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	<title>Mobile Magazine &#187; declining sales</title>
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		<title>LG dumps CEO over &#8216;poor mobile performance&#8217;</title>
		<link>http://www.mobilemag.com/2010/09/17/lg-dumps-ceo-over-poor-mobile-performance/</link>
		<comments>http://www.mobilemag.com/2010/09/17/lg-dumps-ceo-over-poor-mobile-performance/#comments</comments>
		<pubDate>Fri, 17 Sep 2010 22:47:15 +0000</pubDate>
		<dc:creator>Michael Kwan</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Mobile Phones]]></category>
		<category><![CDATA[declining sales]]></category>
		<category><![CDATA[fired]]></category>
		<category><![CDATA[lg]]></category>
		<category><![CDATA[smartphone]]></category>

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		<description><![CDATA[<p>I don't know if he lost all his bars, but the LG CEO has been asked to step down due to "poor performance" in the companies mobile division. </p><p>The post <a href="http://www.mobilemag.com/2010/09/17/lg-dumps-ceo-over-poor-mobile-performance/">LG dumps CEO over &#8216;poor mobile performance&#8217;</a> appeared first on <a href="http://www.mobilemag.com">Mobile Magazine</a>.</p>]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-98353" title="lg-ceo-fired" src="http://www.mobilemag.com/wp-content/uploads/2010/09/lg-ceo-fired.jpg" alt="" width="200" height="200" />I don&#8217;t know if he lost all his bars, but the LG CEO has been asked to <a href="http://www.boygeniusreport.com/2010/09/17/lg-ceo-fired-due-to-poor-performance-in-mobile/">step down</a> due to &#8220;poor performance&#8221; in the companies mobile division.  The smartphone market without a doubt is getting more competitive by the day. There&#8217;s massive growth in this area and everyone is reaching for a slice of pie. LG doesn&#8217;t feel their getting a fairly sized slice, and so, they blame the CEO.  Perhaps he <em>is</em> to blame, the company manufactures a massive collection of mediocre handsets, and barely a respectable selection of Android handsets; if CEO Nam Yong was behind it, it was the right choice for LG.</p>
<p><span style="font-size: 13.1944px;">Taking Yong&#8217;s place is Koo Bon-joon, he currently heads the LG International trading firm. Where Yong goes from here is anyone&#8217;s guess.  He spent 3 years as CEO, and was just dismissed due to &#8220;declining mobile phone sales.&#8221;  If LG wants to stay in the game, they better start making more changes down the line, starting with a mouth watering wireless tablet and Android lineup.  But Windows Phone 7 is just around the corner, perhaps they have something big planned for that? An LG Windows Phone 7 tablet would be nice to see.</span></p>
<p>The post <a href="http://www.mobilemag.com/2010/09/17/lg-dumps-ceo-over-poor-mobile-performance/">LG dumps CEO over &#8216;poor mobile performance&#8217;</a> appeared first on <a href="http://www.mobilemag.com">Mobile Magazine</a>.</p>]]></content:encoded>
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