LG Group announced that from October 1, 2010 onwards, will appoint LG vice president with Ben Jun as LG Electronic new chief executive. Nan Xi, the incumbent chief executive, said he was responsible for LG's current business woes and hoped that the new chief executive would be able to rally the company to plan for the future and therefore resign. Ben Jun 59 years old, graduated from Seoul University of Korea Statistics and graduate School of the University of Chicago. It is also reported that LG Electronic announced will enter the water treatment market, will invest more than 400 million U.S. dollars in the next decade, mainly for the acquisition of leading technology and building in the field of research and development capabilities, so as to achieve in 2020 to bring 7 billion U.S. dollars revenue targets, and strive to become the world's top ten water treatment
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