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LG chairman Koo Bon-moo dead at age 73

Koo Bon-moo, who chaired LG Group for the past 23 years, has actually passed away from problems of a brain growth. He was 73 years of ages.

Koo got his start working for the household fortune in 1975, back when chemical business Lucky Corp. and customer electronic devices producer Gold Star were still different entities. After operating in different positions for numerous years, he was promoted to vice chairman the household corporation. He would ultimately take control of the chairman position from his retiring daddy in 1995.

The chairman was credited with integrating business under the LG brand name and seized the day to check out various markets — LG Show was a significant manufacturer of LCD items and has actually seen strong financial investments into its new OLED operations with Koo’s assistance. He likewise began domestic cordless provider LG Uplus, now among the huge 3 in South Korea. His last significant turning point was the opening of the brand-new LG Science Park school on the west side of Seoul– it exists that the business has actually produced a devoted software application upgrade department for its Android phones.

The Korean Herald reports that his child, Koo Kwang-mo, who he embraced from his bro, is most likely to end up being the next chairman of LG.

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