LG Electronics Holds Regular General Meeting with Partners... "Continuing to Pursue 5 Win-Win Tasks Without Interruption This Year"

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[Asia Economy Reporter Jeong Hyunjin] LG Electronics announced on the 28th that it held an annual general meeting with 88 partner companies and decided to continuously pursue five major win-win tasks this year as well, including strengthening competitiveness, next-generation technologies, financing, education and manpower, and infrastructure improvement.

On the same day, LG Electronics held the 'LG Electronics Partner Association Annual General Meeting' at the Changwon R&D Center in Changwon-si, Gyeongnam, attended by executives from the partner association, representatives from 8 partner companies, and Lee Siyong, Executive Vice President of LG Electronics' Purchasing/SCM Management Center. Considering social distancing due to COVID-19, representatives from 80 partner companies participated via video conference. Since 2013, LG Electronics and its partners have held annual partner association general meetings to discuss win-win measures.

At this year's meeting, LG Electronics shared this year's business direction and management status with its partners and urged them to do their best in quality, work environment, and safety management. To accelerate digital transformation, LG Electronics emphasized the importance of automation and informatization of partner companies' production lines and requested active participation from the partners, the company explained.

In particular, LG Electronics emphasized that it will continue without interruption the five major win-win tasks it has been promoting since 2011 to strengthen partners' management capabilities, financial capabilities, communication, and partnership. Last year, LG Electronics expressed gratitude for the hard work of its partners and presented the attending partner representatives with the LG Pra.L MediHair, a medical device for hair loss treatment, and the LG Objet Collection cordless vacuum cleaner.

Lee Siyong, Executive Vice President of LG Electronics' Purchasing/SCM Management Center, said, "The sustainable growth of our partners is the foundation of win-win cooperation," adding, "Through win-win cooperation, we will continuously support our partners to accelerate their growth and secure the highest level of manufacturing capabilities."

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