October 25, 2014

LG CEO Ousted Over Companies Poor Performance in Mobile Sector

South Korea’s LG released it’s CEO, Nam Yong, and replaced him with Koo Bon-joon on Friday. According to LG, Nam Yong had used poor management skills in directing the mobile department, so they released him. It’s actually somewhat surprising, considering that just over a month ago, LG boasted that they would have 15 Android phones by the end of this year. Overall, with their new Optimus line, it looked like things were looking up for them, but it seems their previous management needed improvement in order to reach that 15 devices goal, which is why I suspect they let Yong go.

It’s not very often that we see this kind of thing. Many manufacturers are blossoming thanks to Android, like HTC or Motorola. Heck, even Sony Ericsson is surviving, but it looks like LG is having a bit of a struggle. They seem to have lost their way, so to speak. Hopefully Koo Bon-joon can steer them in the right direction using Android.

I look forward to seeing more Android phones from LG in the coming months. Can’t wait to see what they got up their sleeve.

Source Reuters