Ericsson-LG is a joint venture company owned by the Swedish group Ericsson (75%) and the South Korean group LG Electronics (25%). Founded in November 2005, it engineers and designs telecommunications equipment, with LG providing distribution and marketing. The company, which has approximately 1,500 employees, designs and markets advanced solutions for telecommunications networks operators and enterprises in Korea and internationally.
On 29 June 2010, Ericsson bought Nortel's stake in LG-Nortel (Ericsson-LG's former name), and subsequently renamed it LG-Ericsson. On 22 March 2012, Ericsson raised its stake to 75%. On 10 April 2012, LG-Ericsson appointed Martin Wiktorin as CEO, he has since been replaced by Patrick Johansson who is cuurently holding that position. On 1 Sep 2012, LG-Ericsson changed its name to Ericsson-LG.
About iPECS
iPECS is an Ericsson-LG Enterprise's brand for Enterprise Communications Solution.
For small to large-sized businesses, iPECS delivers a complete product lineup for Unified Communications bringing together voice, video, messaging, mobile and desktop applications. Based on the advanced technology, iPECS establishes its strong position by creating diverse references and constantly strengthening the product line-ups.
Continuing our efforts, we aim to build the iPECS brand as the world's top-most enterprise communication solution provider.