ZTE's net profit increased by more than 30% last year

Sunyan in spite of the Indian Communications Equipment Security Review and the European Union's anti-dumping on China's data card products, but relies on handset terminal business, ZTE (000063.SZ,00763.HK) last year's overseas market income still achieves the reverse city growth. Yesterday, ZTE released a 2010-year earnings show, 2010 ZTE revenue of 70.264 billion yuan, an increase of 16.58%, achieve net profit of 3.25 billion yuan, the year-on-year growth of 32.22%, the company's overall gross margin of 32.63%, a slight increase year-on-year.　　Among them, the overseas market income of 38.066 billion yuan, an increase of 27.45%, accounting for the company's overall operating income of 54.18%. Last year, ZTE Mobile phone terminal revenue of 17.927 billion yuan, an increase of 37.15%, accounting for the proportion of total revenue from 2009 from 21.76% to 25.51%, increased by 3.75%.　　And the rapid growth of mobile phone terminal income has completely changed the pattern of ZTE's overseas market. Among them, excluding China's Asian market share of income from 2009 to 21% to 18%, Africa's market share from 2009 11.4% to 15%, Europe and the United States and Oceania market share from 2009 16.28% to 21%, become ZTE's largest overseas market,　　More than the previous Asian market dominated by the Indian market. In addition, last September, the EU anti-dumping incident on China's data card products was completely terminated in March this year.　　And that means ZTE can continue to take a beating in Europe and the US this year. But for ZTE, the biggest challenge in the future is how to break through the 4G Internet market that is emerging in overseas markets. ZTE is lagging behind the development of LTE 4G network technology compared to Huawei and Ericsson, a telecoms expert said.