KTFT Slips Through LG's Fingers
Jun 15, 2006, 12:42 PM by (staff)
LG's attempted buyout of KTF Technologies has failed. The two companies have been in negotiations since LG announced its intention to buy out the handset manufacturing arm of KT Freetel in March. However in filings today both said they are were not able to come to an agreement on price and other terms. LG is third largest handset manufacturer in Korea and was most likely attempting to acquire KTFT to reclaim its number two spot rather than for any specific technological or financial benefits. KTFT manufactures a number of handsets for UT Starcom.
FCC Approves Freetel Handset for Cricket
A handset made by Freetel, a Japanese company, was recently approved by the FCC for Cricket Wireless. Documents on the FCC web site detail a smartphone called the Cricket Wave, though the phone is manufactured by Freetel.
Freetel Sets Sites On US Market with Japanese Handsets
Freetel today announced plans to sell its smartphones in the U.S. Freetel is one of the larger wireless network operators in Japan and also makes its own smartphones.
Coral Blue Galaxy S8 and S8+ Go On Sale In US July 21
Samsung today said the Coral Blue variant of the Galaxy S8 and S8+ handsets will become available to U.S. buyers starting July 21.
Nokia and Samsung Settle Patent Licensing Deal
Nokia today said it has reached an agreement with Samsung over the licensing of its wireless patents. The companies have been disputing the value of Nokia's patents since Nokia sold its handset division to Microsoft.
shouldn't it say "LG is third largest handset manufacturer IN Korea..." ??????
In the future, please use the "Contact Us" link on the left to reach us directly. It's much faster than a comment we might not even see.
Vanity thy name is...