Marbridge Daily

<- April 14, 2011 ->

ZTE to Build Industrial Park in Brazil

ZTE, 4/13/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) has announced plans to build a new industrial park in the Brazilian city of Hortolandia.

The president of ZTE Brazil, Lie Yuan, said that the new industrial park, which includes a research and development center, production plant, training center and logistics center, would be ZTE's first R&D center in Latin America. He added that it would serve the whole of South America and consolidate Brazil's position as the operational center of the region.

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