TIWN
Seoul, Nov 26 (TIWN) LG Electronics said on Thursday it promoted its chief strategy officer to its new CEO to nurture new business opportunities and focus on digital transformation.
The company said its current Chief Strategy Officer Cho Joo-wan will assume the top post of the tech company, effective from December 1. Having joined the company in 1987, Cho has worked for the company in various positions at home and abroad, including president of LG Canada, Australia and the United States, reports Yonhap news agency. In his most recent role as the company's top strategist, he helped establish LG's Business Incubation Center to foster new businesses opportunities through in-house ventures as well as startup partners, and introduced new processes, such as in-house Crowd Sourcing and CIC (Company in Company), to unleash more innovation, the company said in a statement.
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals