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Outlook for Nortel-LG Joint Venture

Started by Mark Evans · 1 year ago

Nortel held a conference call earlier this week to talk about its joint venture with LG, in which Nortel acquired a 50.1% stake for $145-million. The JV was created to give Nortel access to the South Korean market; to sell JV products from Nortel; and leverage the R&D resources of the two companies.  According to […] ... Continue reading »

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