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LG Electronics establishes joint venture in China

Posted: 08 Feb 2002 ?? ?Print Version ?Bookmark and Share

Keywords:lg electronics? cdma? mobile phone? langchao lg? langchao lg digital mobile communication digital mobile communication?

LG Electronics Inc. has invested $15 million to establish a joint venture in China called Langchao LG Digital Mobile Communication Co. The joint venture located in Shandong expects to produce 1.5 million CDMA handsets per year.

According to a LG spokesperson, "Langchao LG is the first joint venture established in China by a South Korean company for the production of CDMA devices."

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