HUIZHOU, CHINA: NIVS IntelliMedia Technology Group Inc., a consumer electronics company that designs, manufactures and sells intelligent audio and visual products, has executed a strategic partnership agreement with China Potevio on December 30, 2009.
NIVS will collaborate with Potevio for the development of a 3G mobile phone, as well as the application of China Potevio's TD-SCDMA wireless products & solutions. NIVS will also work with Potevio's research team to develop and apply the new technologies to the NIVS branded mobile phone, distributed in the mainland Chinese domestic market.
Tianfu Li, Chairman and CEO of NIVS, commented: "We are excited at the opportunity to work with China Potevio on the development of our own branded 3G mobile phone for introduction to the Chinese consumer. The quality and excellence of the China Potevio product development team is well regarded within the Chinese IT community."