Ricoh, LG to provide digital solutions for work in global partnership

Ricoh has concluded a memorandum of understanding (MoU) with LG Electronics (LG), to collaborate on digital solutions for workplaces.

Pairing Ricoh's communication services and LG's display products, the partnership will enable Ricoh to further enhance its communication services in workplace experience, one of its growth areas. 

It also aims to be the top global audiovisual (AV) integrator. Integration of high-quality devices such as signage and displays into Ricoh solutions will enrich Ricoh's product and service portfolio and achieve a stable global supply. 

Source: Ricoh. Irisa (left) and Paik (right) jointly present the signed memorandum of understanding.

In addition, the two companies will jointly drive associated sales and marketing efforts and explore new business opportunities.

In the medium term, Ricoh aims to provide consistent global services as a workplace services provider in an evolving workplace. Ricoh provides workplace experience solutions enabling seamless collaboration in offices and other workplaces where hybrid work has become commonplace. Ricoh empowers customers to focus on value adding, creative tasks and achieve organisational growth through its integrated solution propositions of hardware, software, and managed services.

"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 VP 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 customised solutions for today's business environment."

Takahiro Irisa, Senior Corporate Officer and President of Ricoh Digital Services Business Unit, Ricoh Company 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."