Datang Mobile to Sell Stake in T3G
Shanghai Securities News, 6/17/08
Mobile communications technology company Datang Mobile has put its 32.11% stake in 3G chip manufacturer T3G up for sale at the China Beijing Equity Exchange (CBEX), for a price of RMB 122 mln.
The stake is for sale only to semiconductor firms that had assets of at least RMB 500 mln at the end of 2007. All else being equal, companies already involved in TD-SCDMA technology will be given priority.
Keywords: divest 3G China Beijing Equity Exchange Datang Mobile semiconductor T3G TD-SCDMA wireless
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