To: foundation who wrote (11801 ) 6/19/2001 7:35:53 AM From: foundation Read Replies (1) | Respond to of 197272 CDMA road show to be held in China By Cho, Shi-ryong Tuesday, June 19, 2001 CDMA road shows are scheduled to be held in major Chinese cities from June 19 through June 26 to build a cooperative relationship between China, a nation that is set out to make large-scale investments in CDMA mobile telecom service, and small and medium-sized mobile telecom businesses in Korea where the CDMA system first originated. In particular, the road shows are to be focused on core CDMA parts such as repeaters since system providers and service operators such as Samsung Electronics and SK Telecom have already made export contracts for their equipment and technologies. Therefore, the planned road shows are likely to decide as to whether the slumped domestic CDMA industry will be able to recover. The road shows will place a focus on enhancing CDMA industrial cooperation between the two countries, establishing venture firms between small mobile telecom businesses from the two sides and carrying out export consultation. Prime Minister Lee Han-dong and Deputy Minister of Information and Communication (MIC) Kim Dong-seon will attend the road shows to promote domestic IT firms' entry into the Chinese market. The shows will be held in Beijing, Shanghai and Shenzhen, and about 40 domestic firms interested in entering the overseas market will participate. Repeater makers are expected to attend the show in a large number, along with terminal and wireless Internet firms, for business presentations, investment explanatory sessions and product exhibitions. In addition to terminal makers such as Samsung Electronics and LG Electronics, specialized businesses including Sewon Telecom, Danam Electronic Communication, ¡¤Main System, KNC, and Withus will attend the shows from Korea. About 70 Chinese firms are to participate in the shows - mobile telecom manufacturers such as ZTE and Datang as well as small and medium-sized firms and mobile telecom system builders . In particular, KNC and China HongShin will exchange a memorandum of understanding (MOU) for a 2,000 dollar-worth repeater export deal during the road shows. Main System also plan to sign a contract with Datang for 1.1 million worth export items. "The scheduled road shows will serve to provide small domestic repeater makers and other part manufacturers with a new market so that small and medium-sized domestic equipment makers can secure a competitive edge in the 3rd-generation part market," said a MIC official. "During the road shows, we expect that there will be a number of opportunities for domestic firms, such as product supplies, joint ventures and technological cooperation," he added. etienglish.com