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Science & Tech: Lg Electronics Sets Ambitious B2b Revenue Goal

SCIENCE & TECH: LG Electronics sets ambitious B2B revenue goal to offset declining consumer demand

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  • LG Electronics wants to expand its B2B offerings
  • The goal is to hit $7.5 billion in B2B revenue by 2030
  • The tech giant is looking to expand into digital signage and medical monitors

LG Electronics has revealed plans to intensify its focus on the B2B sector as the company seeks to offset declining demand in consumer electronics.

The company’s strategy aims to boost its B2B revenue to KRW 10 trillion (approximately $7.5 billion) by 2030, with projections indicating that B2B sales could account for 45% of total revenue by that time. This shift is driven by the stability of B2B operations compared to consumer markets, as well as the potential for long-term customer relationships that foster mutual growth.



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