zte corp-h (FZM) Snapshot

ZTE Corp., Board Meeting, Jun 13, 2013. Agenda: To nominate Richard Xike Zhang as Independent Non-executive Director; and to approve the proposal of the candidate for Independent Non-executive Director of the Company for consideration by the Company's general meeting.

ZTE officially launched its new Grand Series Smartphones -- the ZTE Grand S and ZTE Grand Memo -- in Russia; the first country outside of China to sell the smartphones. Combining attractive design with high efficiency -- the phones feature powerful Quad-Core processors running at 1.5 GHz as well as a 13-megapixel camera capable of capturing HD video. In addition to the Grand S and Grand Memo, two more smartphones were introduced: the ZTE Grand X Quad, designed for a younger audience, and the Dual-SIM card smartphone ZTE V880H -- a helpful device for those looking to juggle professional and personal calls. The new smartphones have already gained positive attention at mobile conferences around the world. For instance, both the Grand S and Grand Memo garnered favorable reviews from the world's top mobile experts at the recent Mobile World Congress in Barcelona. Further, the Grand S has also been celebrated at the iF Design Awards 2013. The Grand Series phones feature ZTE Mifavor UI, a new user interface for easy navigation. For instance, due to the ZTE Mifavor UI, one can operate a Grand Memo, featuring a 5.7 inch display, with only one hand. The Grand S also features a large display, which allows the user to enjoy watching films with subtitles or browsing the Internet without having to enlarge specific parts of the pages. All the displays support HD.

ZTE Corporation won an exclusive agreement from Alibaba Group to construct optical transport networks and support the continued rapid growth in Alibaba's e-commerce platforms. ZTE's ZXONE 8700 100G OTN series will be deployed to build Alibaba's 100G transmission network. The first phase of the project will cover four MANs in Hangzhou, Tianjin and Beijing respectively. The ultra-large bandwidth, high capacity, and robust reliability of ZTE's solutions, and the ability to provision a comprehensive range of services will serve the enormous networking needs of Alibaba, and support the continued high-speed growth of Alibaba's operations. ZTE to become a long-term partner for Alibaba's broadband network construction and deployment. The contract with Alibaba is the latest large-scale deployment of ZTE's 100G products in the enterprise and government ICT solutions market.