LG Electronics and YouTube

LG Electronics announced that they will increase production of plasma displays which is great news and shows a strong organization as they are in the mist of a legal battle over a patent infringement by Hitachi, who will clearly have to explain themselves in the next year or so...

Youtube, SKorea's LG Electronics sign deal to develop mobile phone
07.03.07

SEOUL (Thomson Financial) - South Korea's LG Electronics said Tuesday it has signed an agreement with YouTube, the world's biggest video-sharing website, to develop a mobile phone that can operate the YouTube service.

LG Electronics said the proposed model will enable users to upload, view and share video clips or user-created content (UCC) online freely without using computers.

'LG Electronics will unveil a mobile handset that fully supports the YouTube service for the first time in Europe in the second half of this year,' the South Korean firm said in a statement.

YouTube, owned by Google (nasdaq: GOOG - news - people ), is the world's most popular online video-sharing website (www.youtube.com) where computer users can upload, view and share video clips.
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