LG Electronics said on Wednesday it signed a memorandum of understanding with Korea Electric Power to 추진 a pilot “smart appliance cashback” project. Customers who use certain LG appliances during designated hours in spring and autumn can receive refunds based on electricity use, up to 300 won per hour. The refund is deducted automatically from the electricity bill through KEPCO’s energy cashback service. Eligible products include washers, dryers, dishwashers, stylers and combined washer-dryers.

LG Electronics is expanding its B2B AI home solutions business with GS Engineering & Construction. LG Electronics said it signed an MOU on July 10 in Seoul to jointly develop next-generation AI home technology. The companies plan to link LG’s ThinQ ON AI home hub with appliances, IoT devices and services, integrating them with infrastructure in GS E&C’s Xi residential complexes. They also plan to expand cooperation on future housing robot services.