China Mobile, the world’s largest mobile operator by market capitalisation, has offered to pay leading handset makers to help it solve severe technology problems that are threatening its expansion.
Wang Jianzhou, chairman of China Mobile, told the Financial Times that the company had approached Nokia, Samsung, LG and Sony Ericsson with an offer to co-fund research and development.
China Mobile’s offer shows the scale of its problems in developing third-generation mobile technology. Mobile operators rarely pay for R&D by handset makers.
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