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In 2005, China's electronic information sector made up 16.6% of the country's economic growth and its added-value output formed 7% of the GDP. Manufacturing was the sector that grew the fastest. [3] As of 2011, China is the world's largest market for personal computers. [4]
The world's biggest network gear vendors - No.1-ranked Huawei, Ericsson and third ranked Nokia - all increased their market share quarter on quarter, partly because ZTE's sales plummeted from ...
China's mobile phone industry or cell phone industry has high growth rate, raising its share on the global mobile phone market. During 2007, 600 million mobile phones were made in China which accounted for over 25 percent of the global production. [citation needed] China is the largest market in terms of mobile phone subscribers.
WASHINGTON (Reuters) -The U.S. House of Representatives is set to vote next week on an annual defense bill that includes just over $3 billion for U.S. telecom companies to remove equipment made by ...
Among ZTE's clients from the first world included Britain's Vodafone, Canada's Telus and Fido, Australia's Telstra, as well as France Telecom have all purchased equipment from ZTE. [95] Many Chinese telecommunications operators are also clients of ZTE, including China Netcom, [96] China Mobile, [97] China Satcom, [98] China Telecom, [99] and ...
HONG KONG/SHENZHEN, China (Reuters) - The chairman of ZTE Corp <000063.SZ> <0763.HK> apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine ...
The telecommunications industry in China [note 1] is dominated by three state-run businesses: China Telecom, China Unicom and China Mobile. The three companies were formed by restructuring launched in May 2008, directed by the Ministry of Information Industry (MII), National Development and Reform Commission (NDRC) and the Minister of Finance .
ZTE, which makes smart phones and networking gear, agreed to pay a $1 billion penalty and put $400 million in escrow as part of a settlement it reached on June 7 with the Commerce Department to ...