LG Decides to Hold 'LG Tech Conference' in the US This April After Careful Consideration

Concerns Over Setbacks in Global R&D Talent Recruitment
Decision Based on COVID-19 Spread Trends Report

[Asia Economy Reporter Dongwoo Lee] LG Group has decided to hold the 'LG Tech Conference' event in the United States, scheduled for April, as originally planned. LG Group had been deliberating on whether to hold the LG Tech Conference event due to the continued spread of the novel coronavirus (COVID-19) in China.

According to industry sources on the 14th, LG Group recently changed the LG Tech Conference scheduled in Korea to an affiliate-level event and was considering whether to hold the same event in the United States. This is because major global events with large gatherings have been consecutively canceled as the aftereffects of COVID-19 have hit the world. However, since the LG Tech Conference is an important event for securing the group's global talent, the opinion that it is desirable to hold it as originally planned gained weight, and it was finally decided to proceed according to schedule, according to LG Group.

The LG Tech Conference is a major business briefing (IR) event held in Korea and the United States to recruit Ph.D. and master's level R&D talent who will lead LG Group. It was held annually since 2012 by the late Koo Bon-moo, father of Chairman Koo Kwang-mo, to strengthen talent. Last year, Chairman Koo Kwang-mo visited the LG Tech Conference as his first New Year's schedule, showing its significant importance within the group.

Through this event, LG Group recruits talent in the fields of the 4th Industrial Revolution such as artificial intelligence (AI), robotics, big data, cloud, autonomous driving, and 5G. Every year, about 300 science and engineering Ph.D. and master's graduates attend the domestic and overseas Tech Conference events respectively, and it is known that more than 1,000 people have been hired through this.

The industry predicted that if COVID-19 continues until this spring, LG Group might temporarily cancel the overseas conference schedule. LG Group has taken strong measures, such as being the fastest among domestic large corporations to ban business trips to China by major affiliates due to the spread of the novel coronavirus and canceling the schedule of MWC, the world's largest mobile exhibition.

An LG Group official said, “We have decided to proceed with this year's U.S. Tech Conference as scheduled to secure excellent research and development (R&D) talent.”

This content was produced with the assistance of AI translation services.