ZTE’s unit to focus on China
ZTE Corp will set up an independent subsidiary for mobile business as its focus returns to China as the world's biggest smartphone market, the Shenzhen-listed firm said yesterday in Shanghai.
The world’s No. 8 smartphone vendor will develop the potential of the Chinese market, which now only accounts for 10 percent of its global smartphone sales.
Comparatively, ZTE is among the top 5 in major overseas markets including the United States, Canada, Mexico, Australia and Spain, said Cheng Lixin, CEO of ZTE Mobile Devices and chairman of the unnamed mobile business subsidiary.
The subsidiary’s business will cover devices with cloud and connection technologies and industrial-use phones with special security features, according to ZTE.
The company added that research, manufacturing and sales in the domestic market will also be part of the subsidiary’s purview.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.