Ex-LG Innotek CEO to lead metals supplier

Huh Young-ho

By Park Si-soo

Huh Young-ho, former CEO of LG Innotek, was named president of Chang Sung, a leading supplier of metals used to make high-end auto and electronic parts, the company said Thursday.

The 62-year-old is known to have extensive knowledge and experience about the diversified metals business. He earned market recognition by lifting LG Innotek’s sales 15 times while in office.

Huh, as CEO, joined the electronic parts-making unit of LG Group in 2002. Then the company’s annual sales stood at around 300 billion won. He left the company in 2011 with its sales reaching 4.5 trillion won, making the firm one of the world’s leading electronic parts suppliers.

Innotek’s products are used in Apple’s iPhone and many other global-hit electronic devices.

After graduating from Seoul National University with a bachelor’s degree in electronic engineering, he joined LG Electronics in 1977. He has worked in several decision-making positions at LG Electronics, LG Micron and LG Innotek, focusing his career on the display, mobile communications and optical instrument businesses.

Market observers say his presence at Chang Sung will help sharpen the firm’s competitive edge.

Established in 1980, Chang Sung produces a variety of metal powders, magnetic powder cores, conductive pastes and clad metals, among others.

“We are focusing all the more on developing future magnetic, conductive and EMC (Electromagnetic compatibility) functional materials that meet the needs of our customers,” the firm wrote on its website. “Our goal is to provide all products in the field of functional materials from the design phase to the final product.”