Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (40751)	11/3/2003 6:33:51 PM
From: elmatador	Read Replies (1) of 74559

Jay, Chinese companies are aligning themselves with foreign firms to take over the US market!! Tell those guys that their 'buy American' is going to be a tough act to follow. It is like I tell AC Flyer: the data is there all over the place, it is just to see the information in it. UBS Sees Ciena & Huawei as Partners lightreading.com Ciena Corp. (Nasdaq: CIEN - message board) and Huawei Technologies Co. Ltd. could be teaming up in a joint reseller agreement that would allow Huawei to distribute some of its optical networking products in the United States, while giving Ciena a deep Chinese sales channel for its CoreDirector. Speculation surrounding the potential partnership surfaced today in a research note written by Nikos Theodosopoulos of UBS Investment Research. Thomson and TCL to form joint venture By Martin Arnold in Paris and Mure Dickie in Beijing Financial Times; Nov 03, 2003 search.ft.com TCL, China's largest maker of televisions, and itsFrench rival, Thomson, areplanning to create the world's biggest manufacturer of TVs, with sales above €3bn ($3.5bn). The two groups are today expected to announce the merger of their TV and DVD-player manufacturing activities. The Chinese group will own 67 per cent of the venture, to be called TCL- Thomson, with the remainder held by the French group. Charles Dehelly, Thomson's chief executive, travelled to China over the weekend to sign a binding memorandum of understanding with TCL.

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