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Wednesday, April 24, 9:03 AM Microsoft (MSFT) adds ZTE (ZTCOY.PK) to its stable of Android licensees a week after having struck a deal with Foxconn. In a blog post, exec Horacio Gutierrez boasts "80 percent of Android smartphones sold in the U.S. and a majority of those sold worldwide are covered under agreements with Microsoft." Though Microsoft keeps terms confidential, the reported royalty rates and Android's staggering growth suggest Android licensing might now be a $1B+/year business, and a key reason why the E&D unit grew 33% Y/Y last quarter in spite of Xbox weakness. Android is almost certainly a more profitable OS for Microsoft right now than Windows Phone. 2 Comments [Tech]
Tuesday, March 5, 1:38 PM Intel's (INTC +1.4%) foundry business could account for 6% of its sales and boost EPS by $0.12 in 2017, estimates JPMorgan with the help of some back-of-the-envelope math. The firm thinks Cisco (previous) and Brocade will be the next companies to be named as clients, and considers Apple a real possibility. Separately, Intel and ZTE (ZTCOY.PK) announce ZTE will use Intel's Z2580 (Clover Trail+) mobile processors. ZTE already makes use of the original Clover Trail. (Intel/Altera) 1 Comment [Tech]
Monday, February 25, 2:53 PM Qualcomm's (QCOM +0.9%) Mobile World Congress announcements include: 1) Baseband modems for tablets/laptops/data cards that (in lab tests, at least) enable 150 Mbps 4G downloads. The chips will go into commercial hardware in 2H, giving them a head start on rival offerings from Broadcom. 2) A partnership with Deutsche Telekom to enable apps for M2M hardware using Qualcomm baseband chips. 3) The ZTE (ZTCOY.PK) Grand Memo, the first Android phone to use a chip from Qualcomm's high-end Snapdragon 800 line. (previous) Comment! [Tech]
Thursday, February 21, 2:56 PM Nvidia (NVDA) has landed ZTE (ZTCOY.PK) as a client for its Tegra 4 app processor and i500 4G baseband processor. Though Nvidia has suggested volume shipments for the Tegra 4 won't start until the end of the July quarter, the chipmaker says a ZTE phone featuring the chips is expected in 1H. ZTE, whose phone sales to emerging markets have been growing quickly, also buys processors from Qualcomm, Intel, and MediaTek. (SemiAccurate report) 1 Comment [Tech]
Friday, December 28, 2012, 7:39 PM ZTE Corp. (ZTCOY.PK) is set to ramp up competition in the crowded U.S. smartphone market with higher-end gadgets and closer ties with carriers, as it aims to become one of the world's top three smartphone brands. ZTE handset chief He Shiyou says success in the U.S. and China markets are key to its ambitions. "If you don't get these two markets right then you can be eliminated as a player," says Mr. He. 1 Comment [Global & FX, Tech]
Monday, October 15, 2012, 3:29 AM ZTE shares plunge 15.1% in Hong Kong after China's second-largest telecom-equipment maker warns that it will make a Q3 loss of up to 2B yuan ($319.1M). ZTE blames a delay in some overseas deals and a large number of low-margin contracts in Europe, Asia and the domestic market. U.S.-listed shares on watch include ALU (-1.7% in Paris), ERIC (-0.85% in Stockholm), CSCO, JNPR,CIEN, MMI, BBND. (PR) Comment! [On the Move, Tech]
Monday, October 8, 2012, 11:06 AM The House's Intelligence Committee has recommended Huawei and ZTE be shut out of the U.S. telecom equipment market due to security fears caused by their Chinese government ties. Unclear is whether the committee's stance will affect only infrastructure sales, or also the companies' U.S. mobile phone sales, which are growing quickly. Either way, infrastructure rivals such as CSCO, ALU, ERIC, CIEN, and TLAB must be pleased. (previous) (Huawei IPO rumor) 5 Comments [Tech]
Monday, October 8, 2012, 9:55 AM More on Vringo: The company announces it's suing ZTE's (ZTCOY.PK) U.K. unit over 3 patents deemed to be infringed by ZTE's mobile phones and infrastructure gear. The patents appear to be among those Vringo (VRNG +15%) recently acquired from Nokia, and could likely just as well be used in suits against other mobile hardware vendors. Some of the Nokia patents were declared to be standards-essential, and probably need to be licensed on FRAND terms. (PR) 3 Comments [Tech, On the Move]
Friday, September 14, 2012, 5:39 PM Huawei and ZTE (ZTCOY.PK) execs tried to soothe concerns about the security risks posed by their networking and telecom gear while speaking before a House committee. But the committee wasn't pleased with the companies' unwillingness to share documents detailing their ownership structures and Chinese government ties. Security fears have led Huawei and ZTE to be locked out of major U.S. and foreign contracts, to the benefit of rivals such as CSCO, ALU, and ERIC. (previous) Comment! [Tech]
Wednesday, August 22, 2012, 6:26 PM The Chinese mobile baseband chip market is getting crowded: Broadcom (BRCM) says it's is working to build relationships with Chinese smartphone OEMs, including fast-growing ZTE (ZTCOY.PK), and is developing chips for phones that run on China Mobile's TD-SCDMA 3G network. Broadcom's moves will put the company into more direct competition with Spreadtrum (SPRD) and MediaTek, and open up a new area of competition with Qualcomm (QCOM) and Marvell (MRVL). (previous) Comment! [Tech]
Friday, August 3, 2012, 1:02 PM Samsung (SSNLF.PK) and its estimated ~50M smartphone sales accounted for 45% of the Android phone market in Q2, claims Horace Dediu. Fast-growing Chinese OEMs Huawei and ZTE (ZTCOY.PK) had a 16% share between them. Struggling Sony (SNE), Motorola, HTC (previous), and LG saw their combined share fall to 26%. Motorola can rely on Google's (GOOG) checkbook to handle its R&D and marketing needs, but the others are in a tougher spot. Comment! [Tech]
Tuesday, July 17, 2012, 7:03 PM Alcatel-Lucent's (ALU -19%) and ZTE's (ZTCOY.PK) warnings (I, II) are proof investors can't count on mobile data growth to give a big lift to capex, says Tero Kuittinen. Especially not when much of the spending comes from Euro carriers struggling with weak sales and huge debt loads at a time when local credit markets are in turmoil. In Alcatel and ZTE's cases, China isn't of much help either. Rival Ericsson (ERIC -0.8%) has relatively moderate Chinese exposure. 3 Comments [Tech, Quick Ideas]
Monday, July 16, 2012, 11:48 AM Some telecom equipment names slump after ZTE (ZTCOY.PK) becomes the latest vendor to warn. CIEN -3.2%. ALU -3.1%. ERIC -1.4%. Particularly worrisome may be ZTE's remarks about delayed orders from Chinese carriers, given how China, thanks to its heavy broadband spending, has remained an area of strength amidst a soft telecom capex environment. ZTE has also emerged a top-5 mobile phone vendor, thanks partly to strong Android sales. (Adtran) (Calix) (Acme Packet) Comment! [Tech, On the Move]
Monday, July 16, 2012, 3:06 AM Despite hopes of additional stimulus, Chinese stocks fell heavily on earnings concerns; benchmark index -1.8%. In particular, ZTE Corp., China's second-largest telecom maker, fell by the daily trading limit of 10% after warning H1 profits may have declined as much as 80%. 1 Comment [Global & FX, On the Move]
Wednesday, June 27, 2012, 9:34 AM Though Android has taken a huge chunk of the Chinese smartphone market, much of the benefit is going to local vendors. Digitimes predicts China-based Huawei, ZTE (ZTCOY.PK), Lenovo (LNVGY.PK), and Coolpad will take 40% of the market in 2012, which expecting total sales to hit 140M units. Apple (AAPL - previous) and Samsung (SSNLF.PK) are expected to take another 40%. That could leave little room for Nokia (NOK - previous), Motorola Mobility (GOOG), and others to maneuver. 2 Comments [Tech]
Wednesday, May 30, 2012, 10:54 AM Sensible regulatory scrutiny or trade protectionism? The EU is reportedly gathering evidence proving Chinese IT/telecom equipment giants Huawei and ZTE (ZTCOY.PK) have benefited from government subsidies, and plans to take action (ed: Chinese solar vendors can probably sympathize). The companies (Huawei especially) have been taking share from Euro telecom equipment vendors such as ALU, ERIC, and NOK thanks to aggressive pricing and a win-at-all-costs attitude. Comment! [Tech]

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Zte Corporation