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 | Thursday, April 20, 2000, updated at 14:12(GMT+8) | ||||||||||||
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Sci-Edu | ||||||||||||
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China Exports 1st Batch of IC Phonecard Chips to EuropeA Chinese telecom company has exported three million newly-developed (IC) telephone card chips to the European market.This is China's first batch of IC phonecard chip with intellectual property rights exported to Europe, the Science and Technology Daily reported on Wednesday. The report said Datang and a French company will jointly export another 25 million chips to the European market. The chips are developed by a micro-electronics company, a subsidiary of Datang made up of 13 merged telecom research institutes and high-tech ventures. China's domestic market needs over 100 million phonecard chips annually to meet market demand; in the past the country depended entirely on imported chips. The phonecard chips made by Datang occupy about 50 percent of the domestic market. So far Datang has an annual phone card chip production capacity of 110 million. The central government has taken steps to encourage scientific research institutions to become more market-oriented and to push industrialization of high-tech discoveries.
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