ZTE corners 5% of global smartphone market

ZTEZTE has grabbed five percent of the global smartphone market, catapulting it into fourth worldwide, according to Strategy Analytics. The 11.5 million smartphones shipped in Q2 represented a 79 percent year-on-year increase.

The China smartphone maker will leverage its strengthening position to develop products focused on three key segments: 4G, high-end devices and phones based on newer platforms such as Intel chipsets and the Firefox operating system.

To fuel its development of high-performance products, ZTE plans to unveil its self-developed chipset to power 4G devices at the PT/EXPO COMM CHINA 2013 conference in Beijing in September. The ZTE chipset will be the first in the industry to attain 4G standards in communications and data throughput. 



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