Chinese Telecom Equipment Maker to "step up R&D" in India

Excerpted from: The Economic Times, Mumbai, 10.04.2010

ZTE to step up R&D in India
10 Apr 2010, 0025 hrs IST, Kalyan Parbat, ET Bureau

KOLKATA: China’s near $9-billion telecom equipment maker, ZTE, one of the biggest players in the global 3G space, is poised to shore up its R&D budget in its Indian subsidiary, ZTE India.

The company is expected to set aside more than a billion dollars for global R&D in calendar 2010, of which at least 10% (read: $100 million) is likely to flow into India.

Bulk of the funds are expected to come to ZTE India’s engineering centre in Bangalore. “A significant slice of ZTE’s global R&D budget, at least 10%, is likely to come to India. The funds are expected to come to ZTE’s Value Added Services (VAS) Software Development Centre in Bangalore, which is integrated with ZTE’s global R&D network,” said a senior executive with direct knowledge of the matter.

[...]

Worldwide, 33.5% of ZTE’s 70,000-strong global workforce is involved in telecom R&D. Of this, some 140-odd techies work at the company’s Bangalore R&D centre. [...] Currently, ZTE has a 3,500-strong employee pool in India, distributed across the Gurgaon, Mumbai, Bangalore and Kolkata centres.

Excerpted from: http://economictimes.indiatimes.com/news/news-by-industry/telecom/ZTE-to-step-up-RD-in-India/articleshow/5779767.cms