Satellite alliance to aid quest for market share
By Zhao Lei | China Daily | Updated: 2014-06-03 07:18
Chinese satellite service companies are planning to form an alliance to expand their share of an increasingly competitive global market, industry insiders said.
"We must combine our capacity through an alliance, which will enable us to share information and channels and complement each other," said Yin Liming, president of China Great Wall Industry Corp, the country's sole provider of commercial satellite launch services.
"An alliance will also allow us to stand together to deal with obstacles in (foreign government) policies, legal affairs, financing as well as intellectual property rights when we expand in the global market."
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