ZTE goes west with new factory
ZTE Corp, China’s leading telecom equipment producer, opened a new factory in west China yesterday to help it meet ambitious production targets for smart devices including mobile phones and tablet computers.
The Xi’an factory will become the largest manufacturing base for such devices in the country’s west, and is expected to make 15 million handsets a year, with potential to triple the capacity in five years, ZTE said.
It is hoping the base can generate added value in related industries worth 30 billion yuan (US$4.8 billion) and bring about 3,000 jobs in the region.
ZTE Executive Vice President Zeng Xuezhong said it will be significant in expanding capacity and improving quality, as well as propping up regional economic growth.
Regional authorities are hoping the move will help Xi’an develop a complete industrial chain for smartphones.
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