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ZTE Announces 15 New Mobile Devices

ZTE PR, 2/27/12

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) unveiled 15 new devices at Mobile World Congress, all of which will be commercially available in or before Q4 2012.

The new devices form a part of ZTE's bid to boost its worldwide market share. The Chinese equipment maker became the fourth largest handset vendor in the world by shipments in 2011 and aims to reach the number three spot in 2015.

"Revenue from international business is now over 60% of ZTE´s terminal revenues," said He Shiyou, head of the terminals division at ZTE, adding that ZTE last year saw terminal shipments grow by 50%, and smartphone shipments by 400%.

Two of the smartphones and three of the tablets will be LTE-capable. Its two LTE dual-core handsets, the N91 and PF200, are due to be released in Q4 2012. ZTE's LTE tablets, the V6 and the V8, have 1.2 GHz dual-core processors and a larger tablet, the V96, has a 1.7 GHz processor. On the heels of earlier quad-core device announcements from Huawei and HTC, ZTE also unveiled two 1.5 GHz quad-core tablets, the T98 and the PF 100.

Keywords: overseas He Shiyou handset vendor handset smartphone revenue wireless 000063.SZ 0763.HK ZTE GSMA Mobile World Congress LTE tablet 4G computer

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