LG-Ericsson empowers enterprise customers and telecommunications operators around the world with a full range of cutting-edge fixed and wireless telecommunications and networking solutions. The company is a joint venture between Ericsson and LG Electronics. It was established on November 3, 2005 and renamed LG-Ericsson after Ericsson acquired a majority stake in it. The company has 1300 employees and is headquartered in Seoul, Korea, with its R&D center in Anyang, Korea.