May 20, 2010 (China Knowledge) - ZTE Corp<000063
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The company also expects its data card sales to account for around 40% of the world's total this year, compared with last year's 35%, and sales revenue to jump 50% from 2009.
Last year, ZTE's terminal shipments, including shipments of cellphones and data cards, were more than 60 million, 33% more than in 2008.
d company's net profit grew 48.06% year on year from RMB 1.66 billion in 2008 to RMB 2.46 billion in 2009 thanks to booming demand for 3G products in the Chinese market.
A top executive said earlier said that ZTE targets a 30% increase in its revenue this year and in the next few years, thanks to its cellphone unit.