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To: Dennis Roth who wrote (12998)6/23/2000 11:03:00 AM
From: Dennis Roth   of 13582
 
Telson, Nokia Partner to Create New CDMA Products - Korea Times
hk.co.kr

Telson Electronics, a wireless terminals and related
accessories provider, and Nokia, a mobile phone
and network supplier headquartered in Finland,
yesterday signed an agreement for the joint
development, manufacture and supply of CDMA
(code division multiple access) products for Korea
and other markets.

The deal is designed to strengthen Nokia's focus on
the Korean market and its portfolio of CDMA
products, Nokia officials said.

Telson expects the agreement to bring access to
new market segments with the leading brand in the
industry.

Under the partnership, Nokia will use its CDMA
competence to provide the design and user interface
for the products and provide specifications and
product requirements.

Telson will deliver its specifications and undertake
the development and production of the mobile
phones according to Nokia's requirements. Nokia
and Telson are committed to a long-term
partnership and will extend it to other markets for
mutual benefits.

Commenting on the partnership, Nokia Mobile
Phones Asia-Pacific's Senior Vice-President,
Nigel Litchfield said, ``Our partnership with Telson
will give us the impetus to provide the Korean
market with the most competitive and localized
CDMA products in the fastest and most effective
way.''

``Through this partnership, Telson intends to grow
to one of the top three CDMA terminal suppliers
worldwide by the year 2003. To that end, we are
planning to strengthen our R&D facilities by
investing a substantial portion of our profit,'' said
Dong-Yun Kim, president & CEO of Telson
Electronics.

·âú¶«Çøœ 2000/06/23 16:43
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