Interestingly, more than a half of all those 40 million smartphones, will be destined to its home market of China.
"Our smartphones are selling quite well in certain mature markets such as Japan, the US, Europe, Australia and in certain emerging countries," Zhang Renjun, Senior Vice President of ZTE said.
What’s a bit surprising is that ZTE seems to be doing better than analysts expected. Estimates agreed on ZTE shipping around 30 million smartphones in 2012, but the company has upped that target to 40 million.
ZTE’s best known models include the ZTE Blade, Skate, Era and the Windows Phone-based Tania, and in tablets it recently debuted in the States with the Sprint ZTE Optik.