“Sorry and Thank You” Message from LG Electronics President Bong-Seok Kwon after the phone business

Bong-Seok Kwon, President of LG Electronics. [사진 LG전자]

Bong-Seok Kwon, President of LG Electronics. [사진 LG전자]

Kwon Bong-seok, CEO of LG Electronics, delivered a message of regret and gratitude for the withdrawal of the smartphone business to employees.

According to LG Electronics on the 7th, President Kwon said to about 3,400 employees of the MC business division immediately after announcing the withdrawal of the smartphone business on the 5th, “I sincerely thank all of you who are silently doing your best in your place even in various uncertain situations. I sent an e-mail with the content of “I’ll tell you.” The MC division is the department in charge of the company’s smartphone business.

President Kwon said through an e-mail, “As a result of reviewing the direction of business operation with all possibilities open, the management at the board of directors today (5th) made a very difficult decision to finally end the MC business after long consideration. We decided to focus on the new future values ​​of LG Electronics and the group,” he said.

He added, “If you think about the implications of this decision to the members of the MC Business Division, I am very sorry and heavy as a CEO.”

President Kwon also mentioned the manpower relocation policy. He said, “We will proceed with the rearrangement in consideration of each individual’s desire to move,” he said. It is expected that it will demonstrate sufficient capabilities to strengthen the competitiveness of LG Group’s flagship and growth businesses. The attachment below is the original e-mail.

Reporter Choi Hyun-joo [email protected]

Members of the MC Business Division, this is Kwon Bong-seok, President.

After letting you know that we are reviewing the direction of MC business operation in January,
He is doing his best in his own place even in various uncertain situations.
I would like to express my sincere thanks to you.

As a result of reviewing the direction of business operation with all possibilities open until recently,
At today’s board of directors, I and the management team made a very difficult decision to end the MC business after long consideration, and the core competencies accumulated in the MC headquarters decided to focus on the new future values ​​of LG Electronics and the group.

Considering what this decision will mean to all members of the MC Business Division,
As a CEO, it is a very sad and heavy heart. But, take a new leap with you
We would appreciate your understanding that it was a decision to prepare.

In order to secure business capabilities to enhance the future value of LG Electronics and the group,
We will proceed with the rearrangement in consideration of each individual’s desire to move.
Members of the MC Business Division are the next generation home appliances / TVs, electronic parts, B2B business
Not only in the field of future growth engines of LG Electronics,
The main business and growth business of various LG Groups leading electric vehicle parts, 6G mobile communication,
Expecting to demonstrate sufficient competence in strengthening competitiveness,
Regarding specific matters, we will inform you in detail through the headquarters briefing session.

Sincerely once again for the hard work of all of you who have done your best even in difficult circumstances.
Thank you.


Source