Japanese telecom giant Kokusai Denshin Denwa Co (KDD) will establish a Shanghai subsidiary next month to consult with Japanese firms doing business in China on setting up and maintaining local area networks and intranets, according to a Nihon Keizai Shimbun report. The wholly-owned subsidiary, capitalized at $1 million, will open branch offices in Beijing and […]
Japanese telecom giant Kokusai Denshin Denwa Co (KDD) will establish a Shanghai subsidiary next month to consult with Japanese firms doing business in China on setting up and maintaining local area networks and intranets, according to a Nihon Keizai Shimbun report. The wholly-owned subsidiary, capitalized at $1 million, will open branch offices in Beijing and Guangchow, and will also team up with local firms to solicit business from Chinese companies. It has targeted sales of 200 million yen ($1.7m) in five years.
