ZTE reported 1H2011 revenue of RMB 37.3 billion for the first half of 2011, up 21.5% over the first half of 2010. Total profit was RMB 1.27 billion, down 8.7% compared to the same period last year.
In its domestic Chinese market, ZTE reported domestic business revenue of RMB 16.5 billion, representing a year-on-year growth of 6.9% and accounting for 44.3% of its operating revenue.
ZTE's revenue from international markets increased by 36.4 per cent year-on-year to RMB 20.81 billion, accounting for 55.7 per cent of the company's operating revenue.
ZTE's gross profit margin for the reporting period was 29.76%, down 3.69 percentage points from the 33.45% reported for the same period last year.
Revenues from handset sales as a percentage of its total operating revenue increased from 25.35%
for the same period last year to 30.03%.
ZTE shipped 60 million terminal products, including 35 million smartphones in the first six months of the year. This is a 400% increase year-on-year in smart terminal sales. Consequently, operating revenue for the company's handset products as a percentage of total operating revenue increased to 30.0 per cent from 25.4 per cent in the same period last year. Overall gross profit margin for handset products declined to 19.6% from 22.7% previously.
Looking ahead, ZTE said it expects domestic carriers to increase their CAPEX spending in the second half of the year.
http://www.zte.com.cn
In its domestic Chinese market, ZTE reported domestic business revenue of RMB 16.5 billion, representing a year-on-year growth of 6.9% and accounting for 44.3% of its operating revenue.
ZTE's revenue from international markets increased by 36.4 per cent year-on-year to RMB 20.81 billion, accounting for 55.7 per cent of the company's operating revenue.
ZTE's gross profit margin for the reporting period was 29.76%, down 3.69 percentage points from the 33.45% reported for the same period last year.
Revenues from handset sales as a percentage of its total operating revenue increased from 25.35%
for the same period last year to 30.03%.
ZTE shipped 60 million terminal products, including 35 million smartphones in the first six months of the year. This is a 400% increase year-on-year in smart terminal sales. Consequently, operating revenue for the company's handset products as a percentage of total operating revenue increased to 30.0 per cent from 25.4 per cent in the same period last year. Overall gross profit margin for handset products declined to 19.6% from 22.7% previously.
Looking ahead, ZTE said it expects domestic carriers to increase their CAPEX spending in the second half of the year.
http://www.zte.com.cn
is expanding its Chennai (Oragadam) manufacturing facility from 35,000 to 55,000 square meters, and increasing the number of product lines to 33. The company, which now ranks as India's largest international telecom infrastructure manufacturer, plans to export approximately 37% of the facility's production across the Asia Pacific. The expansion will also enable the company to manufacture and distribute new multiradio and LTE products, among other equipment such as GSM and LTE-ready 3G base stations and its FlexiPacket radio. The manufacturing facility will offer energy-efficient equipment to reduce the carbon footprint of new network deployments. It has already started the production of innovative Flexi Multiradio Antenna System, which forms part of Nokia Siemens Networks' Liquid Radio architecture. http://www.nsn.com
