ZTE's revenue rises 12.7% in 1H2022 to US$8.65 billion

ZTE reported operating revenue of RMB 59.82 billion (approximately US$8.65 billion) for the first half of 2022, 12.7% higher than a year earlier. Net profit reached RMB 4.57 billion, an increase of 12.0%, and net profit after extraordinary items attributable to holders of ordinary shares of the listed company amounted to RMB 3.73 billion, representing a year-on-year increase of 65.8%. Basic earnings per share was RMB 0.96. 

Despite the challenge of the pandemic, supply chain issues, and a complex external environment, the company operating revenue in both domestic and international markets and its three major businesses (carriers' networks, government and enterprise, and consumer business) all achieved double-digit increase year on year.

Highlights:

• For the domestic market (China), operating revenue reached RMB 40.60 billion, a year-on-year increase of 12.9%, accounting for 67.9% of the total operating revenue.
• For the international market, operating revenue amounted to RMB 19.22 billion, a year-on-year increase of 12.3%, covering 32.1% of the total operating revenue.
• In terms of carriers' networks, ZTE achieved an operating revenue of RMB 38.72 billion , an increase of 10.5%, compared with a year earlier. 
• ZTE has entered into 5G cooperation with over 110 operators across the globe.
• In terms of government and corporate business, ZTE’s operating revenue increased by 18.3% year on year to RMB 6.71 billion during the period. 
• In consumer business, revenue reach RMB 14.39 billion, a year-on-year increase of 16.5% in the first half of 2022. 
• R&D spending reached RMB 10.15 billion, accounting for 17.0% of its total operating revenue.

https://res-www.zte.com.cn/mediares/zte/Investor/20220826/E1.pdf

Read More

ZTE tests co-routing detection in an existing optical network

ZTE completed a commercial trial of co-routing detection in China Mobile’s existing optical network in Yunnan Province, China. 

The trial with the Yunnan branch of China Mobile, involved two scenarios: co-cable routing detection and co-ditch routing detection. The trial result shows that there will be an early warning of active/standby paths in the same optical fiber or route so that it can be avoided in time based on fiber sensing.

According to the verification, ZTE's optical network co-routing detection function can exactly detect co-cable routing of 14 optical cables and 54 fiber cores by dynamic parameter optimization, AI algorithm and experience threshold adjustment. Also, ZTE takes analysis, contrast and on-site specialist inspection to exactly detect co-ditch routing of 12 optical cables and about 20 ditches in 4 core equipment rooms. The verification proves that ZTE can provide the operator with flexible optical network co-routing detection methods, along with real-time, accurate and reliable intelligent O&M measures, which well guarantees service survivability and alleviates the difficulty in dumb fiber resource management.

"The function can effectively solve actual problems in production and operation. Before this, active/standby routes are planned on the resource management map, and routing is determined manually, which leads to high error rate. Additionally, the accuracy of resource management information is hardly under control, thereby increasing routing risks,” said the leader of Network Management Center of China Mobile Yunnan.

“In the original routing detection, people pulled or pushed the cable underground manually, which resulted in low efficiency and service interruption. However, the co-routing detection now leverages dumb fiber resources without service switching. The innovative function remarkably reduces manpower and ensures service survivability while allowing resource management information modifications and route re-planning to avoid service interruption losses," he added.

https://www.zte.com.cn/global/about/news/20220818e1.html

Read More

Canada bans Huawei and ZTE for 5G

Citing security concerns, the Government of Canada banned Huawei and ZTE from participating in the nation's 5G rollout.  Specifically:

• The use of new 5G equipment and managed services from Huawei and ZTE will be prohibited and existing 5G equipment and managed services must be removed or terminated by June 28, 2024.
• Any use of new 4G equipment and managed services from Huawei and ZTE will be prohibited and any existing 4G equipment and managed services must be removed or terminated by December 31, 2027.
•  The Government expects that telecommunications service providers will cease procurement of new 4G or 5G equipment and associated services by September 1, 2022.
• The government further intends to impose restrictions on Gigabit Passive Optical Network (GPON) equipment used in fibre-optic networks.
• During these transition periods, telecommunications service providers that use this equipment and managed services would be required to comply with any assurance requirements prescribed by the government, building from the Communications Security Establishment’s Security Review Program.

https://www.canada.ca/en/innovation-science-economic-development/news/2022/05/policy-statement--securing-canadas-telecommunications-system.html

Huawei's Meng Wanzhou resolves legal case brought by U.S.

Sunday, September 26, 2021  Huawei  

Wanzhou Meng, Chief Financial Officer of Huawei Technologies, reached an agreement with the United States Attorney’s Office for the Eastern District of New York, the Counterintelligence and Export Control Section of the Justice Department’s National Security Division (CES), and the Money Laundering and Asset Recovery Section of the Justice Department’s Criminal Division (MLARS). As a result, the U.S. Department of Justice withdrew its request to...

READ MORE

Read More

Canada's TELUS ships ZTE's Connect-Hub 5G Gateway

TELUS has begun offering ZTE's Connect-Hub 5G Internet gateway for residential fixed wireless service in Canada.

The Connect-Hub 5G Indoor and Outdoor Units support 4G LTE, 5G SA and NSA modes, as well as Sub-6GHz. Advanced antenna technology and algorithms independently select the strongest network signal. The Indoor Unit supports up-to-30 simultaneous Wi-Fi connections and features an innovative antenna that creates a 360-degree dual-band Wi-Fi coverage area.

“Wireless 5G will provide next level speed and connectivity for our wireless high-speed internet customer segments, especially those in rural areas,” said Dwayne Benefield, Senior Vice President, Connected Home & Entertainment at TELUS. “TELUS selected the Connect-Hub 5G™ for its ability to deliver reliable high-speed internet with a simple install for our customers. It supports all our current spectrum bands, in particular our newly acquired 3500 MHz, ensuring customers will be able to reliably stream, conference and game at higher speeds than ever before.”

Read More

ZTE reports record profit for 2021

 ZTE expects its 2021 net profit attributable to holders of ordinary shares will be in range of RMB 6.5 billion to RMB 7.2 billion (US$1.02 billion to US$1.13 billion), an increase of 52.6% to 69.0% year on year. Net profit after extraordinary items for 2021 amounted to RMB 3.0 billion to RMB 3.5 billion, representing a year-on-year rise of 189.7% to 238.0%. Both of them were the highest in the history of the company. Basic earnings per share was RMB 1.40 to RMB 1.55.

ZTE said that despite complex external environment, it continued to solidify its position in 2021 with innovative initiatives while maintaining steady operations and optimizing its market structure. The company achieved double-digit year-on-year growth in operating revenue, with both domestic and international markets and all its three major businesses (operator networks, government and enterprise services and consumer services) seeing year-on-year growth in terms of operating revenue.

In domestic market, ZTE's key products of 5G, core network, transport network, and server & storage products have witnessed continued growth in terms of market share. 

In the overseas market, ZTE benefited from 4G modernization projects, 5G infrastructure deployments, fiber-based transformation of fixed networks, transport network upgrades and home broadband product upgrades. 

In the IT field, ZTE reported operating revenue of RMB10 billion (US$1.57 billion). 

https://www.zte.com.cn/global/about/news/20220128e2.html

Read More

ZTE introduces new compact metro optical platform

ZTE launched its new-generation, compact metro edge optical products aimed at supporting 4G/5G/home broadband/enterprise/cloud services with a large-capacity and unified cross connection for the aggregation layer and access layers.

The ZTE optical omni-gateway ZXMP M721 series is a 6U chassis that can support a maximum of 15 service slots. The series can support 80×10G/100G/200G systems and offers a single-subrack cross-connect capacity up to 2.8T. 

The series supports ODUk/PKT/VC/OSU unified cross connection and services on demand. The platform can also support rigid isolation of fine-granularity services. 

https://www.zte.com.cn/global/about/news/20211014e1.html

Read More

China Mobile awards largest contract to ZTE for high-end routers

ZTE confirmed that it has secured a 50% share of section 4 of China Mobile’s high-end router/switch centralized procurement 2021-2022, which is the largest one in the high-end router centralized procurement of China Mobile, containing the largest number of equipment.

ZTE will provide the routers to take the role of SR (Service Router) and PE (Provider Edge) in such scenarios as cloud private network, network cloud, 5G UPF (User Plane Function), IP private network and MAN (Metropolitan Area Network). ZTE will also provide necessary equipment for the future IP network of China Mobile, especially cloud private networks and 5G transport networks.  

ZTE's high-end router ZXR10 M6000-S supports SR/EVPN/SRv6/BIER. The router employs the in-house NP (Network Processor) to enable the single-slot 1T performance, and reaches the industry-leading standards in forwarding performance, energy-saving and SDN. 

Read More

ZTE's 1H2021 rise 12% YoY driven by consumer business

ZTE reported operating revenue of RMB 53.07 billion (approximately US$8.2 billion)for the first half of 2021, 12.4% higher than a year earlier. During the period, net profit attributable to holders of ordinary shares of the listed company reached RMB 4.08 billion, an increase of 119.6%, and net profit after extraordinary items attributable to holders of ordinary shares of the listed company amounted to RMB 2.11billion, representing a year-on-year increase of 134.2%. Basic earnings per share was RMB 0.88. 

ZTE notes that it achieved double-digit growth in both its domestic and international revenue for the first half of 2021. 

In domestic market, ZTE's operating revenue was RMB 35.95 billion, a year-on-year increase of 13.2%, accounting for 67.7% of the total operating revenue. In international market, the company's operating revenue t rose 10.8% to RMB 17.12 billion, covering 32.3% of the total operating revenue.

• Some additional highlights for 1H2021:
• Operating revenue from the carriers' networks amounted to RMB 35.05 billion
• Operating revenue of its government and corporate business increased by 17.7% to RMB 5.67 billion, with server and storage products services doubling on a year-on-year basis in domestic market. 
• In consumer services, ZTE achieved revenue of RMB 12.35 billion, a year-on-year increase of 66.6%, with revenue of its residential terminal services and mobile devices services rising over 90% and  40% respectively. 
• In the first half of 2021, the company’s R&D spending amounted to RMB 8.86 billion, which was 16.7% as a percentage of operating revenue.

https://www.zte.com.cn/global/about/news/20210827e1.html

Read More

ZTE wins high-end router contract from China Mobile

ZTE won the bid for Section 3 (high-end router level 3) and Section 5 (high end router level 5) with the second highest scores in China Mobile’s centralized procurement of high-end routers for the year 2021-2022.

This is the largest centralized procurement for high-end routers and switches by China Mobile since 2020. The equipment that ZTE provides will be respectively deployed in China Mobile’s MAN core, 5GC network cloud and UPF scenarios in many cities across China.

ZTE’s ZXR10 T8000 and ZXR10 M6000-S products will respectively act as CR in CMNET provincial network and IDC, CE at cloud egress, and UPF CE , to provide key resources for the large-scale development of 5G and cloud-network synergy services of China Mobile.

In China Mobile’s largest centralized procurement of data communication product in 2019, ZTE’s ZXR10 M6000-S series high-end router grabbed the largest share in Section 2 (2T high-end routers) and the second largest share in Section 3 (400G high-end routers) respectively.

Read More

FCC seeks to extend ban on equipment from Huawei, ZTE, Hikvision

 The Federal Communications Commission proposed rules that would prohibit all future authorizations for communications equipment deemed to pose an unacceptable risk to national security.  Specifically, the FCC is would prohibit the authorization of equipment through either the FCC’s Certification or Supplier’s Declaration of Conformity equipment authorization processes.  The proposal also seeks comment on whether to revise rules concerning equipment currently exempted from the equipment authorization requirements to no longer permit this exemption for equipment on the Covered List.

The rule would include communications equipment and services from Huawei, ZTE, Hytera, Hikvision, and Dahua.  

In addition, the FCC seeks comment on possible changes to the competitive bidding rules for auctions to protect national security.

"By reducing our dependence on network components developed by untrusted vendors, we send a strong signal that the United States is committed to developing a market for secure 5G equipment alternatives.  To this end, our ongoing work to foster the development of open radio access networks is important.  Because if we do this right we will have a renewed opportunity for American technology leadership, more competition, better economic security, more resiliency in our supply chains, and improved ability to protect the privacy and data of citizens," stated FCC Acting Chairwoman Jessical Rosenworcel.

https://www.fcc.gov/document/fcc-proposes-ban-devices-deemed-threat-national-security

Read More

ZTE posts 11.8% growth as infrastructure investments in China surge

 ZTE reported operating revenue of RMB101.45 billion (about US$15.6 billion) for 2020, representing a year-on-year increase of 11.8%. Net profit amounted to RMB4.26 billion, a year-on-year decrease of 17.3%, attributable mainly to the relatively substantial growth in net profit for 2019 comprising a one-off income before taxation of RMB2.66 billion from asset disposal during the third quarter of 2019. Basic earnings per share was RMB0.92.

In 2020, ZTE's operating revenue in both domestic and international markets increased year-on-year, with operating revenue in domestic and international markets increased by 16.9% to RMB68.05 billion and 2.7% to RMB33.40 billion respectively.  

In 2020, ZTE's operating revenue in both domestic and international markets increased year-on-year, with operating revenue in domestic and international markets increased by 16.9% to RMB68.05 billion and 2.7% to RMB33.40 billion respectively.  

Some highlights for 2020:

• Year-on-year growth in all its three major businesses:  operator networks, government and enterprise services and consumer services grew by 11.2% to RMB74.02 billion, 23.1% to RMB11.27 billion and 7.8% to RMB16.16 billion respectively. 
• Net cash flows from operating activities for 2020 rose to RMB10.23 billion, a year-on-year increase of 37.4%, setting a new record again. 
• R&D spending amounted to RMB14.80 billion with a year-on-year growth of 17.9%, which was 14.6% as a percentage of operating revenue, 0.8 percentage point higher than that in 2019. 

https://www.zte.com.cn/global/about/news/20210316e1.html

Read More

ZTE's Q3 revenue rises 37.2% to RMB 26.93 billion

 ZTE reported operating revenue of RMB 74.13 billion (approximately US$11.05 billion) for the nine months ended 30 September 2020, representing a year-on-year increase of 15.4%. Net profit attributable to holders of ordinary shares of the listed company reached RMB 2.71 billion, and net profit after extraordinary items attributable to holders of ordinary shares of the listed company amounted to RMB 1.45 billion. Basic earnings per share was RMB 0.59.   

For the three months ended 30 September 2020, ZTE’s operating revenue reached RMB 26.93 billion, representing a year-on-year increase of 37.2%. Net profit attributable to holders of ordinary shares of the listed company amounted to RMB 0.85 billion, and net profit after extraordinary items attributable to holders of ordinary shares of the listed company amounted to RMB 0.54 billion.  

For the first nine months, the company’s R&D expense reached RMB 10.79 billion, making up 14.6% of 9-month revenue, a year-on-year increase of 15.3 %. The company has proposed its fourth A-share option incentive scheme, covering over 6100 employees, in a bid to strengthen the incentives to the top key talents.

As of the end of September 2020, ZTE had secured 55 5G commercial contracts across the globe, in partnerships with over 90 operators worldwide in 5G arena and covering over 500 industry partners.  

https://www.zte.com.cn/global/about/news/20201028e1.html

Read More

Sweden bans Huawei and ZTE for 5G infrastructure

The Swedish Post and Telecom Authority (PTS) issued new license conditions that ban the use of infrastructure products from Huawei or ZTE in new 5G installations in the 2.3 GHz and 3.5 GHz bands.  Four carriers have been approved to participate in the auction for these bands: Hi3G Access, Net4Mobility, Telia Sverige and Teracom.

The Swedish regulatory authority said if existing infrastructure for central functions is to be used to provide services in the concerned frequency bands, products from Huawei and ZTE must be phased out 1 January 2025 at the latest. A further condition is that if central functions are dependant of staff or functions placed in foreign countries, such dependencies must be phased out and, if necessary, be replaced by functions or staff placed in Sweden. This must be completed by 1 January 2025.

https://www.pts.se/en/news/press-releases/2020/four-companies-approved-for-participation-in-the-3.5-ghz-and-2.3-ghz-auctions/

Read More

ZTE and MediaTek complete 5G carrier aggregation using 700 MHz and 2.6 GHz

ZTE and MediaTek announced 5G carrier aggregation verification of 700MHz and 2.6GHz spectrum based on commercial terminal chips. The test occurred in Xi’an, China and used ZTE's commercial 5G wireless base stations and its latest 5G core network equipment, along with the 5G test terminal featuring MediaTek Dimensity 800U 5G-integrated SoC.

The companies verified dual-carrier aggregation of 30MHz over 700MHz and 100MHz over 2.6 GHz, achieving an effective downlink data throughput of 1.849 Gbps.

Committed to the development of 5G industry, ZTE has invested heavily in the development of 700 MHz products, and has actively cooperated with industry partners to accelerate the commercialization of the 700 MHz frequency band.

In addition to releasing a series of 700 MHz commercial products, ZTE has also completed 700MHz SA networks, 700MHz VoNR (Voice over New Radio), and the  end-to-end interconnection tests on 30MHz, so as to strengthen the integration of Sub 1GHz & Sub 6GHz as well as the application research on 700MHz.

Read More

China Mobile tests SRv6 optimization with ZTE

ZTE completed a forwarding-plane multi-vendor interoperability test of an SRv6 header compression optimization solution in partnership with China Mobile.

The SRv6 optimization solution is an improvement and supplement to the standard SRv6 solution. It can support all SRv6 functions while reducing the size of the header by 4 times. In addition, it can effectively solve the problems such as high encapsulation overheads of 128bit SRv6 SID, low forwarding efficiency, and high hardware requirements for packet header processing, thereby significantly increasing the transport efficiency and strongly boosting the commercial deployment of the SRv6 technology.

The two companies are conducting follow-up tests and pilot trials of the G-SRv6 optimization solution in existing networks. These pilot trials should be complete by November 2020.

Read More

Thailand's True picks ZTE for 5G

True Corporation Public Company Limited (True) has selected to build a commercial 5G network in Thailand.

True, a fully licensed operator in Thailand, with a 30% market share in the mobile market of the country, will adopt ZTE's 5G RAN products and services to build a commercial 5G network in Thailand. Specifically, ZTE will provide True with a series of products, including 5G 64TR/32TR/8TR/4TR macro stations and single-band/multi-band indoor QCell, to build a full-scenario and high-performance tri-band 5G network on 700MHz, 2.6GHz and 26GHz.

Read More

China Telecom launches 5G SA Massive MIMO 1+X SSB

The Hunan branch of China Telecom has launched China’s first commercial 5G SA Massive MIMO 1+X SSB (Synchronization Signal and PBCH block) site with three-dimensional coverage on 3.5 GHz using equipment from ZTE.

ZTE claims that the 5G 1+X SSB site offers a better coverage compared with the traditional seven-beam sites, and that its solution can increase the data rate in the weak coverage areas by 49.5%. On the 29th floor with very weak signal, the downlink rate has stably reached over 100Mbps after the new site has been set up. In addition, the power consumption has been reduced by 5% to 10% during the low traffic periods, hence a lower TCO.

Read More

South Africa's MTN offers 5G indoor CPE from ZTE

MTN, one of the leading telecommunications operators in South Africa, has begun offering the ZTE 5G Indoor CPE MC801A wireless router.

The  ZTE 5G Indoor CPE MC801A, which boasts Wi-Fi 6 access technology, will enable customers to access 5G in all 5G-enabled areas of South Africa. It also features ZTE's “Smart ANT” algorithm enabling the unit to independently select better signals.  It operates over both NSA & SA 5G Networks.

“ZTE has always been at the forefront of 5G commercialization and our end-to-end solutions have been ready for the market,” said Bob Zhou, Director of Mobile Division at ZTE Corporation South Africa. “ZTE has been committed to developing a series of diversified 5G terminal devices portfolio, to satisfy the diverse requirements of operators, enterprise users, and consumers in multiple service scenarios. Our key objective is to empower the digital life in the near future  and accelerate digital transformation.”

Read More

FCC designates Huawei and ZTE as National Security Threats

The FCC officially designated Huawei and ZTE, as well as their parents, affiliates, and subsidiaries, as national security threats.

As a result of the designation, money from the FCC’s $8.3 billion a year Universal Service Fund may no longer be used to purchase, obtain, maintain, improve, modify, or otherwise support any equipment or services produced or provided by either company. 

“With today’s Orders, and based on the overwhelming weight of evidence, the Bureau has designated Huawei and ZTE as national security risks to America’s communications networks—and to our 5G future,” said FCC Chairman Ajit Pai.  “Both companies have close ties to the Chinese Communist Party and China’s military apparatus, and both companies are broadly subject to Chinese law obligating them to cooperate with the country’s intelligence services.  The Bureau also took into account the findings and actions of Congress, the Executive Branch, the intelligence community, our allies, and communications service providers in other countries.  We cannot and will not allow the Chinese Communist Party to exploit network vulnerabilities and compromise our critical communications infrastructure.  Today’s action will also protect the FCC’s Universal Service Fund—money that comes from fees paid by American consumers and businesses on their phone bills—from being used to underwrite these suppliers, which threaten our national security.”

• In November 2019, the FCC unanimously adopted a ban on the use of universal service support to purchase, obtain, or maintain any equipment or services produced or provided by companies posing a national security threat to the integrity of communications networks or the communications supply chain.  

Read More

India looks to limit Huawei and ZTE in infrastructure

Amid ongoing border tensions, the government of India is likely to restrict the role of Chinese vendors, specifically Huawei and ZTE, in future infrastructure projects.

The Economic Times (ET) reported that the government will restrict a tender by state-owned BSNL to expand its 4G footprint to exclude Huawei and ZTE. Furthermore, Jio is said to be making progress with home-grown 5G technology and would also likely exclude Chinese vendors going forward.


https://www.sundayguardianlive.com/news/dependence-china-telecom-sector-makes-india-vulnerable

Read More