Yes. So, when you're trying to bring these European trends into LG's products, you talk about the LG design language. Is there a very strong CMF design language at LG?
Nahm: I would say it depends on the product, and the character of the product, that we have as projects, because there's always a purpose for each product. For instance, there are products that have to give luxurious premium satisfaction, whereas there are also products which will be more functional and provide value versus the price paid for it. It depends on the mission or the purpose of the product but I think in general there's a minimum bottom line of quality above which CMF has to be standing. We cannot go lower than that or we should stay in this sort of quality range – it could be an emotional quality, or it could be a physical quality – so that we can provide at least this standard.
I guess, if I'm right, you have these different sub-brands, like LG Objet and LG SIGNATURE, so these are very different in the way that they appear and their stories in terms of the CMF. And I have to say that the SIGNATURE sub-brand is obviously the premium one, but I see that kind of quality in many of your products. I mean, for me, it's always delivered very well.
Nahm: There's this cascading effect which means, for example, with the origin of SIGNATURE, the idea was to launch a product which was not just premium; in fact, we've been calling it “hyper premium”, which is to say something which is beyond premium, but that doesn't mean that we have to use the most expensive materials or finishes on the product. Instead, we ask ourselves: how can we actually provide something which is more premium than what's in the market?
And we kind of had success because SIGNATURE was a really good blend of stylish design but also the usability has been smart enough to compete in the market during that time. And since the success case of SIGNATURE, we've been able to cascade everything that's good in SIGNATURE into each appropriate product price level or brand tier meaning the cheapest refrigerator of LGE from the time before SIGNATURE is far different from the affordable ones that we're selling right now. There's probably a few years’ gap, but I think within that gap, the existence of SIGNATURE made a huge difference, because it made us build – or even transform – the most affordable ones in a more quality-oriented way.
So I guess SIGNATURE, as that premium sub-brand, the top premium sub-brand, gave the organization confidence to then apply some of that to different products and also create subcategories below that?
Nahm: Right, so SIGNATURE has actually pulled up the standards of quality in all line-ups for the LG product portfolio. SIGNATURE started out as home appliances mainly and then there was also the television and all the other product ranges, so it was spreading out 360 degrees to elevate the overall design quality.
Very interesting. And then LG Objet is the more lifestyle-focused one? That came next, is that right?
Nahm: We planned to make the Objet collection more space-centric, more lifestyle, more interiors-focused, physically speaking. Internally, we initially called it Space Fit, which means that, dimensionally speaking nothing just pops out or interrupts the balance or the flow. And then because there are a lot of different styles in the interiors, or different lifestyles, we thought it would be interesting to give them some customizability to edit someone's own taste onto the surface of an appliance product that's sitting there, which after all are not small-sized ones.
It’s very bold. These are not quiet objects.
Nahm: It's a huge, huge mass of electronics sitting in your space, right? From fridges to air conditioners and air purifiers, I mean, anything which is a title appliance is relatively big, quite incomparable. It’s almost the size of furniture.
Right, but then rather than doing something that would be very safe and very neutral, you did something that was really “in-your-face” – lots of colours, lots of patterns – and that was quite a big risk because you don't make something for the masses, you make something that's very bold and very decorative. I'm thinking of the air purifiers, these little coffee tables, it's almost like a piece of Memphis in your living room!
Nahm: I mean, if you look the other way around, let's say refrigerators. The refrigerators before Objet collection used to be white, or metallic, or even black, or something with reflective glass surface, something expressing a huge presence in the space. I mean if you like it, that's okay. But if you don't, if there's anything you don't like, in terms of the surface of the refrigerator, it's a burden to have that sitting in your kitchen. It's basically a huge tank which you don't like that much or maybe you liked it before but now you don't anymore. In that case, you want to have something that's more harmonious sitting there, something that blends well with the furniture or any other installments in that space.
The term Space Fit also meant, from a CMF perspective, to be able to apply materials, colours, and all the finishes that are compatible or that blend harmoniously with the interior materials. I’m thinking about when we implemented the matte surface, the satin finishes, so that it's not glossy anymore. It's not pretending to be a hero of the kitchen anymore, but it blends into the space well, it still has a certain presence because it's got this ratio to the size sitting there. It still takes a lot of space in your kitchen, but it feels more friendly. It feels more subtle. And it feels more like a furniture rather than just a cooling tank.