Industry
LGE aims to double emerging market sales by 2030 through localisation
LG Electronics said on Saturday it aims to double sales in emerging markets by 2030, focusing on regions such as India, Saudi Arabia and Brazil. It said combined sales in the three countries reached 6.2 trillion won last year, up more than 20 percent from 2023. The company plans a new production facility in Brazil and is expanding localised product lines in India. It is also continuing long-running cooperation in Saudi Arabia.