Engis Technology Appoints President Lee Jeong-jun... "Strengthening Sales Power Through OTA-Centered New Growth Engine"

[Asia Economy Reporter Hyunseok Yoo] On the 22nd, Enjis Technology announced that it has appointed former LG Electronics Vice President Lee Jeong-jun as its new CEO to fully launch its connected-based autonomous driving solution business, including Automotive OTA. Centered on the new CEO, Enjis Technology aims to make its connectivity technology-based autonomous driving solutions a new growth engine and actively expand its profits.

New CEO Lee Jeong-jun worked at LG Electronics for over 30 years, serving as head of the Digital Media Research Institute, and leading the PC division, smartphone division, and IT division. While establishing a foundation for new business in the telematics field at LG Electronics and playing a pivotal role in commercializing technology, he led various global partnerships with companies such as Intel and SoftBank, building extensive networks.

Enjis Technology stated, "New CEO Lee Jeong-jun not only possesses extensive expertise in development, production, distribution, and sales in the fields of security, IoT, mobile, and IT but is also an expert who has led global businesses," adding, "We expect CEO Lee Jeong-jun to drive the company's innovation and growth based on the successful know-how and rich experience he accumulated at global companies."

Enjis Technology regards Automotive OTA as a new core growth engine. As autonomous driving technology advances and the value of automobiles shifts from hardware to software, OTA is essential for maximizing and managing the value of software. OTA updates, which automatically update the latest maps and software, are technologies that make autonomous driving more convenient and safer.

Enjis Technology plans to accelerate its existing business by combining the technology accumulated through supplying these OTA solutions to global automobile manufacturers in Europe and Japan with the global network and experience of new CEO Lee Jeong-jun, while seeking new business opportunities in new business areas. An Enjis Technology official said, "We will shift from a research and development focus to a full-fledged growth focus, and we expect substantial growth in 2021."

Additionally, as a follow-up measure to being designated as a management item due to the review opinion on the semi-annual report, Enjis Technology focused on resolving the issue by receiving legal and accounting advice from litigation representatives and accounting firms. Recently, during the interim audit conducted by the accounting firm, a significant portion of the scope limitation reasons were resolved, and discussions with the accounting firm were thorough. Through this, the company plans to expedite the external auditor's audit schedule as much as possible to promptly exit the management item status.

This content was produced with the assistance of AI translation services.