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[January 02, 2014]
UZTE to produce new smartphones and modems in 2014 [UzDaily (Uzbekistan)]
(UzDaily (Uzbekistan) Via Acquire Media NewsEdge) Tashkent, Uzbekistan (UzDaily.com) -- Pengzhong Xingsheng, an Uzbek-Chinese joint venture on production of mobile handsets under UZTE trademark, will expand a line of smartphones and start to produce modems in 2014, the director-general of the company Liu Xiao Dong.
Pengzhong Xingsheng launched production of mobile handsets and its accessories in Syrdarya region of Uzbekistan in July 2013.
The cost of the project was US$3.16 million. The project initiators are ZTE (H.K.) Limited and Peng Sheng LLC. They created joint venture Pengzhong Xingsheng on a parity basis to implement the project.
The capacity of the plant is 100,000 applications a year. It is expected that 10% of product will be imported and the localization level will make up 30%.
In his interview to journal infoCOM.uz, he said that currently the venture produces three models of smartphones – Grand V (V790), Grand M (V889M) and Grand X (V970).
"Currently we are planning to expand production and start to produce new demanded models with better functionalities," he said.
Liu Xiao Dong said that UZTE is a national brand. It unites concept on production of smartphones with high quality products at affordable prices and support of Uzbek languages, as well as provide warranty services.
"We believe that each user will be satisfied with use of smartphones of UZTE and the volume of sales will only increase," he said.
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