ICT

ZTE Corporation

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
ZTE Corporation - ICT showcase

Year Founded & Workforce

1984-12-31

68,240 Employees

Industry

ICT

Services

Z

ZTE Corporation Overview

Company Headquarters: Shenzhen, China

Founded: 1985

Workforce: 68,240

Company Working: ZTE Corporation (ZTE) designs, develops, manufactures, and markets information and telecommunication technology products. ZTE has developed a comprehensive telecommunications product line, covering every vertical sector of wireless networks, access & bearer networks, core networks, services, and terminals markets. The company operates through three business segments namely, carriers’ networks segment, government, and corporate business segment, and consumer businesses segment. The company’s carrier network segment includes wireless and wired access, core networks, bearer networks, and telecommunication software systems and services. Its government and corporate segment offers information solutions such as the Internet of Things (IoT), big data, communication networks, and cloud computing products. Under the consumer segment, the company develops, produces, and sells smartphones, home information terminals, and mobile data terminals. Fixed-mobile convergence is catered under consumer business segment. It offers its products and services to various industry verticals including government, finance, transportation, education, and energy. The company has R&D centers in the US, Sweden, and China with 35,000 granted patents out of 75,000 filled patents. It has a global customer in more than 160 countries with presence in North America, Latin America, Africa, and Asia-Pacific.

Strategy

ZTE Corporation primarily focuses on inorganic growth strategies to increase its market share in the competitive market. For instance, in April 2019, ZTE Corporation and Smartfren signed an agreement for 4G network expansion and 5G network trials in Indonesia. The company believes in continuous reinvention and upgrade of its products by increasing investments in innovation, talent, and international expansion rather than limiting the focus to only operational efficiency and short-term profitability. The company also focuses on expanding its market presence and acquiring businesses in niche markets. For instance, in 2017, ZTE Corporation and Nokia planned to expand in India with an investment of USD 870.48 million.

Company Snapshot

$13.24M

Revenue

68,240

Employees

1984-12-31

Founded

Shenzhen, China

Headquarters

SWOT Analysis

Strengths

  • Strong focus on aftermarket sales
  • Robust market presence
  • Strong presence across the globe
  • Diversified product portfolio
  • Extensive presence across the globe

Weaknesses

  • Complex hierarchy resulting in weak decision making abilities
  • Lack of focus on strategic partnership and collaboration
  • Complex organization resulted weak decision-making abilities

Opportunities

  • Rapid growth in digital transformation
  • Opportunities in 5G network deployments for in developing regions

Threats

  • Rapidly changing macro-economic environment
  • Competitive threats such as pricing and introduction of advanced technologies in the communication industry
  • Increasing competition in the market
  • Changing government regulation
  • Rapidly changing macro economic environment
  • Competitive threats such as pricing and introduction of advanced technology in communication industry

Key Developments

DateApproachDevelopment
May 2019Product DevelopmentZTE Corporation unveiled a data center interconnection OTN device, i.e. ZXONE 7000 C2C. This device has the single-fiber transport capacity and can adjust rapidly with network traffic change without disturbing balance with transmission distance and system capacity.
June 2017Product DevelopmentZTE Corporation launched an enhanced optical transport network (E-OTN) product, i.e. M721 CX66A. This product has high integration, energy-saving, maximized capacity, and low deployment cost. The product is used to support future 5G network deployment.

Product Offering

  • ZTE Corporation
    • Big Video fixed-mobile convergence solution
    • MCX

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles ZTE Corporation as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

ZTE Corporation

Starting from
$4,950