Research In Motion Helped by Digital China (NASDAQ:RIMM)

Research In Motion Limited (USA) (NASDAQ:RIMM) shares are moving higher (+3.0%) after announcing a deal to distribute the Blackberry in China through Hong Kong-listed IT company Digital China. China Mobile (CHL) has offered the handsets in China since 2006, but hasn't promoted them strongly.

Digital China Holdings Limited and Research In Motion Limited (USA) (NASDAQ:RIMM) today announced a distribution agreement for BlackBerry® smartphones in China. This strategic business initiative will help Research In Motion further expand its business in China by leveraging Digital China’s local expertise and nationwide distribution network.

The BlackBerry solution is a world-class mobile communications platform that incorporates innovative and industry leading smartphones, software and services to keep mobile professionals and consumers connected with powerful email, messaging, phone, organizer, Internet  and multimedia applications, as well as access to a wide range of other mobile business and consumer applications.

Commenting on the partnership, Guo Wei, Chairman and CEO, Digital China, said, “As the leading IT service provider and distributor in China, Digital China has always believed in advanced and cutting-edge products that deliver value to Chinese customers. Through this collaboration, Research In Motion will leverage Digital China’s proven professional services and nationwide coverage to reach more customers and to increase the visibility of the BlackBerry solution across the country.”

Jim Balsillie, Co-CEO, Research In Motion, said, “We are delighted to reach a distribution agreement with Digital China. Business partnerships are an important aspect of Research In Motion’s strategy and Digital China’s extensive knowledge and market presence will further expand the opportunity for RIM in China.”

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