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<p>China TechFaith Wireless Communication Technology Ltd, one of the largest handset application software designers in the world, will set up Techfaith Science and technology industrial park in Shenbei New Area in the northern part of Shenyang, The industrial park will become Techfairth's R&D center and mobile phone production base.</p><p>Covering a space of 600 mu and a total investment of RMB 170million Yuan, the first phase of Techfaith Science and technology industrial park will have five production lines. With continuous investment, the annual output of the industrial park is expected to reach RMB 10billion Yuan by 2008.</p> |
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