ZTE announced deals with Qualcomm and Broadcom to source application-specific integrated circuits (ASICs) for use in its networking gear. Financial terms were not disclosed.
ZTE plans to maintain its relationship with Qualcomm, a supplier of more than ten years, to provide device processor components as ZTE drives LTE adoption in 2012 and beyond. Qualcomm will continue to provide chipset solutions for ZTE wireless devices available in markets around the world.
Additionally, Broadcom and ZTE are engaged through 2012. Broadcom will provide networking processor solutions for ZTE Bearer network, Ethernet and XDSL products, which will be used as ZTE expands its infrastructure presence worldwide. http://www.zte.com.cn
