Company aims to achieve at least 10% of LTE EP share by 2012
SHENZHEN, China, Tuesday, January 11th 2011 [ME NewsWire]:
(BUSINESS WIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, today announced that it is now one of the leading vendors in the world of essential patent (EP) for LTE standards, securing 235 of these patents.
ZTE also has a 7% share of the total LTE essential patents declared on the Intellectual Property Rights (IPR) online database of the European Telecommunications Standards Institute as of 30th November 2010. ZTE’s patents are an indication of its powerful capabilities in terms of LTE research and development.
This share of LTE essential patents is a result of ZTE’s continuous R&D investment in the LTE-related key technologies since 2004. As of the end of 2010, ZTE had submitted more than 6800 proposals to 3GPP, of which more than 3900 proposals involved LTE/SAE technologies, and had made more than 2900 LTE-related patent applications.
Looking ahead, ZTE aims to increase its current share of LTE essential patents from 7% to 10% by 2012, according to Mr. Hu Jian, Vice President of ZTE. The company will also commit more R&D resources to accumulate essential patents and adopt a pro-active approach in improving 4G and incubating 4G+ standards.
“With LTE essential patents being evenly distributed among different vendors, we believe that it will be helpful to provide a comparatively healthy and balanced IPR licensing environment for the development of the 4G industry,” said Mr. Hu.
He also emphasized that ZTE had been committed to following the FRAND (fair, reasonable and non-discriminatory) principle for any company wanting to achieve a patent license from ZTE Corporation. As the migration of 3GPP standards, there is no doubt that ZTE will contribute more essential solutions to LTE and its evolved standards.
About ZTE
ZTE is a leading global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while achieving continued revenue growth. ZTE’s 2009 revenue led the industry with a 36% increase to USD 8,820.7 million. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
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