[Hyomun financial newspaper reporters standing in Korea] announced that it will achieve Park Jinsu LG Chem Vice expand the annual investment volume of over 10%, comes new revenue 16.3 trillion won in 2020. This is about twice higher year-to-sales target (8.5 trillion won).
Park vice president said he would devise sales improved through the open held a press conference, the future R & D investments in the field of electrification and Technology 31 days last month.
Night vice "LG Chem is a commitment that established a large central laboratory contributes to enriching the lives of mankind first in the industry in 1979 has written a history of innovation and challenge" and "research and development connected with the business performance as well as for the future ready he said the core, core technology development by investing proactively in the 50 trillion won in sales in 2025 will become a 'Global Top 5 Chemical Co.'. "
Accordingly, LG Chem will invest 1 trillion won this year, the largest ever R & D area. This is also equivalent gyeonjueo with global chemical companies that exceed the 4% sales.
Investment policy is also neulryeogal year by more than 10%. LG Chem is increasing every year more than 10% of the amount of annual R & D investment plan to expand to 1.4 trillion won level in 2020 for the future market leader. R & D personnel is also planned to increase over 1000 people in about 5,300 people currently about 6,300 people in 2020.
Through investment in R & D, LG Chem is coming is the goal of achieving new revenue 16.3 trillion won in 2020. New receives recognition as a new sales during the period of three to five years, depending on the business sector after the market launch in the commercialization of products developed in the R & D organization.
Park vice president said, "Customer" unconditionally but it is important that you create a free technology world, the ultimate way to make the necessary technologies to create offer differentiated value to customers and further enrich the lives of people should be oriented the R & D " a year in R & D philosophy and vision is constantly filled towards discovering innovations that led to the paradigm of the market, emphasized that LG Chem will make a 'R & D Mecca of innovation. "
Daily Economic News Finance FNTIMES - commercial reprint, copy, distribute prohibited purposes under the Copyright Act
Copyright ⓒ Korea's Financial News & FNTIMES.com
