ZTE aims for 5-fold smartphone sales growth in 2011 (Reuters)

Sunday, February 13, 2011 6:01 PM

BARCELONA, Spain (Reuters) – China's ZTE Corp aims to acquire its radiotelephone income 30 proportionality to 40 proportionality this year, on par with terminal year, patch it focuses progressively on the smartphone market, a grownup authorised said.

To boost its position in the smartphone market, the concern module start newborn models and a tablet streaming Google's Android code later on Monday.

ZTE sold around 60 meg cellphones terminal year, 34 proportionality more than a assemblage earlier, making it the world's fourth-largest radiotelephone maker.

Lin Qiang, president of ZTE's handset business in Europe, said the concern aims to acquire income volumes at the broad end of the mart to more than 10 meg from around 2 meg terminal year.

The alacritous ontogeny is boosted by ascension demand for the firm's flagship ZTE Blade model, income of which it sees ascension to around 2 meg from 500,000 terminal year.

(Reporting by Tarmo Virki)


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