Taiwan Semiconductor Manufacturing has begun construction of a US$1bn chip plant in China before getting permission from its own government, the Financial Times said. The company signed a memorandum of understanding with Songjiang Industrial Park near Shanghai and officials began construction of the plant in August. An official at the Taiwan investment commission confirmed that […]
Category: Tech, Media & Telecom
Texas Instruments, the world's top supplier of microchips for mobile phones, is close to reaching agreement with Semiconductor Manufacturing International Corp on the joint manufacturing of chips, Reuters said. Under the proposed deal, SMIC would take chips partly produced by Texas Instruments and apply copper circuitry to their transistors, which would be built with 130-nanometre […]
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Unicom in CDMA handset deal
China Eastern Communications (Eastcom) has signed an agreement with China Unicom for sales of CDMA handsets, South China Morning Post said. Under the deal, Eastcom's distribution arm, Face One Telecommunications, would buy CDMA handsets from Unicom at wholesale prices and sell them to end-users at around onethird the market rate, provided they subscribed to Unicom's […]
Sony Ericsson Mobile Communications announced that it was going to invest m40m to set up a holding company and a research and development centre in China. The statement was made at the official launch of the China operations of the joint venture, which has taken over Ericsson's mobile phone manufacturing operations. Sony Ericsson also said […]
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Phone giants in price war
China's two mobile phone companies are engaged in a price war in several provinces, pitching prices below the levels set by the government, said the People's Posts and Telecommunications, the official newspaper of the Ministry of Information Industry. A China Mobile branch in Sichuan province was reported to be offering customers rates described as 'a […]