LG Chem Ltd. announced a significant investment of 15 trillion won (approximately $9.74 billion) aimed at research and development over the next 12 years. The plan, revealed by CEO Kim Dong-chun during a town hall meeting on Monday, focuses on diversifying the company's portfolio beyond its traditional petrochemical roots. The investment will target high-value sectors including semiconductor materials, mobility solutions, robotics, and anticancer drugs. This strategic move is designed to establish new growth drivers and enhance the company's competitiveness in emerging markets.
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Original from KoreaHerald.com: LG Chem to invest W15tr in R&D by 2035 to develop advanced materials
LG Chem to invest W15tr in R&D by 2035 to develop advanced materials
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