The third quarter LG financial results showed profit from almost all divisions, with only Mobile Communications being in decline. In an attempt to “enhance competitiveness”, the Korean company announced new appointments and promotions.
There are new chiefs of the mobile, technology and marketing departments and an entirely new company for overseeing B2B product sales.
The current president of LG Mobile Communications Company takes on a new role within LG. He will be replaced by Hwang Jeong-hwan who has years of experience in R&D, including the first LG smartphones in 2009.