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FEATURES/Big Bet | May 18, 2009 | 3712 views

LG Gets Aspirations

The Korean gadgetmaker aims high. But it can be a little crowded at the expensive end of mass market

W

hen Yong Nam took over at LG Electronics, the flagship arm of the Korean conglomerate, in 2007, he decided the company was going to aim at the higher end of the price scale. “ We want to be aspirational in all segments,” Nam says.

 

Loud and Clear (and in English): Yong Nam wants multinational operations for a quality brand
Image: Jae-Hyun Kim for Forbes
Loud and Clear (and in English): Yong Nam wants multinational operations for a quality brand

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