Nokia has been granted a
license in China to manufacture and sell CDMA based mobile handsets. BNMT,
Nokia's manufacturing joint venture in China, is now able to proceed with its
plans to introduce its first CDMA based products for the Chinese market. The
company intends to start deliveries of its first CDMA terminals to the Chinese
market during the second half of 2003.
"The manufacturing license
is not only a statutory requirement for manufacturing and selling CDMA based
products in China. It also demonstrates that Nokia's CDMA technology meets the
high level of expectations and contains the advanced features required by the
Chinese consumers. Nokia plans to build an equally strong presence in CDMA in
China as we currently have in GSM. I would like to thank the related Chinese
authorities for their support throughout the licensing process," said Urpo
Karjalainen, President of Nokia (China) Investment Co., Ltd.
Nokia has had a strong presence in China since 1985. In China, Nokia is the largest exporter in the mobile telecommunications industry. Nokia has established more than 50 offices and two R&D centers in China, employing over 4,700 people