ZTE Malaysia Congratulates Anwar Ibrahim's Appointment as 10th PM

ZTE Malaysia Congratulates Anwar Ibrahim's Appointment as 10th PM
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ZTE (Malaysia) Corporation Sdn Bhd extends our sincere congratulations on Dato' Seri Anwar Ibrahim's appointment as Malaysia's 10th PM

KUALA LUMPUR (24 NOVEMBER 2022): ZTE (Malaysia) Corporation Sdn Bhd extends our congratulations and best wishes to YAB Dato’ Seri Anwar Ibrahim on his appointment as the 10th Prime Minister of Malaysia following the 15th General Election (GE15).

This has been a long struggle for YAB Dato' Seri Anwar Ibrahim, and we hope that the new government he leads will bring success, stability, peace, and economic growth to all Malaysians.

Indeed, YAB Dato' Seri Anwar Ibrahim's appointment is a well-deserved accomplishment and a significant milestone for Malaysia. ZTE Malaysia is proud to celebrate this accomplishment alongside all Malaysians, and we believe that under his stewardship, Malaysia will advance and become the regional leader in the digital economy.

ZTE Malaysia, a subsidiary of ZTE Corporation, a global leader in telecommunications and information technology, has been contributing to the digital economy and infrastructure of Malaysia since our establishment in 2004. We have been awarded the contract to supply the Digital Nasional Berhad (DNB) IP Router and is also the partner of DNB to provide indoor connectivity solutions nationwide.

Founded in 1985, ZTE Corporation is a provider of integrated telecommunications solutions dual-listed on the Hong Kong and Shenzhen Stock Exchanges. According to the reports of external agencies in September, 2022, the annual shipments of ZTE 5G base stations globally ranked top 2, and the revenue of 5G core network ranked top 2.

Malaysia has always been an important country for ZTE Corporation. We have signed large-scale network construction contracts with TM, Digi and U-Mobile as well as established a 5G lab at MMU Melaka. With these long-term partnerships, ZTE Malaysia’s workforce has expanded to more than 500 whereby more than 80% are Malaysians.

As a global leading technology player with a proven track record, ZTE Malaysia hopes that our cutting-edge technology and capabilities in the digital ecosystem will accelerate Malaysia’s next-generation network and empower digital transformations in Malaysia.

About ZTE Corporation

ZTE Corporation is a global leader in telecommunications and information technology. Founded in 1985 and listed on both the Hong Kong and Shenzhen Stock Exchanges, the company has been committed to providing integrated end-to-end innovations to deliver excellence and value to consumers, carriers, businesses and government and enterprise network customers from over 160 countries around the world to enable increased connectivity and productivity.

ZTE has complete end-to-end product lines and integrated solutions in the communications industry. Through a full range of wireless, wired, service, terminal products, and professional communications services, ZTE can flexibly meet the differentiated and rapid innovation requirements of different operators and government and enterprise customers worldwide. At present, ZTE has fully served mainstream global operators and government and enterprise customers. ZTE insists on Build Stronger Core Competence, continuously enhances R&D investment and core competitiveness. By the end of 2022H1, ZTE had filed over 8,5000 patents worldwide and accumulated over the years 4,3000 patents worldwide. ZTE has filed over 4717 chip patents and has granted over 2062 licenses. Up to now, the patent technology value of ZTE has exceeded 45 billion yuan CNY.

In 2022Q3, ZTE achieved operating revenue of CNY 92.56 billion. ZTE adheres to R&D investment, continuously strengthens core competitiveness, and promotes market share increase. In 2022Q3, ZTE's R&D investment reached CNY 16.11 billion, accounting for 17.4% of its operating revenue.

In terms of operator network business, ZTE actively participates in global 5G construction. ZTE's series of innovative products and solutions are committed to maximizing customer experience and network efficiency, and building the optimal cost-effective 5G network. The share of 5G wireless, 5G core network and 5G bearer products in the domestic operator market is over 30%. According to reports from external organizations in September, 2022, the annual shipments of ZTE 5G base stations globally ranked top 2, and the revenue of 5G core network ranked top 2. The market share of optical network for operators ranked top 3 in the world while the overall market share of fixed network ranked top 2 in the world.The total user capacity of the video system exceeds 200 million, and the market share continues to increase. The full series of 5G power supplies have provided power supply guarantee for over 450,000 5G sites worldwide.