ZTE is one of the contributing forces of the 5G standard
At present, major regions in the world are stepping up deployment of 5G, and ZTE also regards 5G as its core strategy. In Li Zixue's view, the company's competitive advantage in the 5G era is reflected in technical strength, 5G cooperation scale and intellectual property rights.
At home, ZTE has been deeply involved in the construction of the 5G network test and test network of the three major telecom operators, and participates in the 5G scale construction nationwide.
Li Zixue said that ZTE's mature 5G end-to-end technology advantage not only provides 5G test and test networks in China, but also actively promotes 5G commercial use in Europe and other regions. In February of this year, during the 2019 World Mobile Congress, ZTE and Italy's Wind Tre and Open Fiber opened the first 5G-based intelligence across the Mediterranean.Mobile phoneThe 5G "Non-Independent Networking" (NSA) video phone, the demonstration is a milestone for European 5G commercial. In April of this year, European telecom operators Orange and ZTE jointly implemented the first 100% 5G call using independent architecture (SA) in Valencia, which is the first experience of 5G SA mode in Europe.
In terms of intellectual property rights, Li Zixue said that "ZTE has become a major force in the contribution of 5G technology standards." He said that ZTE has more than 1,200 3GPP 5G SEP (standard essential patents) and 3,500 patents with 5G strategic layout.
Technology and product advantages are the key to internationalization
In 1995, ZTE officially launched its internationalization strategy and has always adhered to it. At present, the size of the overseas market accounts for about 40% of the group's total.
According to Li Zixue, among the countries that have signed a “One Belt, One Road” cooperation with China, ZTE has more than 100 countries (with projects), mainly providing network communication equipment and terminals for local telecom operators. In terms of scale, the company's overall income in these countries is growing, and the proportion of revenue contribution is increasing year by year. In 2017, revenue contribution accounted for 65% of overseas income.
"ZTE's strong technical research and development strength and excellent product competitiveness are the key to developing an international strategy." Li Zixue said.
The performance forecast released by ZTE shows that in the first quarter of 2019, the company will turn losses into profits and achieve a net profit of 8 to 1.2 billion yuan. This marks the rapid recovery of ZTE's production and production. Li Zixue said that “the core competitiveness of the company must be guaranteed under any circumstances” is an experience learned by the enterprise. He revealed that even in the most difficult period of last year, all internal management costs of the company were being compressed, but the research and development expenses were not reduced, and even additional investment was added.
The upcoming commercial 5G will open the Internet of Everything and bring more space for industry cooperation. "We believe that 5G will greatly promote the integration of various industries and bring more market opportunities to our internationalization strategy." Li Zixue said.
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