Rumours abound of potential capital raisings by LG Electronics and LG Philips LCD. In this interview LG Electronics CFO, YS Kwon would confirm none of the reports. Instead Kwon talks with frankness about corporate governance, gives strong guidance on whether it will bail out LG Card and predicts how many players the TFT-LCD industry can sustain.
Note After publication of this article on the morning of June 26, LG Electronics made two clarifications regarding comments on LG Card to make its CFO's meaning more precise. This version includes the changes.
There was a lot of reorganization in the LG Group last year. How does LG...
