Nortel Networks to strengthen R&D capabilities in China 16-SEP-2003
Plans include US$200 million investment over three years, new Beijing campus
BEIJING ? Nortel Networks plans to invest US$200 million over three years to strengthen its research and development (R&D) capabilities in China.
By the end of 2003, the company expects to double its number of R&D employees in China year-over-year.
Nortel Networks also plans to construct a new, 55,000-square-meter campus in Beijing's Chao Yang District under a memorandum of understanding on cooperation signed with the Beijing City Government. The first phase, which will provide 27,000 square meters, is scheduled for completion by late 2004.
"China is extremely important to Nortel Networks, both as a market and as a source for technology talent," said Frank Dunn, president and chief executive officer, Nortel Networks. "With our ongoing emphasis on R&D in China, we are strengthening our presence here to drive the most advanced customer network transformations on a timely basis. We expect to continue to leverage the technology and innovation we develop in China by deploying it in the global marketplace."
Frank Dunn and Bob Mao show off the design for the new campus planned for Beijing.
"I am personally excited by these initiatives in China," Dunn said. "We have been a strategic ally to our customers in China for more than 30 years, and I look forward to us playing a more significant role as the country advances to the next level of telecom capabilities and services."
Nortel Networks current R&D facilities in Beijing and Guangzhou will continue to play an important role alongside the new campus in developing IP (Internet Protocol)-based voice and multimedia services, third generation (3G) wireless services, next generation networking, and other leading edge technology solutions.
Nortel Networks has more than 30 years of operating experience in China. Nortel Networks contract awards in China span wireless, wireline, optical and enterprise solutions. Its customers include China Telecom, China Unicom, China Netcom, China Railcom, and enterprises in the eGovernment, finance, education and utilities sectors.
About our new investments in China:
Frank Dunn spoke at a press conference in Beijing today that was very well attended. Media outlets represented included Reuters, Dow Jones, South China Morning Post, Bloomberg and the Wall Street Journal. There were also more than 70 Chinese media representatives in attendance.
Q. What is the R&D strategy for the new investment?
Our R&D focus in China is the same as our global strategy, with focus on next-generation networks, 3G wireless and multimedia applications that allow our customers to build revenue-generating networks. One of the reasons for locating this R&D center in China is to ensure we can anticipate and respond even faster to our customers' needs. China is extremely important to Nortel and we will be monitoring the needs and requirements of this market closely in aligning our R& D development here.
Q. How important is China to Nortel Networks?
China is extremely important to Nortel Networks both as a market and as a source for technology talent. As one of the first global telecom companies to enter the China market back in 1972, Nortel Networks has played a leading role in helping China's telecom industry to develop and has been a strategic ally to customers here in China. The announcements on R & D investment, on the plan of building this modern campus are all part of our on-going and long term commitment to the country.
Q. What is the contract signing with Beijing City Government about?
We are very pleased to enter into a co-operative agreement with the Beijing City Government to build the Nortel Networks China campus in the Chao Yang District of Beijing. The first phase of the project, a dedicated 30,000-square-metre campus, is expected to complete by late 2004. It will be the home for all our employees located in Beijing.
Q. How many R&D centers does Nortel Networks have in China? How important are they to Nortel Networks global technology development?
Nortel Networks has two R&D centers currently located in Beijing and Guangzhou in China. To ensure a faster time to market, Nortel is building up the R&D capabilities in China. Taking advantage of the talents available and with training provided by our experienced R&D personnel, Nortel Networks is developing the China R&D capabilities into part of its core global R&D team.
Q. How many R & D personnel do we intend to hire in China?
We expect to double the number of R & D personnel in China by year end compared to January 1, 2003. In addition to focusing on the number of people, we are also focusing on getting them the space so they can concentrate on their work.. That's why we are also announcing the plan to develop a central campus.
Q. Our core R&D center has always been in Ottawa. Does the announcement today reflect a change of direction?
We have a global core R&D team that stretches beyond Ottawa (e.g. Richardson, France, Australia, India). It is true, however, that we have the highest concentration of R & D population in Ottawa and today's announcement will not change that.
Plans include US$200 million investment over three years, new Beijing campus
BEIJING ? Nortel Networks plans to invest US$200 million over three years to strengthen its research and development (R&D) capabilities in China.
By the end of 2003, the company expects to double its number of R&D employees in China year-over-year.
Nortel Networks also plans to construct a new, 55,000-square-meter campus in Beijing's Chao Yang District under a memorandum of understanding on cooperation signed with the Beijing City Government. The first phase, which will provide 27,000 square meters, is scheduled for completion by late 2004.
"China is extremely important to Nortel Networks, both as a market and as a source for technology talent," said Frank Dunn, president and chief executive officer, Nortel Networks. "With our ongoing emphasis on R&D in China, we are strengthening our presence here to drive the most advanced customer network transformations on a timely basis. We expect to continue to leverage the technology and innovation we develop in China by deploying it in the global marketplace."
Frank Dunn and Bob Mao show off the design for the new campus planned for Beijing.
"I am personally excited by these initiatives in China," Dunn said. "We have been a strategic ally to our customers in China for more than 30 years, and I look forward to us playing a more significant role as the country advances to the next level of telecom capabilities and services."
Nortel Networks current R&D facilities in Beijing and Guangzhou will continue to play an important role alongside the new campus in developing IP (Internet Protocol)-based voice and multimedia services, third generation (3G) wireless services, next generation networking, and other leading edge technology solutions.
Nortel Networks has more than 30 years of operating experience in China. Nortel Networks contract awards in China span wireless, wireline, optical and enterprise solutions. Its customers include China Telecom, China Unicom, China Netcom, China Railcom, and enterprises in the eGovernment, finance, education and utilities sectors.
About our new investments in China:
Frank Dunn spoke at a press conference in Beijing today that was very well attended. Media outlets represented included Reuters, Dow Jones, South China Morning Post, Bloomberg and the Wall Street Journal. There were also more than 70 Chinese media representatives in attendance.
Q. What is the R&D strategy for the new investment?
Our R&D focus in China is the same as our global strategy, with focus on next-generation networks, 3G wireless and multimedia applications that allow our customers to build revenue-generating networks. One of the reasons for locating this R&D center in China is to ensure we can anticipate and respond even faster to our customers' needs. China is extremely important to Nortel and we will be monitoring the needs and requirements of this market closely in aligning our R& D development here.
Q. How important is China to Nortel Networks?
China is extremely important to Nortel Networks both as a market and as a source for technology talent. As one of the first global telecom companies to enter the China market back in 1972, Nortel Networks has played a leading role in helping China's telecom industry to develop and has been a strategic ally to customers here in China. The announcements on R & D investment, on the plan of building this modern campus are all part of our on-going and long term commitment to the country.
Q. What is the contract signing with Beijing City Government about?
We are very pleased to enter into a co-operative agreement with the Beijing City Government to build the Nortel Networks China campus in the Chao Yang District of Beijing. The first phase of the project, a dedicated 30,000-square-metre campus, is expected to complete by late 2004. It will be the home for all our employees located in Beijing.
Q. How many R&D centers does Nortel Networks have in China? How important are they to Nortel Networks global technology development?
Nortel Networks has two R&D centers currently located in Beijing and Guangzhou in China. To ensure a faster time to market, Nortel is building up the R&D capabilities in China. Taking advantage of the talents available and with training provided by our experienced R&D personnel, Nortel Networks is developing the China R&D capabilities into part of its core global R&D team.
Q. How many R & D personnel do we intend to hire in China?
We expect to double the number of R & D personnel in China by year end compared to January 1, 2003. In addition to focusing on the number of people, we are also focusing on getting them the space so they can concentrate on their work.. That's why we are also announcing the plan to develop a central campus.
Q. Our core R&D center has always been in Ottawa. Does the announcement today reflect a change of direction?
We have a global core R&D team that stretches beyond Ottawa (e.g. Richardson, France, Australia, India). It is true, however, that we have the highest concentration of R & D population in Ottawa and today's announcement will not change that.
