Gaming consoles are almost always among the hottest gifts during the holiday season. Countless units are sold during this time as people either pick one up for themselves or as gifts for friends and family. Both Sony and Microsoft have launched their Black Friday deals for PlayStation 4 and Xbox One respectively, both have stuck with the $299 price tag, Sony has followed up with a TV ad that touts the PlayStation 4 as the “Best Place to Play 2015.”
LG Electronics today announced that significant changes are being made at the very top of the executive ladder in a bid to make the company stronger and more agile as it seeks profits in businesses beyond TV and mobile. Three representative directions will now be leading the company, president and CEO of home appliances Jo Seong-jin, president and CEO of the mobile division Juno Cho and company president and CFO David Jung will be sharing the responsibilities.