Jae-Cheol Ryu, President of LG Electronics, "If production volume increases through factory automation, employment will automatically follow."

This article is translated by AI company Flitto and Newsroom neural machine translation technology

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stockmk2020@alphabiz.co.kr | 2023-01-16 02:09:49

(Photo=LG Electronics)

 

 

LG Electronics President Ryu Jae-cheol said, "We have no intention of not automating factories due to employment issues. We should choose to increase jobs by increasing our competitiveness."

Ryu Jae-cheol, head of LG Electronics (H&A), who met with reporters at LG Electronics' washing machine plant in Tennessee on the 9th (local time), emphasized his belief in expanding smart factories.

LG Electronics is spurring factory automation centering on LG Smart Park in Changwon and washing machine plant in Tennessee. In the case of the Tennessee plant, 63% of the production process has been automated and aims to increase to 70% by the end of this year.

As in the case of LG Electronics, "robots and employment" have emerged as a hot topic in the industry as the wind of smart factories and digital transformation in the manufacturing sector blows. This is because there is a sense of crisis that the more robots replace humans, the less work they will do, and the argument that robots will improve the quality of life.

In response to these social questions, President Ryu was confident that companies could increase quality employment if they increased their manufacturing competitiveness through automation.

If we don't do what needs to be automated, the company will eventually lose its competitiveness and cannot turn its factories, CEO Ryu said. "Basically, we need to increase employment within the scope of competitiveness."

He emphasized that employment will naturally increase if automation increases manufacturing competitiveness and then grows the "pan" of the business.


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