ZTE Corporation (“ZTE”) hosted a reception attended by top government officials, business partners as well as international and local media to celebrate another corporate milestone – reaching remarkable sales record of 100 million handsets. The occasion aptly billed by the company as ‘100 Millionth Handset Ceremony’ was held in Shenzhen, with ZTE top executives including Hou Weigui, Chairman of ZTE Corporation and He Shiyou, Executive Vice President of ZTE Corporation gracing the event to share the moment with their key stakeholders.
Over the last six years, ZTE has transformed to become one of the most formidable phone manufacturers not only in China but as well as the international market. It started selling its homegrown handsets on large-scale basis in 2002, with initial output reaching 1.8 million units, and by 2004, ZTE has been making 11 million units of mobile phones. To sustain the momentum and keep pace with stiff competition in the global handset arena, ZTE adopted handset business strategy from 2005 and opted to collaborate with global telecom carriers and service providers to further expand its global reach.
ZTE
