Sony Ericsson joint venture in China

Ulhas Joglekar uvj at vsnl.com
Tue Apr 9 18:19:55 PDT 2002


The Times of India

MONDAY, APRIL 08, 2002

Sony Ericsson to set up joint mobile phone venture

AFP

TOKYO: Japanese-Swedish telecom venture Sony Ericsson Mobile Communications will set up a subsidiary in Beijing in May to supply third-generation (3G) phones to China, a report said Monday.

The move will unify Chinese production bases owned separately by Sony Corp. and LM Ericsson in preparation for the introduction of 3G mobile services in China in 2003, the Nihon Keizai Shimbun said.

Sony currently has a cell phone factory in Beijing, while Ericsson runs plants in Beijing and Nanjing.

Sony Ericsson is awaiting approval from the Chinese government to establish the subsidiary, the paper said.

Copyright © 2002 Times Internet Limited. All rights reserved.



More information about the lbo-talk mailing list