InvestorsHub Logo
Followers 19
Posts 7181
Boards Moderated 0
Alias Born 01/02/2003

Re: None

Friday, 03/14/2003 8:02:14 AM

Friday, March 14, 2003 8:02:14 AM

Post# of 432774
Nokia Signs with Huawei on WCDMA Mutual Authorization



BEIJING, Mar 14, 2003 (SinoCast via COMTEX) -- Nokia signed agreement with Huawei on March 10, 2003, the two companies would share patents and copyrights of WCDMA with each other, including manufacturing and selling infrastructure equipment of WCDMA globally.

The agreement enables the two companies sharing patents and copyrights at lower cost.

Nokia is spreading WCDMA in China with the help of domestic partners by reducing patents charges of transformation. The agreement is a milestone for domestic vendors approaching to international WCDMA market. Now, most international mobile telecom carriers have chosen WCDMA as their 3G standard.

He Qingyaun, vice-president of Nokia China, says, "Nokia has been working on localized production of mobile communications equipment in China. We are very pleased to cooperate with Chinese partners such as Huawei. The agreement is just a beginning for Chinese companies adopting advanced technologies. We believe that that is a two-win agreement."

Xu Zhijun, vice-president of Huawei, says, "Huawei has been dedicating in research of communications products with independent intellectual property rights. The two-win cooperation is our determination to grow WCDMA."
From Source: sina.com page 1, Thursday, March 13, 2003
info@SinoCast.ComCopyright (C) 2003 SinoCast, All rights reserved

-0-
KEYWORD: BEIJING
INDUSTRY KEYWORD: Joint Venture
International Exchange
SUBJECT CODE: Computers, Telecom and Information Technolog


Daniel Nieves

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News