ZTE Leads Data Card Industry with Impressive 366% Growth

Release Time:2009-08-26
ZTE Leads Data Card Industry with Impressive 366% Growth - ZTE Press Release

ZTE Leads Data Card Industry with Impressive 366% Growth

Date:2009-08-26 ZTE Click:161

7 Million Units Shipped in H1

25 August 2009, Shenzhen, China - ZTE Corporation (“ZTE” or the “Group”) (A share stock code: 000063.SZ /H share stock code: 0763.HK), a leading global provider of telecommunications equipment and network solutions, today announced sales of its Data Card have topped 7 million in first half year of 2009, representing an increase of 366% compared to the same period last year, the fastest growth amongst all manufacturers.

ZTE rapidly expanded its leadership in the Data Card market last year with cumulative sales of more than 10 million in 2008 and 426% year-on-year growth a second place position in the global market. This momentum laid a solid foundation for the company to achieve its goal of capturing 30% of the global Data Card market in 2009. With its ongoing expansion in overseas high-end and emerging markets, ZTE continues to showcase its considerable strength and competitiveness in data card products.

“In addition to strong partnerships and a wide range of cooperation with the three major operators in China, we have successfully established partnerships with leading international operators,” said Zhang Yadong, General Manager of Data Card product lines, ZTE Corporation. “With a growing global customer base, including in Europe, North America and Japan, international sales have contributed substantially to ZTE’s strong Data Card sales in the first half of the year.”

ZTE received 40% of its data card sales revenue in 1H09 fromdeveloped countries in North America, Europe and Japan, attributable to delivery of high quality products to meet growing and advanced market needs. ZTE recently received Data Card orders from T-Mobile, a division of world-class operator Deutsche Telekom, and WILLCOM, the 4th largest operator in Japan. In July, Telenor Group in Norway signed an agreement with ZTE to purchase USB Data Cards in the next 12 months. In addition, ZTE and COSMOTE, the largest mobile operator in Greece, have jointly introduced the world’s fastest-download 3G Data Card, MF662, to the Greece market.

ZTE is one of the few terminals suppliers that provide a comprehensive Data Card product portfolio, including three different 3G technologies (WCDMA, EVDO and TD-SCDMA) and WiMAX. ZTE has long been committed to forging in-depth cooperation with global and domestic operators. Its in-depth product customization capability, fast response to operators’ business needs, strong R&D, as well as the significant achievementsare contributing to its exceptional attainment in its data card business.