Monday, 17 July, 2023

LG Electronics Sets Ambitious Goals with $39.5B Investment for $79B Sales Target by 2030

LG Electronics has unveiled its ambitious plan to invest $39.5 billion in various areas with the goal of achieving $79 billion in sales by 2030. The investment will focus on sectors such as electric vehicle components, artificial intelligence (AI), robotics, and smart homes. LG aims to strengthen its market position and technological capabilities, leveraging emerging technologies to drive growth and innovation. This substantial investment underscores LG's commitment to staying competitive.