ZTE pledges to invest $30m into the US market | Mobile Industry | Mobile Entertainment

ZTE pledges to invest $30m into the US market

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Zen Terrelonge


Industry / December 12th 2012 at 1:50PM

Plans to work with local partners on producing innovative telecoms tech.

Chinese handset maker ZTE has announced its commitment to conquering the American device market, promising to invest $30m to ramp up development. It will also create new job opportunities, building on the 300 employees the firm currently has on board, with 80 per cent of those US citizens.

The company announced plans to work with local partners and produce core and innovative tech for the telecoms market, while also teaming with operators to offer more affordable options to customers.

Lixin Cheng, CEO of ZTE USA, said: "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.

"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."

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