Native name 大唐电信科技产业集团 Headquarters Beijing, China Subsidiaries Leadcore Technology | Area served Worldwide Founded 1998, Beijing, China Type State-owned enterprise | |
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Traded as Datang Telecom Technology Co., Ltd. (SSE: 600198) Industry Telecommunications equipment Founder China Academy of Telecommunication Technology Key people Mr. Zhen Caiji (Chairman) Stock price 600198 (SHA) CN¥ 16.95 +0.64 (+3.92%)3 Mar, 3:00 PM GMT+8 - Disclaimer | ||
Datang Telecom (officially Datang Telecom Technology & Industry Group) is a Chinese multinational telecommunications equipment company headquartered in Beijing, China. It was founded in September 1998 by the China Academy of Telecommunication Technology. It is best known for its leading role in developing the Chinese TD-SCDMA 3G mobile telecommunications standard through subsidiary Datang Mobile.
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Datang Telecom Technology Co., Ltd., a Datang Telecom subsidiary, is listed on the Shanghai Stock Exchange.
History
Datang was founded in September 1998 by the China Academy of Telecommunication Technology.
In April 2007, Datang secured a 36.6% share of China Mobile's first large-scale TD-SCDMA network construction contracts.
In March 2012, Datang Telecom agreed to acquire three companies: TD-SCDMA chip maker Leadcore Technology, handset design and manufacturing company Shanghai Uniscope Technologies, and its subsidiary Qidong Uniscope Electronics; Datang already held a 51 percent stake in Shanghai Uniscope.
Operations
Datang's areas of business include high-capacity digital switching, optical networking, data communication and digital microwave communication equipment and software and system integration services. However, revenue from these sectors is far outweighed by the company's spending on TD-SCDMA research and product development, and in recent years the company has taken out a series of heavy loans from state-owned Chinese banks to fund this development.