What is LG Chem's total R&D investment target and timeline, and which business areas will receive the majority of this funding?

LG Chem plans to invest a total of 15 trillion KRW in R&D by 2035, with 70% of its R&D resources allocated to semiconductor, mobility, and robotics-related materials, as well as anticancer new drugs. The company aims to strengthen its position in high-value-added fields such as advanced packaging materials—including adhesives, low-dielectric-constant materials, thermal management materials, and glass substrates—as well as structural, precision drive, and connection materials for robots and electric vehicles. In pharmaceuticals, it will advance its anticancer drug pipeline through global clinical trials, strategic partnerships, technology licensing, and M&A.

How does LG Chem's new R&D strategy address challenges in its traditional chemical business?

LG Chem's new R&D strategy directly responds to declining profitability in its traditional chemical business caused by global supply oversupply and intensifying competition. To counter this, the company intends to sustain competitiveness in existing operations while progressively increasing the share of high-value-added businesses—particularly in semiconductors, mobility, robotics, and biopharmaceuticals—leveraging its technological capabilities and customer base. The overarching goal is to achieve double-digit operating profit margins by 2030, supported by the 15 trillion KRW R&D commitment through 2035.

LG Chem Plans 15 Trillion KRW R&D Investment by 2035

Jun 25, 2026

LG Chem plans to invest 15 trillion KRW in R&D by 2035, targeting AI materials, semiconductors, mobility, and pharma to enhance competitiveness and achieve double-digit margins by 2030.

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