ZTE Overtakes LG As Top Indian CDMA Supplier
China's ZTE is reported to have overtaken Korea's LG Electronics to become the largest supplier of CDMA handsets to the Indian mobile phone market. The handset manufacturer now has a 26% market share according to market sources cited by the DigiTimes news publication.
ZTE originally entered the Indian market through an agreement with Tata Telecom in 2005 and now includes BSNL and the dominant CDMA operator, Reliance Communications as its customers.
ZTE is reported to have shipped some 15 million handsets in 2006, but had already passed that landmark by the beginning of June this year. The company is expected to ship something like 40 million handsets in total this year."
Posted to the site on 10th July 2007
