ZTE Corporation ("ZTE") (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, today announced it had secured 18 TD-LTE contracts globally, cementing its place as an international and first-class TD-LTE equipment provider.
These contracts are for trial and commercial networks in 12 countries across Europe, the Commonwealth of Independent States (CIS, or the former Soviet Republics) and the Asia Pacific region, including India.
Since entering the TD-LTE field in 2005, ZTE has achieved sustainable development on TD-LTE wireless systems, chipsets and terminals. So far it has established eight TD-LTE R&D centers in America, Europe and the Chinese cities of Shenzhen, Shanghai, Xi'an and Nanjing. The company has over 4000 elite researchers developing wireless systems, core network products and terminal products simultaneously.
Each year ZTE commits 10% of its revenue developing frontier technologies. It now owns 7% of the world's essential LTE patents, and is one of the companies holding the largest number of independent Intellectual Property Rights (IPR) in the world.
ZTE is actively cooperating with various parties in the TD-LTE ecosystem. The company collaborates on Interoperability Tests (IOT) with mainstream chipset providers such as Qualcomm, Innofidei, Altair, Sequans and ST-Ericsson. It also works to promote the development of the TD-LTE platform and standards. In October 2009, ZTE teamed up with Innofidei to successfully demonstrate the industry's first multi-vendor TD-LTE high-definition video service at ITU Telecom World 2010 in Geneva.
At the end of 2010, ZTE was the first in the industry to launch Qualcomm chipset based TD-LTE terminals and achieved a download rate of nearly 100Mbps.
In January 2011, consulting company Frost & Sullivan released a research report on the Time-Division Duplex (TDD) market, evaluating the competitiveness of companies in the TD-LTE field based on four criteria including technical accumulation, product convergence, product progress and system openness. In this report, ZTE was ranked No.1 in terms of competitiveness.
These contracts are for trial and commercial networks in 12 countries across Europe, the Commonwealth of Independent States (CIS, or the former Soviet Republics) and the Asia Pacific region, including India.
Since entering the TD-LTE field in 2005, ZTE has achieved sustainable development on TD-LTE wireless systems, chipsets and terminals. So far it has established eight TD-LTE R&D centers in America, Europe and the Chinese cities of Shenzhen, Shanghai, Xi'an and Nanjing. The company has over 4000 elite researchers developing wireless systems, core network products and terminal products simultaneously.
Each year ZTE commits 10% of its revenue developing frontier technologies. It now owns 7% of the world's essential LTE patents, and is one of the companies holding the largest number of independent Intellectual Property Rights (IPR) in the world.
ZTE is actively cooperating with various parties in the TD-LTE ecosystem. The company collaborates on Interoperability Tests (IOT) with mainstream chipset providers such as Qualcomm, Innofidei, Altair, Sequans and ST-Ericsson. It also works to promote the development of the TD-LTE platform and standards. In October 2009, ZTE teamed up with Innofidei to successfully demonstrate the industry's first multi-vendor TD-LTE high-definition video service at ITU Telecom World 2010 in Geneva.
At the end of 2010, ZTE was the first in the industry to launch Qualcomm chipset based TD-LTE terminals and achieved a download rate of nearly 100Mbps.
In January 2011, consulting company Frost & Sullivan released a research report on the Time-Division Duplex (TDD) market, evaluating the competitiveness of companies in the TD-LTE field based on four criteria including technical accumulation, product convergence, product progress and system openness. In this report, ZTE was ranked No.1 in terms of competitiveness.
