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Large Medium SmallZTE Corp, China's second-biggest maker of phone equipment, will more than double its Asia Pacific sales to $4 billion from about $1.8 billion by 2015.
ZTE, based in Shenzhen, expects to also boost its workforce in the region by 30 percent over the next three years, Zheng Bang, ZTE's Asia Pacific president, said in an interview in Singapore in on Tuesday.
"The company will work with operators to achieve this target," Zheng said. "We will also make use of the advantage we have in new technology to boost our sales."
ZTE became the world's fourth-largest mobile-device seller in the fourth quarter, behind Nokia Oyj, Samsung Electronics Co and Apple Inc, according to data compiled by Bloomberg. ZTE's smartphone sales will more than double this year to between 40 million and 50 million units as it gains market share in Europe, North America, Brazil and Japan, Executive Director He Shiyou said earlier.
Agencies - China Daily
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