ZTE
ZTE (Chinese： 中兴通讯) (Zhong Xing Telecommunication Equipment Company Limited) is a publicly-owned, Chinese business that designs and builds telecommunications equipment and systems.[1]
 | |
 ZTE corporate campus in Shenzhen, Guangdong | |
Formerly | Zhongxing Telecommunication Equipment Corporation |
|---|---|
| Public; state-owned enterprise | |
| Traded as | Template:Szse Template:Sehk Russell 2000 Component |
| ISIN | CNE000000TK5 |
| Industry | Telecommunications equipment Networking equipment |
| Founded | 1985 (as Zhongxing Semiconductor Co., Ltd.) |
| Founder | Hou Weigui (Chinese: 侯為貴; pinyin: Hóu Wéiguì) |
Area served | Worldwide |
| Products | Mobile phones, smartphones, tablet computers, hardware, software and services to telecommunications service providers and enterprises |
| Total equity |  CN¥35.079 billion (2019) |
| Owner | Zhongxingxin (30.34%); China Aerospace Science and Industry Corporation |
Number of employees | 68,240 (2018) |
| Website | zte |
The company is located in Shenzhen, and was started in 1985[1] ZTE offers a many telecommunications products that provide services, such as video on demand and streaming media to its customers,[2] which are mainly people that provide telecommunications services.[2]
In 1997, the company was listed on the Shenzhen Stock Exchange, and since December 2004 has been listed on the Hong Kong Stock Exchange. It is included in the Hang Seng China Enterprises Index.
ZTE has 13 of its own R&D centers in China, USA, Sweden and Korea.
More than 10% of ZTE's annual income goes to R&D. The company has partnerships with large international companies such as: Intel, Microsoft, IBM, Alcatel, Qualcomm, Analog Devices, Accenture, Texas Instruments, Freescale, Agere Systems and ADI.
References
- ↑ 1.0 1.1 Snapshot of ZTE Corp. (0763:Stock Exchange of Hong Kong Limited) businessweek.com
- ↑ 2.0 2.1 ZTE Corp's Company Description businessweek.com
