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ZTE Q1 2011 Terminal Shipments Up 47% YoY

ZTE, 4/26/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) recently announced its terminal shipments increased 46.6% YoY to 22 mln terminals in Q1 2011, with sales revenue up 51.4% YoY.

ZTE aims to sell 12 mln smartphones and tablets in 2011, as well as establish R&D teams focused on large-sized cloud computing and smart terminals.

Keywords: tablet computer sales volume revenue telecom 000063.SZ 0763.HK telecom equipment ZTE cloud computing R&D Q1 2011 handset smartphone

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