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    A066570   KR7066570003

LG ELECTRONICS INC.

(A066570)
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End-of-day quote Korea Stock Exchange  -  05-23
102500.00 KRW   -2.38%
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LG Electronics' Advanced In-Vehicle Infotainment System Featured in the 2022 Mercedes-Benz EQS EV Sedan

01/12/2022 | 07:30am EDT

LG Electronics' newest premium in-vehicle infotainment (IVI) system will be a central feature in the 2022 Mercedes-Benz EQS EV sedan, the Pillar to Pillar (P2P) display built into the MBUX Hyperscreen that stretches across the entire width of the dashboard. With its unique interior concept and revolutionary human-machine interface, the first luxury electric vehicle from Mercedes-Benz AG highlights the futuristic trends in electric vehicle design and points to an vision for future mobility. First introduced by Mercedes-Benz at AG CES 2021, the MBUX Hyperscreen consists of three screens including LCD display, ICD (Instrument Cluster Display) and two OLED displays, CID (Central Information Display) and CDD (Co-Driver Display) under a bonded glass cover to give the appearance of a single, continuous display. The use of advanced plastic OLED (P-OLED) display technology enables the infotainment system in the Mercedes-Benz EQS EV to deliver clear, sharp images and text and slim bezels with no physical knobs means occupants get an intuitive touch interface with refined haptics for a user experience (UX) with minimal learning curve. LG's IVI system was specifically designed to meet the needs of Mercedes-Benz AG with the curved, panoramic form factor required by the ultra-sleek sedan. LG's in-house Production Engineering Research Institute, tasked with providing in-house expertise for equipment and material components as well as advanced production techniques, developed the core technologies implemented in the display: Curved Glass Forming, Surface Treatment and Curved Display Bonding. Working closely together, LG and Mercedes-Benz AG engineers are taking in-vehicle displays such as instrument panels and navigation systems to a new level, providing drivers and passengers with greater convenience and control of their on-road experience. The visually-pleasing IVI system in the Mercedes-Benz EQS EV not only raises the bar for ease-of-use but also safety, featuring new technologies that perform well above minimum standards for head-on and collisions.


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ChangeLast1st jan.
LG ELECTRONICS INC. -2.38% 102500 End-of-day quote.-25.72%
ON SEMICONDUCTOR CORPORATION -2.49% 54.5 Delayed Quote.-19.76%
All news about LG ELECTRONICS INC.
05/24LG ELECTRONICS : Gear up for Next-Level Gaming Experiences With New LG UltraGear Gaming Mo..
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05/23LG Electronics partners with artist Kevin McCoy for digital canvas in NYC
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05/23Lg electronics honored by u.s. epa as 2022 energy star partner of the year
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05/09LG Electronics May Develop Auto Chips In-House
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04/29Nomura Adjusts LG Electronics' Price Target to 170,000 Won From 190,000 Won, Keeps at B..
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04/28South Korea's LG Electronics Net Income, Sales Rise in Q1
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Analyst Recommendations on LG ELECTRONICS INC.
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Financials
Sales 2022 80 876 B 64,0 B 64,0 B
Net income 2022 2 969 B 2,35 B 2,35 B
Net Debt 2022 1 643 B 1,30 B 1,30 B
P/E ratio 2022 5,99x
Yield 2022 1,23%
Capitalization 17 623 B 13 943 M 13 943 M
EV / Sales 2022 0,24x
EV / Sales 2023 0,20x
Nbr of Employees 37 337
Free-Float 69,0%
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Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 102 500,00 KRW
Average target price 162 592,59 KRW
Spread / Average Target 58,6%
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Managers and Directors
Joo-wan Cho President. Chief Executive Officer & Director
Bong Seok kwon Chairman
Byoung-hoon Kim Chief Technology Officer & Executive VP
Jong-Sang Lee Vice President, Head-Legal & Compliance Support
Dae-Hyung Kim Independent Director
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