ZTE Signs Patent-Licensing Deal With Microsoft Over Smartphones

ZTE Signs Patent-Licensing Deal With Microsoft Over Smartphones

Simon Dawson/Bloomberg

An employee photographs herself with a ZTE Corp. Grand Memo smartphone at the Mobile World Congress in Barcelona. ZTE had 4.4 percent of the global smartphone market in the fourth quarter of 2012, making it the fourth-biggest manufacturer of smartphones, just behind Huawei. Technologies Inc.