ZTE Expects Solid Growth For Its Enterprise Business

BEIJING—Chinese telecommunications-equipment maker ZTE Corp. is pushing to increase quickly its enterprise business as it seeks to expand its hold on the burgeoning network-equipment and -service market for governments and businesses.ZTE primarily makes smartphones and infrastructure equipment for telecom service providers, but the company said it expects to see strong growth in its less developed sector that makes communication equipment and provides services for governments, large businesses and other heavy infrastructure projects.ZTE Vice President Xu Ming said Tuesday that the company expected revenue for its enterprise business to grow to between $6 billion and $7 billion by the end of 2015 from 8.8 billion yuan, or about $1.4 billion, in 2011. Mr. Xu said he expected 2012 enterprise revenue to grow 70% from the 2011 level.Across the enterprise industry, companies are seeing surging growth as communications equipment and services become more critical for governments and businesses across the world. Mr. Xu said one way for ZTE to compete would be to focus on the industries it specializes in, pointing out that ZTE held more than 50% market share for railroad signaling and communications in China, and was growing its presence in the industry to Russia and Central Asia."For total information and communication technologies revenue IBM is the leader," but in different industries, for example in the railway business, IBM isn't a major player, he said.He also said ZTE was striving to grow its sales channels abroad. Although it has 1,000 channel partners in China, he said it currently has far less in 15 key markets the company has identified for growth. As a result, the company is aiming to sign around 50 partners in those markets this year, and more than 100 in each by the end of 2013, he said. Mr. Xu also said the company currently has 25% of its 27,000 research and development engineers working on its enterprise offerings, and said he hopes to expand that number to 30% by the end of 2015.Last week, ZTE defended itself in a congressional hearing due to continuing concerns from the U.S. government that equipment made by ZTE could be used by China's government to track emails or disrupt U.S. communications systems. Mr. Xu said the concerns were aimed at the wing of ZTE that built telecom infrastructure equipment, and that any negative press associated with the U.S. accusations haven't had a negative impact on the company's enterprise business.

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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

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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

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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?