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ZTE Corporation is a publicly-listed global provider of telecommunications equipment and network solutions operating in more than 140 countries. It offers a wide choice of products ranging from voice, data, multimedia and wireless broadband services. Founded in 1985, ZTE is China’s largest listed telecom equipment company and trades on both the Shenzhen (A share: 000063.SZ) and Hong Kong (H share: 0763.HK) stock exchanges
ZTE aims to satisfy customer requirements in their pursuit for reliable and innovative products via a suite of wireless, wired, business and terminal offerings. ZTE has been recognized for its products and services and has secured a number of high rankings around the world. In 2010, ZTE recorded revenue of RMB 70.264 billion. The Group’s revenue from its international operations grew 27.45% to RMB38.066 billion and accounted for 54.18% of total operating revenue. For the first time, the US and European markets contributed the largest portion of overseas revenue. These markets recorded year-on-year growth of 50% which accounted for 21% of total operating revenue.
ZTE is dedicated to creating value for customers and to remaining a cutting-edge provider with innovative and technologically advanced systems. The company has 15global R&D centers located in the U.S. France, Sweden, India and China. It employs 30,000 researchers around the world who develop new and innovative products. In 2010, ZTE applied for 1,863 international patents, putting it in second place globally when it comes to innovation. Along with 107 affiliated institutions around the world, ZTE has demonstrated its growing innovative ability, outstanding flexibility and refined delivery, enabling it to win and retain trust from clients.
ZTE is a member of the United Nations Global Compact and is committed to sustainable development throughout the world. The company uses technology to help people in different regions enjoy the rapidly evolving world of communication. It also pays special attention to sustainable work practices throughout the lifecycle of its products – from R&D to production to logistics, and through to customer service. Limiting energy consumption and carbon dioxide emissions around the world is a key strategy being implemented through its sustainability program.
Among the initiatives in which it has been actively engaged, ZTE has: Provided green products to help decrease energy consumption and CO2emissions; Been involved in relief efforts of some major natural disasters such as the Indian Ocean tsunami and Sichuan earthquake; Worked with the China Children and Teenagers’ Fund to create a Caring for Children Fund, the largest of its kind in China.
Moving forward, ZTE is committed to addressing the challenges faced by the global telecom sector and to remain a world-class company that both leads and inspires.