ZTE first half revenue up 15.2 percent to RMB 42.64 billion

Telecom Lead Asia: ZTE has posted 15.2 percent
year-on-year increase in first half revenue at RMB 42.64 billion.

 

ZTE posted 48.5 percent decrease in pre-tax profit at RMB
656 million.

 

ZTE reported operating revenue of RMB 20.89 billion from
the domestic market, accounting for 49 percent of operating revenue and
representing 26.4 percent growth.

 

From the overseas market, ZTE reported operating revenue
of RMB 21.76 billion, accounting for 51 percent of its operating revenue and
representing 6.2 percent growth.

 

ZTE reported revenue of RMB 21.28 billion for carrier
network products, up 3.9 percent.

 

Terminal products revenue was RMB 14.25 billion, up 27.1
percent.

 

Revenue for telecommunication software systems, services
and other products was RMB 7.11 billion, up 33.8 percent.

 

In the first half of 2012, ZTE capitalized growth
opportunities for 4G and wireless products in Asia Pacific markets such as
China, Japan and India.

 

In July 2012, ZTE won an LTE network construction project
with China Mobile in Hong Kong. The completed network will be the first
dual-mode LTE network in the Asia-Pacific region.

 

In April 2012, ZTE assisted Bharti Airtel in India for
its TD-LTE network launch in Kolkata.

 

To date, ZTE has constructed trial and commercial
networks in 19 countries for 33 leading global operators. Of these, nine are
commercial networks.

 

ZTE saw a 70 percent increase in sales in its government
and enterprise business.

 

This was partially due to the company’s launch of data
center products and a series of smart solutions in the government and business
arenas, including Smart Mine, Smart City and the Smart Traffic System.

 

Leading operators in Europe and the United States has
adopted ZTE’s videoconferencing solutions.

 

editor@telecomlead.com