Kim Jong-hyun, CEO of LG Energy Solutions, said in his New Year's address on Jan. 4, "We have been leading the lithium battery market so far and making industry standards, but we will never compromise on safety and reliability, even if we give up quality and performance.”
CEO Kim said, “We need to ask ourselves whether our efforts were sufficient in terms of safety and reliability, which will become more important as the market expands."
He mentioned three key values of LG Energy Solutions, which was materially divided and independent from LG Chem last year, -- quality, customer value and talent.
"We will focus our attention and efforts on creating the best quality in safety and reliability, and put the top priority on business and all decisions. We will reorganize the processes of orders, production, and investment accordingly," stressed Kim.
CEO Kim also proposed forming 'Fandom Customer Group', saying, "The way to win the infinite competition that will unfold in the future is to provide customers with superior value than our competitors, exceeding their customers' expectations.”
He added, "The innovation of quality and customer value is something that humans eventually achieve. We will create a company where the best global talent wants to work and can grow."