Marconi to reveal strategic tie-up with Huawei in China
From the Times Online: Marconi to reveal tie-up with Huawei in China
"Marconi is set to announce a strategic tie-up with Huawei, China’s biggest telecoms-equipment company. The deal, which is likely to be unveiled tomorrow, will enable the British group to sell its products in China and the rest of Asia, and will accelerate Huawei’s aggressive international expansion."
"The relationship with Huawei will enable Parton to sell Marconi’s products to Huawei’s customers in Asia, and broaden the range of products it is able to offer its own customers in Europe. Over time, the two firms may also share research and development costs. "
"Huawei can provide access to a strong suite of data-networking products, such as routers and switches, through its joint venture with 3Com. It is hoped this will help Marconi to compete more effectively with Cisco."Read more