By Kim Yoo-chul
Leaders of LG Group are talking about making the conglomerate lean and mean.
Some affiliates, such as LG Chem, are already tough nuts to crack, with its competitiveness surpassing or being on par with its counterparts in Samsung Group.
Of course, LG Electronics is an exception but with Koo Bon-joon, the younger brother of the group leader Koo Bon-moo, in charge, the situation facing the LG flagship, which has suffered from a late start in smartphones, appears to be changing very fast.
Shares of LG Electronics rose more than 20 percent after Bon-joon was appointed to be in charge, with analysts predicting a