ZTE reported 2009 revenue to date from principal operations of $6. 274 billion, representing growth of 41.27 percent compared with the same period last year. Net profit attributable to the parent company grew 46.13 percent, to $175 million.
The company attributed much of its growth to large-scale 3G network construction in the domestic China market.
Looking to the final quarter of the year, ZTE says it will “continue to strengthen cooperation with mainstream international carriers.” Core to ZTE’s strategy will be to seek increased presence in key markets such as Western Europe and North America while reinforcing its position in the China 3G market.
Earlier this month, Clearwire said that ZTE, along with Alvarion, will support Clearwire’s launch of 4G WiMAX in Spain next year.