LG Electronics

Open Innovation Professional

LG Electronics$70K — $95K *
Consumer Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years experience in technology research or R&D, with business development exposure a plus
  • Bachelor's or Master's in Engineering, Physics, Materials Science, Electrical Engineering, or a related STEM field
  • Ability to manage sensitive and confidential information
  • Self-motivated and curious, thriving in fast-paced environments
  • Bilingual in English and Korean preferred
  • Authorized to work for any U.S. employer

Responsibilities

  • Monitor and analyze display technologies and adjacent industry developments; summarize findings into actionable reports
  • Support identification of potential business opportunities and novel application areas for products, including outreach to technology partners
  • Research market landscapes, benchmark competitors, and assess risks to screen business opportunities under senior guidance
  • Research potential partners and innovative technologies aligned with the open innovation strategy; prepare materials for reviews
  • Prepare collaboration proposals and partnership documentation
  • Create technology/market briefings and reports
  • Coordinate schedules and protocols for executive meetings

Benefits

  • 100% health, dental, vision, and life insurance coverage for employees
  • 401(K) plan with company match
  • Paid vacation and sick leave
  • Lunch provided
Full Job Description
The Open Innovation and Business Development Professional supports the identification of emerging technologies and industry trends across various sectors. This role is well-suited for candidates with a science or engineering background who are eager to apply their technical knowledge to business contexts. This person will assist in discovering new business opportunities and technology partnerships based on the company's open innovation strategy, working closely with senior leadership.

Responsibility:
• Monitor and analyze display technologies, and adjacent industry developments; summarize findings into actionable reports for internal stakeholders
• Support identification of potential business opportunities, cooperation candidates, and novel application areas for LG Display's current and future products - including preliminary outreach to technology partners
• Assist in screening business opportunities by researching market landscapes, benchmarking competitors, and risk assessment under senior guidance
• Research potential partners, innovative technologies, products, and services aligned with the company's open innovation strategy; prepare materials for opportunity reviews
• Support the preparation of collaboration proposals and partnership documentation
• Prepare technology/market briefings and reports
• Assist in coordinating schedules and protocol for executive meetings
• Comply with the company's policy and procedures
• Perform other related duties as assigned

Expected base salary: $70,000 ~ $95,000 (the salary offered will depend on several factors including years of experiences, levels, education, training, and internal employees)

Requirements
• 3-5 years of experience in technology research or R&D; exposure to business development is a plus
• Bachelor's or Master's degree in Engineering, Physics, Materials Science, Electrical Engineering, or a related STEM field (preferred)
• Ability to handle sensitive and confidential information appropriately
• Self-motivated, curious, and comfortable working in an ambiguous, fast-paced environment
• Bilingual (English/Korean) preferred
• Authorized to work for any U.S. employer

Benefits

Heath, Dental and Vision and Life Insurance covered at 100% for employees

401(K) plan with company match

Paid Vacation/Sick

Lunch provided

About LG Electronics

LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of the LG Corporation, the fourth-largest chaebol in South Korea, and its global sales reached US$55.91 billion in 2014. It comprises four business units: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent. LG Electronics acquired Zenith in 1995 and controls 37.9 percent of LG Display as of 2013. Since 2008, LG Electronics remains the world's fourth-largest LCD television manufacturer. The company has 128 operations worldwide, employing 83,000 people.
Learn more about LG Electronics

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