Sort of. The company is pushing a ‘Home as a Service’ platform that combines hyper-personalization, subscriptions, and smart home services to boost its revenue.
“LG will innovate with a platform-based service business model that continuously generates profits, such as content and services, subscriptions and solutions, to the hardware-oriented businesses, which generate sales and profits at the time of purchase,” the vendor adds.
Innovate doing a lot of heavy lifting here.
SOLUTIONS TO WHAT
TO WHAT PROBLEMS
The problem of porky not having a 5th yacht.
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