LG Business Solutions, a publicly owned company founded in 1999 and headquartered in South Korea, primarily focuses on digital signage and professional displays. As of 2023, the company employed approximately 10 people and generated less than $1 million in revenue. While its parent company, LG Electronics, offers a broader range of products including IT solutions and smart home/healthcare technologies, LG Business Solutions' core business centers on commercial display technology.
LG Electronics partnered with top U.S. universities, hosting an "LG College Day" on March 21, 2024, at its North American headquarters. Approximately 50 Princeton University students studying Korean participated. During the event, LG Electronics showcased its wireless and transparent OLED TV, LG Signature OLED TV, and mobile wireless screen, LG StanbyME. Separately, LG Electronics announced a focus on artificial intelligence (AI) technology development, implementing what it terms "Affectate Intelligence." News of upcoming initial public offerings (IPOs) mentioned LG Electronics as a potential participant in 2025.
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LG Business Solutions offers 2 products in the pro AV industry. LG Business Solutions's product portfolio comprises of digital signage and professional display.
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LG Business Solutions's revenues were $296502.4 in 2023. Caretta Research has split LG Business Solutions's revenue into 2 different product categories, the largest of which is signage media players, which represents 50% of LG Business Solutions's revenue.
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