China Mobile's chairman, Mr Wang, said the company had spent 600 million yuan (RMB, the same), and 6 domestic and foreign manufacturers to develop TD mobile phones, material this year will have 11 mobile phone marketable, next year to launch a minimum of 30 high-end mobile phones. Wang said that 600 million yuan will be the development of the retail price of 1,000 yuan above the high-end TD mobile phones, and each of the following low-end mobile phones. In high-end handsets, he says, Mobile has been with ZTE (00763-HK) and other 6 companies, will use 300 million yuan research and development of new mobile phones, material this year first 6 marketable, next year to push 30, and in the low-end market, there are 5 companies to participate in the project, this year will first push 5 marketable.
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