(Japanese Site)
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| Telson Electronics to Supply Mobile Phones to Motorola
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June 25, 1998 (SEOUL) -- Telson Electronics Co., Ltd., a Korean
communications device maker, agreed to supply US$30 million in
cellular phones to U.S.-based Motorola Inc. in 1998.
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"The Korean company recently signed a letter of intent to supply
CDMA (code division multiple access) cellular phones to Motorola,"
a Motorola official said.
"Supply tests are underway, and the two companies hope to finalize a
contract as early as next month," he added.
The official also said Motorola plans to develop Pantech Co. as its
Korean production center, while selling Telson products in China,
the United States, South America and Australia.
Telson Electronics recently announced it developed a compact digital
cellular phone (TDC-500) and a personal communications service (PCS
) phone (TPC-3300).
The company is also building a US$21.4 million plant to produce
cellular and PCS phones. The new plant will increase its cellular
phone production capacity to 2 million units a year.
Telson Electronics hopes to record US$71.4 million in sales this
year and US$214 million in 1999.
(Maeil Business Newspaper, Korea)
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