I own an LG TV as well, and while I assume the Mi TV Box 4K tracks me instead, at least it's unpowered while the TV is off, and the TV itself is not connected to my network. I have updated TVs/soundbars/etc, but only through USB. When they remove that option is the day I stop being a customer, moving to one that still does.

Better yet would be never needing an update, but alas.