LG in India-specific plan

Image
Our Corporate Bureau Mumbai
Last Updated : Feb 06 2013 | 6:00 PM IST
 

LG Electronics has tied-up with Reliance Infocomm to provide CDMA technology-based mobile handsets in the country.
 

It has also provided a "limited number of mobile handsets" to Tata Teleservices for the latter's foray into the mobile telephony.
 

Speaking to Business Standard, Tom K Baek, country head - CDMA terminals, LG Electronics, said, "LG Soft India will expand its R&D activities at Bangalore to develop software for mobile phones which are customer specific. By developing software applications in India, the response time to apply them will be quick."
 

LG Soft India (LGSI), is promoted by the third largest Korea conglomerate, the LG group, with equity participation from AIG. It has two offshore development centres in India and offices in San Jose, London and in Seoul. At Bangalore, LG Soft is planning to more than double its manpower from 300.
 

Research has helped LG to launch LG RD 2130, a moonlight phone which is bilingual, capable of sending short messaging services in English and Hindi.
 

KK Kushwaha, vice-president - CDMA terminals, LG Electronics, said, "LG intends to continue being a market leader in the CDMA handsets market in India. We already enjoy more than 50 per cent market share within two years of starting operations here."
 

Including the LG RD 2130 handset, LG has three models for the telecom service provider Reliance Infocomm and one model for Tata Teleservices. Baek pointed out that the company has lined-up several models from the LG stable for the market here in the first half of 2004.
 

In the CDMA global market, LGE supplied a total of six million mobile phones, recording a 23 per cent market share. It outperformed other players such as Samsung Electronics and Motorola which supplied 5.1 million units, covering nearly 19.6 per cent market share.
 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 15 2004 | 12:00 AM IST

Next Story