News

7 May 2009

 

TriQuint signs $50m supply deal with China’s ZTE

RF product maker and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA says that it has signed a framework agreement with Chinese wireless communication system equipment maker ZTE Corp. Under the deal, ZTE will procure TriQuint components - including but not limited to CDMA, GSM, and WCDMA ASICs - to the value of no less than $50m in 2009.

The agreement was formalized on 28 April at the US-China Business Signing Ceremony: ‘Partnering for Sustainable Economic Growth’ in Chicago, IL, witnessed by vice minister Ma Xiuhong and consul general Huang Ping. The event, aggregating $5.7bn of US-China business through 28 contracts, was organized by the China Chamber of Commerce for Import & Export of Machinery and Electronic Products.

“Not only does this agreement strengthen the relationship of the two companies, but our innovations will bring high-quality voice, data, and video communications to people everywhere,” stated TriQuint president & CEO Ralph Quinsey.

See related item:

TriQuint receives ZTE’s Supplier of the Year Award

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