LG Appliances’ Factory Cited for Innovation

by Autumn McGarr

ENGLEWOOD CLIFFS, NJ — LG Smart Park, a production base of LG Electronics in Changwon, South Korea, has been designated as a “Lighthouse Factory” by the World Economic Forum, the company announced.

WEF Lighthouse facilities implement “Fourth Industrial Revolution” technologies such as artificial intelligence and robots into manufacturing and supply chain operations to increase production efficiency and enhance environmental sustainability, LG officials said.

Over the past five years, the company – whose U.S. unit is headquartered in Englewood Cliffs, NJ – has transformed its factory complex in Changwon, South Korea into LG Smart Park, a futuristic hub of home appliance manufacturing. The company plans to apply the technologies pioneered at LG Smart Park to a total of 26 LG production facilities in 13 countries, accelerating the digital transformation of its global manufacturing network by 2025.

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