ZTE to continue investment in US market

Telecom Lead America: ZTE has said that it will
sustain its investment in the U.S telecommunication market with 10 percent
annual growth.

 

The company will be investing in the U.S. market by
leveraging a combination of American innovation and Chinese manufacturing.

 

The company’s president for North America region said
that ZTE supply chain partnership has totaled more than $13.7 billion in a
number of leading technology corporations.

 

Lixin Cheng also predicts that the smartphone made by ZTE
will see rapid uptake, due to increased adoption by growing segments of the
U.S. population.

 

From opening research and development centers to working
with a wide range of wireless companies to develop new products, ZTE is
committed to expanding the U.S. market through continuous investments. Put
simply, we believe Chinese investment in the U.S. is beneficial for businesses
in both countries,” said Lixin Cheng, President of North America Region of
ZTE Corporation and CEO of ZTE.

 

ZTE extends partnership with Qualcomm and Broadcom

 

This year, ZTE has partnered with Qualcomm and Broadcomm
to source application-specific integrated circuits (ASICs).

 

Earlier, ZTE agreed to buy at least $5 billion worth of
chipsets from U.S.-based Qualcomm and Broadcom over the next few years

 

 editor@telecomlead.com

 

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