Nokia (NOK.NY) said it will continue to endorse China’s homegrown 3G mobile phone standard TD-SCDMA despite the collapse of Commit, one of China’s five TD-SCDMA chip developers,
China Business News reported. Nokia is one of 17 shareholders in the company that filed for bankruptcy on May 6. Nokia said it will launch handsets using the TD-SCDMA standard by the end of this year, but declined to provide a detailed timetable as the launch of the special handsets was subject to technical difficulties and market maturity. According to
Telecomasia.com, Commit was established in 2002 with paid-in capital of $30.3 million (RMB233 million). China Mobile began the first commercial trial of the TD-SCDMA technology in early April with just 60,000 handsets. It was
reported earlier this month that NASDAQ-listed Spreadtrum Communications (SPRD.NASDAQ), one of China's leading wireless baseband chipset providers, was considering buying Commit's intellectual property. Spreadtrum went public on the US technology board last June.
@2011 China Economy @ The China Perspective.
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