ZTE Phones Drop 48% in US Prepaid Market in Q3

- Advertisement -

At least every prepaid carrier in the US offers ZTE devices and ZTE accounts for nearly 14% of the phones carried by some of the prepaid operators

Chinese multinational ZTE, which was once dominating the prepaid market in the US, is vanishing from the prepaid operator’s portfolio as the volume of ZTE phones in the American prepaid market has declined by 48%% during the June-September quarter of 2018, according to data and analytics company GlobalData.

The analytics company cited the company’s troubles with the US Government for the decline in numbers of ZTE phones.

- Advertisement -

US carriers are wary

GlobalData further said that the sudden decline in the number of ZTE phones indicates the wariness on the part of telecom carriers in the US to associate with ZTE because of political pressure.

Commenting on the report, Anisha Bhatia, Senior Analyst at GlobalData, said that the American carriers are the gatekeepers for sale of smartphones in the US market. They are highly prone to risks in the heavily regulated US market.

According to the GlobalData, at least every prepaid carrier in the US offers ZTE devices. The Chinese multinational accounts for nearly 14% of the phones carried by some of the prepaid operators. The proportion is even more in the segment of under $150 price.

Till September end, ZTE had just 21 models of phone in the prepaid market, which is half the number as compared to three months ago.

Restructure its operations

Disappearing of phones from operator shelves is not a new phenomenon but the major issue this time is the dropping of a large number of phones in a single three-month period, and ZTE has not substituted the devices with the new ones, mentioned GlobalData.

Bhatia said that ZTE has to restructure its operations in order to bring financial transparency and separate its phones division from its infrastructure business, to again find its position in the US market.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Buzz

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Chargeup’s Goal: 25,000 Drivers In 17 Cities By 2025, Prioritizing Smaller Cities

0
Chargeup, the forefront battery financing and comprehensive EV asset management platform in India, is on a mission to integrate 100,000 drivers within the upcoming...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Important Sectors

Exploring India’s Limited Selection: Just Six Robust Hybrids Priced Under ₹ 5 Million

0
As the United States passenger car market embraces hybrid vehicles, India’s car market is teeming with benefits and convenience for consumers. Yet, within the...

Top 10 Selling Electric Cars In The World

0
In the list of top 10 selling electric cars in the world, it seems to be a tight race between China’s BYD and the...

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Ford Investes In Expanding EV Software Capabilities At Chennai Hub

0
Ford Business Solutions India, presently with a staff of 12,000, is poised to expand by an additional 3,000 employees. Ford, recognized for its efforts...

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...