Motorola pledges US$90m for research

Motorola pledges US$90m for research

BEIJING: U.S.-based integrated communications provider Motorola
has signed a memorandum of agreement with authorities in China
pledging US$90 million to establish a research facility in
Beijing, state press reported on Monday.

At a signing ceremony over the weekend, Motorola said it has
no plans to alter its investment strategy in China due to the
outbreak of Severe Acute Respiratory Syndrome (SARS), the China
Daily said.

No further details of the deal were provided.

"We are optimistic about China's economy and our commitment to
China has not changed at all," Mike Zafirovski, president and
chief operating officer of Motorola Inc., said in the report.

Motorola also donated $1.4 million worth of communications
equipment to help China combat the spread of SARS. -- AFP