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ZTE sets up industry base in Tianjin, China

Posted: 12 Nov 2007 ?? ?Print Version ?Bookmark and Share

Keywords:industry base? China facility? R&D center?

ZTE Corp. has begun construction on its 550,000m? industry base in Tianjin's Binhai New Area, which is scheduled to be completed in 2011 and with an expected annual output value of more than $1.34 billion, according to a ChinaTechNewsreport.

The report cited the Xinhua News Agency as saying that the facility will focus on the development of WiMAX, RFID, laser TV and laser display technology, and it will consist of office, R&D center, production logistics and sales and training.

ZTE president Hou Weigui said that upon the completion of the project and its operation, the company will introduce advanced and cutting-edge technology to form a high-end assembly with other enterprises moving into Binhai New Area and drive the development of the industry.

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