ZTE wins 40% stake in Q1 CDMA handset procurement contract
ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, has won a contract to provide China Unicom with 900,000 CDMA handsets during the operator's 2007 Q1 central procurement period.
Seven vendors in total were named as suppliers in the contract. ZTE won the biggest proportion of the contract, agreeing to provide 40% of the total two million handsets to the operator. ZTE is currently the leading supplier of CDMA handsets to the rapidly growing Chinese market, and has already supplied over 16% of China Unicom's CDMA handsets.
ZTE will provide the award-winning bar style C172 and C300 models and the clamshell style C350. The handsets provided will be customised for China Unicom's urban low-end and rural markets to enable China Unicom to offer a very competitive price, but they will still be able to support multiple value-added services.
China Unicom adopted a central handset procurement model in 2005,and its sales of CDMA handsets rose 20 percent to a record high of eight million in 2006.
ZTE has been providing CDMA handsets to China Unicom for over five years, covering high, middle and low-end markets. In January of this year, China Unicom awarded the "Most Popular CDMA Handset" title to ZTE because of its leading sales figures. By August of last year, ZTE's global CDMA handset shipments had exceeded 10 million, around seven percent of the world market.
Media Contact:
Yina Qin (Rena)
ZTE Corporation
Tel: +86 755 26775213
Email: qin.yina@zte.com.cn
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