ZTE targets China, US to bolster profits

Chinese telecommunication equipment manufacturer ZTE has told Reuters that it sees United States and China as the key-markets for its new smartphone focused strategy.

ZTE, which was founded in 1985, is looking to focus on high-end smartphone to bolster the profit margins. “The United States and China will be key engines driving our smartphone sales,” Lv Qianhao, head of handset strategy, told Reuters in an interview on Tuesday.

Excerpts from the interview:

  • ZTE expects to double its smartphone shipments this year.
  • It has sold 8 million of its flagship Blade smartphones globally, with 5 million in China.

Source


Post Author: Gaurav Shukla

Gaurav Shukla is the editor of AndroidOS.in. If you'd like to reach him, drop an email at 'gaurav@androidos.in' or connect with him on Twitter (@gauravshukla).

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