LG Electronics plans to spend $39.5 billion (50 trillion won) in R&D, facility and strategic investment as it aims to reach $79 billion (100 trillion won) in sales by 2030, up from $51.4 billion (65 trillion won) in 2022.
The Korean electronics and appliances behemoth, once a major name in the smartphone industry, rolled out its new strategy, transforming its home appliance and electronics goods maker into a platform-based tech company.
LG will bolster service platforms on its home appliances like TV products and white goods, reinforce business-to-business (B2B) units by leveraging its e
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