Thursday, November 01, 2012

ZTE Climbs to 4th Worldwide Smartphone Manufacturer

ZTE

ZTE Corporation, a leading global provider of telecommunications equipment, network solutions and mobile devices, today announced thatit climbed one position to become the 4th biggest smartphone manufacturer in the world during the third quarter of 2012, according to IDC, a leading provider of global ICT market research and advisory services.

The IDC report, Worldwide Quarterly Mobile Phone Tracker, details that ZTE shipped 7.5 million smartphones in the third quarter of 2012, closely following RIM with only 0.1 percentage points between them. Number 5 in Q2, ZTE overcame HTC in the last quarter to rank in the global top four smartphone providers for the first time.

The IDC data showed that ZTE’s increased market share is due to continued international diversification efforts in Q3. Traditionally dependent on sales in China, ZTE has now achieved significant uptake in developed countries with 35 percent of its overall smartphone shipments being sold in leading international markets, especially North America.

Source: IDC Via: ZTE Corporation