Nokia ( NOK) received a licence to manufacture and sell mobile products using the CDMA technology in China. BNMT, Nokia's manufacturing joint venture in China, received a license from the Chinese government, and it plans to begin deliveries of the first CDMA terminals to the Chinese market in the second half of 2003. "The manufacturing license is not only a statutory requirement for manufacturing and selling CDMA based products in China," Nokia said in a press release. "It also demonstrates that Nokia's CDMA technology meets the high level of expectations and contains the advanced features required by the Chinese consumers." While the global system for mobile communications (GSM) remains the largest standard for mobile telecommunications in China, CDMA, which stands for code division multiple access, is the nation's second-largest standard. Shares of Nokia were down 16 cents to $17.91 in recent New York Stock Exchange trading.