Yielding the fastest growth in the industry
18 April 2011, Shenzhen – ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment and network solutions, today announced the company has increased its global market share, from 5.8% in 2009 to 9.2% in 2010 for optical networking (ON) equipment and solutions - according to a recent report by research firm OVUM.
OVUM’s latest report “Market Share: 4Q10 and 2010 Global ON” found that ZTE increased its global ranking from fifth to third in 2009. Its position among the top three global ON vendors can be attributed to its diverse product solutions being deployed both in China and in other overseas markets. In China, ZTE PTN products gained large-scale sales and performed well in terms of 40G deployment. Abroad, ZTE ON products won large-scale commercial WDM (wavelength-division multiplexing) contracts across EMEA, Asia Pacific and South and Central America (SCA), significantly improving ZTE’s market standing in Brazil following a significant sales boost. .
ZTE’s sharp share increase of 3.4% in 2010 was the fastest increase in the industry. Further to this, its single quarter share in 4Q10, according to Ovum, was 10.5%, or nearly double, ZTE’s 4Q09 share of 5.4%. Ovum’s report also noted that theglobal optical networking spend in 4Q10 reached 4.1 billion US dollars, seeing quarterly sales surpassing 4 billion dollars for the first time within the past two years.
Looking ahead into the global ON market for 2011, OVUM projected that 40G/100G WDM products will become increasingly popular, and mobile backhaul upgrades will continue to be a focus for the operators, while the widespread application of new technologies will bring further transformation to market trends.
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