology company.

adoc provides medical records, discount medical examination, check AI symptoms and compare hospital expenses services.

VA Corporation provides storytelling, content creation, and planning services for virtual production, VFX, branding, and digital marketing.

Sonatus delivers technology and solutions that accelerate vehicle software innovation. Their platforms and products serve as key building blocks that allow automotive companies and their ecosystem to deliver continuous improvements in costs, capabilities, reliability, and user experience over the vehicle lifespan, realizing the promise of software-defined vehicles.

DataFleets is a privacy-preserving data engine that unifies distributed data for rapid access, agile analytics, and automated compliance. The platform provides data scientists and developers with a ''data fleet''​ that allows them to create analytics, ML models, and applications on highly sensitive data sets without ever having explicit access to the data. Each data fleet has easy-to-use APIs, and under-the-hood they ensure data protection using advances in federated computation, transfer learning, encryption, and differential privacy. DataFleets helps organizations to overcome the struggle between data privacy and innovation by helping them maintain data protection standards for compliance while accelerating data science initiatives.

z-emotion is an emerging 3D garment simulation technology company that provides cutting-edge solutions to help fashion industry forward its digital transformation process. Our primary product z-weave is a 3D CAD software for apparel businesses and professionals to visualize fashion ideas. With our headquarter based in South Korea, z-emotion has offices in Hong Kong and USA with virtual teams in Europe. Over multiple rounds of product success, renowned strategic investors LG Electronics, NAVER, HTC, Shima Seiki also joined the exciting investment journey. For company details on z-emotion, visit: www.z-emotion.com. For product information on z-weave, visit www.z-weave.com.

TeeLABS provides 3D models, indoor maps, and VR/AR images.

REMEDI is a solution provider for radiotherapy and radiography.

42dot is a technology company pioneering frictionless transportation services.  42dot develops technologies and platforms integrating autonomous driving, connected vehicles, and smart city infrastructure. The company provides platforms facilitating Mobility-as-a-Service, allowing users to access various transportation modes (e.g., autonomous shuttles, and ride-sharing) through a unified digital interface.

Washlava is an IoT technology-enabled services company bringing shared laundry facilities into the digital economy.

Mojo Vision is focused on developing and commercializing high-performance micro-LED display technology for consumer, enterprise, and government applications. The company combines breakthrough technology, leading display and semiconductor expertise, and an advanced 300mm manufacturing process to deliver on the promise of micro-LED displays. Mojo’s proprietary quantum-dot technology brings full-color capability to its display platform and meets the superior performance demands for all form factors. Mojo Vision developed the world’s smallest, densest dynamic display for the first AR smart contact lens and is now applying this innovation and expertise to lead the disruption of the $160 billion display industry. Mojo Vision was founded in 2015 and headquartered in Saratoga, California.

Determined AI is a machine learning tech company that revolutionizes the way deep models are trained and deployed. The company reduces time-to-market by increasing developer productivity, improving resource (GPU) utilization, and reducing risk.

VAYAVISION is a raw data fusion and perception system providing the most reliable environmental model for autonomous vehicles

StradVision provides an embedded perception algorithm for advanced driver assistance systems and autonomous vehicles use cases. With its production-ready ADAS SW IP platform using camera-based perception AI or LiDAR, StradVision aims towards its future road map to autonomous driving. StradVision’s machine learning algorithm achieved No.1 performance in world-class tech evaluations, including scene text detection (English and Chinese) and pedestrian detection. StradVision’s computer vision algorithm is accurate and fast, and runs smoothly on embedded and IoT devices. Its headquarters are located in San Jose, USA with an R&D center in Pohang, South Korea. With 60 patents issued and 150+ pending patents around the world, StradVision is widely accepted and backed by Global Automotive Industry Veterans.

Bossa Nova Robotics is a provider of real-time, on-shelf product data for the global retail industry. Its technology collects terabytes of data that enables the retail ecosystem to optimize the omnichannel shopping experience. With a multidisciplinary team of robotics, computer vision, artificial intelligence, and big data scientists, Bossa Nova has solved the challenges to deploy fully autonomous service robots in busy and crowded environments.  Bossa Nova is privately held and is founded in 2005. It is headquartered in San Francisco with offices in Mountain View and Pittsburgh.

Acryl is an AI backed platform that caters to wellbeing and daily well care sector.

Founded in 1996, eMagin dedicated itself to delivering high-quality, high-resolution video and data information in virtually any environment. As Organic LED technology came into existence, eMagin saw an opportunity to develop cutting-edge displays in head-worn systems for military, law enforcement, medical, entertainment, and other applications. EMagin engineers display technologies, including its Direct Patterning Technology (dPd), which will alter the way the world consumes information. Its main advantages are low power consumption, extended equipment battery life, the absence of an illuminator, a wide temperature range, the absence of a heater or drive chip, a tiny form factor, the highest contrast, beautiful colors, no smear, and ultra high brightness.

ROBOTIS operates as a global robot solutions provider. They manufacture robotic hardware and are known for being the exclusive producer of the DYNAMIXEL, a high-performance actuator.

Mcity, the autonomous vehicle research center on the University of Michigan campus.Mcity is the only advanced mobility R&D center that combines early-stage research, testing in a real-world environment, and on-road vehicle deployments to further prove new technologies.

The demand for thin and flexible screens is increasing. At the same time, expectations for less power consumption and better image quality are rising. In order to reduce the power consumption and increase the display resolution, highly efficient blue emitters are necessary. After 20 years of research in the field of phosphorescent emitters by industry and scientific institutes, no blue emitting material that is efficient, stable and shows the required deep-blue color, has been developed. Their mission is to create added value for OLED producers by supplying highly efficient OLED products based on the TADF technology (Thermally Activated Delayed Fluorescence). The purely organic and iridium-free emitter systems function according to the TADF principle and were developed for the modern vacuum processes of OLEDs.  Cynora was founded in 2008 by Thomas Baumann in Bruchsal, Baden-Wurttemberg.

Angel Robotics is a robotic technology company that offers wearable robotic devices for disabled people.

Wir verbinden Erzeuger, Verbraucher, Speicher, Mobilität und das Netz in Microgrids: Kiwigrid-Lösungen unterstützen alle gängigen Energieanlagen.  Wir machen Energie transparent: Kiwigrid-Produkte sind schnell zu installieren, zeigen sofort sämtliche Energieströme in verschiedenen zeitlichen Dimensionen (Tag, Monat, Jahr) an und errechnen Kilowattstunden und Euro-Umsatz.  Wir monitoren Ihre Geräte und Anlagen: Mit Kiwigrid haben Sie alle Anlagen, deren Zustand sowie vorgefallene Ereignisse stets im Blick.  Wir automatisieren und optimieren Stromerzeugung und Verbrauch: Unsere nachladbaren Energy-Apps optimieren Ihren Energiehaushalt.  Mit Kiwigrid sparen Sie bares Geld.

DecaWave is a pioneering fabless semiconductor company which has developed a complete, single chip CMOS ultra wideband IC based on the IEEE802.15.4a standard, and building a family of parts to work at rates 110kbps, 850kbps, 6.8Mbps and 27Mbps.  DecaWave has identified the rich potential of ultra wideband (UWB) technology, with particular focus on real time location systems (RTLS) and Wireless Sensor Networks (WSNs), and has been instrumental in developing the alternate PHY IEEE802.15.4a standard.  The resulting silicon has a wide range of applications and DecaWave is currently working with lead companies in over 30 different verticals to develop applications in areas as diverse as agriculture, manufacturing, healthcare, lighting, security, transport, inventory & supply chain management.

Ecast is the leader in place-based interactive media. Their hospitality network delivers digital music, games, entertainment, information and interactive advertising to more than 10,000 bars and nightclubs across the United States. Leveraging the personal impact of touch combined with the interactivity and targeting of the Internet, Ecast brings unsurpassed consumer engagement to out-of-home markets and is redefining the way consumers are entertained, informed and engaged.

Headquartered in Seattle, Monet Mobile Networks Inc. (formerly Burst Wireless Inc.) was founded by telecommunications industry veterans in mid-1999. Monet is a wireless Internet service provider, offering users fast, mobile access to the complete Internet, email, corporate intranet applications, data and customer support. The Monet service can be purchased online at www.monetmobile.com, at Wireless Retail, Inc., Blockbuster Video, Best Buy stores and other authorized dealers in Sioux Falls, S.D., Fargo, N.D. and Moorhead, MN for $49.95 per month. The company's investors include Mayfield, Soros Private Equity Partners, Qualcomm, Intel Capital and Hook Partners. For more information, please visit www.monetmobile.com.

CENiX, inc. is a designer and automated manufacture of next generation high-speed optoelectronic interfaces.

Softonnet Inc. in virtualization and cloud computing market of East Asia. Softonnet’s patented on-demand-based streaming technology, along with software and disk virtualization technology, has been providing “the complete cloud computing” environment to various types of organizations.

LG is a South Korean multinational company which includes LG Electronics. LG Englewood Cliffs is a new building initiative that protects the palisades and creates homes for the growing U.S. workforce. The company is focused on delivering products and services that make lives better, easier and happier though increased functionality and fun. It strives for greatness in product leadership, market leadership, and people leadership to realize our growth strategies.

<div> LG Electronics (KRX: 066570) is a South Korean&nbsp;multinational&nbsp;electronics&nbsp;company. LG Electronics is a part of&nbsp;LG Corporation, the fourth-largest&nbsp; chaebol &nbsp;in South Korea. LG Electronics has been listed on the Korean Stock Exchange since 2002. It generated revenue of KRW 83,467 billion (~USD 65 billion) in 2022. The Home Appliances &amp; Air Solutions (H&amp;A) segment was the largest (~36% of total revenue in 2022), offering refrigerators, washing machines, air conditioners, etc. The Home Entertainment (HE) segment offers TVs, audio and video devices, PCs, monitors, and accessories. The Vehicle Component Solutions (VS) segment offers in-vehicle infotainment, vehicle HVAC and motors, vehicle engineering products, and connectivity solutions. LG Innotek offers a range of LEDs, optic solutions, substrate materials, and automotive components.&nbsp;&nbsp;&nbsp; In July 2023, LG Electronics <a href="https://www.lgnewsroom.com/2023/07/lg-ceo-announces-bold-vision-to-transform-lg-into-smart-life-solutions-company/"> declared </a> its vision to transform from a global home appliance brand to a &ldquo;smart life solution company&rdquo; that can connect and expand customers&rsquo; diverse experiences while driving global revenue to KRW 100 trillion by 2030. LG Electronics expects to achieve carbon neutrality by 2030 and reach 100% renewable energy use by 2050. </div>

LG Electronics Triples Profit on Demand for Home Appliances, Vehicle Parts -- Update

Companies developing robots that offer directions, assist with queries, and provide in-store entertainment to customers while providing insights on customer behavior. 

Companies that develop autonomous cleaning and sanitation robots for use in retail floors. 

Companies developing stock counting, price tagging, and consumer data aggregation robots mainly targeted for use in supermarkets and department stores.  

Companies developing robotic technology for automated online order preparation solutions and micro-warehousing centers designed to assist SME retailers with order fulfillment.

Robots that pick, place, slice, and butcher fruits, vegetables, meats and other food products. Also includes companies that develop robots for picking, placement, and dispensing of processed foods (ex: cake decorating).

Robotic solutions for pizza, burger and hotdog preparation.

Robotic solutions for salad and food bowl (pasta, ramen etc) preparation.

Robotic solutions for coffee, tea, soda, and smoothie preparation.

Companies offering engines that enable the development of AR/VR content, also includes companies offering capabilities to capture and create 3D images for immersive environments

Companies offering AR/VR solutions or toolkits for specific industry applications, including VR game developers

Smart Homes: Energy & Water Solutions

Companies that develop advanced energy generation technologies for houses (mostly solar).

Companies that develop battery storage solutions for home use.

Companies that develop real-time energy usage and efficiency monitoring solutions and generate energy reports. Includes companies that offer demand management solutions to monetize excess capacity.

Companies that offer water leak detection sensor systems and smart sprinkler systems.

Companies that assist home improvements (related to energy optimization) by bearing the upfront cost and charging users monthly fees based on energy usage.

A new generation for mobile connectivity with 5G and beyond

Next-gen Mobile Networks

Companies that are developing land-based hardware and equipment which are installed on the earth's surface to transmit and receive 5G/6G signals for use in telecommunications, including base stations, antennas, and routers

Companies that are developing space-based hardware and equipment to transmit and receive 5G/6G signals for use in telecommunications, including satellites and other space-based equipment

Companies that are developing technology and solutions which are used to improve existing network range or efficiency; also includes companies looking to build next generation networks themselves

Companies developing next-generation software solutions for mobile service providers to manage cloud infrastructure and network services

Companies that develop displays with versatile form factors that are bendable/foldable

Companies that develop displays that can project 3D images in mid-air, without requiring any special glasses or viewing devices

Companies that develop displays that are designed to mimic the appearance of ink on paper

Companies that develop displays that can be integrated into AR/VR headsets or smart glasses. This also includes transparent displays that can display information while maintaining transparency

Companies that develop displays that can provide tactile or haptic feedback to users, simulating the sensation of touch

Companies that develop displays that are ideal for ultra-short throw (UST) projectors that require limited space and wide viewing angles

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 LG is currently undergoing a restructuring process for its XR division, shifting employees from this unit to different sectors within the company. This adjustment follows reports that the company is indefinitely postponing its XR technology. Additionally, LG has terminated its product commercialization partnership with Meta, though the two entities will continue to collaborate on research and development endeavors.
 The process of relocating employees is in progress and is expected to continue over the next month. The employees who were previously dedicated to the XR division will now be contributing to the research and development sector, among others, in LG.
</div> Analyst QuickTake: 
 Meta and LG formally announced their partnership in <a href="https: 
//sp-edge.com/updates/27052"> February 2024 </a> , aiming to develop an XR headset. Rumors of a breakdown in the partnership began to swirl in <a href="https: 
//sp-edge.com/updates/29594"> May 2024 </a> , when Korean media outlets alleged a pause in the partnership in 2027 due to a lack of synergy.

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