LG-Ericsson
Company
LG-Ericsson – the LG Electronics joint venture and Ericsson created in July, 2010 after acquisition of a controlling stake by Ericsson company at Nortel company in LG-Nortel joint venture. The united company proposes complete solutions in the field of development of a network infrastuktura of the fixed and mobile networks, telecommunication services, a specialized software, broadband access and also the solution on creation of corporate networks of voice transmission and data.
Owners:
Ericsson
The headquarters of the united company is located in the capital of South Korea, Seoul. In the company more than 1300 specialists work. Management of the united company is completely consolidated by Ericsson from the moment of merge in 2010.
- The Ericsson company announced in March, 2012 purchase of an additional share block of LG – Ericsson. During the transaction the share of Ericsson in the united company will increase from present 50% + 1 action to 75%.
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