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he first LG OLED WebOS TV produced for Bang & Olufsen to be launched in 2017
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Old 03/27/2016, 05:26 PM   #1 (permalink)
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The first LG OLED WebOS TV produced for Bang & Olufsen to be launched in 2017 for Smart Home integration.

Bang & Olufsen enters a strategic technology partnership with LG Electronics regarding development and production of Bang & Olufsen’s future TV

Strategic partnership with LG Electronics Inc (”LG”)

As previously announced, Bang & Olufsen a/s ("Bang & Olufsen") initiated a review to identify strategic and structural options to increase scale and further reduce complexity within Bang & Olufsen.

As a result of this review, Bang & Olufsen has entered a strategic technology partnership with LG, one of the world’s largest producers of TVs and a technological frontrunner with its leading OLED technology and WebOS. The agreement entails that Bang & Olufsen will focus on its unique competencies within design, acoustics and smart home integration within TV development, and combine this with LG’s technological leadership within OLED technology.

“This partnership with LG will enable Bang & Olufsen to stay at the forefront of innovation in the TV category, a category which is currently undergoing significant change and which is very important to Bang & Olufsen. The partnership will address Bang & Olufsen’s key challenges related to scale and complexity”, says CEO Tue Mantoni.

The partnership will help solve a key strategic challenge as Bang & Olufsen will achieve technological capabilities and scale needed to improve the long-term profitability of the company. The partnership will allow Bang & Olufsen to focus on core competencies within acoustics and design, while further optimising the company’s supply chain, development, production and service.

The first OLED TV produced by LG for Bang & Olufsen as a result of the partnership is expected to be launched in 2017. Further, the partnership involves collaboration in other areas such as license and product bundle activities.

As a consequence of the partnership, Bang & Olufsen expects to improve gross margins and reduce capacity costs. The agreement has an annual savings potential of DKK 150-200m when fully implemented over the next three years. As such, the partnership is an important step towards achieving the financial targets set out for 2017/18 of an EBIT-margin of approximately 7 per cent and a positive free cash flow.

As a result of the partnership Bang & Olufsen expects to realize restructuring costs of DKK 10 to 15 million, of which up to DKK 5 million will be realized in the fourth quarter of 2015/16. The restructuring costs have not been included in the current outlook for the 2015/16 financial year.


https://globenewswire.com/news-relea...future-TV.html

BeoLink SmartHome - Bang & Olufsen The company is from Denmark
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Old 03/28/2016, 02:03 PM   #2 (permalink)
 
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B&O, huh? Well that will be a $20K television.
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Old 03/28/2016, 04:26 PM   #3 (permalink)
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Oohh.. WebOS is going up in the World!
B&O have come up with some nice designs over the years too.
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Old 03/29/2016, 12:14 PM   #4 (permalink)
 
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B&O was doing home automation decades before anyone else and you paid for it (I used to sell it and install). But now that automation is available to anyone/everyone inexpensively with IoT products and cell phones, they've been losing market-share hand over fist. They will make a couple of cool looking items as show pieces for LG, but unless they do something extraordinary with the webOS interface, it won't grab much attention and a very limited ($$$) market.
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Old 03/29/2016, 12:31 PM   #5 (permalink)
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Yes.. looks like B&O are now looking to save themselves the cost of further 'developing' their own TVs anyway.. let's hope that together with LG, they also develop WebOS to it's fullest potential then.

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Old 03/29/2016, 08:00 PM   #6 (permalink)
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I think that B&O already had a TV from the 2014 set.. I think this is the first OLED though.

LG already has a $100K TV.. so I guess this should be a $200K TV? :-D
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Old 04/13/2016, 01:00 PM   #7 (permalink)
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And of course, since Apple nabbed 'Beats', it looks as though B&O are stepping into their shoes at HP too. I recently got an HP 'Omen' (good, I hope!) notebook from an electronic retailer firesale here in Aus.

The first models had Beats audio as standard, but this now has B&O's version - and is actually the best audio quality I have yet heard from a two-speaker notebook!

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Old 04/13/2016, 09:17 PM   #8 (permalink)
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Umh Will LG end buying B&O, sometime in the near future ?
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Old 04/14/2016, 11:16 PM   #9 (permalink)
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Umh Will LG end buying B&O, sometime in the near future ?

Once bitten ~ twice shy! (So they say!
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Old 04/23/2016, 01:45 AM   #10 (permalink)
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And now B&O have produced a tiny, powerful (& expensive) portable speaker unit.

Looks like they are leaving the living room & going mobile too!

B&O Play Beoplay A1 Mini Bluetooth Speaker: 24-Hour Battery Life And Big Sound In Tiny Package : TECH : Tech Times

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