China awarded truly huge contracts for expandind it wireless GSM service. Ericsson (ERIC) was awarded $1 billion contract for infrastructure equipment, and Sony-Ericsson the $600 million deal for handsets.

Since Motorola (MOT) makes both infrastructure and handset equipment, the announcement would seem to be rough news for the already embattled company.

Maybe the Chinese just did not want a bunch of old RAZRs.

Douglas A. McIntyre