Siemens, Huawei agree more development of 3G JV
1/12/2004 17:22
Jane Chen / Shanghai Daily news
German electronic giant Siemens (China) Co Ltd will push forward the
cooperation with China's largest telecommunications equipment supplier in
development of China-patent third-generation telecom products, the Beijing Times
reported. Christoph Caselitz, President of Siemens mobile Networks, and Guo
Ping, vice president of Shenzhen Huawei Technologies Co Ltd, have signed an
agreement in Hamburger, Germany, for their joint venture firm, now named TDTech,
Siemens (China) announced yesterday. Zeng Yanpei, China's vice Prime Minister
attended the signing ceremony. The joint venture was launched last
year. Its working staff has increased from 300 to 450. With
headquarters in Beijing, TDTech, an investment of US$100 million, will be
engaged in developing, manufacturing and selling of technologies and products
based on the TD-SCDMA, or Time Division - Synchronous Code Division Multiple
Access, standard. It will start outputting commercial-use 3G standard base
station products in the middle of 2005. The hybrid venture has developed
TD-SCDMA base stations and wireless equipment. After obtaining approval
from the Ministry of Information Industry, it will start testing for the
products from this month as planned.
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