#stayhome Maintain the distance, wash your hands, and follow instructions from the health authorities.

POST Online Media Lite Edition



 

42% surge in third quarter ZTE smartphone shipments

Staff writer |
Global shipments of ZTE smartphones were up by a notable 42 percent year-on-year in the third quarter 2014, according to Strategy Analytics.




ZTE also saw a 15 percent year-on-year increase in overall global handset shipments, its fastest growth rate in over two years.

The report from Strategy Analytics revealed that the US market was a particular hotspot for ZTE, where third quarter shipments increased by 40 percent year-on-year. As one of the fastest growing Chinese brands in the region, ZTE ranks fourth overall in the North American mobile and smartphone market and second overall in the US prepaid market.

ZTE's performance in the US has benefited from increased branding and marketing efforts, such as high-profile partnerships with three NBA teams.


The widely acclaimed ZTE Star series has sold over one million devices globally, and the Star 1 is one of ZTE's leading 4G devices. Most recently, the ZTE Star 1 has enjoyed highly anticipated launches in overseas markets such as Malaysia, and the ZTE Star 1 (European Edition) is a number one bestseller in Turkey according to a GfK report.

The large-screen phablet ZMAX - the US version of ZTE Grand series - is expected to sell one million units worldwide. Finally, for ZTE sub-brand Nubia, third quarter sales have almost doubled in the China market, and the series has been successively launched in new markets overseas.

The report from Strategy Analytics concludes by mentioning how ZTE's shift from a volume-driven to a value-driven strategy has achieved good initial results, with revenue, pricing and profit increasing healthily. In future, ZTE looks to further boost its competitiveness and financial position globally.


What to read next

UPS will charge more for deliveries this holiday season
British PM May calls on BA to fix computers, compensate customers
OneSubsea delivers world's first subsea multiphase compressor to Statoil