In order to respond flexibly to changes in market trends, we are establishing a global business system. We will be increasing the proportion of overseas production, increasing our competitiveness through production streamlining, and reinforcing global management capabilities by exploring various ways to build a global network.

We will establish a stable profit structure by increasing the proportion of sales of standardized mass-produced items in our business portfolio, which is currently skewed towards ordered products. To this end, we will build smart factories and reinforce the performance/quality of our products for higher competitiveness, while also strengthening our global sales network to foster mass-produced items as future growth engines.

We aim to provide solutions for various industries based on our know-how of control technology/integrated solutions. To this end, we launched INTEGRICT, a premium brand for the ICT solutions business, to provide Smartship and asset management solutions that integrate with the existing electrical equipment and facilities on ships.

We are expanding our ICT-integrated energy solutions business, which is the latest technological trend. By doing this, we aim to lead the energy management market in response to the ever-growing need to efficiently manage energy, and advance in various industries, as well as expand the overall market.

We aim to transform into a technology-oriented company through the establishment of an R&D infrastructure both in Korea and abroad. We will reorganize our current R&D center into an independent R&D center focusing on product development. Furthermore, we will establish R&D centers in Europe and the Americas to build a global R&D network and continue to reinforce R&D capabilities.