ZTE To Set Up JV With Sitronics

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ZTE To Set Up JV With Sitronics

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13-04-2008, 09:41 PM

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ZTE To Set Up JV With Sitronics

Sergei Aslanyan, president of Sitronics, disclosed that Sitronics will sign a formal agreement with China's ZTE in late May for a joint venture between the two.
Aslanyan said at a press conference that headway had been made on their negotiation with ZTE, and Sitronics would own the controlling rights of the JV, while ZTE would take [...]

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