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LG promotes its Home Appliance boss to Chief Executive
After a couple of rough quarters for its mobile phone division, LG announced today that it will promote Jo Seong-jin, the head of its profitable Home Appliance business, to the role of Vice Chairman and CEO of the company. While the company's new flagship phone, the LG V20, appears to be selling well, the mobile division as a whole has been dragging the company down since Q3 2015 despite record numbers from the the home appliances division.
