At PT/Expo COMM China 2013, executive director and executive vice president of ZTE Corporation (SEHK: 0763 and SZSE: 000063) told reporters that cooperation will be formed with NBA to become one of the major partners of the latter.
Meanwhile, the top telecom equipment supplier will also form cooperation with Houston Rockets to widen brand influence. The specific details for their cooperation have not been revealed.
ZTE recorded an 85.7% growth for sales value in US in the first quarter. Currently, the company snatched 17% of the prepaid mobile phone market locally, becoming the third biggest smart phone maker in the nation, only next to Samsung Electronics and Apple.
Source:
http://www.sinocast.com/readbeatarticle.do?id=99795
