China backs $519 mln on home-grown 3G cells
China is expected to invest at least four billion yuan (519 million U.S. dollars) to procure home-grown 3G phones around October, a prelude to issuing the long-awaited 3G licenses, industry sources said yesterday.
China Mobile, which has paid six to seven billion yuan to purchase 3G network equipment in 10 cities nationwide, will buy two million TD-SCDMA (time division-synchronous code division multiple access) phones in October, according to Chen Haofei, the secretary general of TD-SCDMA Forum.
About 18 phone makers will share the TD-SCDMA phone pie, including ZTE Corp, Datang Mobile, Samsung, LG, Haier, Lenovo Mobile, TCL and Huawei Technologies.
