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| | Korea: IBM, LG winding down joint venture - Hardware - News - ZDNet Asia (Site not responding. Last check: 2007-11-06) |
 | | LG/IBM PC was formed in 1996, with a 49 percent investment from LG, one of South Korea's largest electronics companies, and a 51 percent investment from IBM. |
 | | LG's contributions to the partnership largely involved creating a sales channel and a supply chain, though the joint venture also sells LG-branded PCs. |
 | | In January, some executives from IBM ventures in Korea, including LG/IBM PC, were indicted for rigging public-sector computer contracts. |
| www.zdnetasia.com /news/hardware/0,39042972,39192074,00.htm (362 words) |
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