For other uses, see ZTE (disambiguation).
ZTE Corporation, also known as 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.[8]
Quick facts Formerly, Company type ...
ZTE Corporation |
 ZTE building in Hi-tech Zone of Nanshan District, Shenzhen, Guangdong |
| Formerly | Zhongxing Telecommunication Equipment Corporation |
|---|
| Company type | Public; state-owned enterprise |
|---|
| SZSE: 000063
SEHK: 763 |
|---|
| ISIN | |
|---|
| Industry | Telecommunications equipment
Networking equipment |
|---|
| Founded | 1985; 40 years ago (1985) (as Zhongxing Semiconductor Co., Ltd.) |
|---|
| Founder | Hou Weigui [zh] (Chinese: 侯為貴; pinyin: Hóu Wéiguì) |
|---|
| Headquarters | 55 Hi-tech Road South
Shenzhen, Guangdong, China
518057 |
|---|
Area served | Worldwide |
|---|
Key people | Li Zixue (Chairman and Executive Director)[1]
Xu Ziyang (Executive Director and CEO)[2] |
|---|
| Products | Mobile phones, smartphones, tablet computers, hardware, software, all series of wireless, wireline, services, devices and professional telecommunications services and services to telecommunications service providers and enterprises[3] |
|---|
| Revenue | CN¥122.95 billion / US $17.68 billion[4] (2022) |
|---|
| CN¥6.16 billion[5] (2022) |
|---|
| CN¥8.08 billion[5] (2022) |
|---|
| Total assets | CN¥180.95 billion[5] (2022) |
|---|
| Total equity | CN¥58.64 billion[6] (2022) |
|---|
| Owner | Zhongxingxin (20.29% in 2022); China Aerospace Science and Industry Corporation |
|---|
Number of employees | 74,811[5] (2022) |
|---|
| Subsidiaries | Nubia Technology (49.9%)
ZTEsoft
Zonergy |
|---|
| Website | www.zte.com.cn |
|---|
Footnotes / references
In consolidated financial statement;[7] shareholders' equity figure are excluding perpetual capital instrument |
Close
Quick facts Simplified Chinese, Traditional Chinese ...
Close
The company is located in Shenzhen, and was started in 1985[8] ZTE offers a many telecommunications products that provide services, such as video on demand and streaming media to its customers,[9] which are mainly people that provide telecommunications services.[9]
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.
