Love to play computer games On August 29, it was reported that a few days ago, ZTE held an extraordinary shareholders' meeting at its headquarters. After voting to determine the two proposals, Xu Ziyang, the new CEO of ZTE, answered some questions that investors were concerned about. He said that the company's main business has fully recovered, and will fully invest in the 5G network to strengthen the self research of key chips.
It is reported that since investors want to know more about ZTE's recent situation, the original 20 minute question and answer session has been extended to nearly 50 minutes. Xu Ziyang said that the production task in August has returned to normal, but in terms of R&D, the company's R&D talents have not lost. After the US authorities lifted the ban, ZTE immediately started the infield, outfield and national testing of 5G networks. Now ZTE's 5G testing has met the national testing requirements. "The company is still in the first camp of the communication industry, and the current order situation is good, basically the same as last July and August."
We know that the biggest impact of the previous ban on ZTE was in chips. The official said at the meeting that ZTE Microelectronics would increase its investment in chip research and development, mainly developing chips that can be used by ZTE's main equipment, such as baseband chips, 5G transmission switching chips, and IP chips.
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