LG Electronics Inc. recently forged a record agreement to supply 3 million W-CDMA handsets to Hong Kong-based Hutchison Whampoa Limited. LGE has now set out to emerge as the true leader in the global 3G market.
LGE held an LG-Hutchison 3G Phone Launching Ceremony at the LG Gangnam Tower Amoris Hall on June 8, 2004 to celebrate both companies' successful launching of 3G phones. More than 150 people attended the event, including LGE CEO & Vice Chairman S. S. Kim, LGE Telecommunication Equipment & Handset Company President Mun Hwa. Park, and Hutchison Whampoa Group Managing Director Canning Fok, as well as other senior executives from both companies.
The event marked LGE's delivery of over 500,000 LG W-CDMA phones of "U8110" model in one month since the first shipment, and its successful entry into the European 3G phone market. LGE is set to supply the record volume of 3 million third-generation W-CDMA dual-mode handsets (model: LG-U8110 series) to Hutchison Whampoa by the end of this year. LGE is the first Korean company to enter the overseas 3G market.
The "U8110" model is a GSM/GPRS-compatible, dual-mode W-CDMA camera phone. It is a European-style 3G terminal that presents state-of-the-art multimedia features, such as video telephony, VOD, MMS, etc.
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