[background sounds] so, tim alessi of lg, whats new in the world of the . Guest oled has been our number one priority for the past several years. No exception in 2018, a whole new lineup which builds on the Great Success theyve had especially in the premium segment of the market. Widely recognized as the Gold Standard in picture quality these days, but were trying to do our best to make it even better in a couple of ways. Number one, we have a new process or. Kind of under the hood top stuff, but the processer is really what makes the picture as beautiful as it is. So this processer is up to 50 more powerful than previous ones in terms of processing speed and memory. So that means it can do a lot better job on taking out unwanted artifacts in the picture like noise or banding or artifacts and things like that. So youre going to get a beautiful picture, more realistic color and just kind of take it up to the next level. Host and oled means . Guest organic limited diode. Different from lcds even though the led part sounds the same in that its a missive technology. It makes its own light. So it doesnt need a back light, and theres a few really important advantages to that. Number one is form factor. You can make it exceedingly slim. Our wallpaper tv, for example, is about four millimeters in depth to get all that beautiful picture. And the other is you can control every pixel individually. You get perfect black levels, perfect black levels, perfect contrast especially no light bleeding around objects if theres a bright object on a screen, its going to be nice and crisp and clear. So thats what oled is all about. Host 4k, 8k, what do those mean . Guest the k factor refers to the resolution. How many individual pixels are used to make up the overall picture. And since every tv is made up of pixels which are individual dots, the more you have, the more dense the pixel structure, the more natural the pixel hooks. With a lower resolution tv, they commonly call it the screen door effect. You can imagine looking at the screen door and the grilled, its not very pleasing especially for a High Definition picture. 4k means theres over 4 million pixels im sorry, 4k means the horizontal resolution is 4,000. When you multiply it, its over 8 million pixels which is four times what people know over High Definition. Host so, tim alessi, tvs are not just dumb screens anymore. They contain a lot. Guest thats right. Most major brands of tvs now or smart in one form or another. We have an operating system called web os, and its a very simple onscreen process to access streaming apps from all the most popular providers like netflix, amazon, youtube, hulu, and theres tons more. So it opens up the options for content to you are virtually in to virtually unlimited. But the trick there is to make it easy to find, so theres some really powerful search functionality, and its really simple to navigate with what we call our magic remote which is an on screen remote. Host when with you read about people cord cutting or using their computers to watch video, does that concern you at lg . Guest no. That actually excites us at lg because cord cutter, whats really enabling cord cutting is this smart functionality in tv, this over the top refer to over the top, its not coming by a traditional broadcast. So thats whats really opening up all these options that are making people feel comfortable to cut the cord. Host one of the things weve been talking with a lot of folks out here in vegas at the ces show is about 5g, and how does that how will that impact your product . Guest not directly in the tv, at least i say not directly, i guess 5g to the extent that it will offer more bandwidth or speed to whatever Internet Provider people are using to stream, it would have a benefit. As you get into these newer forms of content that are 4k or high dynamic range, its a lot more data. So having a stable Internet Connection is very important to that whole delivery chain. Host does it matter to your end product whether people use fios or comcast or just hd . Guest well, it matters. The source, content always matters. But if youre talking about all of the major cable or satellite companies, theyre all delivering a very good product in terms of the signal, you know . And a lot of it is dependent on the source content as well. But they all have, you know, very advanced settop boxes that are connected through hdmi, a digital interface to get all that quality onto the screen. Host are we going to be looking at flexible screens, screens that curve . Guest weved had screens that concern. Actually, last year we introduced a product called wallpaper ole where we took all of the electronics out of the panel, put it in a box that looks like a sound bar, sits right under the tv, and its just the panel itself. So theres a degree of flexibility to it. Its not made to be on a Curved Surface per se, but it really kind of hints at whats possible with oled. As i mentioned, without the need for a back light, now you have this very thin form factor, and you can it enables some curved things. Our Sister Company lg display, for example, the actual panel supplier, is showing a prototype of a rollup display based on oled, that it actually rolls up into a storage box, and you with press a button, and it rises out. When youre done watching, it goes back in. This is a little bit of a glimpse of the future of whats possible. Host tim alessi is director of new Product Development at lg. Thanks for your time. Host and this is the scene at the Consumer Electronics show in las vegas. More from our visit coming up. [inaudible conversations] take it above me. Just take it out. So is this a drone . The it is a, at its purest level, an upscale super or drone, yes. Fully electric. So who would pilot it . Itd be fully autonomous. So this was built as, essentially, an urban air taxi. Okay. So you would get in, it would take you to your so your air uber. Right now about 30 minutes flight time, 17 miles. Less than two hours. Host and now on the communicators we want to introduce you to sherif hanna who works at qualcomm. What do you do here . Guest im director of Product Marketing for 4g and 5g products. Host and what does that entail . Guest that entails promoting the most advanced cellular features as well as the Cellular Networks adopt the latest 4g and 5g technology. Host so can you identify what 5g is and what goes into making it . Guest sure. So 5g is going to be the next generation of cellular technology. Thus far weve gone from 1g all the way to 4g, so 5g is the next generation. And with 5g we think that it will improve on Cellular Communications in three important ways. The first way is its going to provide for much faster internet speed, for example, on your smartphone. Were talking between five to ten times faster than the most advanced 4g networks that are available today. Things like movie downloads and music and productivity and Everything Else. But thats to be expected from every generation, you know, faster [inaudible] [audio difficulty] big improvement and different than 4g is its ability to connect what are called the internet of things devices. Connectivity, a whole host of objects to make them connected and smart. For example, lightbulbs, thermostats, but also in the city. So the streetlights, parking meters, Everything Else, and connect a very large number of those dices all at once in those devices all at once [inaudible] right from the get go so that these devices can have very long battery life, have great coverage and also become [inaudible] so we can add connectivity to almost any object that we can imagine. And then the third kind of vector of improvement provided over 4g is what we call Mission Critical services. So the ability to correct, for example, Autonomous Cars, enable them to communicate with each other so they can coordinate when theyre on the road. Imagine there are two cars coming to an intersection, and they need to decide whos going to slow down, whos going pass. They need to communicate reliably and quickly because even a few milliseconds can make a difference between an accident happening. So 5g will actually be reliable must have to allow for these Autonomous Cars and drones and Everything Else to communicate with each other, and thats simply not possible with 4g. Host what is qualcomms role in developing 5g . What are you making . Guest so [inaudible] we help actually invent the 5g standards. So a lot of the technology at the core of how 5g works were actually invented by qualcomm in san diego and other locations. In addition to coming up with the standards, we work with partners around the world. So the Cellular Network companies, at t, verizon, as well as the companies that built the equipment, nokia finish. [inaudible] we work with all of them in addition to the companies that make the actual smartphones and mobile dices, i. T. Devices. We work on the technology itself, and then we make the chips that finally go into these products to enable them with 5g connectivity. Host so does this phone have any qualcomm products in it right now . Guest so even it does have a qualcomm product. Lets say even if theres a smartphone that does not have an actual qualcomm chip inside, it still uses qualcomm inventions because we helped actually invention 2g technology, 3g technology, 4g technology, so whether a device uses our actual chip or not, its still using our invention. And thats kind of the role we like to play in the industry, inventing the fundamental technologies that are used by the entire mobile ecosystem. Host are we going to [inaudible] to accommodate 5g . Guest yes. So you will have to buy a new smartphone or mobile device that has 5g connectivity built in order to take advantage of the new 5g networks that will emerge. And at this point were looking at the first 5g network in the first half of 2019. So were justover a year away from an entirely new generation of devices and networks with incredible music abilities [inaudible] host is the development of technology for 5g a competitive field right now . Guest extremely competitive. There are a lot of people that are jockeying for leadership positions. Whether its us versus other Semiconductor Makers and wireless System Companies or network companies, cellular companies, everybody is kind of jockeying, hike i said, more like i said, for position. Its incredibly complex. The make 5g work, its to orders of magnitude more complicated than 4g was. But that complexity is good for us. When we so problems, we bring a lot of value to the mobile ecosystem, and so theres a lot of work ahead of us in the next 12 months, and we hope we can maintain our Technology Leadership which we have right now. Host how did you get into this work . Guest i mean, ive been around the mobile industry for over a decade in kind of various roles within different Semiconductor Companies but finally a made the move to qualcomm, definitely attracted by the role that qualcomm plays in the mobile ecosystem in terms of fundamental research and development that really not a lot of companies do on these very, very difficult problems. Qualcomm has that role and embraces it, you know, the inventers, the thinkers. Moved to san diego and decided im going to work for qualcomm, im going to go to work on the cellular [inaudible] im an electrical engineer by training. Now i do market [inaudible] [inaudible conversations] [background sounds] host and now joining us on the communicators is peter ca think. Guest we are a Business Advisory development and Investment Firm thats based in southern california. Host what does all that mean . Guest we help Companies Find capital, look for strategic opportunities for themselves, strategic investment, m a activity. We advise them, we help them look at all the different possibilities in this brave new world where technology is radically transformed in the media landscape. So we have a Strong Network. We know people across both traditional media and in the new media side, and we do a lot of connecting. And also investing. Host so are you a Venture Capitalist . Guest yes. Part of the business for Creative Media is we have a Venture Capital fund with a couple different partners, one of which is two different actual partners in a law firm based in santa monica. And theyre very much techfocused, boutique firm. Highend, great, really astute people. One of their early investments was skype, as an example. Another one of my partners is brad jones, Founding Partner of red point, and red point is one of the [inaudible] of Venture Capital funds based out of silicon valley. Host so as a Venture Capitalist, whats your goal for a percentage of [inaudible] guest well, our goal is to have 100 of wins, of course. The typical thing they say is that if you have 2 out of 10, then youre doing okay. We think we can do much better than that because of how close we are to the business and because of the relationships we have. So our philosophy when were looking at early stage, median Tech Companies is that were looking for those who are really innovating but highly pedigreed, and we can bring the fact that ive been an operator, as an example. Ive run a number of Digital Media companies, sold them, and so we can help them there an operations standpoint, but we can also so we can be active. We have a really Strong Network and get to just about anybody in the median tech space with the group that we have. Host before we talk about your career guest yeah. Host and your book that you have coming out, walk us through a traditional or a typical investment that you would make. How would you start . Guest yeah. Well, is so we there are different ways to source new potential tons. We either opportunities. We either may know of an early stage Startup Company by Just Relationships we have or frequently they come to us, and theyre looking for capital. So thats one way. Were also very close to a number of other Venture Capitalists who are in and around the space of median tech, and because they know us and we know them, if they see a great opportunity, then theyll come to us and theyll say, hey, do you want to be part of this syndicate that invests in this fund. So one thing given all of that, we dont have a problem sourcing capital or sourcing deals. Then its a question of identifying which ones are the best with the brightest people who have the best chance where we can help them succeed, and thats how we look to play in the game. We focus on a pretty broad swath of Digital Media tech. So it can be video, it can be music, but it can also be virtual reality, augmented reality, esports, pure technology. Ill give you one example. On the Digital Media side, were invested in a Company Called 38 rising 88 rising. And 88 rising is a leading asianfocused millennialfocused mobile first media company. And based on new york city were investors with ohs who are really high others who are really highend investors in the space. But were early investors in the founders of skype, their new s. T. A. R. T. Up which is startup which is a robotics company. Very much a Hard Core Technology play. But were able to get in early because of the relationships that we have, and we like those kind of deals too. You have a, you know, the founders of skype with that kind of track record. So that alone gives them a better shot to be successful again. Host why would the founders of skype need your money . Guest well, the founders of skype can get they dont need anybodys money because theyll have money pouring in. Its more along the lines of we are, we have a reputation that is sufficiently high where were worthy to be part of that syndicate, but they also believe that we can help them with the relationships that we have and also we know them, they know us, they feel comfortable with us, and thats the kind of investors that you want. Host peter, just help us with the money aspect. Guest yep. Host are we talking 10,000 . Are we talking 10 million . Are we talking more, less, in between . Guest for our fund we can invest anywhere between 50,000 up to 500,000 in any given deal. So were early stage seed capital. But if we see a great series a deal, which those are the ones that are typically larger than that, then we can deploy more capital than that. Host so you talked about the fact that youre investing in different kinds of media and video. What are some of the trends that youre seeing . Guest well, certainly on the video side the over the top or internetdriven video. So the big players, of course, are the netflixs, the amazons, the hulus of the world, but theres also this subset where you take a particular vertical audience, lets say you like food, foodies who on the traditional side they would be watching the food channel or Something Like that on cable. Well, theres a, an internetdriven, so the Digital Media, new mediafocused Company Called taste made, and taste made is the leader in that category. So you have it delivered really with a mobile first audience in mind. So on the go. But then on demand anywhere, and thats when you loo