ZTE shows big gains in Europe, America

Telecomms upstart ZTE turned in its results for the six months to the end of June 2011 and showed revenues in Europe and America had shot up by 62 percent.

Europe and America showed the fastest growth for ZTE geographically, accounting for 24.1 percent of the ZTE Group's revenues. Asia Pacific represented 18.2 percent of ZTE revenues and Africa 13.4 percent by revenue.

As far as products go, year on year ZTE terminal products showed a jump of 43.96, 8.01 percent for carrier networks, and 42.29 percent for telecomm software systems and services.