Corporate Profile for LG Information, dated Friday Oct. 29, 1999.--(BUSINESS WIRE)-- The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Friday Oct. 29, 1999
Company Name: LG Information & Communication Ltd.
Address: 10225 Willow Creek Road
San Diego, CA 92131
Main Telephone
Number: 858/635-5300
Internet Home
Page Address
(URL): www.lginfocomm.com
Chief Executive
Officer: Y.B. Shim
Chief Financial
Officer: Robert Hwang
Public Relations
Contact: Lee Finney
Business number: 858/635-5333
E-mail address: wfinney@lginfocomm.com
Industry: Wireless Handsets and Infrastructure
Market makers: North America, Latin America and Asia
Company Description: LG Information & Communications, Ltd (LGIC LGIC Ligand Gated Ion Channels (cell signalling) LGIC Line Group ISDN Controller ), an operating business unit of the LG Group of Seoul, Korea, is a leading designer and manufacturer of wireless CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. handsets and infrastructure. Worldwide, LGIC employs over 6000 individuals and operates R&D, manufacturing, and sales/marketing facilities around the world. To date, the company has made over 8 million CDMA handsets in all, making it one of the most experienced producers of digital wireless phones in the world. Entering the North American market in late 1997, LGIC solidly and quickly emerged as a top producer of CDMA handsets. LGIC established its North American Headquarters in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. , allowing it to develop a range of popular products designed for the North American wireless market. LG also operates a manufacturing facility nearby in Mexicali, Baja California, Mexico, where it focuses the bulk of its CDMA handsets production destined des·tine tr.v. des·tined, des·tin·ing, des·tines 1. To determine beforehand; preordain: a foolish scheme destined to fail; a film destined to become a classic. 2. for the North American market. LG's CDMA expertise has been steadily building a significant presence in the North American wireless cellular marketplace. Currently, LG provides CDMA phones to almost every 800 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. carrier in North America, as well as the major CDMA 1.9 GHz PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. carriers. LG handsets have found favor among carriers and consumers alike, becoming a dominant digital handset for Ameritech, Alltel, CellularOne, and GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Wireless. By the end of 1999, LG will have sold twenty times as many phones in the North American market as in 1998. This growth positions LG among the top four providers of cellular handsets to North American carriers. In addition to producing LG-branded handsets, the company is a significant manufacturer of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and CDMA handsets, providing wireless phones marketed under a number of brands worldwide. The company also manufactures and markets Private Branch Exchange and Digital Key System equipment, digital service units, modems, and other state-of-the-art digital telecommunications equipment. |
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