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Motorola to sell US$1.6 bln in cell phones to Chinese company
2006-11-13 02:29:28 THE ASSOCIATED PRESS

BEIJING, Nov. 13 (AP) -- Motorola Inc. will supply US$1.6 billion (€1.24 billion) worth of mobile phones to a Chinese distributor, executives from the companies said Monday.

Shenzhen Telling Telecom Development Co., a unit of Shenzhen-listed Jiangxi Gannan Fruit Co., will buy 12 million mobile phones from the U.S. giant next year, said Yan Siqing, Shenzhen Telling's chief of operations.

Motorola Vice President Michael Tatelman confirmed that the deal will be signed later Monday. No further details were given.

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