ZTE said the intention to acquire assets of Nortel

According to foreign media reports, ZTE Corporation Western business executives Lin Cheng (Lin Cheng, transliteration) on Wednesday at a news conference in London, said the acquisition of Nortel, ZTE has no intention of assets, although the acquisition of the assets of Nortel inexpensive, but ZTEs no reason to buy.

Lin Cheng, ZTE asked whether they intend to buy has filed for bankruptcy protection in the Canadian telecommunications equipment maker Nortels assets, said he had agreed with the CEO, ZTE, Nortel saw no reason to buy assets.

Lin Cheng said: "Although the acquisition of the assets of Nortel inexpensive, but if you can not improve our efficiency, why should we buy?"

ZTE said last week that China Development Bank has been awarded a five-year amount of $ 15,000,000,000 cooperation, including ZTEs overseas project financing line of credit amount and ADSP-2185KST-133 datasheet and ZTE, which helps to strengthen the companys international status. The companys customers in Europe and ADSP-2185KST-133 price and other regions to discuss matters relating to sellers credit transactions. Sellers credit is the seller to the buyer to provide credit to the buyer to the seller to purchase products.

Drive by Huawei and ADSP-2185KST-133 suppliers and ZTE, the global telecommunications market to new customers in recent years, the competition becomes more intense. ZTE, a global communications equipment in 2008 almost doubled its market share, reaching 5%.

Last year, ZTE 61% of its revenue from overseas markets. ZTE said the companys three major telecom operators in Chinas 3G hardware recently issued a tender won by about 30% of the contract.

ZTE expects the company will occur this year, healthy growth in mobile phone business. The company is currently the worlds sixth-largest mobile phone maker, goal is to advance the next 3 to 5 years the first three. ZTE has a very strong low-cost mobile phones advantages and has entered the smart phone market. The company has launched the open source-based Linux and Microsoft Windows Mobile smart phones.

Said Lin Cheng, ZTE is negotiating with Google, ready to launch Google Android-based smartphone operating system, but so far the two sides do not reach an agreement. He also said the companys Mobile World Congress last month to publish the solar cell phone plan launched in rural Africa, the price is 40 to 50 dollars.

ZTE Wednesday and Deutsche Telekoms T-Mobile UK first joint launch of a new mobile phone, touch screen mobile phone which will cost ￡ 59.99.