LG Brings In New Leadership for Mobile Unit
LG today announced leadership and organizational changes that it hopes will improve the fortunes of its mobile business unit, which has suffered losses perennially. The current head of LG's Home Entertainment Company, Brian Kwon, will add the Mobile Communications Company to his plate. LG says Kwon helped transform its TV, audio, and PC businesses. The company thinks Kwon can use his expertise to effect similar improvement to the mobile device business. The current president of LG's phone business, Hwang Jeong-hwan, who filled the role for just one year, will transition to a position with LG's Convergence Business Development Office. The overall CEO of LG Electronics, Jo Seong-jin, will focus on strategy and assign more of his responsibilities to president and CFO David Jung. Jung will be responsible for day-to-day business operations. In addition to the executive shuffle, LG renamed two business units. The Vehicle Components Company will be renamed the Vehicle Component Solutions Company and the Business-to-Business Company will become the Business Solutions Company. The changes go into effect December 1.
Andy Rubin's Essential PH-1 Boasts Titanium Frame, Magnetic Mods
May 30, 2017
Essential Products, the startup being run by Andy Rubin, who helped create the Android operating system, announced its first smartphone today, the PH-1. The PH-1 is a high-end handset crafted from a titanium shell that Rubin claims is more robust than aluminum and more resistant to damage when dropped.
Samsung Electronics' CEO Resigns Unexpectedly
Oct 13, 2017
Kwon Oh-hyun, CEO and Vice President of Samsung Electronics Corp., today announced plans to step down from his leadership role with the company. "As we are confronted with unprecedented crisis inside out, I believe that time has now come for the company start anew, with a new spirit and young leadership to better respond to challenges arising from the rapidly changing IT industry," said Kwon in an email sent to employees.
Samsung Names New Executives
Oct 31, 2017
Samsung today made sweeping changes to its leadership. The news comes several weeks after Kwon Oh-hyun, CEO and Vice President of Samsung Electronics Corp., announced plans to step down from his leadership role with the company.
Sony President and CEO Kazuo Hirai to Step Aside
Feb 2, 2018
Sony today said it plans to make changes to its corporate leadership later this year. Current President and CEO Kazuo Hirai, largely seen as responsible for turning around the company's fortunes, will stand down from his leadership role on April 1.
T-Mobile and Sprint Agree to Merge and Unite Under T-Mobile Brand and Leadership
Apr 29, 2018
T-Mobile and Sprint today announced plans to merge in an all-stock deal that will create a "New T-Mobile" worth $146 billion. The new company's combined radio spectrum assets will allow it to accelerate deployment of 5G technology.
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