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.[8] In 2005, LG entered into a union venture with Nortel Networks, creating LG-Nortel Co. Ltd. LG has a joint venture with Hitachi, Hitachi-LG ...
.[8] In 2005, LG entered into a union venture with Nortel Networks, creating LG-Nortel Co. Ltd. LG has a joint venture with Hitachi, Hitachi-LG ...
Stanford Experimentation Institute to Fortune 50 executive (SBC, Nortel Networks, Bell Canada, to Venture Principal backed technology start up CEO and ...
LAS VEGAS--Ericsson ( NASDAQ:ERIC ) CEO Hans Vestberg said the crowd remains committed to ST-Ericsson, its joint venture with STMicroelectronics, in defiance of having recently announced plans to shed its investment in its handset junction venture with Sony.
"There was a time when it was extremely important to have a handset," explained Vestberg during a pressure roundtable here at the Consumer Electronics Show. He said in the past network infrastructure companies needed a handset go along with to be able to provide to wireless carriers an end-to-end solution. However, due to the rapid evolving of the handset market and the uncoupling of handsets from network suppliers, that needfulness is no longer present, he said.
However, the situation is different in chipsets for wireless phones, Vestberg said. "What is guts ... is still very important."
He added that it remains prominent for Ericsson to be involved in the creation of silicon for wireless phones due to the complex interactions between wireless networks (which Ericsson makes) and wireless chipsets (which ST-Ericsson makes). Vestberg said Ericsson will sustenance its investment in ST-Ericsson "for a while," without being more specific.
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LG Says Nothing Decided on Nortel's Stake in Venture Procession 18 (Bloomberg) -- LG Electronics Inc. said nothing has been decided on Nortel Networks Corp.'s layout to sell a stake in the companies' venture, ... |
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Rumor mill: Ericsson could move on LG-Nortel stake Honourable now, Nortel holds a 50 percent-plus-one-share stake in the LG-Nortel venture, while LG Electronics owns the uneaten stake. ... |
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Menara Networks Closes on $4M - cbl Old to founding Menara, Siraj served as Vice President - Marketing & By-product Management at Nortel responsible for the OPTera LH 4000 ULR product (acquired ... |
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10000 PS jobs on the line: report has stalled with the failure of Nortel Networks, the sale of locally run companies from Newbridge to Cognos, predetermined venture capital and the shifting ... |
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Speedy resolution unlikely on disposal of Nortel patents The venture included larger commitments of development and marketing staff by both companies, but critics feared Nortel was giving away the put by. ... |