ZTE Reach Of USD 10.609 Billion Of Revenue
By: Infocellular
ZTE Corporation recorded revenue of RMB 70.264 billion, equivalent to USD 10.609billion in the year 2010. This achievement was increased by 21% compared to the year 2009.
As for net profit reached RMB 3.250 billion (USD 490.74 million) or grew 32.22%.
The expansion of the 3G market is believed to be one of the major driver in increasing revenues ZTE. Provider of telecommunications equipment and network solutions is also getting a 50% growth in corporate and government network market.
During the reporting period, the company also began supplying high-tech devices data such as T8000 and M6000 into three major countries in large numbers, while the smart devices terminals of the company's are also considered to obtain a significant market recognition.
The products of ZTE's system has been launched in the up scale European market such as Germany, Belgium, Hungary, Austria.
As for net profit reached RMB 3.250 billion (USD 490.74 million) or grew 32.22%.
The expansion of the 3G market is believed to be one of the major driver in increasing revenues ZTE. Provider of telecommunications equipment and network solutions is also getting a 50% growth in corporate and government network market.
During the reporting period, the company also began supplying high-tech devices data such as T8000 and M6000 into three major countries in large numbers, while the smart devices terminals of the company's are also considered to obtain a significant market recognition.
The products of ZTE's system has been launched in the up scale European market such as Germany, Belgium, Hungary, Austria.
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