ZTE Corporation ( Chinese. 中兴 通讯 ) is a Chinese company, the second largest manufacturer of telecommunications equipment and mobile phones in China (in 2011) [2] . It was founded in 1985. The headquarters is located in Shenzhen .
| Zhong Xing Telecommunication Equipment Company Limited 中興 通訊 股份有限公司 | |
|---|---|
 | |
| Type of | public company |
| Exchange listing | SZSE : 000063 SEHK : 0763 |
| Base | 1985 |
| Location |  China : Shenzhen |
| Key figures | Hou Weigui Chairman of the Board of Directors |
| Industry | Manufacture of telephones, telecommunication equipment. |
| Products | Telecommunication equipment for fixed and mobile communications |
| Turnover | $ 12.2 billion ( 2013 ) [1] . |
| Operating profit |
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| Net profit | $ 61 million ( 2013 ) [1] . |
| Assets |
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| Number of employees |
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| Site | zte.ru |
Content
Company
In 1997, the company was listed on the Shenzhen Stock Exchange , and since December 2004, listed on the Hong Kong Stock Exchange . Included in the Hang Seng China Enterprises Index [3] .
ZTE has 13 in-house research centers in China , USA , Sweden and Korea . More than 10% of ZTE's annual revenue is allocated to R&D . The company has partnerships with large international companies such as: Intel , Microsoft , IBM , Alcatel , Qualcomm , Analog Devices , Accenture , Texas Instruments , Freescale , Agere Systems , and ADI .
ZTE has 1863 international patent applications registered with the World Intellectual Property Organization (status as of December 31, 2010) [4] . The corporation filed a total of more than 33 thousand international patent applications, which made it one of the main patent holders in the communications industry.
The company develops and manufactures telecommunication equipment for PSTN networks, mobile networks, optical networks, data networks, intelligent networks ( IN ) and next-generation networks ( NGN ).
The company employs more than 85 thousand employees (in 2010) [5] .
According to 2010 results, the company took 4th place among the largest manufacturers (in unit terms) in the mobile phone market according to IDC [6] .
According to US authorities, from 2010 to 2016, ZTE sold devices manufactured using parts from the United States to Iran and the DPRK . In February 2018, the heads of the American special services of the NSA , the FBI and the CIA recommended that American citizens abandon the use of Huawei and ZTE smartphones, motivated by the fact that the devices could be used by Chinese authorities for covert espionage. In May, the US Department of Defense banned the sale of devices from ZTE and Huawei at US military bases [7] . However, after resolving disagreements with the US government on the issue of selling devices to Iran, bypassing the company's sanctions, a trial period was set until the end of 2020. During this period, the court and the U.S. Department of Commerce planned to monitor the activities of ZTE, including its supply of equipment and technology. The trade department established deeper monitoring of the company and access to information on ZTE operations than that of a court for up to 10 years. Later, ZTE violated the terms of the settlement agreement because it did not dismiss employees involved in the illegal supply of US equipment to Iran. In October 2018, the trial period for the company was extended to 2022 [8] .
In May 2018, the company suspended operations due to US sanctions [9] . However, on May 25, US President Donald Trump confirmed the information that his administration had reached an agreement with ZTE to remove restrictions on doing business with American companies imposed on it [10] .
In March 2019, it became known that ZTE plans to release a new side smartphone-slider called the ZTE Axon S, which will have a retractable design [11] .
In April 2019, the company announced that at the end of the month it plans to present a folding smartphone bracelet with a flexible OLED display Nubia Alpha [12] .
Company Owners
51.8% of the shares are held by the PRC, 31.5% are traded on the Shenzhen Stock Exchange , 16.7% are traded on the Hong Kong Stock Exchange .
Participation in telecommunication organizations
ZTE is actively involved in the work of many international organizations, such as:
- ITU ( International Telecommunication Union ),
- AIC ( Asian Infocommunication Council ),
- CCSA (China Communications Standards Association),
- 3G Association ,
- 3GPP ,
- 3GPP2 ,
- CDG ( CDMA Development Group),
- International 450 Association ,
- OMA (Open Mobile Alliance),
- IPV6 Forum,
- DSL Forum,
- WiMAX forum,
- WiFi
- OBSAI (Open Base Station Architecture Initiative),
- NV-IOT (Network Vendors Interoperability Testing Forum), etc.
ZTE in Russia
ZTE produces branded mobile phones and USB modems for Russian operators: MTS 236 , MTS 535, MTS 547, MTS Business 840, MTS 916 , MTS Glonass 945 (based on ZTE VF945), MTC Smart Start, Beeline A100, Beeline E600, Beeline Smart 2, MegaFon V9 +, etc.
In December 2010, ZTE launched the Beeline M2 branded tablet computer for the Russian mobile operator VimpelCom ( Beeline brand), developed on the basis of ZTE Light's own device [13] . In August 2011, Beeline announced the release of a new smartphone - Beeline e400, aka ZTE Blade (cost about 7 thousand rubles).
In 2005, according to media reports, the company was negotiating a possible purchase of the Volga operator SMARTS [14] [15] .
In February 2012, ZTE representative in Russia Dean Haoming announced the suspension of the production of ZTE smartphones with GLONASS support. Currently (2016) mid-range and high-end devices support GLONASS. [16] .
Notes
- ↑ 1 2 ZTE Annual Report 2013 (inaccessible link) . ZTE.com. Archived on September 28, 2014.
- ↑ China: ZTE plans to assist China Unicom Finam (November 22, 2011). Date of treatment February 2, 2012.
- ↑ Hang Seng China Enterprises Index Archived March 27, 2013. , "Code: 763; Constituent Name: ZTE »
- ↑ ZTE ranked second in the world in the number of international patent applications . Interfax (February 14, 2011). Date of treatment February 2, 2012.
- ↑ ZTE expands cooperation with Uzbekistan . gazeta.uz (October 31, 2011). - By 2010, the number of ZTE employees exceeded 85 thousand people. Date of treatment February 2, 2012. Archived April 11, 2012.
- ↑ Eldar Murtazin. Spills number 103. Annual reports of companies, the rapid decline of Symbian and Nokia . Mobile-review.com (January 31, 2011). Date of treatment February 6, 2011. Archived April 11, 2012.
- ↑ Victim of sanctions: how Trump destroyed the Chinese smartphone maker (Russian) , Forbes . Date of treatment May 28, 2018.
- ↑ Chinese ZTE has been punished again by 3DNews for violating probationary terms
- ↑ Media: ZTE suspended operations due to US sanctions (Russian) , TASS . Date of treatment May 11, 2018.
- ↑ Grigory Matyukhin. ZTE ceases operations due to U.S. sanctions, Huawei is next in line . hi-tech.mail.ru. Date of circulation May 10, 2018.
- ↑ ZTE will release the flagship smartphone-slider ZTE Axon S .
- ↑ Sales of the ZTE Nubia Alpha smartphone bracelet will begin on April 25 .
- ↑ Review of Beeline M2 (Beeline M2): the world's first branded tablet . Mail.Ru Hi-tech (December 14, 2010). - ZTE made the first fully branded tablet for Beeline. Date of treatment February 2, 2012. Archived April 11, 2012.
- ↑ Catherine Osadchaya. SMARTS found a Chinese investor . comnews.ru (February 13, 2006). - CJSC SMARTS and Chinese ZTE have negotiated the sale of 97% of the Russian operator. Date of treatment February 2, 2012. Archived April 11, 2012.
- ↑ Oleg Sincha. Interview with the General Director of SMARTS CJSC . comnews.ru (April 24, 2006). - Rumors about a possible purchase of SMARTS by Chinese equipment manufacturer ZTE Corp. Date of treatment February 2, 2012. Archived April 11, 2012.
- ↑ ZTE suspends the release of GLONASS smartphones . uchet-info.ru (March 1, 2012). Date of treatment March 1, 2012. Archived June 16, 2012.