ZTE Wins 80% of China Telecom Smartphone Order
Sina Tech, 9/20/10
Chinese telecom equipment maker ZTE (0763.HK; 000063.SZ) released its first RMB 1,000 3G smartphone yesterday: the ZTE N600. Li Xuzhao, ZTE's GM for CDMA mobile phones, said that 80% of the company's development efforts for mobile phones will be shifted to smartphone development. China Telecom (NYSE: CHA; 0728.HK) has ordered 300,000 Android-based RMB 1,000 3G smartphones, of which the N600 accounts for 80%, or 240,000 units.
Keywords: Li Xuzhao ZTE N600 pricing sales volume China Telecom smartphone wireless Android 000063.SZ 0763.HK ZTE 3G 0728.HK CHA operator-customized handset low cost phone
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