Ericsson signs contract for 3G handset platforms with LG Electronics
1/17/2002 2:30 AM EST
By this agreement, LG Electronics gets access to Ericsson's cutting edge
handset technology in 2.5G and 3G/UMTS. LG Electronics is one of the
major players in the wireless industry and the deal is a proof of
Ericsson's superior technology in the field.
"We are confident that this flexible offering from Ericsson will enable
LG Electronics to develop state-of-the-art products and services," says
Tord Wingren, president of Ericsson Mobile Platforms. "The agreement
gives a boost to the 3G handset market and is the second agreement for
Ericsson Mobile Platforms, with Sony Ericsson as the first customer."
LG Electronics develops its own value added GPRS/UMTS Dual Mode 3G
handsets based on Ericsson's technology and pays Ericsson Mobile
Platforms a license fee for the technology.
The mobile handset business is under transformation. It is going through
the same change as the PC industry did earlier, from a 'vertical'
industry with a few companies that supply the complete products to a
'horizontal' industry with many specialized companies, each supplying
their part of the products. Ericsson holds the world's largest 2.5G and
3G IPR (Intellectual Property Rights) portfolio. Part of this portfolio
is now offered to the market through Ericsson Mobile Platforms,
positioning Ericsson as a leading supplier of the core mobile handset
technology.
The technology platforms include all component specifications, printed
circuit board schematics and software, and are ready for customization
by the manufacturer. This approach enables LG Electronics to launch new
products quickly with minimum R&D investment and at the same time to
come out as a strong supplier of handsets when consumers all over the
world take on 3G.
Ericsson is shaping the future of Mobile and Broadband Internet
communications through its continuous technology leadership. Providing
innovative solutions in more than 140 countries, Ericsson is helping to
create the most powerful communication companies in the world.
Read more at http://www.ericsson.com/press
FOR FURTHER INFORMATION, PLEASE CONTACT
Peter Olofsson, Director Public Relations
Ericsson Corporate Communications (Sweden)
Phone: +46 8 719 1880 or +46 70 267 3445
E-mail:
About Ericsson Mobile Platforms
Ericsson made an early strategic decision to accelerate the wireless
industry. On 1 September 2001, Ericsson Mobile Platforms was formed as a
fully operational company to offer its complete 2.5G and 3G platform
solutions to all manufacturers of mobile phones and wireless information
devices on the open market. Ericsson Mobile Platforms offers the fastest
route for manufacturers to launch new GPRS or 3G products with limited
R&D and resources, allowing them to focus on areas of product
differentiation, including applications, industrial design, distribution
and branding.
About LG Electronics
LG Electronics, a major global player in electronics &
telecommunications, is one of the world's top 10 manufacturers of mobile
handsets. The company operates 72 subsidiaries around the world with
over 64,000 employees worldwide. LGE focuses on Digital TV, CD-RW, DVD,
CD-ROM, DVD-ROM Drives, PCs, Monitors, Mobile Handsets, Information and
Communications System, CRTs and PDPs. LGE is strengthening core
competencies even more to further its reputation as the "Digital Leader"
in electronic products and equipment in the digital era.
Read more at www.lge.com