Leading Chinese information technology distributor to offer high definition video communications products to prosperous and growing market
Lifesize Communications, the global leader in high definition video communications, today announced the signing of a new agreement with ZTE Corporation (000063.SZ (Shenzhen)/0763.HK (Hong Kong)), China’s leading global provider of telecommunications equipment and network solutions. Under the agreement, ZTE will offer Lifesize’s all-HD video communication product portfolio to ZTE’s national base of customers, resellers and distributors.
ZTE will offer Lifesize high definition video through its extensive network in China. ZTE’s product range is the most complete in the world, covering virtually every sector of the wireline, wireless, terminal and service markets.
“We are honored that ZTE has chosen to partner with Lifesize. Our video communication products compliment their portfolio of advanced telecommunications products that are improving the productivity, quality of life and social harmony of China, With video, even rural areas can participate fully in the social, economic and scientific development of the nation” said William Yu, Regional Director, Lifesize Asia Pacific. “ZTE is a market leader in China, one of our fastest growing and most important markets. Lifesize looks forward to a mutually beneficial and prosperous relationship with ZTE.”
Lifesize’s all-HD video product portfolio is now the industry’s broadest and most affordable high definition product line, ranging from simple point-to-point video systems to highly customized, multi-display, multi-HD camera video systems. All Lifesize products provide stunning quality that delivers an immersive, high definition telepresence experience over existing broadband networks.
“Our partnership with Lifesize reflects ZTE’s commitment to bringing China the best technologies in the world,” says Qian Min, Videoconferencing system product manager, Multimedia & Terminal product department of ZTE Corporation. “We see great potential in high definition video products as customers desire to enrich their communication experience. Lifesize offers high performance systems at low prices unmatched by any competitor. ZTE can now offer our customers the absolute best price performance solutions and propel Lifesize to market leadership in China. ”
ZTE is a leading global provider of telecommunications equipment and network solutions. ZTE’s product range is the most complete in the world, covering virtually every sector of the wireline, wireless, terminal and service markets.
ZTE commits around 10% of its annual turnover to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. It is China’s only listed telecoms manufacturer, with shares publicly traded on both the Hong Kong and Shenzhen Stock Exchanges. ZTE was the only Chinese IT and telecoms manufacturer listed in Business Week 2005’s Information Technology 100 and was also included in BusinessWeek’s 2006 ranking of China’s Top 20 Brands.ZTE offers its customers a unique range of services. The company delivers innovative, custom-made products and services to major operators in the world, helping them to achieve continued revenue growth and to shape the future of the world’s communications.
ZTE has set up 15 research and development institutes in China, USA, Sweden, India, Pakistan and France. The company has set up a complete human resources management system for recruitment, training, appointment and employee motivation.
ZTE has achieved fast market share growth at home and abroad and a considerable proportion of ZTE’s growth is now coming from the international market. The company has established partnerships with over 500 operators in more than 120 countries around the world.