ZTE chairman heralds new period of strategic development

ZTE Chairman Li Zixue said that based on investment and construction in 2018 and 2019, ZTE had established a world-class compliance system, at the 2019 performance briefing meeting of the company on April 17.

ZTE Chairman Li Zixue said that based on investment and construction in 2018 and 2019, ZTE had established a world-class compliance system, at the 2019 performance briefing meeting of the company on April 17.

The goal of the company’s recovery period has been achieved in 2019, and from 2020, the company will officially enter a period of strategic development, he said.

“During the epidemic, the company saw a huge demand for innovative applications in 5G industries, such as new media, security office, tele-medicine, tele-education, multi-dimensional security, and so on. This gives rise to market opportunities such as cloud video, AI, storage, and so on. The company will further strengthen the application of 5G in subdivided scenarios and rapidly develop platform products and solutions for different application scenarios,” Li said.

Li Zixue said that since 2020, the government at the national level has paid great attention to new infrastructure, especially the construction of 5G networks and data centers.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/20/zte-chairman-heralds-new-period-of-strategic-development/.

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