ZTE announced that it will increase its investment in the US by additional $30 million. The new cash will be used in the procurement of technology products, working with a number of local partners to tap into technologies in the telecommunications industry.
“ZTE is committed to the US market and we look forward to continuing our investment and leveraging local talent to bring new innovations to consumers,” said Lixin Cheng, CEO of ZTE USA. He went on to add: “We have already established partnerships with major carriers in the US 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.”
The Chinese company currently employs some 300 people across the US, with 80% of them being US citizens.
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do.
In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application.
Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.