ZTE aims to expand cloud overseas, challenges seen

By Lee Chyen Yee SINGAPORE (Reuters) - China's ZTE Corp, the world's 5th largest telecom equipment maker, plans to expand cloud computing abroad, though security worries could pose a challenge. ZTE, the No.2 telecom gear player in China ranking behind Huawei Technologies Co Ltd, provides cloud solutions to China's telecom carriers, such as China Telecom, major Internet firms, oil and energy companies, a senior executive said. Zhu said he was targeting a 10 percent contribution from cloud and enterprise business to ZTE's overall revenues in 2013, up from around 7-8 percent last year. ...



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