Nortel has formed a joint venture company with a Chinese firm to drive its 3G wireless development.
The partnership with China Putian will cover the research and development, manufacturing, and the sale of 3G mobile equipment and products to customers in China.
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As the deal covers development in W-CDMA-based products, as well as TD-SCDMA solutions specifically for the Chinese market, the partners’ development work will also contribute to Nortel’s product line in Europe.
China Putian will own 51% of the joint venture, and Nortel the remaining 49%.