LG

■ The LG Awards ceremony honored teams across various divisions within LG, including R&D, Production and Quality, Purchasing and Supply Chain Management, Sales and Marketing, and Leading Products, recognizing their contributions to innovation and customer value creation.
 
■ Chairman and CEO Kwang Mo Koo spoke at the ceremony, expressing his gratitude for the teams' dedication to customer-centric innovation and emphasizing the importance of understanding and exceeding customer expectations. 
 
 
LG celebrated a broad range of groundbreaking innovations at its annual LG Awards ceremony held at LG Sciencepark in Seoul on March 21st, spotlighting achievements that have significantly enhanced customer experiences. The event aimed for a consolidation of LG’s innovation efforts from various divisions while fostering synergy across departments in one ceremony. 
 
Chairman and CEO Kwang Mo Koo addressed staff during the ceremony and praised their efforts. “Thank you for the dedication and hard work you put into serving your customers. I’m grateful to celebrate your achievements with you. I think the most important thing for LG is to recognize what our customers want and create value for them. This value should go beyond simply creating innovation for its own sake. We will focus squarely on increasing value for customers and commit to actively supporting you to ensure that your bold attempts and efforts receive the recognition they deserve. In the future, I dream that LG will become a company where our thoughts and actions create small innovations for our customers every day. So much so that the word 'innovation' itself no longer needs to be emphasized."
 
More than 20 teams from different divisions within LG, including R&D, Production and Quality, Purchasing and Supply Chain Management, Sales and Marketing and Leading Products, were honored during the ceremony. The prestigious Best LG Award was jointly presented to the LG Display and LG Electronics teams for their pioneering work on the world's first Rollable OLED Display technology.
 
LG Display's Rollable OLED Display is a new form factor for the future display concept. It leverages the strength of OLED technology that does not require backlighting to create a screen that rolls up and unfolds like paper. LG Electronics' Rollable OLED TVs introduce a novel spatial dynamic, enabling the screen to seamlessly retract within the body when not in use. This innovative product won numerous awards, including Best TV Product at CES 2019, for its exceptional competitiveness.
 
LG also recognized several other teams for their outstanding contributions to innovation and building customer value. Notably, the LG Display team was lauded for its efforts to build consumer trust and promote OLED TV technology globally, exemplified by the expansion of 15 global TV product brands. LG U+ was acknowledged for its development of ultra-high-speed, low-latency 5G services for live sports and entertainment broadcasts, while LG Chem was commended for advancing unique battery life testing methods. LG Electronics received recognition for its leadership in the home beauty device market with LG Pra.L, featuring advanced technologies such as LEDs, microcurrents, and high frequencies.
 
The LG Awards ceremony was attended by 170 executives and CTOs, including LG Group Chairman and CEO Kwang Mo Koo and representatives from various LG subsidiaries. It underscored the company's unwavering commitment to innovation and customer-centricity. Executives like LG Household & Health Care Vice Chairman Suk Cha, LG Corp. Vice Chairman Kwon Young-soo, LG Display Vice Chairman Han Sang-beom, LG Electronics Vice Chairman Jo Seong-jin, LG Uplus Vice Chairman Ha Hyun-hwoi, LG Chem Vice Chairman Shin Hak-cheol, and LG Sciencepark President Ahn Seung-kwon also attended, highlighting LG's holistic approach to driving impactful advancements across diverse sectors.