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ZTE sources $3B worth of US ICs

Posted: 27 Oct 2010 ?? ?Print Version ?Bookmark and Share

Keywords:telecommunications? chip sales? China-US trade? mobile?

ZTE will purchase semiconductor components from Qualcomm, Texas Instruments, Freescale, Altera and Broadcom over the next three years.

"As a publicly traded and transparent company with more than 18.72 percent equity owned by European and American investors, we believe it is very important for ZTE to cooperate with U.S. partners and continue to increase our investment in the U.S. market," said Ye Weimin, Senior Vice President of ZTE, in a statement.

- Mark LaPedus
EE Times





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