NEC Expanding China 3G Sales
NEC Corp will launch infrastructure-related operations for China’s 3G cellular phone market, the Nihon Keizai Shimbun reported, without citing sources. NEC is also expanding its cellular handset operation in China, the newspaper said. Shipments of the current generation of cell phones exceeded 1 million units as of Nov 30, exceeding the total for financial 2003, it said. NEC estimates that shipments will reach 2 mln units for the full fiscal year and grow to 3 mln in financial 2005, according to the article.
The firm has set up a showroom for ground stations and other equipment in Guangdong, Guangzhou province, the report said. By selling ground stations, as well as building and maintaining computer systems, NEC is targeting the sale of some 30 bln yen from that market as early as the 2005 financial year and 100 bln yen two to three years later, the newspaper reported. Original Source: Nihon Keizai Shimbun.