ZTECorporation has the highest industry sales growth in the area of Optical Networking(ON)last year,according to the report published by international research firm Ovum entitled″Market Share 4QO7 and 2OO7 Global ON″.The company's ONproducts'sales grew by 12O%in 4Q 2OO7 compared with that of 2OO6,the report revealed.The Ovum report analyzes quarterly results of different ON solution vendors,including ZTE's,and compares that with the sales figures recorded in the previous year.
The Ovum's Optical Networking Market Analysis by segment ranks ZTEsecond in terms of global market share for LH Dense Wavelength Division Multiplexing(DWDM)and ADM area,proving that ZTE's continuous efforts in investing and developing new optical technology is paying off.Market-wise,Ovum predicts global ON spending to reach$16.4 billion by end of 2OO8,laying ahead enormous market opportunities and increasing bandwidth demands in all regions.
″It is a significant accomplishment for us that our ON products have successfully penetrated more than 9O countries worldwide,including APAC,Europe,North America,Africa and Middle East.We partner with multinational telecom companies and carriers to deliver high-quality ONsolutions that meet the rapidly accelerating demand for high-end optical networking products,″said Mr.Han Ling,ZTE'sgeneral manager of optical network products,″ZTEis fully committed to expanding our ON product portfolio in the years to come to address the market needs for higher bandwidth,as well as to sustain sales growth of our optical networking product range.″