00:02LG Electronics and Apple are jointly developing AI smart home products and LG's installed base of
00:093.2 billion devices worldwide is the platform they're building on. It's Thursday October 8th
00:16let's take a look at a key development in Korea's industry sector. LG has long supplied appliances
00:23compatible with Apple's HomeKit ecosystem. The new partnership goes further. Joint AI product and
00:30service development with LG's global device base forming the distribution network and Apple's
00:35software providing the intelligence layer. Here's what the numbers show. 3.2 billion. That is the
00:42number of LG Electronics devices currently active globally, the installed base Apple gains access to
00:48through this alliance. Since collaboration deepened, LG TV sales linked to Apple integrations
00:54rose 9.2% year-on-year and connected refrigerator sales grew 5.0%. LG Electronics shipped 13.5 million
01:04TVs globally in 2025, with Apple-linked models accounting for a rising share of premium volume.
01:11Separately, HD Hyundai appointed Lee Sang-gyun as the new head of its shipbuilding operations,
01:17a leadership change designed to press its core business advantage as global order backlogs remain
01:23near record levels. So what does this mean for global industry analysts? Earlier, we said LG's 3.2
01:31billion device base is the strategic asset Apple is plugging into. Here's what that actually means
01:36for you. This is not a distribution deal. It is a joint development framework that positions LG as the
01:43hardware layer in Apple's AI home ecosystem, locking in appliance upgrade cycles and creating a recurring
01:50software revenue relationship in a category neither company has owned before. Watch LG Electronics' AI home
01:58product launch timeline for expansion beyond TV and refrigerators into new appliance categories.
02:05Monitor LG's premium appliance gross margin trajectory. Apple-linked sales skewing toward premium tiers should show up in the numbers.
02:13Track HD Hyundai's order conversion rate under new leadership as the global shipbuilding cycle
02:20approaches its peak. That's today's AI Prism, Industry Daily. This episode was produced with AI
02:28assistance based on Seoul Economic Daily reporting and reviewed by a human editor. AI Prism is a
02:34one IFRA award-winning series. We'll be back tomorrow.
