ZTE
From Wikipedia, the free encyclopedia
| Zhong Xing Telecommunication Equipment Company Limited | |
|---|---|
 |
|
| Type | Public |
| Founded | 1985 |
| Founder | Hou Weigui |
| Headquarters | Shenzhen, People's Republic of China |
| Key people | Yin Yimin, CEO and Hou Weigui, chairman |
| Industry | Telecommunication |
| Revenue | 23,031.7 million RMB (2006) |
| Net income | 807.4 million RMB (2006) |
| Employees | 39,266 (2006) |
| Website | www.zte.com.cn |
ZTE (Chinese：中兴通讯) (Zhong Xing Telecommunication Equipment Company Limited) SZSE: 000063 SEHK: 0763 is a global provider of telecommunications equipment and network solutions (GSM, CDMA, CDMA2000, W-CDMA, TD-SCDMA, IMS, NGN, PSTN, SDH, ADSL, IPTV, Value Added Services) based in Shenzhen, the People's Republic of China. ZTE was established in 1985 with ties to the People's Liberation Army. Its shares are publicly traded on both the Hong Kong and Shenzhen Stock Exchanges. ZTE is the biggest telecommunications enterprise in China.
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, Xi'an, Chongqing, Chengdu 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); approximately 20,000 of these employees are inside China. ZTE established a United States presence in 1998. The U.S. headquarters are located in Dallas, Texas.
Contents |
[edit] Products and product deployment
ZTE Corporation's full range of network products cover wireless, 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, Nepal, Iran, India, Libya, Benin, Ghana, Nigeria, Zambia, Tanzania, Angola, U.S., UK, Algeria, Venezuela, Tunisia, Russia, Cuba, Argentina, Chile, Australia, Canada and Sri Lanka. Its financial report is audited by Ernst & Young.
ZTE is expanding overseas. 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. 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].
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 [5].
ZTE manufacture several models of 3G mobile phone which are rebranded by Telstra for use on their NextG network. Spanish telecom company Telefónica España will jointly manufacture and distribute 3G mobile handsets with ZTE [6] (and now distributes ZTE MF620). Telus of Canada is currently offering the ZTE D90 cellphone with the innovative FastapTM keypad[7].
[edit] Legal controversy
The Philippine National Broadband Network controversy is a political affair that centers upon allegations of corruption regarding the proposed government-managed National Broadband Network (NBN) for the Philippines and the awarding of its construction to ZTE.aa
[edit] References
- ^ Chinese firm wins $63m railway bid. VNS. November 3, 2005
- ^ China-based Huawei and ZTE make headway in global telecom market. DigiTimes.com. March 9, 2007
- ^ ZTE tops 2006 international CDMA market. CIOL Bureau. March 8, 2007
- ^ ZTE Wins Softswitch Deal. Light Reading. FEBRUARY 28, 2007
- ^ ZTE and Datang Telecom Technology approved to sell 3G equipment. Reuters. March 13, 2007
- ^ ZTE to Develop 3G Mobiles For Telefonica. SDA Asia Magazine. February 26. 2007
- ^ ZTE D90. Telus. 2007
[edit] External links
- Official website
- newsinfo.inquirer.net, De Venecia son’s team claims overprice in NBN deal - Experts report P8-B discrepancy
