Nokia Obtains CDMA Manufacturing Licence for China.Business Editors/High-Tech Writers HELSINKI, Finland--(BUSINESS WIRE)--June 3, 2003 The government of the People's Republic of China
BNMT BNMT Bachelor of Nuclear Medicine Technology , Nokia's manufacturing joint venture in China, is now able to proceed with its plans to introduce its first CDMA based products for the Chinese market. The company intends to start deliveries of its first CDMA terminals to the Chinese market during the second half of 2003. "The manufacturing license is not only a statutory requirement for manufacturing and selling CDMA based products in China. It also demonstrates that Nokia's CDMA technology meets the high level of expectations and contains the advanced features required by the Chinese consumers. Nokia plans to build an equally strong presence in CDMA in China as we currently have in GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. . I would like to thank the related Chinese authorities for their support throughout the licensing process," said Urpo Karjalainen, President of Nokia (China) Investment Co., Ltd. Nokia has had a strong presence in China since 1985. With innovative technology, Nokia has continuously strengthened its market position in China as a leading supplier of mobile and broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). network systems and mobile phones. China is an important part of Nokia's global manufacturing and R&D networks. In China, Nokia is the largest exporter in the mobile telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. industry. Nokia has established more than 50 offices and two R&D centers in China, employing over 4 700 people. The understanding of local market requirements is essential for success; hence Nokia has invested significantly in research and development in China. This has yielded important innovations in, for example, Chinese language input methods. Recently Nokia has introduced the Nokia 6108, a model specifically designed in and planned for China. With its intuitive touch pad and pen input for Chinese character messaging, the Nokia 6108 demonstrates Nokia's strong and long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. commitment to developing products for China Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. |
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