A Chinese company has emerged as the second biggest supplier of SIM cards for mobile phones in India this year. The government-controlled Eastcompeace Technology is supplying the phone chips to Reliance Communications, Tata Teleservices, Airtel and Vodafone, besides providing SBIBSE 1.01 % with smart cards.
Eastcompeace has implemented high level of security standards to ensure safety of phone and banking data, Daniel Hu, VP of the state-owned Potevio, which owns Eastcompeace, told journalists on Friday. In the area of smart cards, the firm has obtained licences from both Mastercard and Visa, he said.
The company also designed the chip that went into the latest and controversial version of Chinese passport that contains China's map showing India's Arunachal Pradesh and Aksai Chin. But, Hu said his company's chips do not contain the maps, which were put at the government's printing facilities. "Data security is an important concern for our customers. But we cannot access the data while producing the chips as they are encrypted," Kevin Chen, company's deputy GM and in charge for Indian operations, said.
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