The company was renamed 'SAGETEL MOBILES (NINGBO) CO.' and funded by SAGEMCOM with the registration of 75 million dollars.
•
The company has exactly 3000 employees in total and is currently the main production site of SAGEMCOM, having manufactured more than 80,000,000 units in all, sold worldwide in more than 10 countries.
•
The two companies share the same heritage and Sagetel funded MobiWire out of bankruptcy.