More than 70 analysts from over 40 well-known telecommunications consulting and financial organizations have attended a global analyst conference staged by ZTE Corporation (Shenzhen: 000063, Hong Kong: 0763), China´s largest listed telecommunications manufacturer and leading wireless solutions provider, in Shenzhen.
The two-day conference was designed to provide ZTE and professional analysts with an opportunity to share insights into the future direction of telecommunications technology and market expansion possibilities. Topics discussed included handsets, wireline and wireless technology.
"The analysts were deeply impressed by ZTE´s fast growth and great achievements in recent years," said Mr Ding.Mingfeng, the vice president of ZTE.
"They were also delighted to have the opportunity to visit ZTE here in Shenzhen and meet some of our senior staff. We expect to have similar events in the future."
ZTE reported a turnover of RMB 21,200 million (approximately US$2,563 million) in 2004, representing an increase of 24.6% as compared to 2003. ZTE´s international market sales also increased by 133.5% over 2003 to reach RMB 4,575.6 million (approximately US$553.28 million), representing 21.5% of ZTE´s turnover in 2004.
At the conference, Mr Yin.Yimin, CEO of ZTE, outlined the Corporation´s understanding of the global telecommunication market and its ambition in the global telecommunication market through key strategies including globalisation, differentiation and brand-building.
"ZTE is no longer a follower in the telecommunication industry, it has become one of the most important players in the global telecommunication market and has achieved leading positions in many areas through continued dedication to its R&D and many other value-added fields. ZTE has been instrumental in changing the pattern of the global telecommunications industry," Mr Yin.Yimin stated.
"The feedback from the participants of this conference has been very positive and ZTE intends to take an active role in the development of telecommunication industry both in China and worldwide." Mr Ding.Ming Feng added.
.png){kind=icon}
.png){kind=icon}
.png){kind=icon}
.png){kind=icon}