TriQuint catches the trade of 50 million dollars and Chinese ZTE
TriQuint semiconductor has already signed a frame agreement with China wireless communication system equipment manufacturer ZTE Company
ZTE will make great efforts to obtain TriQuint component, including but not to CDMA, GSM and W-CDMA ASICs, limit over the years on the 2009th in value of at least 50 million dollars.
The agreement is melted in the American Chinese commercial signing ceremony formally: For steady economic development and cooperating, on April 28, in Chicago. The incident, the total U.S. dollar of 5,700 million dollars American Chinese commerce until 28 contracts, used in import of machine and export to and electronic product organize Chinese association of dealers.
The People’s Republic of China old to wear bright minister of commerce in to speak that when being sure historic significance of having, it is more important than before to accelerate trade and investment activity, in order to improve our already fruitful cooperation and improve the economic prosperity.
” We are very glad to be invited this incident of supporting the international relations by ZTE, and expect to cooperate with ZTE to further wireless communication, ” The president and CEO of TriQuint, Ralph Quinsey says. ” Not merely this agreement strengthens the relation between two companies, but our innovation will bring the high-quality sound everywhere, data and video communication of people. “
