A senior VP at ZTE reportedly ran off in February, after his possible accomplice at China Unicom was removed from power and put under criminal investigation.
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The company strongly denies the allegation, but if it is found to be true, it could cause an upheaval in the world of telecom equipment
With the Chinese players serious about invading the Indian smartphone turf and local companies like Micromax well entrenched, the country is going to see an all-out contest for the consumer.
Having deployed Aircel's 2G and 3G networks, ZTE will now design, supply, and deploy the Indian operator's LTE network in eight telecom circles across the country.
Apple leapfrogs Xiaomi and ZTE on the back of new iPhones sales for the third quarter, while major rival Samsung extends its lead in China.
Despite widespread security worries, the Chinese firm is pushing ahead with plans to tap into cloud computing markets based in Europe.
Shipments of China-branded smartphones Huawei, ZTE, Lenovo and Coolpad, increased 44 percent compared to last year, with most sales coming from emerging markets.
Chinese official says China will take "firm measures" to protect its interest should European Union trade chief Karel De Gucht insist on investigating alleged unfair trade practices by the Chinese companies.
A company spokesperson said that ZTE has formed an "expert group" to seek profitability, after it warned of registering net losses of up to US$467 million in 2012.
The European Union is considering whether to start an official investigation into ZTE and Huawei over trade practices.
World's fifth-largest telecom equipment maker says it has signed a deal to loan US$20 billion from government-backed China Development Bank to finance its overseas expansion.
While Chinese IT vendors such as Huawei and ZTE face barrriers expanding their presence in the U.S., vendors from the world's largest economy such as Cisco Systems have succeeded in establishing theirs across China.
Local media in China liken the report from the U.S. House of Representatives, urging a ban on products from Huawei and ZTE, as "paranoid thinking of the Cold War".
The commerce ministry says the U.S. report is based on "subjective guesswork" and "untrue evidence" that promotes protectionism and goes against the country's long-held free market principle.
A U.S. congressional report which urged American firms to cut ties with Huawei and ZTE has triggered a wave of complaints against the firms.
Huawei and ZTE could face having to pay extra to import their products into the European Union, after regulators said they had gathered solid evidence that China had been subsidising them.Representatives from the EU's 27 member states were told by officials on Thursday in a closed-door meeting that the European Commission had amassed "very solid evidence" of illegal state subsidies of the companies, the The Financial Times reported on Friday.
Security researchers have reported a hidden backdoor in the ZTE Score M and Skate Android phones, which could give a hacker root access
The Chinese handset maker sees revenue jump but profit growth fall as it shifts its focus from feature phones to own-brand smartphones and continues a push to expand sales in Europe
The Chinese company is hoping a strong boost from handset sales and data services will help it catch up with its rival Huawei
Founded in 1985 with ties to the People's Liberation Army, ZTE is based in Shenzhen, China, and has about 50,000 employees, of whom 8,000 are located in some 100 representative offices around the world.