Date
20 July 2018

ZTE smartphone US sales top US$1 bln, paper says

ZTE Corp. (000063.CN; 00763.HK) posted more than US$1 billion of smartphone sales in the United States in 2012, making it the fourth biggest seller in the US market, China Business News reported Thursday, citing Cheng Lixin, chief executive of the company’s US division. ZTE shifted its focus to smartphones after running into regulatory hurdles in the US telecom equipment market. It has established ties with US telecom carriers for its smartphones which account for 4 percent of the US market behind Samsung, Apple and LG, the report said.

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