[Korea.net News, Economy / Industry, May 14 2007] Samsung, LG agree to develop joint standard for North American mobile TVs

Samsung Electronics Co. and LG Electronics Co., Korea's world-class electronics manufacturers, said Wednesday (May 14) they agreed to jointly develop a mobile television technology aimed at becoming the industry standard in the North American market.

Executives from the two companies signed a deal for the joint standard at a hotel in Seoul, the companies said, adding that they plan to forward their proposal to the Advanced Television Systems Committee (ATSC).

The ATSC is an international group, established in 1982, that develops technology standards for digital television that are used in the United States and have also been adopted by Canada.