Motorola will be investing in three new projects in China. The venture-capital arm of the mobile group, Motorola Ventures, will be investing in Shanghai NewMargin Venture Capital Enterprise, Shenzhen Shenxun Information Technology Development and Legend Silicon.
"China is of continuing strategic importance to Motorola. Besides shoring up strength in mobile devices and network infrastructure, Motorola is branching out to new businesses that can help provide seamless mobility solutions to our customers in China," Warren Holtsberg, corporate vice president of equity investing, said in a news release.
Motorola is the largest foreign investor in China's electronics industry with more than 9,000 employees in China. By the end of 2005 total investments in the country exceeded $3.6 billion.
Copyright 2006 by United Press International
Related stories:
Grow your mobile in a pot? Maybe someday, say Nokia researchers
With a mobile phone you can make calls on the go, shoot photos and pinpoint your position on a map. And who knows, maybe one day you'll be able to grow your phone in a pot, if the futuristic ideas of technology researchers come true.
Want FiOS from Your Cable Company? Motorola Can Help
Motorola on Monday unveiled a cable passive optical network (PON) solution intended to provide an upgrade path for cable-based broadband companies to shift to fiber.
Motorola Invests In Vocera
Motorola has added an undisclosed investment in Vocera, whose 'Star Trek' communicator-style badges have become a hit in hospitals and other hands-free areas. The two companies are working together to tie in handheld computers in a novel twist on mobile computing and communications.
Nokia Still King In Shrinking Phone Market
Nokia emerged as the top mobile phone vendor for the first quarter of 2007, but mobile phone makers saw an overall decline in growth due in part to the dwindling pool of consumers without cell phones, according to a report from research firm IDC.
Indian broadband market could explode
The telecom world may still be marveling at India's mobile telephony growth, which at 100 million connections has emerged as the fastest growing in the world, but the other scorching growth story in the country's telecom sector could well be broadband over wireless.
In Brief: Motorola completes auto electronics sale
Motorola has completed the $1 billion sale of its automotive electronics business to Germany's Continental AG.
Microsoft's Office 2007 vision
Microsoft Office applications are getting a multimedia tech facelift, which will incorporate voice, instant messaging and multi-faceted conferencing in its new 2007 Office system products.
Briefs: Motorola opens 17th R&D center in China
Motorola opened its 17th research facility in China in Hangzhou.