ZTE, China Unicom launch into the new era with the WoStore:
The ZTE Corporation formerly known as “Zhongxing Semiconductor Co. Ltd” was incorporated in 1985 by a group of investors in association with China’s Ministry Of Aerospace. Now being the world’s 4th largest Mobile equipment & systems provider. – Currently located in Shenzen China. The company officially changed it’s name during March Of 1993 to “Zhongxing New Telcommunications Equipment Corporation.” Then again changing it’s name in 1997 to “ZTE Corporation.”
Measuring the company’s 2012 annual unit sales ZTE is the world’s 5th largest telecommunications equipment manufacturer. The core of the company’s products are Data Telecommunications Hardware and Software. Over the course of the last couple years, ZTE Corporation has continued to thrive with it’s devices. As of 2013 the company ranked 4th worldwide for it’s Mobile and Smarthphone empire. Although ZTE has created a strong foundation selling it’s products domestically, the company will begin expanding it’s sales overseas by marketing it’s services to developed nations capable of implementing their mobile device technology.
After a decade of development, 2009 was the year the company officially became the world’s 3rd largest GSM Vendor. ZTE distributes Telecom equipment in over 140 countries, 20% of all GSM-Technology was sold by the ZTE Corporation. According to IDC’s Top 5 Smartphone vendors, the company holds an outstanding 5% market share. With over 48,000 patents worldwide, China Unicom is ranked as the No.1 Patent Application Platform. 10% of annual earnings are then invested into furthering data research and mobile development.
Chinese Telecom Operators announce new App Store:
In other big news, 2010 was the year of the “Wo” as ZTE and China Unicom jointly launched their new Mobile Application platform. Designed entirely by ZTE, the Wo branded app store will serve as a gateway for all PCs, wireless mobile and tablet devices. The Wostore, which is named after the WO+ brand of 3G-Technology is a key element to Unicom’s growth strategy. The mobile operators will provide a powerful service platform as users are given “pay-per-download” access on the community market. Not to mention developers will have the option to launch independent applications on the WoStore’s developer portal.
The Chinese mobile operators will be taking their 3G Mobile Internet Service into the next generation with it’s cross platform App Store. The intrinsic value of the WoStore alone has well increased China Unicom’s subscriber base by 3 million new registered users, while raking in a total of 60 million in downloads it’s opening year in 2010. With over 162 Million registered subscribers these figures aren’t the least bit surprising, as China Unicom is the second largest telecommunications company in the world. To expand the development of the WoStore’s 3G Services, ZTE and Unicom will support over 1,000 WCDMA (UMTS) and over several hundred different smartphone models – which will be compatible on all platforms. Jointly, the companies will also provide intelligent payment systems which will allow the user to pay on a flexible pay-period schedule, while also capitalizing on data mining information and creating content rich applications.
The WoStore also known as the ” UniStore” expects the user group to reach 16 million new subscribers while exceeding 190 Million downloads as of 2011, and reaching 53 Million subscribers while surpassing 680 Million in downloads as of last year.