ZTE India has shipped 10.1 million smartphones to India in the second quarter of 2013. During the same time, the total mobile phone shipment stood at 15 million units.
In addition, the Chinese equipment maker is targeting sale of about 1.5 – 2 million smartphones in India through its open market business.
As reported earlier, the company is targeting about $800 million revenues from India in the next one year. This will be split between telecom ($500 million) and terminal ($300 million) business.
The company has also inaugurated its new experience zone in Gurgaon and will invest about $10 million in marketing and branding initiatives in India.
ZTE manages 4G network for top Indian telecommunications carrier Bharti Airtel Ltd’s 4G network in the city of Kolkata. It also manages networks for Sistema’s Indian mobile phone services unit in some areas.
