Vice Chairman Cho Seong-jin Emphasizes Leap Forward Through Fundamental Innovation
Key executives gathered to intensively discuss this year's business strategy

LG Electronics CEO and Vice Chairman Cho Seong-jin emphasized, “Let’s transform ourselves through innovation, overcome crises, and make LG Electronics an enduring company that lasts beyond 100 years.”

LG Electronics held the 'Global Sales and Marketing Leaders Workshop' at the Pyeongtaek Learning Center from the 19th to the 23rd. A large number of key company executives, including heads of business divisions, overseas subsidiary managers, and sales and marketing officials, attended the workshop to discuss profit-based growth strategies and plans to expand sales of premium products.



During a special lecture at a workshop on the 20th, Vice Chairman Cho urged, “Although the market environment is expected to become more difficult, it is time to take a leap forward again through fundamental innovation in business structure and business methods,” adding, “We must accelerate the development of market-leading products and continuously expand LG’s unique differentiated products, such as OLED TVs and TwinWash.”

Vice Chairman Cho also stated that for sustainable growth, the company will focus on ▲profit-driven growth, ▲strengthening product competitiveness to achieve this, and ▲changing the way of working to foster a winning organizational culture.

Meanwhile, LG Electronics was named among the "Top 100 Global Sustainable Companies" announced by the Canadian business magazine Corporate Knights at the World Economic Forum Annual Meeting (Davos Forum) held in Davos, Switzerland, earning the honor of being selected for four consecutive years since 2014.