[ad_1]
The South Korean technology company LG Electronics (LG), which has gone through a difficult period in the smartphone market, has pressed the button to change the organizational structure.
. We are making significant changes to the organization of the company in order to further develop our strengths and to face more likely problems in the future, "LG said in a statement released today.
In addition to its structural changes, the South Korean technology giant has announced that key managers will focus on the changes that will positively impact their daily tasks.
According to the new restructuring, Brian Kwon, currently head of LG's Home Entertainment Systems Division, will also lead the mobile communications department. LG's Mobile Communications Division headed last October
During the Hwang Jeong-hwan era, the company announced a $ 410 million loss in the first nine months of this year. On the other hand, the Kwon management, which plays a vital role in the transformation of the television, voice and computer industry, achieves a sales volume of $ 3.3 billion and $ 290 million.atIt was closed with r.
THE PRESIDENT HAS BEEN ADDED ADDITIONAL FUNCTIONS
Hwang Jeong-hwan, head of mobile communications at LG since last year, will lead LG's convergence business development office. With organizational change LG Electronics President and Chief Financial Officer David Jung were also assigned additional tasks.
Focusing on the company's strategy and planning, Jung will assume responsibility for commercial support operations at LG's facilities in South Korea, including support operations oversight, corporate security and communications.
The LG Vehicle Spare Parts Division will also be renamed the Vehicle Component Solutions Section. Kim Jin-yong, head of the LG Vehicle Spare Parts Division, will focus on the area of smart driving and vehicle connectivity. All new assignments and appointments at LG will come into effect on December 1, 2018.
IMPORTANT CURTAINS OF THE DAY
Source link
