The Viodi View
For several years now, China’s Huawei and ZTE had very strong growth rates and became major players in the telecom equipment market. Both companies also make low cost mobile phones that are popular all over the world (yes, they are sold in the U.S.). But their growth seems to be slowing and ZTE actually had […]
Sluggish telecom operator infrastructure spending, mobile device price wars and roadblocks in several western markets have all combined to cause China’s ZTE to report an 85% drop in profits (year over year) in the latest quarter that ended in June. Net earnings for the first half dropped 68 per cent to Rmb245m, in line with a warning issued last […]
Trade Secret Dispute Settled Clears Sale of Motorola Networks to NSN: The settlement of the legal dispute between Motorola and Huawei paves the way for Motorola to complete the sale of its network equipment business to Nokia Siemens Networks (NSN). The acquisition, which had originally been expected to be completed late last year, was delayed […]