What is the prospect of ZTE?

What is the prospect of ZTE? ZTE Corporation is referred to as ZTE for short. Founded in 1985, it is the fourth largest mobile phone manufacturer in the world, listed in Hongkong and Shenzhen, and listed in China, providing innovative technologies and product solutions for top operators in more than 80 countries and regions around the world. The main products are 2G/3G/4G/5G wireless base stations and core networks, IMS, fixed network access and bearer, optical networks, chips, high-end routers, intelligent switches, government-enterprise networks, big data, cloud computing, data centers, mobile phones and home terminals, smart cities, ICT services, aviation, railway and urban rail transit signal transmission equipment. It can be said that the coverage is very comprehensive and can meet the differentiated needs of different operators. Moreover, at present, the company's 5G standard essential patents rank third in the world. So what is the prospect of ZTE? Let me give you my opinion.

From the perspective of product research and development, firstly, ZTE has the capability of chip design and research, and the shareholders' meeting of ZTE just ended on June 19, 2020. At present, the company has realized the commercialization of 7nm chips and achieved commercialization in the global 5G scale deployment; It also shows that the 5nm chip is being launched, and the launch time should be 202 1 year. ZTE's R&D and design capabilities are definitely industry-leading. They can do R&D and design in the whole life cycle, and their professional knowledge is very hard. Moreover, it was learned in this general meeting of shareholders that by the end of the first quarter of 2020, ZTE had won the bid for centralized procurement projects of domestic operators such as 5G RAN, 5G SA core network and 5G bearer. At the same time, relying on the end-to-end products and solutions of 5G, ZTE has signed 46 commercial contracts of 5G worldwide, covering major 5G markets such as China, Europe, Asia-Pacific and Middle East, and launched 5G cooperation with more than 70 operators around the world, including three major domestic operators, namely Orange, Telefonica and Italian Wind Tre. Although ZTE has spent 1, 2 1 billion on R&D every year since 2065,438+07, it still has no big gains. But in the long run, ZTE has been constantly adjusting in the past three years, and its efforts in these three years should soon get greater returns, and the future can be expected.

From the perspective of financial situation, the 20 16 US export ban threatened ZTE, the largest listed telecom equipment manufacturer in China, and forced ZTE to withdraw from the market. After this incident, it had a great impact on ZTE, and the most direct thing was to affect the company's net profit. However, from the 20 19 annual report released by ZTE in March 2020, it can be seen that the operating income in 20 19 was 90.737 billion yuan, up 6. 1 1% year-on-year. The net profit attributable to shareholders of listed companies was 56,543.8+0.48 billion yuan, a year-on-year increase of 65,438+0.738+0%. It can be seen from these data that in 20 19 years, the enterprise has slowly changed its direction and returned to the right track. Therefore, ZTE's future development prospects are really good.

Personally, I think the most important thing for an enterprise is product research and development and the benefits it can bring to shareholders. Generally speaking, ZTE will have a good development prospect.