皇冠体育app

Venture to promote 3G development
By Liu Baijia (皇冠体育app Daily)
Updated: 2004-04-21 08:41

Hangzhou-based electronics firm Eastern Communications Co Ltd (Eastcom) revealed yesterday it had signed a joint venture agreement with South Korean conglomerate Samsung Electronics.

The Shanghai-listed firm's move is a bid to complete its strategic deployment for the launch of the third generation (3G) mobile communications in 皇冠体育app.

The joint venture, Hangzhou Samsung Eastcom Network Technology Co Ltd, will be based in Hangzhou, in East 皇冠体育app's Zhejiang Province, where Eastcom is also based.

The two companies will invest US$15 million in the new company, which has a registered capital of US$6 million, with Samsung Electronics taking a 70 per cent stake in the venture.

"This joint venture is a major step in our deployment in preparation for the launch of the 3G in 皇冠体育app," said Samsung Electronics 皇冠体育app spokesman Li Wei.

Samsung Electronics has already developed 3G technologies based on the code division multiple access (CDMA) 2000 standard.

The joint venture with Eastcom will enable the South Korean giant to gain a foothold in the European-initiated wideband CDMA (WCDMA) standard.

It will be engaged in the research and development of WCDMA technologies and the localization of Samsung Electronics' technologies developed in South Korea.

An Eastcom spokesman said the joint venture may also produce WCDMA equipment at a later date.

Li said Samsung Electronics does not consider itself to be lagging behind its European competitors such as Ericsson, Nokia and Siemens regarding WCDMA in 皇冠体育app.

"We are at the same starting point as the European companies and the only thing we need to do is to work closely with local partners to develop the market."

Besides the joint venture, Samsung Electronics also participated in the second phase of the MTNet trial, a 3G test organized by the Chinese Government, in co-operation with 皇冠体育app Railcom.

Li said his company has also been in contact with other major players in the market, including 皇冠体育app Mobile and 皇冠体育app Telecom, to help introduce Samsung's experience in 3G applications.

He said Samsung Electronics will support all three 3G standards in 皇冠体育app, the other one being the Chinese-initiated time division synchronous CDMA (TD-SCMDA).

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