Zhong Xing Telecommunication Equipment Company Limited(ZTE)

COMPANY BACKGROUND
Zhong Xing Telecommunication Equipment Company Limited was founded in 1985. It is a multinational organization based in China. It is listed on the Shenzhen Stock Exchange and the main board of the Hong Kong Stock Exchange. It is one of the leading providers of high technology telecommunications equipment in China.
ZTE’s branch in Pakistan is situated in the I-8 Sector, Islamabad. The Group is engaged in the design, development, production, distribution and installation of abroad range of advanced telecommunications systems and equipment, including wireless communications systems; wire line switch and access equipment, optical and data communications equipment, handsets and telecommunications software systems and services. It develops and manufactures telecommunication equipments for fixed, mobile, data, optical networks, intelligent networks and next generation networks. The mobile products also include GSM and CDMA mobile phones and fixed wireless terminals.
Over 10% of ZTE revenue annually is dedicated to the R&D aimed at enhancing product quality, reducing cost, achieving higher sales and thus increasing return on investment. Almost half of all ZTE personnel are involved in R&D, and ZTE currently owns around 700 patents, with more than 87% of these being original innovations.
In order to push boundaries even further, ZTE has set up 13 wholly owned R&D centers worldwide and has undertaken research partnerships with electronics giants like Texas Instruments, Motorola and Agere Systems.
ZTE’s respected position as a forward looking global organization within the industry is also reflected by membership of, and participation in, a variety of International Organizations of Standardization. ZTE was the first Chinese individual manufacturer member of 3GP2 (3rd Generation Partnership 2) and has become a sector member of the International Telecommunications Union (ITU).
ZTE is committed to the future of the telecommunications industry, and is aiming to continue to develop and expand its global operations to ensure that partners everywhere will have the most effective solutions both now and in the years to come.
ZTE Corporation of China is one of the world’s leading network solution providers. In 2003 alone, ZTE achieved revenues of RMB 25.19 billion and continues to show year-on-year compound growth of more than 34%. which is a performance unique in this industry in world terms.
ZTE is now China’s largest network solution provider.

STRENGHTS

· ZTE Corporation is the largest listed telecommunications equipment manufacturer and provider in China.
· ZTE Corporation has been listed as an A-Share company on Shenzhen Stock Exchange since 1997.
· In 2004 it was listed in Hong Kong Stock market.
· ZTE is included in the Top 100 Information Technology Companies by leading US business publications, Business Week.
· ZTE is a total solution provider.
· ZTE has many turn-key project experiences.
· It is present globally and serving locally.
· It has a competitive pricing policy.
· ZTE has high credit prestigious brands.
· Their services are in co-operation with 150 operators in over 90 countries around the world.
· ZTE’s global CDMA handset sales volume exceeded 11 million units.
· ZTE’s global DSL deployment has exceeded a capacity of 18 million units.
· ZTE commits over 10% of its annual revenue to R&D every year.
· ZTE has been granted over 1000 international intellectual properties.
· ZTE has the most complete telecommunications product line in the world, covering every sector of the wire line, wireless and terminal markets

· ZTE employs first-class people and provides world-leading training systems and scientific methodologies.
· ZTE provides continuous training, career advancement opportunities and a self-motivated work environment to its employees.

· The corporation has also launched joint laboratory partnerships with:

o Microsoft (China)
o IBM
o Nortel
o Intel
o Accenture
o Alcatel-Lucent
o Cisco Systems
o Texas Instruments

· ZTE’s partnered operators are:

o BSNL

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