Microsoft

(MSFT) - Get Report

and South Korea's

LG Electronics

on Monday signed a preliminary agreement on a strategic collaboration in mobile technology, according to a media report.

"The agreement ensures continued strategic collaboration in R&D, marketing, applications, and services in the field of converged mobile devices," LG said in a statement,

Reuters

reports.

The agreement was signed during Microsoft CEO Steve Ballmer's trip to South Korea,

Reuters

reports.

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