October 31 Afternoon News, the news earlier today that Millet is planning and domestic mobile phone chip business with the core technology cooperation, the two sides will jointly fund the establishment of a new company. In response to the news, millet internal staff to Sina Technology said the news is not true.
Rumors that the joint venture company specializes in cell phone chip core technology development and application, millet company will hold 51%, Core technology Holdings 49%.
Core technology is one of the key enterprises of Datang Telecom Technology industry Group, specializing in the research and application of 2G,3G,4G Mobile Internet terminal Core technology, providing 3G/4G mobile terminal chip and solution. Headquartered in Shanghai, China has research and development and service centers in Beijing, Shenzhen and Hong Kong.
Joint-core technology for personal terminals, home intelligent terminals, industry applications terminals and other products to provide core chip platform and solutions, product forms cover smartphones, tablets, data terminals, wearable equipment, such as a variety of mobile consumer electronics products. Covering the Dragon Cool faction, ZTE, Huawei, Lenovo, Millet, LG, Haier and other brands.
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