Morris Lee will currently head LG’s troubled mobile division. LG is providing its executive lineup a large overhaul yet once again. Brian Kwon, who’s presently leading LG’s Mobile Communications and also Home entertainment companies, will officially become the firm’s CEO on December 1st. Kwon made use of to be LG’s TV chief until he was brought in to head up its troubled mobile business in a new overhaul that occurred in 2018. Since he’s taking the highest possible seat in the firm, his former positions will certainly be loaded by Park Hyoung-sei (as Home Entertainment Company president) as well as Morris Lee (as the Mobile Communications Company president).
LG relocated its execs around and switched up the go-to its mobile business higher than once over the past couple of years. Back in 2017, the company called Hwang Jeong-hwan as president of mobile in an initiative to make the unit much more competitive until Kwon replaced him. Under Kwon’s leadership, LG’s mobile service managed to narrow its losses in the third quarter of 2019. While it’s now approximately Lee to locate ways to make the device successful, LG says that going forward, it plans to concentrate on businesses with reliable capacities, such as smart home products.