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China, US Companies Join in New Telecom Product Development


The Zhongxing Telecom Co., based in Shenzhen City, south China's Guangdong Province, and Agere Systems from the United States have signed an agreement of cooperation for the building of a research and development center in Shenzhen.

In accordance with the agreement, a management team, which willconsist of representatives from both companies, will be set up under the R&D center.

Both partners will be responsible for the training of personnel,technical support, as well as for providing the R&D equipment and facilities needed. They will focus on research and development of new core technologies suitable for China and the international market.

Sources from the Zhongxing company explained in detail that they would intensify cooperation with the American company in fields including photoelectronics, integrated circuits and digitaltransmission and would work together in the development of such products as the third-generation telecom platform, 40Gbps transmission equipment, 10Gbps online processors, and 40Gbps systems.

An executive in charge of Asia-Pacific Operations with Agere Systems is confident that his company's cooperation with ZhongxingTelecom will help promote the development of China's telecom industry.

Zhongxing Telecom has so far established four scientific research organizations overseas. It chalked up 14 billion yuan (about US$1.69 billion) in sales contracts last year, becoming one of China's major telecom equipment suppliers.

(People's Daily May 19, 2002)

In This Series

First Sino-Foreign Telecom Service Joint Venture Opens

British Telecom Becomes First Foreign Firm on Chinese Market

Laws Banning Overseas Presence in Telecom to Be Abolished

China IT Boom Lures Japanese, South Korean Telecoms

Two Telecom Giants Join Hands

SMEs Encouraged to Enter Value-added Telecom Market

Burgeoning Chinese Telecom Market Means Huge Opportunities

Alcatel Set for Strong Growth in China

References

China to Further Open Telecom Market: Official

New Rules on Telecom and Internet Content

China's Telecom Market Welcomes Competition

China's Telecom Technology Reaches World Advanced Level

China to Become World's Largest Phone Market

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