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Vringo wins in patent case vs ZTE in Germany

2013-12-17 01:00:00| Total Telecom industry news

Total amount of damages Chinese vendor will be required to pay is still to be determined.

ZTE India aims for INR 50 bln revenue for 2014

2013-12-02 11:20:00| Telecompaper Headlines

(Telecompaper) ZTE India aims to generate INR 50 billion (approx USD 801.85 mln) in revenues in 2014, indicating a revival of investment into building networks by operators, reports The Economic Times. As part of its retail expansion plans, the company will invest USD 10 million in marketing and branding initiatives in India. Chief executive Xu Dejun said that the firm had already clocked over INR 18 billion in revenues in the first half of the financial year and expected to close the year with a total revenue of INR 30 billion.

Tags: for india revenue aims

Report: ZTE Developing Low-Cost Smartwatch

2013-11-26 02:35:51| PC Magazine Cell Phones Product Guide

Chinese telecommunications equipment maker ZTE Corp. is entering the smartwatch market, according to a Wall Street Journal report.

Tags: report developing zte lowcost

ZTE plans smartwatch launch in Q2 2014

2013-11-25 13:36:00| Telecompaper Headlines

(Telecompaper) ZTE plans to launch a smartwatch in the second quarter of next year, according to Lu Qianhao, head of the company's handset marketing strategy. In an interview with the Wall Street Journal, Lu said that ZTE's smartwatch will offer technological features that are similar to existing products such as the Galaxy Gear, but will sell for lower prices as it tries to appeal to China's cost-conscious consumers. "We are focusing on the mainstream market," he said. The company plans to unveil the smartwatch in the first quarter of next year and start selling it in the second quarter, said Lu. ZTE will first sell its smartwatch only in China, but it wants to gradually enter the US and European markets later. The device will only be compatible with ZTE's own smartphones, but the company may consider releasing other smartwatches in the future that will work with all Android smartphones from any brands, Lu said. He said that the company is also considering other possibilities in wearable computing, such as smart glasses and smartphone-connected shoes for healthcare purposes.

Tags: plans launch zte launch plans