HwangJeongHwan
Latest
LG replaces mobile chief to reverse its smartphone fortunes
LG's mobile sales are a not only a drag on its other businesses, but an embarrassment next to its nemesis, Samsung. To address that, the company has made a "sweeping realignment" of its businesses, naming Hwang Jeong-hwan as president and CEO of LG Mobile in the place of current chief Juno Cho. It also named former Harman CTO and current software head Park Il-pyung as its new chief technology officer (rival Samsung acquired Harman last year for $8 billion). The moves are aimed at "enhancing competitiveness," LG said.
