China's ZTE Reports 2004 Sales of US$4.1 Billion, up 169%

ZTE Corporation reported 2004 contract sales of RMB34 billion (approximately US$4,111 million), of which RMB13.6 billion (approximately US$1,644 million) was attributable to international sales, representing a year-on-year increase of 169.5%. The company said sales of handsets for the year 2004 exceeded 10 million sets, up 100% over the previous year. In particular, ZTE cited strength in GSM and 3G wireless technology. The company is now supplying its GSM equipment in over 20 countries.
http://www.zte.cn/English/02news/detail.jsp?CateName=News&ID=2385