LG companies on synergy from partnership of technology firms
koreaherald.co.kr
LG Group is confident that it will be an ideal business model for IMT-2000 as its
group is a perfect combination of a PCS (personal communication service)
provider, LG Information & Telecommunications, the developer of equipment and
terminals, LG Electronics, as well as Chollian, a leading online service provider.
LG has not been as successful as other mobile service providers, but the nation's
third largest conglomerate is committed to changing that by beating its rivals; Korea
Telecom and SK Telecom.
Recognizing the world trend for W-CDMA technology, the group has been
spearheading the development of technology for this European-type
third-generation mobile service. While SK Telecom, the nation's largest mobile
service provider with 011 and 017 under its control, shows off its strength in
CDMA technology, LG seeks to reshape the market in tune with the launch of the
next-generation mobile service.
LG companies initiated a research project in partnership with 18 small and
medium-sized firms to develop core technologies last month. The companies are
working on 17 projects encompassing RF technology, digital optic transmission
system, terminal and software and its operating system, multimedia service and
application service.
At the same time, LG is also forging and strengthening strategic links with
overseas partners. LG TeleCom recently made an agreement on comprehensive
cooperation with Japan Telecom.
Earlier this month, LG TeleCom and British Telecom (BT) made a joint
announcement that the European mobile carrier would participate together in the bid
for IMT-2000 license, which is scheduled for September. Though LG is not a
leader in voice telephony services, the company boasts strength in contents including
wireless data communication, BT said.
Experts say LG TeleCom's partnership with BT, a world leading
telecommunication company, will have a great influence on the process of selecting
candidates for IMT-2000 licenses.
British Telecom said that Korea is an important focal point in the Asian market,
and so BT will win a license for IMT-2000 through sharing burden with LG
reasonably. BT holds 24.12 percent stakes in LG TeleCom as the second majority
shareholder, and won a license for next-generation mobile services in Britain and
Spain.
LG Electronics along with the LG Electronics Institute of Technology and
Meanwhile,LG Information and Communications succeeded in adapting Organic
Electro Luminescence (EL) display to a fully working mobile phone (model: LGP
7400F i-folder type) last July.
According to the LG companies, Organic EL display is currently receiving a lot
of attention as it is the display for mobile phones that can meet requirements of the
future IMT 2000 mobile service, which will be offered by countries around the
world from 2001.
Updated: 08/31/2000 |
