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Thursday, June 26, 2014 2:44:41 PM
2014 32M
2015 60M
2016 100M
I don't have ZTE estimates beyond that.
ZTE's plan was making low cost ~$100 handsets mainly to get into countries like India and increase market share. I can see $.75-$1.25 really cutting into their margin on cheap handsets. Recently, ZTE is wanting to start producing more expensive handsets. Hopefully, ZTE continues increasing their profits, so they can pay what they owe VRNG/Nokia.
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