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LG Electronics looks hopefully to Chinese market

BEIJING—South Korea’s LG Electronics hopes to sell 128,000 CDMA handsets to China Unicom this year. It plans to produce CDMA handsets in a joint venture with Shandong Langchao, in which LG Electronics would have a 49-percent stake.

Although the company does not have a license to produce GSM handsets, it still expects to sell 2 million GSM handsets in China next year.

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