ZTE unveils new smartphone and matching VR devices
Adam Zeng, CEO of ZTE Mobile Devices and Chinese pianist Lang Lang, pose at the launch of ZTE's flagship AXON 7 smartphone in Beijing on Thursday.CHINA DAILY Smartphone maker hoping to grab greater domestic market share with AXON 7 Chinese smartphone maker ZTE Corp unveiled its high-end flagship AXON 7 smartphone and its first matching VR devices on Thursday. "The international market accounts for about 70 percent of total revenue and we have performed well in Germany, Spain and Russia, where the sales witnessed a steady growth," said Adam Zeng, CEO of ZTE Mobile Devices. Yu Yifang, vice-president and general manager in China for ZTE Mobile Devices, told media that ZTE is closely monitoring and researching VR for mobile devices and other hot market areas. Consulting company International Data Corporation said that shipments of smartphones worldwide in the first quarter saw the smallest year-on-year growth on record, with Apple Inc and Samsung Electronics Co Ltd being the leaders in market share, followed by Huawei Technologies Co, Oppo Electronics Corp and vivo Mobile Communication Technology Co Ltd. James Yan, research director at Counterpoint Technology Market Research, said: "ZTE is a relatively dutiful enterprise, keeps a low profile and sticks to innovation, research and development.
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