LG Energy targets 50% productivity increase by 2028 through AI transformation

Home > Business > Industry

print dictionary print

LG Energy targets 50% productivity increase by 2028 through AI transformation

LG Energy Solution’s plant in Michigan [LG ENERGY SOLUTION]

LG Energy Solution’s plant in Michigan [LG ENERGY SOLUTION]


LG Energy Solution aims to boost productivity across its operations by 50 percent by 2028 through AI transformation. 
 
The battery maker's CEO, Kim Dong-myung, outlined the goal in a message to employees, in which he placed AI transformation as a critical initiative directly linked to the company's long-term competitiveness and survival.
 

Related Article

 
Kim described the global battery market as an uneven playing field, citing rivals' heavy investment in talent and strong government support.
 
“It is time to change the rules of the game by focusing on core assets and talent through AI transformation,” he said.
 
He identified the company's extensive patent portfolio, intellectual property, three decades of industry experience and skilled work force as key strengths and stated that integrating these assets with AI technologies would create synergies capable of reshaping the market.
 
The 2028 target marks a significant revision from the company's earlier goal of a 30 percent productivity increase by 2030.
 
In January, Kim said the company planned to meet its earlier target by applying AI across product development, materials development and manufacturing operations.
 
LG Energy Solution currently operates eight battery plants: one in Korea and seven in the United States, Canada, Poland, China and Indonesia. Four additional plants in the United States are scheduled to begin operations this year.

Yonhap
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)