Great Wall Technology to seek partner in Taiwan

Great Wall Technology (0074) subsidiary Great Wall Broadband Network manager Yang Yuhang said in an interview from Taiwan media that the company was seeking a proper strategic partner in Taiwan for a HK$230 mln investment.

Yang Yuhang said that Taiwan had abundant experience in the network technology and content and hoped to team up with Taiwan partners to make mutual benefit.

Established in April last year, the company claimed 15 mln clients in the 27-mln-client domestic network market. Yang pointed out that the company planned to invest HK$4.6 bln on infrastructure in the coming three years and would reap HK$369 mln income this year and break even within two years.

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