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LG Electronics - Clarksville

Following the establishment of a plant in the US two years ago to be closer to customers, LG encountered various human resource risks and a lack of production know-how. By adopting Fourth Industrial Revolution technologies, such as deep learning, automation and digitalization, LG was able to strengthen its strategic production base in the US, increasing sales by 68% and growing net profit by 703%.

Locations
North America, USA
Sector
Other
Year published
13 January 2023
Timing
GLN - Wave 10
Organization
LGE
Initiative type
Lighthouse - Manufacturing

Global Lighthouse Network

A World Economic Forum Initiative