Creating products for the mainland's high-speed multi-media communications market is the objective of i3G Technologies' anticipated joint venture with a Silicon Valley company in two months. The company develops wireless communications equipment such as modems and semiconductors for third-generation mobile-telephone handsets and base stations. Chief executive Henry Chien said it had a technology research centre in Shenzhen and mainland government backing in its product-development efforts. The Shenzhen centre and China 3G Mobile Communication - a Ministry of Information Industry unit - developed the mainland's prototype third-generation mobile communications system based on wide-band code division multiple access technologies. Mr Chien said chief technology officer Thomas Dong's background in military technology development and the support of the 10 engineering professors who sit on its advisory board were the backbone of the company's research effort. 'The military is where many mobile communications were first developed and deployed.' Other advisers are also key members of the Ministry of Information Industry's third-generation mobile technology development committee as the company benefits under the mainland government's policy to develop a domestic mobile-phone handset industry. The Ministry of Information has set aside 1.4 billion yuan (about HK$1.3 billion) to subsidise domestic manufacture of mobile-phone handsets. The subsidies are expected to help producers to wrest market share currently claimed by foreign brands - in January estimated to have about 95 per cent of the market. The company is considering a listing on either the Growth Enterprise Market or the Nasdaq.