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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Eric L who wrote (16706)	11/21/2001 7:19:09 AM
From: Eric L	Read Replies (2) \| Respond to of 34857

Nokia and Shanghai Alliance Joint Venture in China Another milestone in Nokia's Globalization Drive, as well as in Nokia's long-term commitment to be the preferred partner in China. Shanghai Alliance Investment will hold a 30% share of Nokia (Suzhou) Telecommunications Co., Ltd. and Nokia will have 70%. Shanghai Alliance Investment Ltd. was founded on Sep. 26, 1994. It is affiliated with the Shanghai Municipal Planning Committee. The company is mainly engaged in investment and financial services in high-tech industry and important infrastructure and invests in enterprise reform. Investment includes Shanghai Airline Limited Company, China Netcom Corporation Limited, and Shanghai Pudong Development Bank and the Bank of Shanghai. >> Nokia And Shanghai Alliance Join Forces To Operate Mobile Telecommunications Manufacturing Site November 21, 2001 Nokia Press Release Today Nokia and Shanghai Alliance Investment Ltd. held a ceremony to celebrate the official formation of a Joint Venture between the two companies. It is another milestone in the company's globalization drive, as well as in Nokia's long-term commitment to be the preferred partner in China. According to the agreement, Shanghai Alliance Investment will hold a 30% share of Nokia (Suzhou) Telecommunications Co., Ltd. and Nokia will have 70%. Established in 1998, Nokia (Suzhou) Telecommunications Co., Ltd. is a global manufacturing facility located in Suzhou. Today, the factory has more than 400 employees and its export rate exceeds 70%. After the establishment of the Joint Venture, it will continue manufacturing cellular network products, including GSM base stations and transmission products, for the Chinese and global market. Mr. Urpo Karjalainen, President of Nokia (China) Investment Co., Ltd. said, "Nokia (Suzhou) Telecommunications Co., Ltd. has been developing rapidly since its establishment. Shanghai Alliance has rich experience in the IT industry and a deep understanding of the China market and customer needs. We strongly believe that the cooperation between Nokia and Shanghai Alliance will secure the future success of the company. It will offer the most advanced mobile telecommunications system to operators in China and around the world, and will allow end-users to fully enjoy the unlimited benefits of the mobile information world." "The Chinese telecommunications market has seen rapid development over the last several years," said Mr. Yang Xiong, former General Manager of Shanghai Alliance. "Looking at the future, the telecommunications industry, including mobile Internet and 3G technology, will have greater room for development. It is one of our important strategies that we actively participate in and promote the Chinese hi-tech industry. We are very happy to joint hands with Nokia, the world's leading player in the mobile telecommunications field, to push forward the development of advanced information technology in China," he continued. Shanghai Alliance Investment Ltd. was founded on Sep. 26, 1994. It is affiliated with the Shanghai Municipal Planning Committee. The company is mainly engaged in investment and financial services in high-tech industry and important infrastructure. It also invests in enterprise reform. The company's main investment business includes Shanghai Airline Limited Company, China Netcom Corporation Limited, etc. The company is also a shareholder of the Shanghai Pudong Development Bank and the Bank of Shanghai. Nokia is committed to a long-term development and preferred partnership in China. With innovative technology, Nokia has continuously strengthened its market position as a leading supplier of mobile and broadband network systems and mobile phones in China. China is Nokia's second largest market in the world. Nokia's investment in China has surpassed USD 1.7 billion. Nokia has established over twenty offices, eight joint ventures and one R&D center, with over 5,500 employees in China. << - Eric -

To: Eric L who wrote (16706)	11/21/2001 7:46:23 AM
From: elmatador	Read Replies (1) \| Respond to of 34857

NOK has a proprietary MMSC. This is a bad omen for MMS. Regardless the initiative of CMG, Comverse, Ericsson, Logica, Motorola, Nokia and Siemens,for a common vision for Multimedia Messaging Service NOK appears to have a strategy of deploying its own MMSC.

To: Eric L who wrote (16706)	11/21/2001 7:48:40 AM
From: elmatador	Read Replies (1) \| Respond to of 34857

NOK demo in a conference appears to be not so strong a case as is ERICY participating on internal technical trial conducted with Europolitan Vodafone employees. (Europolitan Vodafone uses the Comverse MMSC.) QUOTE The participants are equipped with either a WAP-enabled handset or a PDA to send and receive multimedia messages combining pictures and text, as well notification of new messages. The second phase of this project, which will commence in November, will focus on Europolitan Vodafone customers, specifically the youth and young professionals. Ericsson, will participate in the trial and supply their new MMS enabled handset, the T68 for some of the trial participants. The T68 is Ericsson's first mobile phone with color display, MMS, and digital imaging and audio capabilities. This very small, powerful and sleek mobile phone, with a completely new look and feel, is developed for GSM 900/1800/1900 to work on GPRS networks. END QUOTE