Koo Kwang-mo Administration Strengthens Global Cooperation in Future Technologies... Expands Scope of 'Innovation Council'

LG-Centered Global Expert Council... Group Affiliates Participate
Expanding Discussion Topics to Digital Healthcare, Cybersecurity, Next-Generation Computing Following AI, Robotics, and Metaverse

LG Electronics held an Innovation Council online on the 1st to discuss the "Direction and Utilization of Artificial Intelligence (AI) Technology," with President Park Il-pyeong (first on the right), who serves as both LG Electronics CTO and head of LG Science Park, sharing opinions with council members.
[Photo by LG Electronics]

[Asia Economy Reporter Kim Heung-soon] LG Electronics is expanding the scope of its global expert council, the 'Innovation Council,' which was launched last year to apply future technologies such as artificial intelligence (AI), robotics, and the metaverse (extended virtual world) to its business sectors. LG Group affiliates are broadly participating in the council, and the discussion topics are being expanded to include digital healthcare, cybersecurity, and next-generation computing. Under the leadership of LG Group Chairman Koo Kwang-mo, who has identified AI, robotics, and electric vehicle components as core growth engines, it is expected that the cooperative system preparing future businesses with leading companies in each field will be strengthened.

LG Electronics recently held the first meeting of the newly reorganized Innovation Council online and shared opinions with council members on the 'direction and utilization plans of AI technology,' the company announced on the 5th. In addition to LG Electronics, LG Display, LG Innotek, LG Chem, LG Uplus, and LG CNS joined the council as new members. The global expert group included David Cox, Director of the MIT-IBM Watson AI Lab; Rodney Brooks, CTO of Robust AI; and Professor Jeongsang Kim of Duke University, co-founder and CTO of IonQ, a U.S. quantum computing startup.

Previously, in July last year, LG Electronics launched the Innovation Council with the purpose of discussing future technologies for digital innovation with global experts from various fields. Park Il-pyung, President of LG Electronics and also head of LG Science Park, serves as the chairperson, having recruited 11 global experts in AI, robotics, cloud, metaverse, and other fields, starting with a total of 12 members.

An LG Electronics official explained, "The council was formed to quickly respond to the rapidly changing market environment through open innovation and to continuously discover new business opportunities utilizing future technologies."

At this meeting, LG Electronics discussed the development direction of future AI technologies such as ultra-large AI to discover AI-based services and solutions centered on customer value. They also sought advice from global experts to implement technologies beyond the second stage of the 'AI development stages from the customer experience perspective' announced at last year's International Consumer Electronics Show (CES), and explored ways to collaborate with council members and group affiliates.

According to LG Electronics, the AI development stages from the customer experience perspective consist of four stages: efficiency, personalization, reasoning, and exploration. In the first stage, efficiency, AI operates products according to designated commands or conditions. The second stage, personalization, analyzes user behavior to find patterns and distinguish users. The third stage, reasoning, analyzes data from multiple touchpoints to understand causes and effects of behaviors. The fourth stage, exploration, involves AI independently forming hypotheses, verifying them, and proposing better solutions.

Earlier, in June, the council discussed the metaverse and ways to integrate it into customer service, and in February, they promised cooperation with Open Robotics in the U.S. for the commercialization of robots based on the open-source Robot Operating System (ROS2) platform.

President Park said, "The Innovation Council will help LG Electronics and LG Group establish AI technology roadmaps and discover services. Through the council, we plan to expand our network with global experts and further strengthen cooperation among LG affiliates to discover future technologies and new businesses at the group level."

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