Wednesday 2 November 2011

Chinese handset manufacturer ZTE is now the 4th largest globally, by volume

"According to new global handset market figures released yesterday by market research firm IDC, Chinese telecom equipment and terminal manufacturer ZTE had Q3 2011 shipments of 19.1 mln handsets, surpassing Apple to gain a firm fourth-place position with 4.9% of the global market. Nokia and Samsung maintained the first- and second-place positions; LG, in third place, had a 5.4% share of the market. ZTE said that it plans to become one of the world's top three handset makers by shipments over the next three to five years."
Source;  Data from IDC, reported by Beijing News, via Marbridge Daily, 2nd November 2011

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