LG replaces its mobile business President after 1 year
LG Electronics has announced it is replacing the President of its mobile business Hwang Jeong-hwan after one year. He will be replaced by Brian Kwon, who is head of LG's home entertainment business, from December 1. It comes after LG's mobile business posted a loss of $410 million this year, including a $130.5 million net loss in the last quarter.