LG Shuffles Execs, Makes Huge OLED Investment
Nov 27, 2015, 10:24 AM by Eric M. Zeman
LG Electronics is restructuring its business to make it lighter on its feet and better able to respond to changes in the market. Moving forward, each of LG's core businesses will have their own, independent leaders. Juno Cho has been appointed President and CEO of LG's Mobile Communications business, while Jo Seong-jin has been selected to serve as President and CEO of Home Appliances & Air Solutions, and David Jung will serve as President and CFO. LG Electronics Vice Chairman and CEO Koo Bon-joon will transition to LG Corp, LG Electronics' parent organization. The appointments are effective Dec 1. LG Display, an affiliate of LG Electronics, said it will invest $8.71 billion in a new plant to manufacture OLED panels for smartwatches, TVs, and other devices. The majority of LG's smartphones use LCD panels, which the company makes for itself and competitors. LG Display's large commitment to developing OLED technology represents a shift in strategy. The plant is expected to become operational during the first half of 2018.
Jan 14, 2021
Samsung today officially unveiled its Galaxy S21 series of flagship phones for 2021. All three models sport a distinctive new "Contour Cut Camera" design where the metal frame extends around one corner to surround the rear cameras.
Mar 10, 2021
Asus today announced the ROG Phone 5, its newest flagship gaming phone, following the ROG Phone 3. The ROG Phone 5 brings the ROG Phone series up to date for 2021 with a Snapdragon 888 chip, Android 11, and 65-watt fast charging for its huge 6,000 mAh battery.
Mar 23, 2021
OnePlus today announced the OnePlus 9 and OnePlus 9 Pro, its newest flagship phones. The 9 Pro is a true flagship-class phone with a QHD AMOLED display with variable refresh from 1 to 120 Hz, and IP68 water rating, starting at $969.
Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.