Leaders make names for themselves globally
Paik was also chosen as one of the 11 leaders in the global electronics industry by the U.S.-based Consumer Electronics Association in 2004. Paik used to work at the U.S.-based telecommunications companies Qualcomm and General Instrument and was involved in developing standards regarding digital TVs.
Lee Yeong-ha, head of LG Electronics’ digital appliance division, spent one-third of last year stationed at overseas plants including in Europe, China and India. Lee takes credit for penetrating European and North American markets with LG’s side-by-side refrigerators and washing machines this year.
Despite the strength of foreign electronics makers such as GE and Whirlpool in both European and North American markets, Lee succeeded in achieving more than 50 percent market shares in both.
Ahn Seung-kwon, head of LG Electronics’ mobile business division, launched mega-hit handsets such as the Chocolate, Shine and Prada. By specializing in high-end handsets, operating profits of the mobile division jumped 11-fold to reach 888.9 billion won last year from a year ago.
Kim In-chull, president of LG Life Sciences, is leading the country’s bioscience in new drugs.
About 40 percent of the company’s sales come from overseas.
Under Kim’s leadership, the life science affiliate has been in the black for 11 consecutive quarters.
By Sung So-young Staff Reporter [so@joongang.co.kr]
with the Korea JoongAng Daily
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