ZTE Looking For Indian Mate For R&D
Shenzhen (China): ZTE is making exploratory survey for Indian partners in order to start research and development in broadband and internet protocol TV (IPTV) products.
The communications equipment provider has already entered in an advanced stage of discussion with a private Indian telecom equipment manufacturer.
During a discussion on the company’s plan for broadband products, Xu Ming, ZTE President (Broadband Products) said, “We are in discussion with an Indian company (telecom equipment manufacturer) to develop ADSL products and undertake R&D.”
Mr. Ming, however, declined to reveal the name of the Indian company citing the privacy clause the negotiating companies have signed early this year.