Nokia Invests in China 3G
Nokia's partner is state-owned mobile and fixed network vendor China Putian, with which it already develops GSM technology. The two companies will jointly invest 900 million renminbi ($111 million), with Nokia owning 49 percent of the new venture and China Putian the remaining stake.
The venture will "focus on R&D, manufacturing and sales of 3G network solutions for TD-SCDMA and WCDMA technologies," Nokia stated. Unstrung first reported Nokia's intentions last month after analysts at Merrill Lynch & Co. Inc. anticipated an announcement. (See Wireless Nuggets.)
Developed by the Chinese Academy of Telecommunications Technology, TD-SCDMA [ed. note: though it has the sound of a skin disease] has been approved by the 3rd Generation Partnership Project (3GPP) and combines older Time-Division Multiple Access (TDMA) with Time-Division Duplexing (TDD) techniques of broadcasting over a single chunk of spectrum, rather than the normal two bands. (See TD-SCDMA Forum Joins 3GPP.)
Read the whole story at Unstrung.
— Ray Le Maistre, International News Editor, Light Reading