ZTE Invests RMB 300 mln in Energy Business
National Business Daily, 12/05/07
ZTE (0763.HK; 000063.SZ) has announced it is to form an energy joint venture with three other firms to carry out research, investment, manufacturing and sales in the sector. ZTE will invest RMB 300 mln and take a 23.26% stake in the new company.
Keywords: ZTE 0763.HK 000063.SZ telecom equipment vendor energy R&D strategy telecom wireless