ZTE wants to transform itself to win the China smartphone market.
In part two of our 2016 Predictions Series AllChinaTech introduces further insight into the Chinese mobile payments sector.
Following Apple and Samsung’s collaboration with UnionPay, ZTE is eager to join the already crowded mobile payments market of China with its product ZTE Pay.
China will bring to market 4.5G devices as early as next year in the lead-up to the rollout of 5G, with the government eager to establish China-friendly international standards.
Hong Kong company Rex Global Entertainment has purchased 64.9% of Russian smartphone company Yota Devices becoming the controlling shareholder of the company.