BY SHAYNDI RAICE
Chinese mobile-handset maker ZTE Corp. will more than double its device portfolio in the North American market this year, said Lixin Cheng, chief executive of the company's U.S. business, as it tries to gobble up more market share by offering sophisticated devices with the ZTE brand at a low-cost.
The aggressive push into the lucrative market is the latest sign of ZTE's growing might in the intensely competitive global handset market. In late January, research firm IDC ranked ZTE as the No. 4 world-wide phone supplier, edging past Apple Inc. and trailing only Nokia Corp., Samsung Electronics Co. and LG ...
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