Mobile phone distributor to set up a joint venture with opera

On the evening of March 4, the company's board of Directors has agreed to set up a joint venture with the Norwegian browser maker Opera in China, with its main business as a mobile browser product and based on the content operations and services provided, according to a notice issued by the domestic handset distribution company, the audio holdings. Notice disclosed that the audio communication and opera set up a joint venture company registered capital of 135 million yuan, of which the days of sound communications investment RMB 90 million yuan in cash, in the joint venture holding.　　Joint venture Company's main business for mobile phone browser products, and based on the content of the operation and service delivery, the joint venture will be mobile browser product development, brand building, market and user growth, for a short time in the domestic mobile phone browser field to achieve a leading position.　　Due to the rapid development of mobile Internet, there are many manufacturers have entered the mobile browser market, including UCWeb, 3G portals, Tencent and other manufacturers.　　Tian-Yin said that the company's alliance with Opera is a powerful coalition, opera has a sophisticated browser technology and the world's largest user base, the sky-tone communication is one of the biggest mobile phone distributors in China, 2010 years ago three quarter company sales mobile phone 27.56 million units, with a huge potential user base. The sky-tone holding holding 70% of the audio and voice communications, audio and communications since its inception in 1996 has been committed to the mobile communications products business, has become the largest mobile phone business in China.　　The opera company was founded in 1994 and its opera browser was popular. It is noteworthy that the current cooperation between the Board of Directors has passed the proposal to establish a joint venture, but the formal signing of the agreement is still uncertain. (Loliang)