LG Electronics has set an ambitious goal to achieve 45% of its total revenue from B2B operations by 2030, targeting approximately $7.5 billion in revenue. This strategic shift aims to counter declining consumer demand and focuses on expanding offerings in digital signage, medical monitors, and smart factory solutions. The company is leveraging its 66 years of manufacturing expertise and integrating AI to enhance its B2B capabilities, fostering long-term customer relationships for sustainable growth.
Source: Tech radar, Stock titan