Ricoh Company, Ltd. has signed a memorandum of understanding (MOU) with LG Electronics (LG), a valued partner known for its innovative products and tailored solutions across various industries worldwide. This collaboration aims to develop digital solutions for workplaces by combining Ricoh's communication services with LG's display products. Together, they will provide B2B customers in the global market with an improved user experience and significant customer value. Through this partnership, Ricoh seeks to strengthen its position in the Workplace Experience sector, one of its key growth areas, and aspires to become the leading global audiovisual (AV) integrator.
In collaboration with LG, Ricoh aims to improve its communication services within the Workplace Experience sector. By integrating high-quality devices like signage and displays into its offerings, Ricoh will enhance its product and service portfolio while ensuring a reliable global supply. Furthermore, both companies will work together on sales and marketing initiatives and seek new business opportunities as their partnership develops.
Takahiro Irisa, Senior Corporate Officer and President of Ricoh Digital Services and Paik Ki-Mun, Senior Vice President and Head of the Information Display Business Unit of LG Business Solutions Company, present the signed memorandum of understanding.
Ricoh's mid-term vision is to deliver consistent global services as a workplace solutions provider in an evolving work environment. In the Workplace Experience sector, Ricoh offers solutions that facilitate seamless collaboration in offices and other spaces where hybrid work is now the norm, fostering creativity among individuals. By providing integrated propositions that combine hardware, software, and managed services, Ricoh enables customers to concentrate on value-added, creative tasks and drive organizational growth.
"The pairing of Ricoh's office solutions with LG's advanced display products will deliver impressive value to customers and further establish LG as one of the most trusted providers of integrated solutions in the B2B market", said Paik Ki-Mun, Senior Vice President and Head of the Information Display Business Unit of LG Business Solutions Company. "LG will continue to pursue strategic partnerships with innovative global companies to create customized solutions for today's business environment".
Takahiro Irisa, Senior Corporate Officer and President of Ricoh Digital Services Business Unit, Ricoh Company, Ltd. said, "We firmly believe that this global strategic partnership with LG will accelerate Ricoh's Workplace Experience business. Through the synergy between LG's advanced display products and Ricoh's communication services, we will continue to offer optimal workplace to our customers as a workplace services provider. Ricoh will continue to execute strategic partnerships to empower our customers to achieve fulfilment through work".