LG Innotek CEO Moon Hyuksoo on Jan. 5, in a New Year’s address, presented building a high-profit business portfolio as this year’s key management policy. Moon stressed establishing a stable profit-generation system, securing winning tech and innovating work practices based on an AI shift as major tasks. He assessed that the company made meaningful progress last year by improving its fundamentals across key business areas.

Moon called for a resource allocation strategy based on selection and focus. He said the company must secure future growth engines by strengthening competitiveness in each business and accelerating the development of new businesses. He added that competitiveness must be raised through strategic resource allocation across the company.

He also presented securing winning tech as a task. Moon said winning tech means technology that can secure a competitive advantage in the market. He stressed the need to proactively identify technologies aligned with customer growth strategies and changes in the industry structure. He urged an expansion into high value-added businesses through this.

Moon called for active use of an AI shift in work practices. Moon encouraged employees to “find ways by actively using AX for the work we have to do, and at the same time advance each person’s capabilities to build efficiency and expertise.” He added, “Let us provide value that exceeds customer expectations through AI-shift-based work practices.”