LINCOLNSHIRE, IL—In the wake of reports about a global corporate restructuring affecting the LG Electronics Business Solutions Co., LG Electronics USA confirmed that the commercial display business in the United States remains intact.
From a corporate structure standpoint, LG Business Solutions, now known as “LG Commercial Displays” has been incorporated into LG’s Home Entertainment business unit. However, in the United States, the Commercial Displays business will continue to operate as a separate business catering to the varied specialized needs of the U.S. business-to-business (B2B) market.
Regional Business Leader Y.K. Cho was named head of the U.S. Commercial Displays business. Ron Snaidauf, vice president, Commercial Displays, continues to lead the lodging, hospitality and health care segments, while Jeff Dowell, vice president, Digital Signage, continues to lead the digital signage and monitor business areas addressing the restaurant, retail, education and industrial markets.
Wayne Park, president of LG Electronics USA Inc., emphasized that LG’s commitment to the B2B business in the United States remains very strong. And while the corporate structure in Korea has changed, the unit continues to operate as a stand-alone business in the United States, focused on leading-edge technology solutions for the hospitality, lodging, health care, education, retail and digital signage markets, he explained.