ZTE to churn out more 4G devices

A woman stands in front of a ZTE company logo during the company's 15th anniversary celebration in BeijingBy Lee Chyen Yee HONG KONG (Reuters) – China's ZTE Corp, the world's fifth largest smartphone maker, is aggressively moving into the higher end of the market for mobile gadgets with more 4G shipments. The Shenzhen-based company has been trying to move away from selling lower end mobile phones, a strategy that has served it well in boosting its global market share, but at the expense of pressuring margins and profitability. It plans to further raise its global profile by sponsoring a U.S. National Basketball Association (NBA) team later this year, executives said. …

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ZTE to churn out more 4G devices

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