There are rumors claiming that Huawei, ZTE and other Chinese enterprises are leaving Shenzhen, China, but the spokesperson of ZTE has denied the rumors.
According to the spokesperson of ZTE, the Chinese firm doesn’t have the plan to move its base to Heyuan from Shenzhen in the near future. The spokesperson further said that the plant in Heyuan is actually a manufacturing base of ZTE. Previously, the mayor of Shenzhen had denied on the rumors as well.
Chinese sources reported that ZTE is likely to move its manufacturing base from Shenzhen to Heyuan while the main office is still in Shenzhen. The first manufacturing project is likely to kick off in October later this year.
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