HOME PAGE RESOURCES MOST POPULAR EDITORS PICKS EDITORS BLOG Free 7-Day Trial | Login

Try The China Perspective Free
Heavy Industry

Ericsson to buy Chinese data company
By STAFF EDITOR
Published: November 20, 2005 11:00 AM
China Business Daily reports that Ericsson, which acquired Marconi in October, may have its sights set on either UTStarcom or Harbor Networks. Ericsson president and CEO Carl-Henric Svanberg, speaking in Guangzhou on Saturday, revealed the company's plan to buy into the Chinese market, but did not mention a specific target. Both Harbor and UTStarcom would give Ericsson the capabilities it needs in the area of data networking; while its Marconi purchase supplemented its weakness in this area, it still needs to buttress its data networking services in the China market. UTStarcom is reportedly looking for foreign partners, says an insider, and rumors have linked Harbor with Siemens. Link: http://dycj.ynet.com/article.jsp?oid=6854829
bookmark | digg | Permalink | Tell a Friend
Today’s Daily Briefs E-Mail
Sign up for a roundup of the day’s top stories, sent every day.






SS Archive | About us | Affiliates | Privacy Policy | Contact us | Keywords
China News | Subscriber Agreement & Terms of Use
Browse by Title
1 2 3 4 5 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
½ÓÊܱê¼Ç