ZTE to launch LTE devices, expand U.S. footprint

Reuters

ZTE Corp, China's No.2 network equipment maker, plans to launch LTE (long term evolution) devices in the United States along with smartphones based on Microsoft's Mango operating system to expand its U.S. footprint.

The Shenzhen-based company plans to roll out LTE devices in the United States in the second half of this year and aims to launch its Mango smartphones early next year, ZTE's U.S. CEO Cheng Lixin told Reuters in an interview on Wednesday during a company event.

"Phone carriers in the U.S. have expressed a lot of interest and we've said that we'll support Mango. We'll likely see Mango smartphones early next year," the Texas-based executive said.

Earlier in the day, ZTE executives told Reuters that the company planned to introduce Mango smartphones in Europe in the second half of this year.

Microsoft launched an update of its Windows phone software code-named Mango on Tuesday, hoping a host of new features will help it close the gap on smartphone leaders Google Inc and Apple Inc.

ZTE and Chinese rival Huawei Technologies Co Ltd, traditionally in the network equipment business, have been aggressively trying to capture market share in the fast-growing mobile devices sector by rolling out smartphones and tablet PCs.

ZTE expects to ship more than 80 million handsets this year, up by a third from last year's 60 million units, an executive told Reuters earlier this year. Key markets for ZTE's handphones include China, Europe and the United States.

Shipments of its smartphones, which mainly run Google Inc's Android operating system, would rise to 12 million units from 3 million last year, ZTE said earlier this year.

In the fourth quarter of last year, ZTE became the fourth-largest handset maker by unit shipments globally, ranking behind Nokia, Samsung Electronics Co Ltd and LG Electronics Inc, market research group IDC said.

Cheng said the company did not rule out any acquisitions in the mobile devices or cloud computing areas in the United States, though there were no immediate plans.

Cheng's comments came after Hong Kong markets closed. Its Hong Kong-listed shares were down 0.56 percent, lagging the main Hang Seng Index's 0.07 percent rise.

ArticleTools

Related Tags

Featured Big Data Reports

Market Opportunity: Big Data in the Internet of Things
Big Data and Analytics software and applications will play a crucial role in making IoT a success. The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes.

 

Structured and Unstructured (Big) Data in Telecom Analytics
This report provides the reader with a broad understanding of telecom data (structured and unstructured/big data) and related analytics. The report identifies market drivers and opportunities as well as forecasts for certain key growth areas such as deep packet inspection.

 

Telecom Carrier Big Data Operations, Applications, and Services
Telcos have a major advantage in that they have many sources of data but if they want to monetize that data and derive meaningful, actionable analytics it could be challenging due to the complexities of correlation, prediction, and the massive volumes of data from different sources.

 

Affordable Market Reports on Big Data, IoT, CDN & More!
Access the exclusive new series of market research reports brought to you through the partnership of Mind Commerce research and TelecomEngine.com.
Browse the latest titles

 

 

 

Featured Events & Partners

The Telecom Exchange (TEX)
Wednesday, June 24, 2015

Cipriani Wall Street, New York City

Designed to navigate enterprise and carrier network operators through all carrier hotels and colocation houses available in the US and globally.

Visit event website...