Shanghai Huaqin Telecom Technology signed a license agreement with Qualcomm to venture into the 3G CDMA 2000 telecom equipment market.
Though the CDMA 2000 telecom equipment is withering, cell phone makers are still having great interests in it. Such move of Shanghai Huaqin is aiming at the opportunities brought by the upgrading of 3G networks of China Telecom after it takes over the CDMA networks from China Unicom.
President of Shanghai Huaqin says that the partnership with Qualcomm will help Shanghai Huaqin provide its customers with better products and services.
Besides Shanghai Huaqin, BYD, TechFaith, and Teleepoch have all signed the license agreements with Qualcomm to compete with traditionally dominating players such as Huawei Technologies and ZTE.
China Telecom is planning to spend heavily in CDMA network construction and upgrading with an eye to bring its total CDMA subscribers to 100 million in the coming three years.
Source:SinoCast