According to CNET, Dr. Park Zhongxi, CEO of LG Electronics' mobile phone department, had to retire to the second tier due to the deterioration of his physical condition. His position will be taken by Juno Cho, the current president of the enterprise (left in the picture). At present, LG Electronics' mobile phone business is booming. Not only has its sales hit a new high, but also its profits doubled, which makes the new CEO feel less pressure.