Motorola's Automotive Electronics Facility Starts Production in TEDA

TIANJIN, China, June 24 /Xinhua-PRNewswire/ -- Tianjin Economic-Technological Development Area (TEDA) announced today that phase I of Motorola's automotive electronics facility, a US$60 million project invested by the company in TEDA, has recently commenced production. Sources say that the new facility will mainly manufacture automotive electronic accessories including engine control units, telematics, interior electronics and powertrain products.

The new facility will be one of Motorola's global production bases, and the business strategy of Motorola's automotive electronics business in China is to build a well-established automotive electronics production base here. China, for Motorola's automotive electronics business, is also one of the world's most prospective, strategic markets.

A Brief Introduction to Tianjin Economic-Technological Development Area

Tianjin Economic-Technological Development Area (abbreviated to TEDA, with ''Taida'' as its Chinese transliteration) was established in 1984, upon the approval of the State Council of the People's Republic of China. It was one of the first state-level economic and technological development zones in the country.

Located in the centre of the Circum-Bohai economic circle and in the east of the Eurasia continental bridge, TEDA is a portal to such two metropolises as Beijing and Tianjin and a vital passage to Northeast China. So far over 3,300 overseas-founded companies have settled in TEDA. Among them 93 are founded by 44 corporations of the Fortune Global 500 like Motorola, Samsung, Toyota Motor, etc. In 2000, TEDA was acclaimed by Fortune of U.S. as ''the most admired industrial park of China.'' In 2002, it was elected by the United Nations Industrial Development Organization (UNIDO), along with five other Chinese cities and areas including Shenzhen, Suzhou, Pudong New Area of Shanghai, etc., ''the most dynamic regions of China.''

For more information, please visit: http://www.investteda.org/ .