LG Group considers 100t won investment in next 5 yrs

LG Group, a South Korean conglomerate, plans to invest 100 trillion won ($74.42 billion) in the country over the next five years, as reported by Reuters on Wednesday.

The investment, led by holding company LG Corp, will focus on future technologies like artificial intelligence (AI), clean technology, batteries, auto parts, and next-generation displays.

The breakdown of the investment by affiliate companies, including LG Electronics, LG Chem, and LG Energy Solution, has not been provided yet, according to the report.

(1 United States dollar = 1350.02 South Korean won)