ZTE

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ZTE Corporation (Chinese：中兴通讯）(Zhong Xing Telecommunication Equipment Company Limited) SEHK: 0763 is a leading global provider of telecommunications equipment and network solutions (GSM, 3G, WCDMA, CDMA, SDH, ADSL, IPTV, PSTN) based in Shenzhen, the People's Republic of China. ZTE was established in 1985 and its shares are publicly traded on both the Hong Kong and Shenzhen Stock Exchanges. The company's 2005 revenues were 21.6 billion RMB (2.7 billion USD), roughly two thirds of which came from the Mainland China market, while profits were 1.2 billion RMB (150 million USD).

ZTE corporate headquarters are located in Nanshan Hi-Tech Industrial Park, Shenzhen, Guangdong Province, with domestic R&D centers operating in LianTang/Shenzhen, Shanghai (GSM), Nanjing, Jiangsu and Beijing (total fourteen worldwide R&D facilities). ZTE University is located in Damaisa, approximately 1.5 hours east of ZTE HQ, and provides training for both staff and clients from around the world. Latest figures (Q4 '06) estimate over 30,000 employees (Chinese & foreign), with approximately 20k inside China. ZTE established a United States presence in 1998. The U.S. headquarters are located in Dallas, Texas.

[edit] Products and Product Deployment

ZTE Corporation's full range of network products cover data, optical transport, switching, video conferencing, power supply, monitoring, etc. ZTE also provides solutions in narrowband, broadband, wired and wireless products, including a ZTE branded line of mobile handsets. ZTE operates in mainland China, Bangladesh, Hong Kong , the Philippines, Norway, Sweden, Portugal, Brazil, Romania, Pakistan, Iran, India, Libya, Benin, Ghana, Zambia, Tanzania, Angola, UK, Algeria, Tunisia, Russia, Cuba, Argentina, Chile and Sri Lanka. A PSTN project in Bangladesh was its first overseas project. ZTE undertook ADSL broadband access projects at 16 venues and press centers for the Olympic Games in Athens 2004. Its financial report is audited by Ernst and Young.

ZTE is expanding overseas. ZTE was awarded a contract from Viet Nam Railways valued at VND1 trillion (62.5 million USD) to upgrade and modernize the railway's signal and telecommunications systems ^[1]. The multi-million dollar project, with planning started in 2001, includes upgrades on three lines out of Hanoi as well as several junctions within and around Hanoi. ZTE made headway in the international telecom market in 2006 and took 40% new global orders for CDMA networks ^[2] and topped the world CDMA equipment market in 2006 by number of shipments ^[3]. ZTE is installing its ZTE Class 5 soft switch system in Global e Networks' London Docklands telecoms hub for IP-based communications between the UK and European markets ^[4]. Spanish telecom company Telefónica España will jointly manufacture and distribute 3G mobile handsets with ZTE ^[5]. On March 13, 2007, Reuters reported that ZTE had received the go-ahead to sell equipment based on 3G in China from the Chinese Ministry of Information Industry ^[6].