Koo in hwoi biography template

Through his hard work and dedication, he became the CEO and president in In the company appointed him vice chairman and CEO. Koo defined his time with LG Electronics as the digital age. Information was exchanged quickly and relationships with clients varied from having one to one interactions to having one person working with many clients. In order to keep up with the times, Koo made plans to restructure LG Electronics.

He identified four areas that would create value in the new electronics age: customer focus, mutual cooperation, market responsiveness, and products. The elder Huh asked if he could invest in his business in exchange for showing Huh's son the ropes of the business world. This was the beginning of the business partnership between the two families that lasted for decades.

Not long after, he decided to accept his younger brother Koo Jung-hwoi's advice and started a cosmetics manufacturing business. This was the moment that today's LG Group was born. The group's first truly successful business, Lak Hui Chemical Industrial Corporation, opened in It began selling a new face cream called Lucky, which quickly sold out despite its relatively high price thanks to its high-quality ingredients.

But though sales were soaring, because of a big problem with the cream's lid, many people were returning the product. His solution was to use plastic for the lid, even though the material wasn't common in Korea. In September , he opened a plastics plant in Busan and started manufacturing plastic hairbrushes , which also became a huge hit. Within two months, he had to add additional manufacturing machines to meet explosive demand, and also started making new products like toothbrushes and washbowls.

In he succeeded in establishing Lak Hui Industrial Co. But his ambitions didn't stop there. In , he started Goldstar, which later became LG Electronics. Goldstar immediately began developing a radio, and in , Korea's first homemade radio started rolling off the production line. He then started producing phones , fans , air conditioners , TVs , and refrigerators.

He also produced Lucky Sodo toothpaste , toothbrush , soap and synthetic detergent for the first time in Korea.

Koo in hwoi biography template

Contents move to sidebar hide. Dimana kedua perusahaan ini dimiliki oleh Koo In-Hwoi. Kedua perusahaan milik Koo tersebut tumbuh dengan pesat. Koo In-Hwoi memimpin kedua perusahaan ini hingga usia 62 tahun. Dibawah kepemimpinannya, kedua perusahaan ini mencapai pertumbuhan yang luar biasa. Pendapatatn perusahaan mencapai lebih dari milyar won pada tahun Di tahun , Koo Cha-kyoung menggabungkan kedua perusahaan ini dengan nama Lucky-Goldstar.

Selanjutnya setelah 25 tahun memimpin, Koo Cha-kyoung kemudian memberikan kursi kepemimpinan perusahaan kepada anaknya yakni Koo Bon-moo pada tahun Dibawah kepemimpinan Koo Bon-moo, Lucky Goldstar kemudian akhirnya berganti nama menjadi LG seperti yang kita kenal sekarang. LG dibawah kendali Koo Bon-moo menjadi grup perusahaan yang bergerak di berbagai sektor seperti Elektronik, bahan kimia, telekomunikasi, rekayasa, teknologi informasi dan pembangkitan listrik.

Untuk sektor kimia bergerak dibawah kendali LG Chem Ltd. Untuk sektor elektronik dikendalikan oleh LG Electronics Inc. Di tahun , pendapatan perusahaan LG bahkan menembus angka ,2 milyar dollar Amerika. LG Group hingga saat ini tetap dikenal sebagai salah satu perusahaan manufaktur elektronik terkemuka di Korea dan di Dunia bersaing dengan perusahaan asal Korea lainnya yakni Samsung yang didirikan oleh Lee Byung Chul.

Perusahaan ini memiliki 30 anak perusahaan yang tersebar diseluruh dunia.