Samsung Electronics Unveils Leadership Shake-Up for 2024: New Roles and Responsibilities

November 27, 2023 – Today, Samsung Electronics announced its personnel changes for the year 2024, including the promotion of two individuals and the reassignment of positions for three others. The key highlight of these personnel appointments is the establishment of the “Future Business Planning Group” as a vice-presidential level organization, aimed at discovering new business…

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Elevating Consumer Engagement: LG’s Focus on Direct-to-Consumer Sales

November 24, 2023 – LG Electronics made a significant announcement today, unveiling its organizational restructuring efforts aimed at fostering future growth. In a move aligned with the 2030 vision revealed in July, LG Electronics is embarking on organizational transformations to bolster its capabilities and business competitiveness. The official statement underscores that these changes are geared…

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2030 Vision: Accelerating the Shift to Electric Vehicles and Indigenous Battery Manufacturing in the United States

November 20, 2023 – The Inflation Reduction Act (IRA) of 2022 and the Bipartisan Infrastructure Law have collectively infused billions of dollars into the U.S. electric vehicle industry, incentivizing localized battery production and charging infrastructure projects. The IRA offers incentives such as a maximum $7,500 tax credit for each new energy-efficient vehicle. Recently, the United…

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