ZTE will merge with sub-brands Nubia and Red Magic in 2022

ZTE will merge with sub-brands Nubia and Red Magic in 2022

ZTE will merge with sub-brands Nubia and Red Magic in 2022

Ney Fei, Head of Mobile Devices at ZTE, announced today at the beginning of 2022 that this The company plans to launch new products, including a smartphone with a 400PPI under-display camera, a multi-camera computing product, and the first gaming phone to unveil 165 Hz.

ZTE has performed very well in 2021 with a revenue of 53.1 billion yuan (more than 8 billion dollars) and more than 100% net profit in the first half of the year. 2021 has been registered. In addition, the company currently has the largest market share of 5G CPE (customer equipment) in the world.

Xon 30 ZTE with a selfie camera under the screen

NiFi said that in 2022 three brands ZTE, Nubia and Red Magic will integrate to expand the Chinese market segments. Also, he mentioned that ZTE will increase the number of offline retail stores in other Chinese cities.

  • The world’s first phone with 18 GB RAM And 1 TB of storage memory was introduced

In other parts of the world, the company will adopt different strategies according to the country’s market environment and the differences in 5G development according to national policies. which will be accompanied by the integration of its e-commerce platforms and third parties abroad.

Not to mention, ZTE plans to become a top 500 company in the world in two to three years, with an annual growth rate of more than 200 % in the domestic market of China and maintain more than 50% in the foreign market.

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