Articles tagged with: Lg Electronics and Goldman Sachs

Nortel to Seek Buyer for Stake in LG-Nortel Joint Venture

Nortel has confirmed that it has decided to seek a buyer for its majority stake (50% + 1 share) in LG-Nortel, the company's Korean joint venture with LG Electronics. Nortel, which is in bankruptcy protection said that LG-Nortel is a profitable, standalone business with a strong balance sheet, and has not filed for creditor protection.  more

Related Tags: nortel, lg, bankruptcy, nortel-networks, Korea South

LG Electronics Claims Top Spot For 3G In Europe In 1Q

STOCKHOLM -(Dow Jones)- South Korea's LG Electronics Co. Ltd. (066570.SE) Thursday said it won the top spot for third -generation mobile phones sold in Europe in the first quarter.  more

Related Tags: idc, hutchison-whampoa