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ZTE sees boom in 4G phones
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Old 28th March 2014, 07:30   #1
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Default ZTE sees boom in 4G phones

ZTE has said that sales of 4G smartphones accounting for at least 40 percent of its global smartphone shipments in 2014.

According to Reuters, the Chinese based ZTE plans to ship 60 million smartphones in 2014, up 20 million units from last year.

ZTE global head of mobile devices Zeng Xuezhong told a press conference in Hong Kong that the company's smartphone business was strong in the USA, Japan and Europe. But this year we will add China to that list.

ZTE returned to net profit last year after making a loss in 2012. However operating revenue for the year dropped 10.6 percent, its biggest decline on record, to hit the lowest level in three years.

The company is lagging behind Huawei and Lenovo Group Ltd, which are respectively the number three and five in the world by smartphone shipments.

http://news.techeye.net/business/zte...m-in-4g-phones
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