[capital vue] Taiwan's makers of telecom equipment are hoping to sell 60 million units of 3G phones worth almost $8.26 billion to China Telecom (0728.HK) on the arrival of Wang Xiaochu, chairman of China Telecom in Taiwan, reports C114.net, citing CENS.
According to the report, Taiwan’s telecom equipment suppliers are expected to win a majority of the procurement contracts as they are the main producers of CDMA 2000 mobile phones.
Taiwanese telecom equipment providers are also a major source of broadband internet access equipment.
The talks between Wang and executives of Taiwan’s telecom companies will cover the connection of undersea lightwave cables cross the straits, roaming services, value-added services for 3G mobile phones, the supply chain of mobile phones, wireless hotspots and fiber broadband.
Taiwan has a complete industrial chain for CDMA mobile phones. Genie Network Resources Management (GenieNRM) is a major supplier of chips for CDMA 2000 phones while HTC is a major mobile phone supplier to China Telecom.
China Telecom Chairman Visits Taiwan