ZTE Corp. reported a 7.51% increase in operating revenue to USD 6.87 billion for the nine months ended 30 September 2010. In the same period, net profit attributable to shareholders of the parent company grew 14.21% to USD203.1 million year-on-year. Basic earnings per share amounted to USD 0.0731.
For the system products, the company''s wireless offerings continue to perform in a competitive market. The UniRAN solution based on SDR technology has been well received in the market, said ZTE. Within the wireline product suite, FTTx solutions remain ranked among the top 2 in the world, and the company’s optical transmission products are now ranked at the top 3 in the world for the first time.
Revenue from terminal products grew by 30.53% due to China’s expanding 3G market, the popularity of Android handsets in Europe and the U.S., as well as the data card products. Revenue from the telecommunication software systems, services and other products also grew by 23.94%, reflecting primarily growth in the sales of video, network terminals and service offerings. |