China Electronics Technology Group Corporation

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
Increase CN¥ 188 billion[2] (2016)
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
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Diànzǐ KējÌ Jítuán Gōngsī
CETC
Simplified Chinese中国电科
Traditional Chinese中國電科
Literal meaningChina Electronics Technology
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Diàn Kē
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. ^ Cite error: The named reference :2 was invoked but never defined (see the help page).
  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.