"The negotiations are going successfully," Xiong Hui, a marketing vice president for ZTE's handset division said through a translator in an interview with Reuters at the.
Sprint has said it would offer
Hui, who declined to comment further on the Sprint talks, said that the U.S. market is key to ZTE's plans to expand beyond China, its biggest market.
"Our target market is the global market," he said. "The U.S. market is."
It aims to increase its devices sales to more than 50 million units in 2008 from about 30 million in 2007, including wireless data cards and phones, he said.
Hui said the company aimed to be one of the world's top five mobile vendors in the next three years.
The market is currently led by Nokia, which shipped 133.5 million handsets in the fourth quarter alone.