Monday, May 09, 2005

Chinese push in telecoms

From Astralian IT: Chinese push in telecoms

"Chinese telecommunications equipment manufacturer ZTE has pushed into the Australian market, vowing to take on the likes of Cisco, Nortel and Lucent in courting major carriers for network build-outs. Mirroring the strategy of fellow Chinese vendor and rival Huawei Telecommunications, ZTE opened an office in Melbourne in January, and is targeting local business."

"ZTE, the largest listed telecommunications equipment vendor in China, sold $US4.1 billion ($5.3 billion) worth of product last year, and has offices around the world. (...) ZTE has 21,000 staff worldwide, and 11 research and development centres."

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