ZTE Corp is a telecom equipment and systems company headquartered in Shenzhen in southern China. It is now one of the world's biggest telecom equipment makers, behind after Ericsson, Huawei, Alcatel-Lucent and Nokia Siemens.

A new strategy at ZTE is expected to transform its operations and expand its businesses over the next five years. Photo: Reuters

ZTE plots new growth strategy after stable first-half earnings

ZTE Corp, the mainland’s largest listed telecommunications equipment manufacturer, predicts further 4G deployment and system upgrades by network operators to fuel its growth for the rest of this year, despite lingering concerns about US export restrictions.