SEOUL, April 28 (Korea Bizwire) — The chief of Ericsson-LG, a telecom equipment joint venture between Sweden-based Ericsson and South Korea’s LG Electronics Inc., said Wednesday that there will be no impact to its business even after the local tech giant’s planned exit from its loss-making handset business. LG Electronics said earlier this month that [...]
SEOUL, June 30 (Korea Bizwire) — One in four South Koreans are inclined to spend more on 5G network services and faster internet connection to better prepare for the coronavirus pandemic, a survey showed on Tuesday. The survey conducted by Ericsson-LG, a joint venture between Sweden-based Ericsson and South Korea’s LG Electronics Inc., showed that [...]
SEOUL, Sept. 19 (Korea Bizwire) – Prosecutors said Monday they have indicted the local subsidiary of China’s Huawei Technologies Co. and its executives on charges of leaking its competitor’s technologies and trade secrets. The Seoul Central District Prosecutors’ Office said Huawei Korea’s executive, identified only by his surname Kang, is suspected of leaking business secrets [...]
SEOUL, April 21 (Korea Bizwire) — A South Korean telecom device maker said Tuesday it has sent an official letter of complaint to the Seoul branch of Huawei Technologies, asking the Chinese firm to follow business ethics and stop recruiting its workforce. “Huawei has been making overreaching moves to take away experts from its rivals [...]