ZTE Corporation recently showcased its latest ICT products and solutions at the Philippine edition of ZTE Day, with the theme "Shaping Digital Innovation."
The event featured innovations in access, transport, and cloud core networks, B2B and B2H solutions, smartphones, and terminal product series, and cutting-edge technologies to expand coverage, capacity, and services.
ZTE Day included sessions on global technology trends such as 5G connectivity, Intelligent Transmission Network, FTTx Evolution and New Smart Home, 5G Cloud Core, and Computing Power Accelerate Digitalization.
The company emphasized its commitment to research and development (R&D), with R&D expenses reaching RMB 21.60 billion, accounting for 17.6% of its revenue in 2022.
In 2023, ZTE aims to continue its momentum, grow its markets, and introduce innovative and industry-first products, leveraging its strong R&D investments and partnerships with key telecommunications players.
ZTE Day Philippines: a glimpse into the future of digital technology
The event focuses on 5G connectivity, intelligent networks, and smart home technologies
At a glance
ZTE Corporation, a leading global provider of information and communication technology (ICT) solutions, recently showcased its latest products and innovations at the Philippine edition of ZTE Day. The event was aimed at industry players, partners, and consumers from various sectors and featured the theme "Shaping Digital Innovation." During the event, ZTE Philippines presented groundbreaking ICT products and solutions, highlighting their potential to create new value in the digital world.
Among the innovations demonstrated were products and solutions for access, transport, and cloud core networks designed to deploy end-to-end, efficient, and green digital infrastructure. ZTE also showcased innovative solutions and best practices for the business-to-business (B2B) and business-to-home (B2H) sectors, aiming to facilitate operators' development of new digital services. The event featured smartphones and various terminal product series to empower full-scenario digital living and cutting-edge technologies intended to push the boundaries of coverage, capacity, and services, unlocking infinite possibilities.
ZTE Day hosted numerous sessions reflecting current global technology trends, such as 5G connectivity, Intelligent Transmission Network, FTTx Evolution and New Smart Home, 5G Cloud Core, and Computing Power Accelerate Digitalization.
A key focus of ZTE Day was the company's commitment to research and development (R&D). In 2022, ZTE strengthened its competitiveness in key technologies and products, with R&D expenses reaching RMB 21.60 billion, accounting for 17.6% of its revenue. This marked the third installment of ZTE Day, with the event also scheduled to take place in countries like Malaysia, Indonesia, Brazil, Nigeria, Ethiopia, and Morocco.
ZTE Philippines expressed excitement about showcasing its cutting-edge technologies to partners, aiming to break the boundaries of coverage, capacity, and services while unlocking infinite possibilities for their businesses. The company remains committed to technological innovation and will continue to make consistent advancements based on customer requirements. ZTE aims to support the Philippines and facilitate global digital transformation.
When asked how ZTE plans to maintain its competitive edge in the rapidly evolving telecommunications industry, particularly in the areas of 5G, IoT, and smartphone innovation, the company cited its strong investments in R&D as a differentiating factor. In 2022, ZTE invested 17.6% of its total operating revenue, or around RMB 21.6 billion, in R&D.
With the theme "Shaping Digital Innovation", ZTE Philippines showcased groundbreaking products and solutions and demonstrated how ZTE’s ICT innovations create new value for the digital world
Looking forward, ZTE envisions a strong future for the company. In 2022, ZTE experienced 7.4% year-over-year growth and received global recognition for its products. The company's Southeast Asian markets continue to strengthen, and ZTE has fostered robust partnerships with key telecommunications players. For 2023, ZTE aims to maintain momentum, grow its markets, and introduce innovative and industry-first products.
As a key player in the global ICT market, ZTE Corporation's commitment to innovation and R&D is evident in its latest products and solutions. By hosting ZTE Day in the Philippines and other countries, the company seeks to engage with industry leaders and partners to drive digital transformation and unlock new possibilities in telecommunications and beyond. With a strong focus on customer needs and a dedication to continuous advancements, ZTE is well-positioned for future success in the ever-evolving telecommunications landscape.