Digital TV News: LG Electronics

Global TV shipments to fall below 197 million units in 2023
Nov 28, 2023 – TrendForce's latest research indicates a decline in global TV shipments to 197 million units in 2023 - a YoY decrease of 2.1%. Samsung continues to lead in TV shipments this year.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

LG announces organizational restructuring
Nov 24, 2023 – To strengthen LG's smart TV operating system, a webOS SW Development Group will be established with direct reporting to the president of the group's Home Entertainment Company.
News categories: LG Electronics, Park Hyoung-sei, Digital TV, Korea, Smart TV, TV OS, Worldwide

LG expands platform offer with new webOS Hub 2.0S
Nov 17, 2023 – LG has announced that the its webOS Hub 2.0S for third party brands is branching out to include smart monitors, as well as providing more options for brands to offer a customizable user experience.
News categories: LG Electronics, Digital TV, Smart TV, TV OS, Worldwide

LG automotive content platform for Hyundai Genesis brand
Nov 1, 2023 – LG has announced that it will supply its in-vehicle infotainment system – featuring webOS for Automotive, with YouTube's native TV app – for Hyundai Motor's new Genesis models.
News categories: LG Electronics, Hyundai Motor, YouTube, Eun Seok-hyun, Kwon Hae-young, Tony Archibong, Content Distribution, Digital TV, In-Car, Streaming, USA

India Smart TV market grew 8% YoY in 1H23
Sep 25, 2023 – According to IDC, 4.5 million TVs were shipped to India in 1H23, up 8% YoY. Sales by e-tailers, new launches/model refreshes and clearing of old inventory fueled the growth.
News categories: IDC, Upasana Joshi, Digital TV, India, Market Research, Smart TV

LG presents vision to become media and entertainment platform company
Sep 19, 2023 – LG Electronics (LG) has shared its first step to become a media and entertainment platform company. LG shared its new direction and strategy at the webOS Partner Summit 2023 in Seoul.
News categories: LG Electronics, Park Hyoung-sei, Advertising, Digital TV, Smart TV, TV OS, Worldwide

LG Channels 3.0 delivers upgraded user experience with new UI
Sep 19, 2023 – LG has introduced LG Channels 3.0, the latest version of its streaming service, featuring a new UI with improved navigation, more engaging placements for content discovery, and an enhanced channel guide.
News categories: LG Electronics, Digital TV, Korea, Smart TV, Streaming, USA, UX, Worldwide

TrendForce reduces TV shipment forecast to 198 million units for the year
Aug 23, 2023 – According to TrendForce, H1 2023 global TV shipments reached 90.4 million units, a 3.5% decrease YoY. The company now expects shipments of 198 million units for the year, down 1.5% versus 2022.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

Minneapolis TV stations launch NEXTGEN TV broadcasts
Aug 22, 2023 – Minneapolis viewers can now experience the future of broadcast TV as five local stations - WUCW-TV, KSTP-TV, WCCO-TV, KMSP-TV and KARE-TV - launch NEXTGEN TV.
News categories: ONE Media, NAB, Minnesota Broadcasters Association, Jerald Fritz, Wendy Paulson, ATSC 3, Content Distribution, Digital TV, USA