ZTE Corporation ("ZTE") (H share stock code: 0763. HK/A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, ranks second in the global PON (passive optical network) market, according to global consulting firm Ovum, with 4.885 million lines of PON product shipped in Q2 2014, an increase of 35.3% over the first quarter of the year, and a market share of 20.9%.
ZTE was also ranked first in the global EPON (Ethernet passive optical network) market with overall EPON product shipments of 3.042 million lines and a global EPON market share of 36.3%. The results in the second quarter of 2014 are mainly due to strong market expansion in Asia-Pacific, Latin America and Europe.
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