China Mobile plans an investment of CNY 600Mn to support 3G terminal devices

www.WirelessFederation.com/news: China Mobile reportedly plans an investment of CNY 600 million to support the research and development of terminal devices for TD-SCDMA, the domestically-developed 3G standard. According to an agreement, the company signed with nine mobile phone manufacturers and three chipset producers, the two sides would pour CNY 1.2 billion into the R&D project. The company said that the newly-launched R&D project will focus on the design of a flagship mobile phone model that supports broadband internet, and a more economical one whose market price will be under CNY 1,000. The telecommunication companies of China use different CDMA standards. Each will separately order terminals from different mobile phone makers which support their own standards.