Rhee: LG Nova aims to build multi-billion dollar software spinouts
Sokwoo Rhee · Sparking Net New Innovation At Massive Scale — With LG's Sokwoo Rhee · Sep 17, 2024 · at 23:29
Sokwoo Rhee, EVP of Innovation at LG Electronics, explains LG Nova's mandate to transform the conglomerate's business mix beyond hardware.
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“Our job, my job, is to create six fifths and six sixth of those multi-billion dollar companies that are very different from the composition of LG that they have right now. Okay. Much more software focused, much more service oriented businesses.”
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