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.
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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.
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.
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.
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.
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