Monday, April 26, 2004

CHINA AND KOREA'S TECH PARTNERSHIP CONTINUES

Another joint venture between a Chinese and a Korean company. Chinese companies are hungry for technology, knowledge, and management skills, and many of the sources are from Korea. I believe some of it stems from a historical bond and a common bitterness by some against the Japanese. From FierceWireless:

SK Telecom, China Unicom launch mobile Internet portal

SK Telecom and China Unicom today officially launched a new mobile Internet portal joint venture called UNISK. UNISK offers 2,700 different types of mobile content in five categories for the Chinese wireless market including graphics, games, and mobile chat. UNISK has marketing partnerships with China's three leading wired Internet portals, SINA, SOHU, and Netease. The company plans to launch 10,000 titles by the end of this year. UNISK provides content from South Korean content providers including Neomtel, Danal, Mobile-on, Cynet, Mdata, Widerthan.Com, and U-angel. SK Telecom and China Unicom founded the company earlier this year. SK Telecom owns 49 percent of the joint venture while China Unicom owns 51 percent.

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