ZTE Corporation
ZTE Corporation is a Chinese multinational telecommunications equipment and systems company based in Shenzhen, China. Established in 1985, ZTE has grown to become one of the major players in the global telecommunications industry. The company specializes in providing a wide range of products and services, including network equipment, smartphones, telecommunications software, and solutions for carriers, enterprises, and consumers.
ZTE has been actively involved in the development and deployment of various telecommunications technologies. The company has played a significant role in the advancement of 3G and 4G technologies, contributing to the expansion of mobile communication networks worldwide. Like its Chinese counterpart, Huawei, ZTE has also been at the forefront of 5G development and deployment, offering cutting-edge 5G infrastructure and devices to support the next generation of wireless connectivity.
In addition to its focus on telecommunications equipment, ZTE is a prominent player in the smartphone market. The company designs and manufactures a wide range of smartphones catering to different market segments, from budget-friendly devices to high-end flagship models. ZTE smartphones are sold in various countries and have gained popularity for offering competitive features at affordable prices.
Despite its global success, ZTE has faced challenges in international markets, particularly in relation to compliance with trade regulations. In 2018, the United States imposed a trade ban on ZTE for violating U.S. export control laws by illegally shipping products to Iran and North Korea. The ban severely impacted ZTE's operations and access to vital components from U.S. suppliers. However, the ban was later lifted after ZTE reached an agreement with the U.S. government and agreed to pay fines and implement corrective measures.
Founded: 1985
Headquarters: Shenzhen, China
Office: 159 Enterprise rd, Chisipiti, Harare East, Harare, ZW
Website: https://www.zte.com.cn/global/