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Electronics Production | May 26, 2009

ZTE buys $50 million of TriQuint wireless components

The two companies signed a document which states in 2009, ZTE will procure at least $50M in TriQuint CDMA, GSM, and WCDMA ASICs for wireless communications.
The agreement was formalized at the US-China Business Signing Ceremony: Partnering for Sustainable Economic Growth, April 28, 2009, in Chicago, IL. The event, aggregating $5.7 billion dollars of US-China business through 28 contracts, was organized by the China Chamber of Commerce for Import & Export of Machinery and Electronic Products.
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