Ericsson signs contract for mobile platforms with Chinese TCL Mobile
"China has the world's largest user base of mobile phones and with its strong market position TCL Mobile is absolutely our right partner. Based on Ericsson's mobile platforms offering, we are assured that TCL Mobile will meet its high demands on handset development, products and rapid time to market for its customers," says Tord Wingren, President of Ericsson Mobile Platforms.
The deal shows evidence of the transforming mobile phone industry, where previously a handful of companies would supply the complete products to their customers. Today the market trend is that a large number of vendors will build consumer products using crucial solutions supplied by a small number of specialized companies. This brings opportunities for Chinese companies to compete with large international mobile vendors.
In line with the agreement, TCL Mobile Communication develops value added 2.5G GPRS phones based on Ericsson's core mobile handset technology. Ericsson holds the world's largest portfolio of 2.5G and 3G Intellectual Property Rights. Part of this portfolio is now offered to the market through Ericsson Mobile Platforms, positioning Ericsson as a leading supplier of the core handset technology.
Ericsson is shaping the future of Mobile and Broadband Internet communication through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.
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