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Strategies & Market Trends : Selling to China

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From: Julius Wong11/14/2006 8:50:58 PM
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$1.6 billion order from Chinese firm

Bloomberg News
Published November 14, 2006

BEIJING -- Motorola Inc. said it has received a $1.6 billion order to supply mobile phones to Shenzhen Telling Telecom Development Co., a distributor of phones based in southern China.

The contract for 12 million handsets in 2007 was signed Monday in Beijing, said Yan Siqing, chief executive for Shenzhen Telling. Michael Tatelman, Motorola's North Asia general manager, confirmed the details.

Schaumburg-based Motorola is aiming to win market share in China from Nokia in the world's largest cell phone market. China has about 443 million cell phone users, with an estimated 30 percent of the population owning handsets.

Shenzhen-based Telling Communications distributes phones made by Motorola, Nokia, Samsung Electronics Co. and Sony Ericsson Mobile Communications Ltd.

Motorola is among a group of U.S. companies that's accompanying Commerce Secretary Carlos Gutierrez on his trade mission to China.

chicagotribune.com
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