LG's mobile division has been losing money for a while, and according to a new press release from the company today, it doesn't look like things are getting any better. According to LG, it's appointing a new head of its mobile division.
The current head of LG's mobile operations, Hwang Jeong-hwan, will now focus on his other role within the company as the head of LG's Convergence Business Development Office. In his place, Brian Kwon will take over.
Kwon is currently serving as the president of LG's Home Entertainment Company (aka the head of the company's TV business). Per LG:
A new person leading a company's mobile activities is always a big deal, but it's especially interesting in this case seeing as how Hwang Jeong-hwan was just appointed on January 1.
Along with all that, LG also announced some changes with its CEO:
These new changes are set to go into effect on December 1, 2018.
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