LG Electronics (KSE:06657.KS) and Ericsson (NASDAQ:ERIC) have signed a license agreement for the U360, an advanced mobile platform that is part of Ericsson's HSPA product family, from Ericsson Mobile Platforms.
The U360 platform has the highest level of silicon integration and lowest power consumption in the industry, allowing handset manufacturers to launch ultra-small HSPA phones for the mass market. It provides 3.6Mbps HSDPA and an advanced radio solution with tri-band WCDMA, as well as quad-band EDGE/GPRS, enabling truly global handsets.
Robert Puskaric, head of Ericsson Mobile Platforms, says: "We are very happy that LG Electronics has chosen our U360 mobile platform and decided to extend the successful cooperation between our companies. The choice of the U360 provides LG Electronics with the smallest, most cost-optimized HSPA solution on the market."
Dr Woo-young Kwak, vice president and head of mobile communications R&D, LG Electronics, says: "We are very pleased with the mobile platforms from Ericsson, upon which we have built a number of very successful mobile telephones and helped us to achieve our premier position in the WCDMA market. The U360 platform from Ericsson provides us with very advanced technology, which will allow us to bring feature-rich, small phones to the global mass market."
Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
Read more at http://www.ericsson.com
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About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 06657.KS) is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 82,000 people working in more than 120 operations, including 80 subsidiaries around the world. Comprising four business units - Mobile Communications, Digital Appliance, Digital Display and Digital Media with 2006 global sales of USD 38.6 billion - LG Electronics is the world's largest producer of CDMA handsets, air conditioners, optical storage products, DVD players, and home theater systems.
LG Electronics Mobile Communications Company is a leading producer of UMTS (WCDMA), CDMA and GSM handsets. LG draws upon its cutting-edge technology and innovative handset design capabilities to create a higher quality mobile environment for its customers around the world. With a total range of wired and wireless solutions, LG is rapidly expanding its presence and market share in the global mobile industry.
For more information, please visit: www.lge.com
About Ericsson Mobile Platforms
Ericsson Mobile Platforms offers complete, end-to-end interoperability tested platforms for 2.5 and 3G. A common software platform for GPRS, EDGE, WCDMA, and HSPA terminals enables application portability, stability and security, and ensures best-in-class outcomes regarding power consumption and size. Ericsson Mobile Platforms has the smallest most cost optimized HSPA chipset in the market, making it possible for its customer to enable ultra small HSPA phones.
The technology is based on Ericsson's global leadership of standardization work and the world's strongest intellectual property rights for 2.5 and 3G systems.