Company Name: ZTE Corporation
Industry: Communication Equipment
Sector: Technology
Description: ZTE Corporation is a Chinese partially state-owned technology company that specializes in telecommunication. Founded in 1985, ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges.
The company has a diversified and comprehensive product portfolio, covering various segments such as wireless, wireline, services, devices and professional telecommunications services. The company offers a range of telecommunication systems and infrastructure, such as base stations, phones, and systems for switching, optical transport, videoconferencing, power supply, and monitoring.
ZTE's core business is wireless, exchange, optical transmission, data telecommunications gear, telecommunications software, and mobile phones. ZTE primarily sells products under its own name, but it is also an OEM.
The company has a global presence, serving over 1/4 of the global population and providing innovative technologies and integrated solutions for global operators, government and enterprise, and consumers from over 160 countries across the globe.
ZTE has a strong R&D capability, investing more than 10% of annual revenue in its R&D. The company has established 11 state-of-art R&D centers in China and filed applications for more than 85,000 patents, with over 43,000 granted.
ZTE also has a leading position in the 5G market, being a major participant and contributor in global 5G technology research and standard development. The company has deployed over 100 5G commercial networks worldwide and has cooperated with more than 500 partners in the 5G ecosystem. It has a "5G + Cloud + AI" strategy, which means it leverages 5G, cloud computing, and artificial intelligence technologies to improve the efficiency and quality of its services.
ZTE is headquartered in Shenzhen, Guangdong, China. As of 2024, the company had about 75,000 employees.
CEO: Li Zixue
Website: https://www.zte.com.cnExchange:Hong Kong Stock Exchange (HKSE)