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Originally published by Tech Arena
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February 5, 2026
1d ago

LG Electronics Sets Strategic Direction to Drive Growth, Innovation and Profitability

LG Electronics Sets Strategic Direction to Drive Growth, Innovation and Profitability

LG Electronics (LG) Chief Executive Officer Lyu Jae-cheol has outlined the company’s management direction and strategic priorities, as the global technology leader..

✨ Key Highlights

LG Electronics CEO Lyu Jae-cheol has outlined the company's new strategic direction, focusing on sustainable growth, innovation, and profitability in a rapidly evolving business environment. The plan emphasizes strengthening core competitiveness and shifting to a high-performance business portfolio.

  • LG will establish an Innovation Drive Division, reporting directly to the CEO, to accelerate transformation across product development, manufacturing, supply chain, and sales.
  • Key growth areas include B2B businesses (vehicle solutions, HVAC) and non-hardware businesses (subscriptions, webOS platform), which now account for nearly half of LG’s global revenue and approximately 90 percent of operating profit.
  • Artificial intelligence (AI) will play a central role, with LG aiming to improve overall productivity by 30 percent within the next two to three years through AI Transformation (AX).
  • Total investment, including capital expenditure, software, and IT, is expected to rise by more than 40 percent year-on-year, partly funded by the planned IPO of LG Electronics India.

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