At the meeting, ZTEs management communicated with investors, securities companies and other hot topics such as 5g market competitiveness, 5nm chip business, new infrastructure, complex and changeable overseas market, which were concerned by the outside world. ZTE has always been committed to innovation of 5g technology, continued to strengthen R & D investment in chips, algorithms, core technologies and architectures, and built core competitive advantages at the level of standard patents, key technologies and product safety, Xu Ziyang said. At present, the company has realized the commercialization of 7Nm chips, and the commercialization of 5nm chips will be launched in 2021.
At the same time, ZTE also hopes to return to the mainstream mobile phone brand queue with 5g technology. Terminal strategy is an integral part of ZTE. Said Xu Ziyang. He believes that smart phones in the terminal 5g market will usher in high-speed development, and the group will strive to grasp the market development opportunities of 5g terminals and multimodal terminals. In 2020, ZTE will plan to launch 4-5 core mobile phone products.
As of June 19, ZTE A shares rose 1.16% to 42.87 yuan / share, while Hong Kong shares fell 2.52% to 27.05 Hong Kong dollars / share.
Since this year, the new infrastructure policy has been issued intensively, among which 5g ranks first among the seven major projects, plays a fundamental and penetrating key role, and is regarded as the top priority of the new infrastructure. With the launch of 5g scale deployment, communication network equipment manufacturers, terminal manufacturers and operators are all speeding up the layout. ZTE, as an upstream equipment supplier, is also expected to usher in further development in the 5g era and open a new global market space.
In terms of market competitiveness, ZTE is currently in the first camp of 5g devices. By the end of the first quarter of 2020, ZTE has won the bid for 5gran, 5gsa core network, 5g bearer and other centralized procurement projects of domestic scale operators. At the same time, relying on 5g end-to-end products and solutions, ZTE has 46 5g commercial contracts in the world up to now, covering China, Europe, Asia Pacific, the Middle East and other major 5g markets, and has launched 5g cooperation with more than 70 operators in the world, including three domestic operators, orange, Telefonica, windtre, etc. ZTE is expected to exceed 4G share in China in the future, Xu said. We are confident in the development of 5g in China and have done enough research and development.
In addition, Xu Ziyang also responded to the hot topic of chips recently concerned by the outside world: ZTE has realized the commercialization of 7 nano chips, and 5 nano chips will be commercialized in 2021. He pointed out that in the field of chips, the company focuses on the design and development of communication chips and accelerates the performance improvement. In terms of chip production and manufacturing, the company still relies on global partners for division of production.
When it comes to the complex and changeable international environment, Xu Ziyang said that as early as two years ago, the companys senior management team had formed a unified will to go overseas unswervingly. With the rapid development of science and technology, the space-time distance on the earth has been reduced. We belong to the global village. We need more overseas connections so that enterprises can play a greater role. Our overseas strategy is changing from relatively extensive to more focused, and will focus on value customers.
Xu Ziyang further said: in the process of overseas development, we must pay attention to product safety and transparency, so that customers can rest assured and regulators can rest assured. Since 2018, we have spent more than two years combing the product safety system and system safety system in an all-round way. With a more transparent attitude, we have made operators and regulators believe that ZTEs equipment, every line of code and every piece of hardware are safe. The complexity and uncertainty of the international situation will persist for a long time. In this case, what we have to do is to make our response faster and win customers with good products and services.
In addition, Xu Ziyang also revealed that ZTE has started to develop the next generation of 6G technology. The company has divided a pre research team from the 5g R & D team to develop 6G. We expect that 6Gs business model will not come out until 2030. In this 10 years, we will quietly start to do all kinds of accumulation.
Several 5g mobile phones have been released
In addition to 5g and chip business, the terminal mobile phone business is also a topic of concern to shareholders and securities companies at the shareholders meeting.
The terminal strategy is an indispensable part of ZTE. Although we have gone through some detours, we believe that in terms of the end, especially the 5g and 6G end, it will be the future value. Said Xu Ziyang. He believes that smart phones in the terminal 5g market will usher in high-speed development, and the group will strive to grasp the market development opportunities of 5g terminals and multimodal terminals.
Recently, ZTE issued a document to appoint Ni Fei as the general manager of ZTE terminal business department to take full charge of ZTE terminal business. At present, Ni Fei is also president of Nubia.
Since September 2019, ZTE has successively released several 5g mobile phones, such as ZTE axon10pro, ZTE axon10spro, ZTE axon11, ZTE axon11se, etc.