China’s ZTE to Invest $30 Million More in the USA Market
ZTE increasing its investment in the USA by a further US$30 million.
Differing from past investment in the procurement of technology products, ZTE will use this $30 million to work with a number of local partners to tap into technologies in the telecommunications industry.
Lixin Cheng, CEO of ZTE USA said:
we established partnership with major carriers in the US marke and believe that these cross-border relationships will ignite the development of new communication technologies and enlarge the application scale of our joint innovations, thus helping us continue to provide affordable, environmentally friendly products that enable consumers around the world to connect in meaningful ways.”