- Nov 16, 2010
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LG shakes up its mobile division after lackluster G5 sales | Greenbot
According to Korea Times, LG confirmed that it has created a new program management office to oversee the mobile division, which sounds like a new nanny is in town to whip the underperformers into shape.
LG was rather blunt about the problems in a statement to the Korea Times:
“Friday’s announcement is because LG Electronics’ latest flagship G5 smartphone failed to generate sales.”
The hope is that “new momentum” will come from the retooled effort. Such maneuvers are a common practice in the industry when a flagship device underperforms.