LG Electronics aims for $725m in smart factory solution sales by 2030 with AI and expertise.
LG Electronics targets over $725 million in sales from smart factory solutions by 2030, leveraging AI technologies and manufacturing expertise. The South Korean home appliance giant entered the market this year, offering technologies and services to transform traditional manufacturing facilities into automated and digitized smart factories. LG's extensive experience and data in the smart factory solution sector, accumulated through its production technology research lab, LG PRI, will play a significant role in the company's future digital transformation strategy.
July 17, 2024
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