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China Electronics Technology Group Corporation information


China Electronics Technology Group Corporation
Company typeState-owned enterprise
IndustryDefence, Electronics, Telecommunications, IT
FoundedMarch 1, 2002; 22 years ago (2002-03-01)
Headquarters
Haidian District, Beijing
,
China
Area served
Worldwide
Key people
Xiong Qunli (Chairman and President)[1]
ProductsRadars, Unmanned aerial vehicles, Electronic equipment, Telecommunications equipments, Software, Internetworking
Revenue220,427,000,000 renminbi (2018) Edit this on Wikidata
Operating income
Increase CN¥ 188 billion[2] (2016)
Net income
Increase CN¥ 18.31 billion[2] (2016)
Total assets$51.672 million [3]
OwnerChinese Central Government (via State Council) (100%)
Number of employees
150,000[4]
SubsidiariesCET HIK Group (100%)
Websitewww.cetc.com.cn Edit this at Wikidata
China Electronics Technology Group Corporation
Simplified Chinese中国电子科技集团公司
Traditional Chinese中國電子科技集團公司
CETC
Simplified Chinese中国电科
Traditional Chinese中國電科
Literal meaningChina Electronics Technology
CETC in The 2nd China (Mianyang) Science & Technology City International Hi-Tech Expo. Mianyang, 2014.

China Electronics Technology Group Corporation (CETC; 中国电子科技集团公司; zhongguo dianzi keji jituan gongsi[5]) is a Chinese state-owned company established in 2002. Its fields include communications equipment, computers, electronic equipment, IT infrastructure, networks, software development, research services, investment and asset management for civilian and military applications.[6][7] It was founded with the stated goal of leveraging civilian electronics for the benefit of the People's Liberation Army.[5]

In 2021, CETC became the third largest electronics and IT company in China after absorbing Potevio, with a combined revenue of $53 billion in 2019, behind only Huawei and Lenovo.[8]

The company also handles electronic parts and systems for radars, missiles, key components for satellites in the BeiDou network, semiconductors, antennas for wireless infrastructure as well as equipment for autonomous-driving technology.[8]

  1. ^ "Group Leader - CETC". China Electronics Technology Group Corporation. Archived from the original on 2016-09-15. Retrieved 2016-09-10.
  2. ^ a b 中国电科描绘2017年发展新蓝图 Archived 2017-03-15 at the Wayback Machine China Electronics Technology Group 2017-02-24 (in Chinese)
  3. ^ "China Electronics Technology Group". Fortune. Archived from the original on 2020-02-18. Retrieved 2020-06-02.
  4. ^ "Introduction - CETC". China Electronics Technology Group Corporation. Archived from the original on 2016-09-15. Retrieved 2016-09-10.
  5. ^ a b Luce, Matthew (February 21, 2012). "A Model Company: CETC Celebrates 10 Years of Civil-Military Integration". Jamestown Foundation. Archived from the original on October 13, 2019.
  6. ^ "Company Overview of China Electronics Technology Group Corporation". Bloomberg. Archived from the original on 6 March 2016. Retrieved 5 March 2016.
  7. ^ Allen-Ebrahimian, Bethany (June 24, 2020). "Defense Department produces list of Chinese military-linked companies". Axios. Archived from the original on June 25, 2020. Retrieved June 24, 2020.
  8. ^ a b "China to create 'IT aircraft carrier' through tech megamerger". Nikkei Asia. Archived from the original on 2022-03-14. Retrieved 2022-03-30.

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