Summary | Nubia, the upmarket brand of ZTE Corp, was launched
three years ago in overseas markets.Following the deal, ZTE
holds just 60 percent stake in Nubia.Suning holds 33.33 percent
and Yingcai Investment the balance 6.67 percent.Nubia was
expected to sell 10 million phones and achieve a revenue of 6
billion yuan for 2015.Nubia is also reported banking on the ...
three years ago in overseas markets.Following the deal, ZTE
holds just 60 percent stake in Nubia.Suning holds 33.33 percent
and Yingcai Investment the balance 6.67 percent.Nubia was
expected to sell 10 million phones and achieve a revenue of 6
billion yuan for 2015.Nubia is also reported banking on the ...
en.ce.cn | 05 January 2016