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LG JOINS CONNECTIVITY STANDARDS ALLIANCE BOARD

LG JOINS CONNECTIVITY STANDARDS
LG Electronics (LG) has been named to the Board of Directors of the Connectivity Standards Alliance (the Alliance), the leading global organization focused on developing, evolving and promoting universal open standards for the Internet of Things (IoT).

As the global home appliance market leader and a Promoter Member of the Alliance Board of Directors, LG brings a wealth of expertise and experience in smart home and communications technologies to the global organization. The newly appointed Board of Directors members are Don Williams of LG's Chief Strategy Office and Dr. Sang Kim of LG's Chief Technology Office.

With its elevated role within the Alliance, LG plans to actively participate in the development and standardization of Matter – the Alliance's open-source IoT protocol for connecting smart home devices – and lead the expansion of the smart home ecosystem.

"Through our role on the Alliance board, we are demonstrating our full commitment to creating a more connected and convenient future,With the adoption and support of Matter, our growing lineup of smart products, including TVs, home appliances and IoT devices and sensors, will be able to connect to each other – and all compatible solutions – more securely and easily. We will continue to deliver innovative customer experiences and help drive the evolution of the smart home forward."

-Dr. Kim Byoung-hoon, CTO and executive vice president of LG Electronics.

Matter, an Internet Protocol (IP)-based communications standard for smart home technologies, is helping to create an open smart home environment where products from diverse manufacturers can communicate and share data, making compatibility issues a thing of the past.

LG aims to provide support for Matter across its convenience-enhancing smart platforms, including the LG ThinQ smart home platform and app and the award-winning webOS™ smart TV platform. The adoption of Matter will not only benefit LG customers but also strengthen the overall competitiveness of the company's innovative home appliances and TV lineups.

Like the Alliance, at LG, we are committed to evolving and improving the world in which we live," said LG Senior Vice President of Innovation Dr. Sokwoo Rhee, and head of LG's North American Innovation Center, LG NOVA. "For us, this means innovative product development focused on delivering a better user experience and improving how we provide service and value in the home and beyond. We look forward to this collaboration and all the opportunities to come.

"LG brings great energy and market reach to the Alliance, with its wide-range of products to their engineering expertise and connectivity solutions, but what makes the Alliance stronger with LG is its dedication to innovation, We are excited to have LG join our Board to help spur even greater innovation in what's next with Matter, expanding the value of the Internet of Things to consumer everywhere."

-Tobin Richardson, President, and CEO of the Connectivity Standards Alliance.

Composed of more than 500 companies, the Alliance's global membership, collaborates to create open standards for the IoT, transforming the way we live, work and play. With its members' deep and diverse expertise, robust certification programs, and a full suite of open IoT solutions, the Alliance is leading the movement toward a more intuitive, imaginative, and useful world.

About LG Electronics, Inc.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG's four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global sales of over USD 63 billion in 2021. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news

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