zte grandx ZTE becomes worlds fourth largest smartphone maker

ZTE has become the fourth largest smartphone manufacturer in the world, according to a report by the International Data Corporation (IDC), pushing HTC further down the list.

ZTE has become the fourth largest smartphone manufacturer in the world, according to a report by the International Data Corporation (IDC), pushing HTC further down the list.

 
IDC's Worldwide Quarterly Mobile Phone Tracker put the Chinese telecommunications equipment and mobile device firm in fourth place in the third quarter, behind Samsung, Apple and RIM.
 
ZTE shipped 7.5 million smartphones in the third quarter of this year, helping it to take the place of HTC and almost pushing it past RIM, with just a 0.1 percent gap between them.
 
zte grandx ZTE becomes worlds fourth largest smartphone maker
 
The success for the company is attributed to ZTE's expansion to markets outside of China, with 35 percent of the company's shipments coming from international markets, including North America, the UK, Switzerland, Turkey, Italy and Russia.
 
“The performance of our flagship Grand series smartphones has been a major driver of ZTE’s continued growth in the sector,” said Mr. He Shiyou, EVP and Head of the Terminal Division at ZTE. “These include both 3G and LTE devices such as the quad-core Grand Era, the dual core Grand X, and the Intel powered Grand X In. We also launched the world’s slimmest Quad-core Smartphone, Grand Era U985, in Q3.”
 
ZTE is also the second fastest growing smartphone manufacturer, behind Apple, with a 400 percent increase in shipments between 2010 and 2011, when it shipped 15 million units. With 7.5 million sold in the third quarter of 2012 alone, that figure is likely to be significantly higher this year, and we might even see it become the third largest smartphone maker soon.