GOOD TIMES FOR CHEAP CELL PHONES

摘要

Give Hou Weigui credit for not letting something like a global economic crisis get in the way of big plans. The 67-year-old founder and chairman of Chinese telecom equipment maker ZTE is trying to transform his company into the mainland's most successful consumer-focused multinational. In the past two years, ZTE has come out of nowhere to become the world's No. 6 maker of cell phones, and it's growing fast. "We still have a long way to go," Hou allows. But, he adds, "in five years we hope we can become No.3."