In a way, Huawei is a role model for Chinese companies. Having rocketed into the top ranks of the global telecommunications equipment industry from nowhere in just 20 years, the Shenzhen-based group is on its way to become one of China’s few truly global companies.
But ZTE, Huawei’s cross-town rival that has been following in its footsteps by growing just as rapidly in mostly the same markets with a similar strategy, resents nothing as much as being viewed as a second Huawei.
“We are quite different from other Chinese vendors,” says Shi Lirong, ZTE chief executive. “We are more transparent and less aggressive.”
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