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

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.