ZTE Corporation, a global leading provider of information and communication technology solutions, posted its financial results for Q3 of 2022.
The company has achieved an operating revenue of RMB 92.56 billion, an increase of 10.4% compared with the same period last year.
Despite the challenges of the first three quarters of 2022, ZTE relentlessly collaborated with its industry partners and practiced its own positioning as “driver of digital economy”. It strengthened its key technology and product competitiveness during this period by continuing to invest in R&D, with expense reaching RMB 16.11 billion, 17.4% of its 9-month operating revenue.
During the Period, ZTE built its comprehensive DICT product series and solutions in three categories, specifically, efficient digital infrastructure of “connection and computing power”, flexible and agile digital capabilities, and application innovation of APPs services. With the wave of global digitalization and low-carbon development, ZTE achieved year-on-year growth with its operating revenue in both domestic and international markets and the three major businesses (carrier’s networks, government and enterprise, and consumer business) as well.
ZTE in the Philippines
Here in the Philippines, ZTE continues to be the strong backbone and partner of the country’s leading telcos and enterprises.
“ZTE Philippines will continue to be the industry’s solid partner in driving digital economy, with leading innovative solutions and high-quality delivery. True to the ZTE core, we will stay committed to continuous innovations.”
– Wan Min, president, ZTE Philippines
Emman has been writing technical and feature articles since 2010. Prior to this, he became one of the instructors at Asia Pacific College in 2008, and eventually landed a job as Business Analyst and Technical Writer at Integrated Open Source Solutions for almost 3 years.
