ZTE in top 5 for Euro smartphone sales

first_img ZTE readies dual-mode 5G flagship Related HomeDevicesNews ZTE in top 5 for Euro smartphone sales China’s ZTE boasted that it was the fifth biggest smartphone supplier in Europe during Q1 2016, boosting its ambition to secure a “top three” spot in key markets.According to research from Counterpoint Technologies, ZTE, which is selling its Axon and Blade devices in the region, managed to secure fifth position, based on research and data collected from approximately 90 per cent of smartphone manufacturers active in the world today.As of the end of 2015, more than 30 million Blade devices had shipped in more than 50 countries, with strong uptake in Germany, Spain, France and the UK.ZTE has since updated its Blade smartphone line up, with launches at Mobile World Congress 2016, and unveiled its Axon 7 flagship smartphone in May.Jacky Zhang, CEO of EMEA and APAC at ZTE Mobile Devices, put the company’s recent success in Europe down to the launch of “premium smartphones pegged with an affordable price tag”.The company’s mobile devices CEO Adam Zeng, in an interview with Mobile World Live, reiterated claims first made by ZTE in 2013, of its ambitions to land a “top three” smartphone spot.Zeng said it is now targeting achieving the feat by 2020, with a particular focus on growth in China, the US and Europe.Counterpoint Technologies recently ranked ZTE as the world’s seventh largest smartphone vendor. Author Devices Previous ArticleNokia ready to squeeze out remaining AlcaLu stakeNext ArticleMcAfee finds 21 apps with “colluding code” Kavit joined Mobile World Live in May 2015 as Content Editor. He started his journalism career at the Press Association before joining Euromoney’s graduate scheme in April 2010. Read More >> Read more center_img ZTE gains China approval for first 5G smartphone AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 16 JUN 2016 ZTE joins 5G wave with Axon 10 Pro Kavit Majithia Tags ZTElast_img read more

Due diligence for loan participation programs: a comprehensive guide

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Mike DorsettIn our last post, we discussed the benefits of utilizing participation loans. A loan participation is an instrument that allows multiple lenders to participate or share in the funding of a loan. Today, we will dive into the importance of due diligence and some of the types of risk assessment that should be considered when participating in these programs.Due Diligence: Two Critical Words When Considering A Loan ParticipationPrior to starting a loan participation program or entering into a loan participation agreement with a third party, officials must evaluate whether the program is compat­ible with the board’s risk tolerance, loan policies, and overall strategic plan. Purchasing financial institutions should consider the following factors:Does the seller have demonstrated ability to repurchase the participation, if required under the terms of the participation agreement?Is the product being sold time-tested? The seller should demonstrate experience in underwriting the product, and the product should have weathered a full economic and interest rate cycle.Can you (purchasing financial institution) underwrite the loan to your own standards and not rely on the analysis performed by the seller or the broker? The National Credit Union Association (NCUA) suggests the purchasing institution consider an independent analysis of credit quality. continue reading »last_img read more

Conservatives & Liberals Equally Smug, Study Finds

first_imgLiveScience:The current government shutdown has both Republicans and Democrats laying blame, with each side claiming the other won’t compromise. While science can’t fix political gridlock, it can answer one big question: Is one side naturally more intransigent than the other?New research suggests not. In fact, political liberals and political conservatives are approximately equally convinced of the superiority of their views — though which views they feel smug about differ. Conservatives, for example, are certain their views on the income tax rate are superior, while liberals are sure they know best about government welfare programs.The study researchers looked at average Americans, not politicians, and they didn’t examine whether either side’s beliefs were objectively true. Still, there’s reason to believe the results reflect on the current congressional standoff, said study researcher Kaitlin Toner, a postdoctoral fellow at Vanderbilt University in Nashville, Tenn.Read the whole story: LiveScience More of our Members in the Media >last_img read more