About ZTE

ZTE Corporation provides integrated communication and information solutions worldwide. The company provides technology and product solutions to telecommunications service providers and government and corporate customers in approximately 160 countries and regions. The company owns products and integrated solutions in the telecommunications industry. It offers a range of ‘wireless, wireline, cloud computing and terminal’ products. Segments The company operates through three principal business segments: Carriers’ Networks, Government and Corporate Business, and Consumer Business. Carriers’ Networks This segment’s profile as a forerunner in 5G has been further improved with ongoing innovations and implementations in 5G frequency technology, 5G core network technology, 5G bearer technology, 5G high/low frequency matching base stations and 5G chips, major position in technology verification and product-based development, a vocal involvement in standard formulation, the completion of the second-stage national 5G tests and tests of approximately 20 worldwide mainstream carriers, and strategic cooperation agreements with worldwide mainstream carriers in a joint effort to advance 5G technologies and market applications. In connection with wireline products, this segment reported substantial revenue growth as its seized opportunities arising from the fast growth in video data flow, rapid development of 5G, the upgrade of fixed line access to optical fibre, and SDN virtualisation on the back of its sustained competitive edge in technologies and solutions. In connection with products and solutions, this segment includes TITAN, the company’s primary optical access platform. This segment also includes the company’s 5G bearer and network virtualisation products. In connection with telecommunications, the company seized opportunities in big video system construction and upgrades arising from the transformation in the content services of telecom carriers and stayed atop in market shares for IPTV through its big video ‘4K+’ solution, a major product. Government and Corporate Business This segment capitalized on opportunities presented by the digital transformation of the industry to foster core product capabilities and develop industry solutions focused on ‘network communication products, government and corporate virtual data centre, distributed database, and video big data analysis’. The company joined forces with its partners to develop a business ecosphere of cloud networks and achieved stable development in key sectors ‘government, transportation, energy, finance, enterprise and education’. Consumer Business In connection with handset terminals, this segment reported growth in its business in North America and sound relationships with business partners. In connection with home information terminals, the company reported fast growth capitalizing on opportunities presented by requirements for the upgrade and replacement of home information terminals in tandem with the development of new technologies, such as 4K and high dynamic range. In connection with fixed-line broadband terminals, the company reported sustained growth for this segment. History ZTE Corporation was founded in 1985.

Country
Industry:
Radio and Television Broadcasting and Communications Equipment
Founded:
1985
IPO Date:
09/22/1998
ISIN Number:
I_CNE000000TK5
Address:
ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Shenzhen, Guangdong Province, 518057, China
Phone Number
86 75 5267 70000

Key Executives

CEO:
Xu, Ziyang
CFO
Li, Ying
COO:
Xie, Junshi