Wednesday, January 22, 2003 7:45:59 AM
RELATED SYMBOLS: (SSNNF)
BEIJING, Jan 22, 2003 (SinoCast via COMTEX) -- Yesterday, the T3G Technologies
Company formally founded in Beijing. The company is a joint venture of Datang
Mobile Company, Philips Electronics Company, and Samsung Electronics Company.
T3G's CEO Zuo Hanbo said that the company will concentrate on providing complete
solutions in design, hardware, and software of mobile phones to manufacturers
and design companies home and abroad. Their goal is to expedite the
commercialization of TD-SCDMA, a Chinese 3G standard. As per their schedule, the
first 3G business mobile phone sets made in line with TD-SCDMA standard will be
launched in 2004.
Zuo refused to disclose the detailed investment of the three sponsors. However,
according to Datang Mobile's COO Tang Ru'an, Datang Mobile and Philips take more
than 40% in the JV each, while Samsung takes about 20%.
Tang said that the JV company will combine Datang's strength in TD-SCDMA
standards and testing terminals, Philips' IC design and production capability,
and Samsung's strength in terminal products.
T3G will push the commercialization of TD-SCDMA-GSM dual-mode mobile phone core
chips, which will help operators to provide more cost-efficient 2.5G and 3G
services to their clients.
From Source: Beijing Youth Daily page 20, Tuesday, January 21, 2003
info@SinoCast.Com
Copyright (C) 2003 SinoCast, All rights reserved
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KEYWORD: BEIJING
INDUSTRY KEYWORD: Joint Venture
International Exchange
SUBJECT CODE: Computers, Telecom and Information Technology
(Wall Street)
Daniel Nieves
Daniel Nieves
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