Ericsson-LG is a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

company owned by the Swedish group

Ericsson (), commonly known as Ericsson (), is a Swedish multinational networking and telecommunications company headquartered in Stockholm, Sweden. Ericsson has been a major contributor to the development of the telecommunications industry and is one ...

(75%) and the

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia. It constitutes the southern half of the Korea, Korean Peninsula and borders North Korea along the Korean Demilitarized Zone, with the Yellow Sea to the west and t ...

n group

LG Electronics LG Electronics Inc. () is a South Korean Multinational corporation, multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG, LG Corporation, the fourth ...

(25%). Founded in July 2010, Ericsson-LG designs and markets devices for telecommunications network operators and enterprises in South Korea. Ericsson-LG has worked closely with three major service operators in South Korea: SKT, KT, and LG U+. As a core partner, Ericsson-LG has enabled operators to launch early commercialized services, namely CDMA and 5G, as well as play an important role in driving Korea as a key player in the global mobile communications market. In October 2022, Ericsson-LG appointed Hannes Ekström as the CEO and Joint Representative Director. Initially founded as LG-Nortel in November 2005, Ericsson bought Nortel's stake in June 2010 and subsequently renamed the company LG-Ericsson. On March 22, 2012, Ericsson increased its stake to 75% and on September 1, 2012, LG-Ericsson changed its name to Ericsson-LG.

Key Products and Services

Ericsson-LG’s key products and services has three primary business units: Networks, Cloud Software and Services, and Private Networks. First, Networks provides the hardware, software, and related offerings for both radio access network (RAN) and mobile transport. The network technology covers Ericsson-LG’s end-to-end 5G platform and enables access to a full 5G deployment. Second, Cloud Software and Services. This business unit includes solutions to core network and automation (new use cases with 5G that were previously not possible with 3G or 4G networks) and

managed services Managed services is the practice of outsourcing the responsibility for maintaining, and anticipating need for, a range of processes and functions, ostensibly for the purpose of improved operations and reduced budgetary expenditures through the ...

, which advances network and IT operations as well as next-generation connectivity. Furthermore, for better service quality and successful 5G monetization, Ericsson-LG also offers solutions for services orchestration and telecom BSS. These solutions allow service providers to smoothly transition to cloud native software and automated operations. Finally, there is private networks. Ericsson-LG offers private network solution, Ericsson Private 5G, for various industries to fit any organization’s digital transformation. {{DEFAULTSORT:Ericsson-Lg Ericsson LG Electronics Nortel Telecommunications equipment vendors Teleconferencing Videotelephony