ZTE Named World’s 4th Biggest Smartphone Manufacturer

  ZTE Named World’s 4th Biggest Smartphone Manufacturer

Business Wire

SHENZHEN, China -- October 30, 2012

ZTE Corporation (“ZTE”) (0763.Hong Kong /000063.Shenzhen), a leading global
provider of telecommunications equipment, network solutions and mobile
devices, today announced that it climbed one position to become the 4^th
biggest smartphone manufacturer in the world during the third quarter of 2012,
according to IDC, a leading provider of global ICT market research and
advisory services.

The IDC report, Worldwide Quarterly Mobile Phone Tracker, details that ZTE
shipped 7.5 million smartphones in the third quarter of 2012, closely
following RIM with only 0.1 percentage points between them. Number 5 in Q2,
ZTE overcame HTC in the last quarter to rank in the global top four smartphone
providers for the first time.

The IDC data showed that ZTE’s increased market share is due to continued
international diversification efforts in Q3. Traditionally dependent on sales
in China, ZTE has now achieved significant uptake in developed countries with
35 percent of its overall smartphone shipments being sold in leading
international markets, especially North America.

“The performance of our flagship Grand series smartphones has been a major
driver of ZTE’s continued growth in the sector. These include both 3G and LTE
devices such as the quad-core Grand Era, the dual core Grand X, and the Intel
powered Grand X In. We also launched the world’s slimmest Quad-core
Smartphone, Grand Era U985, in Q3,” said Mr. He Shiyou, ZTE EVP and Head of
the Terminal Division.

“To maximize the exposure of these smartphones, we have focused on building
our distribution channels across the world. Our flagship device, the ZTE Grand
X, for example, has now been launched with top distributors in the UK,
Switzerland, Turkey, Russia and Italy,” added Mr Shiyou.

ZTE smartphone shipments for the full year of 2011 were more than 15 million,
an increase of 400% over 2010, making ZTE the fastest growing smartphone maker
after Apple.

Source: IDC Press Release, "Smartphones Drive Third Quarter Growth in the
Worldwide Mobile Phone Market, According to IDC," 25 October 2012. Available:
http://www.idc.com/getdoc.jsp?containerId=prUS23753512

About ZTE

ZTE is a publicly-listed global provider of telecommunications equipment and
network solutions with the most comprehensive product range covering virtually
every telecommunications sector, including wireless, access & bearer, VAS,
terminals and professional services. The company delivers innovative,
custom-made products and services to over 500 operators in more than 140
countries, helping them to meet the changing needs of their customers while
growing revenue. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7
billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion
during the period, accounting for 54.2 per cent of overall operating revenue.
ZTE commits 10 per cent of its annual revenue to research and development and
has leadership roles in several international bodies devoted to developing
telecommunications industry standards. ZTE is committed to corporate social
responsibility and is a member of the UN Global Compact. The company is
China’s only listed telecom manufacturer that is publicly traded on both the
Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share
stock code: 000063.SZ). For more information, please visit www.zte.com.cn.

Contact:

ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
or
AxiCom
Maria Arbalova, +44 20 8392 4058
maria.arbalova@axicom.com