ZTE Corp, the world's No.5 cell phone maker, plans to launch 4G handsets in the second quarter of 2012, aiming to grab more market share by expanding its product range.
ZTE, which competes with Nokia Oyj , Samsung Electronics Co Ltd and China's Huawei Technologies Co Ltd , sees its mobile phone shipments rising 30-40 percent annually over the next three years.
The Shenzhen-based company shipped 35 million handsets in the first half, on track to achieve its target of 80 million units for the year, which would be a third higher than last year.
"We will be rolling out 4G phones in advanced countries first. We are talking to more than one overseas network carrier now," Ding Ning, president of ZTE's handset division, said in an interview.
4G, which refers to the fourth generation of cellular wireless standards, succeeds 2G and 3G technologies currently used in most mobile phones globally.
ZTE, which is due to launch its Skate smartphone on Hong Kong running Google Inc's Android 2.3 and sporting a Qualcomm Inc chipset, has been grabbing market share from more well-known global names with popular products such as Blade.
ZTE ranks behind Nokia, Samsung, LG Electronics Inc and Apple Inc with a 3 percent share in the global mobile phone market in the second quarter, research firm Gartner said.
Ding said the company had seen good sales in emerging markets, such as Latin America, Africa and Southeast Asia, and was unfazed by economic doldrums in the United States and Europe.
ZTE plans to introduce handsets that run on Microsoft Corp's mobile operating system later this year, Ding said.
With top Chinese Internet companies such as Baidu Inc and Alibaba Group recently launching mobile operating systems, Ding said ZTE had no immediate plans to come up with its own platform.
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- SK Telecom to launch Seven 4G Smartphones
- Apple to unveil iPhone 5 next week
- Toshiba unveils Thrive 7- the new Android tablet
- A good online cell phone store
- Amazon to launch a 7-inch tablet
- ZTE to roll out 4G handphones in 2012
- HTC unveils new SmartPhone, Rhyme
- Apple to announce iPhone 5 on October 4
- Nikon unveils first Mirrorless Cameras
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- Volkswagen to buy SUZUKI
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- HTC Sensation XE comes with Beats Audio
- Intel teams with Google on smartphone chips
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- Sprint offering Unlimited Data Plan for iPhone 5
- Apple iPhone 5 available on pre-order from Deutsch...
- Samsung Galaxy Tab 7.7 pulled from IFA
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- Lenovo announces IdeaPad A1: $199 Android Tablet
- Amazon's 7-inch Android tablet coming in November
- HTC unveils 4G tablet, Jetstream
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