LG Electronics Establishes Consortium to Develop Next-Generation Heat Pump Technology

Customized Talent Development through Industry-Academia Collaboration
Goal to Establish a Global Heat Pump Cluster

LG Electronics announced on the 19th that it has formed a consortium with leading domestic universities to develop core technologies for next-generation heat pumps, which are gaining attention as low-carbon heating solutions.

LG Electronics signed a 'Memorandum of Understanding (MOU) for the Establishment of the LG Next-Generation Heat Pump Consortium' at the New Engineering Building of Korea University in Seongbuk-gu, Seoul. The signing ceremony was attended by consortium members including Kang Yong-tae, professor at Korea University and consortium chairman, Kim Min-soo, professor at Seoul National University, Jang Young-soo, professor at Kookmin University, as well as Lee Jae-sung, Vice President and Head of LG Electronics Air Solution Business Division.

LG Electronics has formed a consortium with leading domestic universities to develop core technologies for next-generation heat pumps. On the 18th, at Korea University in Seongbuk-gu, Seoul, during the signing ceremony of the "MOU for Establishing the LG Next-Generation Heat Pump Consortium," Lee Jae-sung, Vice President and Head of Air Solution Division at LG Electronics H&A Business Division (left), and Kang Yong-tae, Professor at Korea University and chairman of the consortium, posed for a commemorative photo.
[Photo by LG Electronics]

The 'LG Next-Generation Heat Pump Consortium' is expected to play a leading role in securing fundamental heat pump technologies necessary to lead the global electrification efforts underway to replace fossil fuels. It will also nurture customized talent through industry-academia cooperation. By establishing a virtuous cycle structure between academia and industry, the consortium aims to contribute to changes in the global heating, ventilation, and air conditioning (HVAC) market.

LG Electronics plans to continuously expand the universities and experts participating in the consortium. The company’s strategy includes launching additional consortia in North America, Europe, and Asia to build a global heat pump cluster. Last month, LG Electronics launched a consortium for heat pump technology development in Alaska, USA, and established the 'LG Alaska Heat Pump Research Institute' as part of this strategy.

LG Electronics expects to strengthen its heat pump business and advance its technology to contribute to transitioning from conventional fossil fuel-based heating, which generates high carbon emissions, to high-efficiency heat pump heating.

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