Economic Development Futures Journal

Monday, August 11, 2003

counter statistics

What's Headed to China?

Shanghai is going to become the second production location worldwide for W-CDMA technology from Siemens. That’s why the company is investing US$30 million to expand the Shanghai Siemens Mobile Communication (SSMC) factory. This is a perfect example of the type of investment China is landing these days. Why? Because there are 234 million mobile phones in the country.

Read the story here.

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