LG Electronics Unveils Restructuring to Boost Global Competitiveness – The Wall Street Journal

LG Electronics will set up a new sales and marketing entity to oversee international business, part of a series of restructuring moves aimed at boosting the South Korean consumer-electronics makers competitiveness and growth.

The Seoul-based company said Friday that its newly established overseas sales and marketing company will manage sales subsidiaries in North America, Europe, the Middle East and Africa, Latin America and Asia, as well as oversee global marketing and direct-to-consumer sales, in efforts to boost executive capabilities.