Word: huawei
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...year from 1980 to 2004, according to Hong Kong-based consulting firm Enright, Scott & Associates. Exports from Shenzhen reached $101.5 billion in 2005?13% of China's total. Today the city is home to some of China's most important electronics manufacturers, such as telecom-equipment firm Huawei Technologies and mobile-phone maker ZTE. (Electronics products make up about 60% of Shenzhen's industrial output, according to Enright, Scott & Associates...
...swelling national reserves, easing pressure on the renminbi to appreciate. China has given 22 of its cities and provinces the right to approve overseas investments of up to $200 million without consulting Beijing. Last month, the China Development Bank even issued a $10 billion loan to telecom-equipment maker Huawei to promote its international operations?a line of credit more than five times greater than the overseas investments of all Chinese companies last year...
...single biggest enhancements to the technology," says Guido Garrone, chief technology officer of Milan-based Internet company FastWeb, which offers VOD to its subscribers. Who gets credit? Paris-based Alcatel dominates the global $3.3 billion DSLAM market with a 38.1% share, according to Gartner Inc. (China's Huawei is second with 9.9%). Alcatel not only revved up the DSLAM but made it cheaper by deploying a technology called Ethernet that's been around for nearly 30 years in the short-haul business of local area networking. Ethernet allows telecoms to use Internet equipment like routers to direct traffic around...
...crowded market. There are 37 foreign and domestic manufacturers, which together can produce twice the number of phones currently sold in China annually. As inventories quadrupled in the first half of 2003, prices fell 20%, according to research firm IDC. Yet more companies are crowding in. Huawei Technologies, China's largest telecom-equipment maker, announced late last year that it is launching its own cell phones on the mainland...