ZTE Wants To Ship 250 million "Units" By 2015

ZTE delivered an timely update on its strategic plan for the next five years to a selected number journalists in London on Friday, one month after Mobile World Congress in Barcelona and 24 hours after releasing its 2010 annual results.

Wu Sa, the company's Mobile Device Operations director for the UK, said that ZTE wants to increase its shipment by roughly 30 million units every year to 250 million units in 2015.

ZTE did not provide more details on what the exactly made up those millions of units although we've got a good idea. 2010 figures show that, of the 93 million "units shipped", around two thirds of these were dumb (or feature) phones, just under a third were dongles and around two per cent were smartphones.

This goes a long way to explain why the company's revenue for last year reached $10.61 billion (a 21 per cent increase year-on-year) while its net profit rose to "only" $491.74 million, a jump of more than 32 per cent compared to 2009.

For the first time ever, revenues from external markets exceeded that of domestic operations with the later portion growing by more than 27 per cent.

Read more: http://www.itproportal.com/2011/03/20/zte-wants-ship-250-million-units-2015/#

Facebook Updates

4 days ago

ZTE Corporation

#ZTE has won Leading Contribution to Network Slicing #Award at 5G World Summit for its #5G slicing wholesale solution, which fully demonstrates ZTE’s innovation capabilities and leading position in the 5G field. Learn more: bit.ly/2WB0AFy ... See MoreSee Less

#ZTE has won Leading Contribution to Network Slicing #Award at 5G World Summit for its #5G slicing wholesale solution, which fully demonstrates ZTE’s innovation capabilities and leading position in the 5G field. Learn more: https://bit.ly/2WB0AFy

Comment on Facebook

Congratulation

congratulation

Soy fan destacado me regalan un smartphones?

4 days ago

ZTE Corporation

We launched #ZTEAxon10Pro in #Austria. In addition to the 4G version, #ZTE will introduce the 5G version to provide local consumers with ultimate #5G experience in partnership with the leading carrier Hutchison Drei Austria. Find out more: bit.ly/2XbHJW0 ... See MoreSee Less

We launched #ZTEAxon10Pro in #Austria. In addition to the 4G version, #ZTE will introduce the 5G version to provide local consumers with ultimate #5G experience in partnership with the leading carrier Hutchison Drei Austria. Find out more: https://bit.ly/2XbHJW0

Comment on Facebook

It's my Part of my family. I love ZTE from Dubai

When in India. U always miss growth opportunities in 2nd largest consumer market. Plz be serious

Llegara a Colombia Blade V10 y Axon 10 Pro?