LG Sets Sights on Becoming Top Global HVAC Provider by 2030

Strategic Roadmap & Growth Vision – LG aims to achieve KRW 20 trillion in HVAC revenue by 2030 – Focus on B2B industrial expansion, including AI data center cooling – Leveraging the 3B strategy: Build (internal R&D), Borrow (partnerships), Buy (acquisitions) – Strengthening high-efficiency hardware and AI-powered non-hardware services

Key Projects & Technology Innovations – LG AI Data Center HVAC Lab set up at Pyeongtaek plant – Pilot testing liquid cooling tech with LG U+ – Recent OSO (Norway) acquisition to boost heating in Europe – Smart platforms like BECON and digital twins to optimize energy use

Global Expansion & Local Focus – Expanding into Global South with regional R&D, sales, and service India: New product development team + Sri City production line (1.5M units/year by 2026) – HVAC Academies in 65+ global locations, expanding to 70 by end of 2025 – Targeting USD 720M in chiller sales by 2027 amid rising AI cooling needs