Early Life
Koo Bon-neung was born on March 26, 1949, in Busan, South Korea. He is part of the Koo family, known for their significant role in the chaebol LG. His father was Koo Cha-kyung, and his grandfather was Koo In-hwoi, the founder of Lucky Goldstar Corporation, now known as LG. As a youth, he had aspirations to become a baseball player but was dissuaded by his father. He graduated from Kyungnam High School in 1967 and earned a degree in business administration from Korea University in 1976.
Rise to Success
Koo Bon-neung began his career at Lucky Goldstar (LG) in 1976, where he worked as a manager in the company's Chicago branch. In 1987, he became a director of Goldstar (LG Electronics). He held various positions within the Heesung Group, an LG affiliate, including auditor of Heesung Metals, vice president of Sangnong Enterprise, and president of Heesung Metals. In 1996, the Heesung Group split off from LG, and Koo Bon-neung became its head. Heesung Electronics manufactures display components for TVs, computers, tablets, and smartphones.
Key Business Strategies
Koo Bon-neung's business strategy has focused on the electronics sector, particularly display components. Heesung Electronics is a significant supplier to LG. His leadership in the Heesung Group and his stake in LG reflect his business acumen and strategic approach to leveraging market opportunities in the competitive electronics market.
Philanthropy
Koo Bon-neung has supported his father’s philosophy of fostering talent and has been involved in charitable activities. He also donated a significant amount of land to Yeonam University.
