LG Electronics

LG Electronics said today that Chief Executive Nam Yong will keep his post for a second term while it steps up the development of new growth drivers, according to Dow Jones Newswires.

LG Electronics and Microsoft today announced they have signed a Memorandum of Understanding (MoU) to partner on mobile convergence.

Telecompaper reports that LG Electronics has unveiled a reorganisation of its business units, effective from 1 January 2009.

LG Electronics has unveiled what it claims is the world's first market-ready 'touch watch phone' - the LG-GD910 - with 3G connectivity.

The VoLGA (Voice over LTE via Generic Access) Forum officially launched today, a joint effort dedicated to bringing voice and SMS services to future LTE networks.

China Newswires, citing a Shanghai Daily report, notes that South Korea's LG Electronics plans to introduce 25 new 3G mobile phones to China in 2009, including touch screen models and phones with high-speed Internet access and high-quality 5-megapixel or 8-megapixel cameras.

South Korea's LG Electronics posted a resilient set of first-quarter results today for its mobile communications division, increasing its Q1 sales and targeting double-digit handset growth next quarter despite its own projections of the global device market declining over 10 percent year-on-year in the same timeframe.