X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SAN DIEGO-LG Electronics MobileComm USA Inc., the North American wireless division of LG Electronics, the Seoul, Korea-based electronics giant, has expanded and consolidated its US corporate headquarters. Known as LG Mobile Phones, the firm took its existing 12,000-sf facility and renovated and expanded it to a 38,000-sf office and R&D building. Financial terms on the expansion were not released.”LG Mobile Phones is committed to innovation and this move will provide our employees with an environment that will encourage and nurture creativity and development of new wireless technologies,” says Juno Cho, president of LG Electronics MobileComm. “As LG continues to increase market share in North America we believe this move marks yet another growth phase for our business.”The new facility includes a gym, cafeteria and game room. Local outfit Johnson & Jennings General Contracting handled tenant improvement and construction on the site, which is located at 10225 Willow Creek Rd. in the Scripps Ranch area. “There was an existing building that we gutted and put in new offices and new finishes,” says Carl Haines, project manager for Johnson & Jennings.Haines tells Globest.com that the space does not have laboratories. “It’s R&D space, but not manufacturing,” he adds. “The R&D space is used for design work done on computers.”The expansion consolidates various LG operations from around Scripps Ranch, according to Haines. The new complex will house LG affiliates LG Chem, LG Innotek and FNS, according to LG officials.Strategy Analytics, a Boston-based consulting firm that tracks the wireless industry, ranked LG Mobile Phones as number one in terms of sales of CDMA phones in the US for the third quarter of 2005. The firm also increased its overall share of the US mobile handset market during the third quarter, with eight million units sold and a 20.5% share of the US market.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.