ZTE vies for No. 3 vendor spot in global handset market, hopes new devices will lead the charge
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ZTE Corporation wants one of the top three vendor spots in the global handset market by 2015, and the firm is challenging leaders in the market with a range of handsets and tablets announced at the “Mobile World Congress 2012” event in Barcelona.
According to a recent study, industry analyst Gartner ranked ZTE as No. 4 for world handset shipments in Q4 2011, and ZTE smartphone sales are accelerating faster than any other vendor—aside from Apple, of course.
“Our long-term goal for the Terminals Division is to achieve a compound growth rate of above 40 percent per year for five consecutive years from 2010, and to become one of the top three vendors in the global handset market by 2015,” said ZTE EVP and Head of the Terminals Division Mr. He Shiyou in a press release…