ZTE reports operating revenue of RMB 90.74 billion in 2019

ZTE Corporation reported operating revenue of RMB 90.74 billion, registering 6.1 percent growth in 2019.
ZTE China smartphoneRevenue from mobile operators networks reached RMB 66.58 billion, achieving 16.7 percent rise last year. The balance revenue came from devices business and enterprise business.

ZTE’s research and development costs touched RMB12.55 billion, which was 13.8 percent as a percentage of operating revenue, increased by 1 percentage point compared to 12.8 percent in 2018.

ZTE has declared 2,561 families of 5G Standard-Essential Patents (SEP) to the European Telecommunications Standards Institute (ETSI), according to the latest 5G industry patent report of IPlytics and Technical University of Berlin.

The company has started the production of the 7nm chipsets and put them into commercial use on a global scale.

ZTE has carried out 5G cooperation with operators, including China Mobile, China Telecom, China Unicom, Orange, Telefonica, and MTN. To date, ZTE’s cloud core network has been deployed in over 550 NFV commercial/PoC projects worldwide.

Moreover, ZTE’s 5G transport products have been deployed on a large scale. By the end of 2019, more than 40 5G commercial transport networks and existing network pilot sites had been deployed in China, Italy, Austria, and other countries.

ZTE’s core routers were employed at China’s national core nodes in 2019 and have been commercially used in 19 provinces. ZTE’s optical access platform, TITAN, boasts the industry’s highest capacity and integration level, and has been deployed in countries including China, Brazil and Mexico.

With a global total capacity of big video system reaching 130 million lines, ZTE’s 5G Live TV solution has been employed by the three major operators in China for multiple sporting events.

ZTE will unveil nearly 10 5G smartphones, and a total of over 15 5G terminal devices in 2020, covering smartphones, mobile broadband products, and IoT terminal products.

ZTE has partnered with operators to build 4G/5G networks for 210 hospitals in 82 cities of 26 provinces in China. Within only 24 hours, ZTE’s video conferencing system was deployed in Wuhan’s 20 mobile cabin hospitals.