LG and Samsung Join Forces to Develop and Promote North American Mobile Digital TV Standard

[Shane]

LG Electronics (LG) and Samsung Electronics (Samsung), which together lead the global digital TV market, announced today that they will propose their jointly developed technology as the North American technology standard for mobile DTV.

Samsung and LG held a signing ceremony at Seoul Plaza Hotel in Seoul, Korea, on May 14, 2008. Executives from the two companies attended the event, including Woo Paik, LG's President and CTO, and JongWoo Park, President of Samsung Digital Media Business.

At the ceremony, the two companies agreed to...

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