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Thursday, January 27, 2005

China coming to Malaysia

Nope, I tricked you - the truth is that "China’s biggest listed telecommunications equipment maker ZTE Corporation is starting an operation in Malaysia by setting up ZTE (Malaysia) Corporation Sdn Bhd."

ZTE Malaysia was set up in collaboration with Pernec Corporation Bhd as a first step in its plan to work with all local telecommunications companies in future.

ZTE is a publicly listed Chinese telecom manufacturer with market capital over US$2 billion. ZTE has five product lines: hand-line switch, access network, GSM, CDMA and optical transmission.

The company also works with Portugal Telecom after signing an MOU in January this year to to identify and bring to market a range of new products and services.

An interesting market player, and apparently expanding rapidly - just like many other Chinese companies currently.

(By Asia Business Consulting)