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Information about Zte

Zhong Xing Telecommunication Equipment Company Limited
Public
Founded1985
FounderHou Weigui
HeadquartersShenzhen, China
Key peopleYin Yimin, CEO and Hou Weigui, chairman
IndustryTelecommunication
Revenue23,031.7 million RMB (2006)
Net income807.4 million RMB (2006)
Employees39,266 (2006)
Websitewww.zte.com.cn
ZTE (Chinese：中兴通讯）(Zhong Xing Telecommunication Equipment Company Limited) HKSE: 0763 is a global provider of telecommunications equipment and network solutions (GSM, CDMA, CDMA2000, W-CDMA, TD-SCDMA, IMS, NGN, PSTN, SDH, ADSL, IPTV) based in Shenzhen, the People's Republic of China. ZTE was established in 1985 and its shares are publicly traded on both the Hong Kong and Shenzhen Stock Exchanges.

ZTE corporate headquarters are located in Nanshan Hi-Tech Industrial Park, Shenzhen, Guangdong Province, with domestic R&D centers operating in LianTang/Shenzhen, Shanghai (GSM), Nanjing, Xi'an, Chongqing, Chengdu and Beijing (total fourteen worldwide R&D facilities). ZTE University is located in Damaisa, approximately 1.5 hours east of ZTE HQ, and provides training for both staff and clients from around the world. Latest figures (Q4 '06) estimate over 30,000 employees (Chinese & foreign), with approximately 20k inside China. ZTE established a United States presence in 1998. The U.S. headquarters are located in Dallas, Texas.

Products and product deployment

ZTE Corporation's full range of network products cover wireless, data, optical transport, switching, video conferencing, power supply, monitoring, etc. ZTE also provides solutions in narrowband, broadband, wired and wireless products, including a ZTE branded line of mobile handsets. ZTE operates in mainland China, Bangladesh, Hong Kong , the Philippines, Norway, Sweden, Portugal, Brazil, Romania, Pakistan, Nepal, Iran, India, Libya, Benin, Ghana, Nigeria, Zambia, Tanzania, Angola, U.S., UK, Algeria, Tunisia, Russia, Cuba, Argentina, Chile, Australia, Canada and Sri Lanka. Its financial report is audited by Ernst and Young.

ZTE is expanding overseas. A PSTN project in Bangladesh was its first overseas project. ZTE undertook ADSL broadband access projects at 16 venues and press centers for the Olympic Games in Athens 2004. ZTE was awarded a contract from Viet Nam Railways valued at VND1 trillion (62.5 million USD) to upgrade and modernize the railway's signal and telecommunications systems [1]. The multi-million dollar project, with planning started in 2001, includes upgrades on three lines out of Hanoi as well as several junctions within and around Hanoi. ZTE made headway in the international telecom market in 2006 and took 40% new global orders for CDMA networks [2] and topped the world CDMA equipment market in 2006 by number of shipments [3]. ZTE is installing its ZTE Class 5 soft switch system in Global e Networks' London Docklands telecoms hub for IP-based communications between the UK and European markets [4].

On March 13, 2007, Reuters reported that ZTE had received the go-ahead to sell equipment based on 3G in China from the Chinese Ministry of Information Industry [5].

ZTE manufacture several models of 3G mobile phone which are rebranded by Telstra for use on their NextG network. Spanish telecom company Telefónica España will jointly manufacture and distribute 3G mobile handsets with ZTE [6]. Telus of Canada is currently offering the ZTE D90 cellphone with the innovative FastapTM keypad[7].

Legal controversy

Main article: Philippine National Broadband Network controversy


On September 11, 2007, the Supreme Court of the Philippines promulgated a temporary restraining order on the $329-million national broadband network (NBN) contract between the Philippine government and China's ZTE based on separate certiorari suits filed by Iloilo Vice-Governor and former Representative Rolex Suplico and Amsterdam Holdings Inc.'s (AHI) major stockholder Jose "Joey" De Venecia III. The court gave ZTE, 15 days to comment on the injunction. Suplico alleged that the agreement was sealed without public bidding and violated the Telecoms Policy Act, which required privatization of all telecom facilities. AHI was a losing bidder in favor of ZTE. Nueva Vizcaya Congressman Padilla at the Office of the Ombudsman sued DOTC and ZTE officials of violating the Anti-Graft and Corrupt Practices Act, the Telecommunications Policy Act, the Build-Operate-Transfer (BOT) Act and the Government Procurement Act. AHI also petitioned the Court to direct the DOTC to provide copies of the contract, since it should have won the same.[8]

On September 22, 2007, Philippine president Gloria Macapagal Arroyo suspended the $329 million telecommunications broadband contract with ZTE after the bribery scandal sparked major problems in her government.[9]

On September 27, 2007, ZTE petitioned the Supreme Court of the Philippines to lift the TRO alleging, in its urgent omnibus motion, inter alia, that the injunction caused the company millions.[10]

References

External links


A public company usually refers to a company that is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange.
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An entrepreneur (a loanword from French introduced and first defined by the Irish economist Richard Cantillon) is a person who operates a new enterprise or venture and assumes some accountability for the inherent risks.
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Shenzhen
深圳?
Construction work in Shenzhen, next to Shenzhen Railway Station
Location of Shenzhen within Guangdong in China
Country People's Republic of China
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China (Traditional Chinese:
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Industry (from Latin industrius, "diligent, industrious"), is the segment of economy concerned with production of goods. Industry began in its present form during the 1800s, aided by technological advances, and it has continued to develop to this day.
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Revenue is a business term for the amount of money that a company receives from its activities in a given period, mostly from sales of products and/or services to customers.
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Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings.
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Hong Kong Stock Exchange

Founded 1891
Headquarters Central, Hong Kong

Industry Financial Services

Services Share trading
Employees

Parent Hong Kong Exchanges and Clearing
Website hkex.com.
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    For other uses, see GSM (disambiguation).
Global System for Mobile communications (GSM: originally from Groupe Spécial Mobile) is the most popular standard for mobile phones in the world.
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This article or section may be confusing or unclear for some readers.
Please [improve the article] or discuss this issue on the talk page. This article has been tagged since December 2006.
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    CDMA2000 is a hybrid 2.5G / 3G protocol of mobile telecommunications standards that use CDMA, a multiple access scheme for digital radio, to send voice, data, and signalling data (such as a dialed telephone number) between mobile phones and cell sites.
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      W-CDMA (Wideband Code Division Multiple Access) is a type of 3G cellular network. W-CDMA is the higher speed transmission protocol used in the Japanese FOMA system and in the UMTS system, a third generation follow-on to the 2G GSM networks deployed worldwide.
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        TD-SCDMA (Time Division-Synchronous Code Division Multiple Access) is a 3G mobile telecommunications standard, being pursued in the People's Republic of China by the Chinese Academy of Telecommunications Technology (CATT), Datang and Siemens AG, in an attempt not to be
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        The IP Multimedia Subsystem (IMS) is an architectural framework for delivering internet protocol (IP) multimedia to mobile users. It was originally designed by the wireless standards body 3rd Generation Partnership Project (3GPP), and is part of the vision for evolving
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        Next Generation Networking (NGN) is a broad term to describe some key architectural evolutions in telecommunication core and access networks that will be deployed over the next 5-10 years.
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        The public switched telephone network (PSTN) is the network of the world's public circuit-switched telephone networks, in much the same way that the Internet is the network of the world's public IP-based packet-switched networks.
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        Synchronous optical networking, is a method for communicating digital information using lasers or light-emitting diodes (LEDs) over optical fiber. The method was developed to replace the Plesiochronous Digital Hierarchy (PDH) system for transporting large amounts of telephone and
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        Asymmetric Digital Subscriber Line (ADSL) is a form of DSL, a data communications technology that enables faster data transmission over copper telephone lines than a conventional voiceband modem can provide.
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        IPTV (Internet Protocol Television) is a system where a digital television service is delivered by using Internet Protocol over a network infrastructure, which may include delivery by a broadband connection.
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        Shenzhen
        深圳?
        Construction work in Shenzhen, next to Shenzhen Railway Station
        Location of Shenzhen within Guangdong in China
        Country People's Republic of China
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        Anthem
        March of the Volunteers (义勇军进行曲)
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        Shenzhen
        深圳?
        Construction work in Shenzhen, next to Shenzhen Railway Station
        Location of Shenzhen within Guangdong in China
        Country People's Republic of China
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        广东省
        Guǎngdōng Shěng
        Abbreviations: ?  (Pinyin: Yuè)

        Origin of name 广 guǎng - region name
        东 dōng- "East"
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        Shànghǎi Shì
        上海?
        A view of Lujiazui, a financial district in Pudong.
        Location within the PRC
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        Nánjīng Shì
        南京市
        Nanjing city skyline
        Location within China
        Nanjing is highlighted on this map of Jiangsu province
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        Xī ān
        西安?
        长 安 Chang'an
        Night view of Xi'an
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        重庆市
        Chóngqìng Shì
        Abbreviations: ?  (Pinyin: Yú)

        Origin of name 重 chóng ("again")
        庆 qìng ("celebrate")
        i.e.
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        Not to be confused with Chengde.
        Chengdu   (help info ) (Chinese: ; Pinyin: Chéngdū
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