LG Innotek presents its IoT retail solutions


LG Innotek will participate in ‘NRF Retail’s Big Show 2018’ (NRF 2018) at the Jacob K. Javits Convention Center in New York City from January 14 to 16.
The company, that is a cutting-edge materials and components manufacturer affiliate of LG group, also develops solution for the IoT.
NRF 2018 is the one of the biggest retail trade fair that receives participations from 500 distribution companies from about 95 countries around the world, and a total of around 35,000 visitors.
During the event, Lg Innotek aims to attract retail companies by showcasing various products and technologies such as the commercialized ESL and advanced location tracking solution, which can be developed into a “Smart Integrated Retail Management” platform by combining distribution with lnternet of Things (IoT). ESL is an innovative solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc.