Ericsson-LG

Ericsson-LG is a joint venture company owned by the Swedish group Ericsson (75%) and the South Korean group LG Electronics (25%). Founded in July 2010, Ericsson-LG designs and markets devices for telecommunications network operators and enterprises in South Korea.

Ericsson-LG

Company type	Joint venture
Founded	2010
Headquarters	Headquarters: Seoul, South Korea 13F, Meritz Tower, Gangnam-gu Ericsson-LG, Seoul R&D Campus 12-13F, LG Gasan Digital Center, Geumcheon-gu
Key people	Hannes Ekström, Haengman Heo
Owner	Ericsson (75%) and LG Electronics (25%)
Number of employees	850 in South Korea
Website	www.ericssonlg.com

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.