LG Electronics is accelerating AI-driven growth across home robotics and AI data center HVAC, aiming to turn these into major growth engines.

To strengthen core competitiveness, LG plans a B2B actuators business by designing and manufacturing robot joints in-house, targeting components that can account for over 40% of a robot’s cost and positioning LG as a leading actuator supplier in a market expected to reach tens of trillions of won.

In AIDC cooling, LG will add liquid cooling to its lineup, aiming to become a core infrastructure partner for global tech giants.

All AGM agenda items were approved, including financial statements, amendments to the articles, treasury stock retirement, director elections, audit committee appointments, director compensation limits, and a 35% dividend increase to 1,350 won per common share.

Ryu Jae-cheol, appointed inside director, underscored AI and supply chain reorganization as growth catalysts, while noting market uncertainty presents both challenges and opportunities.

LG’s smart factory unit is targeting high-margin B2B solutions with manufacturing intelligence and has secured a backlog of 500 billion won within two years of its 2024 establishment.

Seo Seung-woo of Seoul National University was reappointed to LG’s audit committee, reinforcing governance with academic leadership.

CEO Lyu, who became internal director last year, and Professor Seo Seung-woo’s reappointment to the audit committee underscore the leadership’s focus on AI and governance.

LG outlined four strategic growth directions: widen the technology gap in core businesses, push high-margin B2B and subscription models, grow robotics and AI, and drive an AI transformation across the organization.

CEO Ryu Jae-cheol is expected to present a detailed roadmap for new ventures at LG’s annual meeting, with home-robot commercialization anticipated to take at least five years due to safety and versatility hurdles.

LG defines AI Transformation as a driver to redesign processes and boost productivity by about 30% over the next two to three years, while planning increased investments in B2B, platforms, and D2X to lift revenue and profit by 2030.

AI Home will build an open ecosystem connecting internal and external devices and services, leveraging LG’s appliance strengths and user data to offer spatial home solutions.