Ricoh Co., Ltd. (President and CEO: Akira Oyama, Ricoh) has signed a Memorandum of Understanding (MOU) regarding collaboration on digital workplace solutions with South Korea's LG Electronics (President: William Cho, LG). This is based on Ricoh's global growth strategy for strengthening the workplace experience area designated as a growth area. As a result, Ricoh will further enhance its proposal capabilities for B2B communication services in the global market, aiming to become a top AV integrator globally.

Through this partnership, Ricoh will mainly focus on strengthening communication services in the workplace experience area. By incorporating high-quality devices such as displays and signage provided by LG into Ricoh's solutions, it will enhance its product and service portfolio and achieve stable global supply. Additionally, both companies will engage in joint sales and marketing support activities, exploring business opportunities for these products and services.

As remote work increases and workstyles in offices change and evolve, Ricoh aims to become a "workplace service provider" that can consistently provide services globally. In the workplace experience area, Ricoh will provide an ideal working environment enabling smooth communication and high-quality collaboration, regardless of location, becoming common in offices and other workplaces where hybrid work has become prevalent, supporting customers in unleashing their creativity. Ricoh supports organizational growth by concentrating on valuable creative work through comprehensive solution proposals integrating hardware, software, and managed services for comfortable utilization.

For more information about this news release, please click here (PDF).

Ricoh and LG have agreed on a global partnership in the workplace experience area (364KB, 2 pages total).