LG Electronics looks hopefully to Chinese market | RCR Wireless

LG Electronics looks hopefully to Chinese market

by Reily Gregson

BEIJING—South Korea’s LG Electronics hopes to sell 128,000 CDMA handsets to China Unicom this year. It plans to produce CDMA handsets in a joint venture with Shandong Langchao, in which LG Electronics would have a 49-percent stake.

Although the company does not have a license to produce GSM handsets, it still expects to sell 2 million GSM handsets in China next year.

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