LG Electronics Targets $79B in Sales by 2030 with $39.5B Strategic Investment

  • LG Electronics plans to invest $39.5 billion in R&D, facilities, and strategic initiatives to boost sales to $79 billion by 2030.
  • The company will enhance service platforms for home appliances, strengthen B2B sectors, and propel new sectors like EV charging and digital healthcare.
  • After quitting the mobile phone business, LG aims to re-establish itself as a comprehensive platform-based tech company focusing on smart homes, IoT sectors, EV components, robotics, and AI.
Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications