JBL and L.G. Electronics Team Up
Last week, <A HREF="http://www.jbl.com/">JBL Consumer Products</A> (a unit of the <A HREF="www.harman.com">Harman Consumer Systems Group</A>) and Korea's L.G. Electronics (manufacturers of Gold Star and L.G. Electronics brand products) announced that they have entered into a strategic alliance to jointly develop and market a "broad range of new consumer electronics products." The companies say that the partnership "builds upon the respective strengths of both manufacturers" and will enable both companies to expand their offerings into areas outside their traditional product categories.