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, announced today it has become the global leader in the CDMA base station market, with a 32.6 per cent share in first half 2011.
According to a recent IDC analytical report on the global CDMA market, ZTE has increased its shipments of CDMA base stations steadily in recent years. As of the end of first half of 2011, the company’s shipment of base-stations had exceeded 320 thousand units, pushing it to the No.1 spot in the global CDMA base station market.
ZTE is the first company in the telecoms industry to introduce a CDMA/LTE dual-mode system. This innovative CDMA/LTE product can assist operators with creating smooth upgrades to future networks and faster evolution to LTE systems. This solution, along with the company’s EV-DO Rev. B system has been recognized as industry leading.
The CDMA market global has grown in recent years, especially in Asia Pacific, where it has expanded rapidly. This, coupled with a loss in market share by several established North American CDMA suppliers, prompted ZTE to seek new opportunities in CDMA markets across the globe. Through these efforts, the company has acquired leading market share in several emerging nations such as, China, Indonesia and India. It