LG Chairman Koo Bon-moo sets up new growth strategy

By Kim Yoo-chul

LG Group Chairman Koo Bon-moo finally seems to have found his updated strategies to help the nation’s leading industrial conglomerate continue on the course for sustainability.

Koo’s magic word is ``battery,’’ according to LG officials. LG is one of Korea’s ``big four’’ with Samsung, SK and Hyundai Motor Group in terms of revenue.

The recent year-end reshuffle on LG’s top management by chairman Koo included the naming of former LG Display chief executive Kwon Young-soo to be president of LG Chem’s rechargeable battery business,