New LG Phone to Feature Top-Quality Parts from Subsidiaries

LG Electronics is developing a smartphone to the direct specifications of chairman Koo Bon-moo that will be made from the parts manufactured by subsidiaries LG Display, LG Chem and LG Innotek.

It will be the first LG smartphone to feature a quad-core processor and a camera with over 10 megapixels resolution.

Koo reportedly complained a year ago that LG Electronics did not make enough use of the parts manufactured by other subsidiaries of the group, even though they are widely sought-after by other firms. He singled out LG Display and LG Chem, which supply essential parts to global companies including Apple.

LG plans to release the new phone in September.

englishnews@chosun.com / Jul. 09, 2012 11:48 KST