ZTE's quarterly revenue rose 13.8%

The rapid growth of handset terminal business is still ZTE (000063). SZ,00763.HK) This year's performance growth momentum.　　Today, ZTE released 2011 quarterly results showed that the first quarter of this year ZTE revenue 15.085 billion yuan, an increase of 13.8%, achieve net profit of 127 million yuan, the year-on-year growth of 15.86%, overall gross margin of 33.66%.　　ZTE said in its earnings that domestic operators remained cautious in their online investments, but that investment in the US and Europe continued to grow steadily, and that sales in developed countries remained fast growing. However, the rapid growth of ZTE in developed countries is still based on mobile phone terminal business. Earnings showed that ZTE's operators ' online revenues grew only 1.57% per cent year-on-year, while handset-terminal products grew 51.04% per cent year-on-year, while revenues from telecoms software systems, services and other products fell by 0.26% per cent year-on-year.　　The figures mean that this year's share of the handset-terminal business, which accounted for 25.51% of ZTE's total revenues, will continue to widen. ZTE has repeatedly said to the "first financial daily", ZTE Mobile phone terminal business is a breakthrough in Europe and the United States and other developed countries, telecommunications operators, through the recognition of ZTE Handset terminal, and then pull network equipment recognition.　　But rival Ericsson has recognized the lethality of ZTE's strategy.　　In early April, Ericsson filed a lawsuit against ZTE in Britain, Italy and Germany, accusing ZTE of using its mobile patent and network infrastructure patents in the three European countries. ZTE said in its earnings reports that the company's revenues from the UK and Germany accounted for a very small percentage of the overall operating income of the group, and that litigation would not have a significant adverse impact on the company's current financial position and operating results. At present, the company has not received the Italian patent infringement lawsuit official material. Responsible Editor: NF045