ZTE sees double increases in operating revenue and profit in 2022

- Stable growth achieved at the solid start of ZTE’s expansion phase

- The operating revenue reaching RMB 122.95 billion in 2022, 7.4% higher than a year earlier
- The profit hitting RMB 8.08 billion in 2022, leveling up its profitability steadily

ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, released its Annual Report 2022, showing a full-year operating revenue of RMB 122.95 billion in 2022, 7.4% higher than the year earlier.

The year 2022 marked the start of the Company's expansion phase.

During the year, ZTE solidified its position with innovative initiatives while maintaining steady operations. With the business philosophy of maintaining quality growth, during the period, ZTE seized the trend towards global digitalization and decarbonization development, strengthened its DICT's full-stack and full-domain R&D investment and innovation, and continuously improved the competitiveness of ZTE’s key technologies and products.

In terms of R&D, ZTE also invested RMB 21.60 billion in 2022, covering 17.6% of the revenue. At the same time, ZTE continues to deepen the digital and intelligent transformation, improve the organizational flexibility, elasticity and resilience, and ensure the orderly, efficient and healthy development for all businesses.

Meanwhile, the operating revenue in both the domestic and international markets, and operating revenue in the ZTE’s three major businesses including carriers' networks, government and enterprise business, as well as consumer business, all achieved a year-on-year growth. Operating revenue of the domestic market reached RMB 85.24 billion, 69.3% of its overall operating revenue while the operating revenue from the international market hit RMB 37.71 billion, covering 30.7% of its overall operating revenue.

For carriers' networks, in 2022, ZTE harvested an annual operating revenue of RMB 80.04 billion, a YOY increase of 5.7%. During the period, ZTE continued to increase the global market share of key products such as wireless networks and wired networks. According to the latest report, ZTE’s 2022 annual shipments of 5G base stations, 5G core networks and 200G coherent port all ranked second in the world, the revenue of POL OLT increased to second globally.

For government and corporate business, ZTE achieved an operating revenue of RMB 14.63 billion, a year-on-year growth of 11.8%. ZTE's core products such as server and storage, GoldenDB distributed databases, and cloud computers, have achieved rapid growth in the number of top customers across the industries including finance and Internet. In addition, ZTE, centering on the business needs of business resilience, systematic growth and cost reduction, and relying on efficient digital infrastructure and the "Digital Nebula" based on the cloud-native transaction architecture, has been deeply integrating ICT technologies with the industries to explore the digital transformation of finance, Internet, power, transportation, and large enterprises.

In terms of consumer business, ZTE generated an operating revenue of RMB 28.28 billion, a year-on-year increase of 9.9% during the period. The Company has gradually integrated mobile phones, mobile Internet products, home information terminals, and ecological capabilities to provide individuals and families with a rich selection of smart products. In 2022, ZTE, Nubia, and Red Magic launched a variety of mobile phones to meet different market demands. Meanwhile, ZTE's mobile Internet product 5G MBB & FWA remained the world's first in terms of global shipment. During the period, the Company's home information terminals witnessed a leapfrog growth, with its PON CPE and DSL CPE shipments ranked first globally and its STB remained in the leading position in terms of the market share.

Moving forward, ZTE will stay committed to implementing the positioning of a "Driver of Digital Economy" by maintaining its strategic determination and grasping the development trend of digitalization and decarbonization. With targeted and pragmatic efforts, ZTE will further strengthen its operational resilience, with an aim to improve operational efficiency and achieve steady growth.

In the Philippines, 2023 will see ZTE promoting innovative ICT technologies. ZTE Philippines will continue to be the industry’s solid partner in driving the digital economy, with innovative initiatives and new solutions and products.

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LG’S Inverter Direct Drive Motor Reaches Milestone with 100 Million Units Produced

A Key Component of Premium LG Washing Machines for More than Two Decades, Company’s Innovative Motor Technology Continues to Evolve for Excellence

LG Electronics (LG) announces that production of its Inverter Direct Drive™ (DD™) motor has exceeded 100 million units. The company’s differentiated motor technology is a major factor in the strong, reliable performance and continuing global popularity of LG’s industry-leading laundry solutions.

From 1998 to the end of 2022, the company produced, on average, over 12,000 Inverter DD motors per day. LG’s Inverter DD motor connects directly to the washing drum, an innovation that helps make LG washing machines more durable and dramatically reduces noise and energy consumption during operation.

LG has refined the Inverter DD motor over four generations, continuously improving the technology and its performance capabilities to deliver greater customer value. The company holds over 240 Inverter DD motor related technology patents in Korea and internationally. In 2019, the company applied Artificial Intelligence (AI) to the Inverter DD motor to further enhance its efficiency and effectiveness. Used in LG’s premium washing machines and dryers, the AI DD motor leverages deep learning technology to detect the weight of each load and the types of fabrics being washed. It then selects the optimal combination of drum movements from the company’s proprietary 6 Motion tech – which enables six discrete drum movements – to care and clean for users’ laundry.

Last year, LG brought its advanced Inverter DD motor to its dryers for the first time. Like the company’s washers, LG dryers also offer 6 Motion (Tumble, Swing, Rolling, Stepping, Scrubbing, and Filtration) technology to boost drying performance and minimize fabric damage. LG’s inverter motor technology – specifically, the AI DD – became the first home appliance technology to earn Deep Learning AI Verification from global safety science company, (UL) Underwriters Laboratories.

“The number of Inverter DD motors produced points to the excellence of the motor technology LG has developed for its premium laundry solutions,” said Kim Yang-sun, head of the Component Solution Business Unit at LG Electronics Home Appliance & Air Solution Company. “We will continue to create highly efficient core components that boost the performance and reliability of our products while also reducing carbon emissions during operation.”

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LG Recognized With AHRI Performance Award for Sixth Consecutive Year

Across Seven Different Product Categories, Company’s HVAC Solutions Again Pass Industry Body’s Comprehensive Performance Certification Program

LG Electronics (LG) has earned the Air-Conditioning, Heating & Refrigeration Institute (AHRI) Performance Award for the sixth year in a row. The challenging-to-obtain accolade points to the consistently high quality of LG’s HVAC (heating, ventilation and air conditioning) solutions, as every model selected by AHRI for testing must pass all evaluations for three straight years for the award to be granted.

AHRI is a globally-respected trade association representing the world’s HVAC, refrigeration, and water heating solution manufacturers. Established in 1953, AHRI now boasts more than 350 member companies.

To ensure the highest standard of testing, the majority of AHRI Performance Award evaluations are conducted by Intertek, one of the world’s most trusted third-party standards, certification and testing organizations. Intertek runs a comprehensive battery of assessments on the selected products to determine if the actual performance is consistent with the specifications listed by the manufacturer.

Representing seven product categories – including, for the first time, Energy Recovery Ventilators (ERV) – all 67 LG HVAC solutions submitted for testing passed AHRI’s rigorous evaluations for the third year in a row (2020 to 2022). In addition to LG’s ERV, the models evaluated belong to the following HVAC categories: Variable Refrigerant Flow (VRF), Unitary Small Heat Pump (USHP), Water-Cooled Chillers (WCLL), Air-Cooled Chillers (ACCL), Room Fan Coil (RFC) air conditioners and Packaged Terminal Heat Pumps (PTHP).

One of the LG products evaluated for the AHRI Performance Award, the LG Multi V large-capacity outdoor unit employs the company’s proprietary Ultimate Inverter Compressor to deliver a strong, energy efficient performance. Popular with customers worldwide, especially those in Northern Hemisphere countries where winters can be particularly cold, LG’s flagship VRF system is able to provide dependable heating operation in temperatures as low as negative-30 degrees Celsius (negative-22 degrees Fahrenheit) and for cooling operation in temperatures as high as 48 Degree Celsius for tropical countries.

Also tested was the air-cooled Inverter Scroll Chiller, which leverages LG’s advanced inverter technology to obtain a high level of operational efficiency. In addition to impressive performance, the chiller has a compact design that takes up less space than other models in its class, affording customers greater installation flexibility.

Earning the award for the first time, LG’s ERV solution replaces still and stagnant indoor air with clean filtered air from outside and is equipped with a heat exchanger that significantly decreases hot air loss while also helping to reduce heating and cooling costs. Moreover, when connected with a system air conditioner, it manages energy consumption and indoor air quality to ensure optimal comfort and efficient operation.

“LG has now been recognized by AHRI for six years in a row – a significant achievement that reflects the quality, performance and reliability of LG HVAC solutions,” said James Lee, head of the Air Solution Business Unit at LG Electronics Home Appliance & Air Solution Company. “We will continue to strengthen our position in the global HVAC market by delivering highly effective and energy efficient solutions for commercial and residential use.”

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Save Space Without Compromise with LG’s Newest Line of Window Type Air Conditioners

When it comes to home appliances, space is the name of the game. Space, or lack thereof, is one of the most important factors to consider when moving or fitting out a home, whether for form or function. It’s crucial that with whatever appliance you bring, it’s able to maximize every square inch it occupies.

Recognizing the premium for space, LG introduces a new line of window type air conditioners that’s more compact than ever but without sacrificing an ounce of cooling technology. The new line comes in three levels of cooling capacity - 0.8 HP, 1.0 HP, and 1.3 HP. All three versions share the same compact size with all of LG’s innovative technology.

The new line of air conditioners boast of LG’s storied inverter technology. With the LG DUAL Inverter Compressor, the air conditioners provide up to 70% more energy savings. Even with its small size, it still provides maximum cooling. These inverter window air conditioners provide exceptional cooling power that will keep you and your family cool, comfortable, and in control any day of the week.

With small spaces, noise is also magnified. This new line of air conditioners operate at sound levels as low as 44dB (when in low mode), eliminating unnecessary noise for smooth operation that you'll barely notice. It also offers Sleep Mode, which keeps operating noise to a minimum and turns the air conditioner off after a set time. The timer can be set from 1 to 12 hours. For the timer, you can set it up to 24 hours of operation, so that your air conditioner turns off when you plan it. Another game changing feature this line offers is the Clean Filter Indicator, which automatically notifies you whenever the filter needs cleaning. Say goodbye to guesswork!

The design and interface is intuitive and user-friendly. Operate it with the LED display and simple selection control panel, up/down temperature adjustments, and fan speed selection, using the full-featured remote without leaving your bed, workspace, or couch.

The air conditioners also offer versatile options and features for control. With the ThinQ™ app, you can start or stop your LG air conditioner, change the mode, or set the temperature, no matter where you are.

It also offers an Auto Clean Function. If the power cuts off, your unit resumes its previous operation shortly after the power is restored. It also has an Auto Evaporating System, where after turning off the air conditioner, the drying function automatically runs for 10 minutes. Say goodbye to smelly humidity.

Take command of your space today with LG’s space saving window type air conditioners. For more information, visit https://www.lg.com/ph/air-conditioners.

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Piolo Pascual Visits the Home of Poten-Cee

Poten-Cee + Zinc Advance (Vitamin C + Zinc + Cholecalciferol) Brand Ambassador Piolo Pascual recently made a surprise visit to the Bulacan manufacturing plant of Pascual Laboratories, Inc. (PascualLab), home of the top-of-mind Vitamin C brand.¹ In true #PascualLove fashion, PascualLab executives and employees headed by Mia Pascual Cenzon, VP for Corporate HROD and Design Services & Corporate Communications, gave a warm welcome to Pascual who later took to the stage for a photo opportunity with lucky employees; toured the ISO:2015, Good Manufacturing Practices (GMP) and Halal-certified facilities where some of the well-loved brand’s variants are manufactured; and joined a small gathering with PascualLab executive officers. It was a coming home of sorts for the Ultimate Heartthrob as he was also given a glimpse of Pascual history at the family’s weekend home turned museum. Pascual is currently the brand endorser for Poten-Cee  + Zinc Advance which has Vitamin C² that helps enhance the body’s natural defenses, Vitamin D3 that helps activate the body’s immune system,³ and Zinc that helps prevent viral entry (with proper diet and exercise).⁴ 

For more information, visit Poten_PH @FB and IG and at PascualLab’s official Lazada and Shopee stores: https://www.lazada.com.ph/shop/pascuallab/ and https://shopee.ph/pascuallabstore

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ZTE Unveils New Consumer Devices and Its Full-Scenario Intelligent Ecosystem 2.0 at MWC 2023

• ZTE Mobile Devices is building the newly upgraded “1+2+N” Full-Scenario Intelligent Ecosystem 2.0 to bring a new digital lifestyle for consumers
• ZTE Mobile Devices launched the world’s first AI-powered eyewear-free 3D tablet nubia Pad 3D and the nubia Neovision AR Glass providing super audio-visual experience
• Adhering to the concept of “Green, Intelligence & Security”, ZTE Mobile Devices brought the 5th Gen of 5G FWA and GIS version products at MWC 2023

ZTE Mobile Devices Focusing on Full Ecosystem Solutions

ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, showcased a wide array of consumer products of all categories including ZTE Axon, ZTE Blade, Nubia, and MBB, FWA & IoT family products and industrial solutions, at the Mobile World Congress 2023 in Barcelona.

In response to the accelerated expansion of consumer scenarios and user demand, the strategy of ZTE Mobile Devices has been officially upgraded into “1+2+N” Full-Scenario Intelligent Ecosystem 2.0.

ZTE Mobile Devices launched the nubia Pad 3D, the world's first AI-powered eyewear-free 3D tablet, and nubia Neovision Glass, an AR glasses that provides super audio-visual experience, and announced its MBB&FWA product concept of “Green, Intelligence & Security (GIS)”, as well as other key products including the 5th Gen of FWA.

Newly upgraded Full-Scenario Intelligent Ecosystem 2.0

5G improves people’s work and life, and attracts people to possess more than one mobile device.

Based on the powerful capability of “cloud, network, edge and devices”, ZTE MyOS will break through the boundary of different devices and realize the seamless interconnection of “1+2+N” device ecosystems, including mobile phones, personal and home data terminals, and peripheral ecological products, bringing a new upgrade of digital lifestyle, and a Full-Scenario Intelligent Ecosystem 2.0.

ZTE MyOS will enable intelligent perception and interaction between different terminal devices, covering four major scenarios, namely, sports & health, audio & visual entertainment, business & travel, and family & education, to provide users with a multi-device integration experience and a multi-screen connection, cross-device connectivity and intelligent scenarios convergence digital lifestyle.

nubia Pad 3D, offering new experience in technology

nubia Pad 3D, jointly developed by ZTE and the world leading eyewear-free 3D developer Leia Inc., is equipped with the unique 3D Lightfield technology of Leia and tremendous AI computing power to match abundant 3D application scenarios. Specifically, it supports AI Face Tracking, which can match the best view (8 views in maximum) in real time, achieve real-time AI-based 2D to 3D conversion, AI-powered 3D content shot by front or rear cameras as well as is compatible with the popular AI 3D apps for artistic creation.

It is equipped with a 12.4-inch 2.5K screen and four symmetrical speakers supporting Dolby Surround Sound, offering an immersive audio and visual experience. With the world’s largest 3D content ecosystem, it allows users to seamlessly enjoy the world’s first 3D video chat, 3D private cinema, immersive 3D games and other scenarios. Powered by the Snapdragon 8 series chip, nubia Pad 3D stands out in performance and offers upgraded user experience in all dimensions with the 9070mAh battery and 33W fast charger.

Meet the Nubia Pad

AR Smart Glasses, bringing a portable screen experience

As the world’s first smart glasses with TÜV Rheinland and Hi-Res Audio Certification, nubia Neovision Glass features a 120-inch virtual screen and a Micro OLED display with a dual-eye 1920x1080 resolution, and supports 0-500° myopic adjustment, offering a cinema-quality view without wearing spectacles.

The built-in cyclonic sound bin and stereo full-range dual speakers deliver an immersive and authentic audio experience. In addition, it also provides various colorful streamer magnetic absorption lenses. The fashionable, comfortable and portable glasses, adopts a streamlined design without a frame and weighs only 79g.

nubia Neovision Glass Hands On Experience

The concept of GIS, driving new development of mobile internet devices

ZTE is the world-leading pioneer in 5G MBB & FWA field. According to the new report by TSR, an international professional consulting agency, in 2022, the market share of ZTE MBB & FWA products ranked first in the world. ZTE 5G MBB & FWA products market share ranked first for two consecutive years in the world, and its global cumulative shipments have exceeded 3 million units. In 2023, ZTE will further adhere to the product concept of “Green, Intelligence & Security”.

By practicing green design, green perception, and green service, the total energy consumption of ZTE has reduced by another 10%. ZTE offers more intelligent access, intelligent scenario control based on diversified user requirements, and multiple intelligent modes to regulate the access rate and device response status. Moreover, ZTE, to make data transmission securer and more reliable, launched two security scenarios specially for households and children. Thanks to a comprehensive security system and globally distributed network security laboratories, ZTE has built the capability to guarantee the security of worldwide network.

During MWC 2023, ZTE officially launched the MC888 Pro GIS version, reducing the power consumption by 10% with 95% PCR materials, which is a new key product launched under the concept of GIS.

New 5G FWA Gen 5, supporting Wi-Fi 7 firstly

ZTE also launched the 5G FWA Gen 5, supporting the latest 3GPP R17 standard, and adopting the smart antenna 5.0 of ZTE to increase the antenna gain by 20%. With Wi-Fi 7 technology, its peak rate reaches 21Gbps. Bolstered by signal amplification technology, it provides a much faster, more stable and reliable connectivity. Relying on the new Mesh-return technology, the device achieves a whole-house all-around coverage and intelligent scenario applications. With the support of remote control and the Matter protocol, 5G FWA Gen 5 creates a real intelligent home control center.

ZTE 5G FWA Gen 5 & MC888 Pro GIS version

In addition to newly announced products, mobile phones including ZTE Axon 40 Ultra, ZTE Blade Series, nubia Z50, ecological peripherals including ZTE Watch Live 2, Bluetooth headsets, MBB & FWA devices, IoT terminals, and IoV terminals also appeared at MWC 2023, bringing a comprehensive 5G experience to consumers and industry users.

5G is still bringing changes to the future. The new upgrade of Full-Scenario Intelligent Ecosystem 2.0 is an important measure for ZTE Mobile Devices to accelerate the integration of intelligent devices and take digital life a step forward in the post-5G era where everything is smartly connected. In the future, ZTE Mobile Devices will continue to drive business based on customer demands, continuously make innovations in technologies and products, and allow global users to enjoy a digital lifestyle supported by full-scenario seamless connection.

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Pinoy classical singer talks about his training and winning WCOPA Grand Championship

From a shy boy to a frequent singing contestant in various barangays, citywide competitions to province-wide, and finally, on the world stage, Cristiani Rebada has proven that he is “called to sing” for life.

According to Rebada, “I started singing even before I went to Kindergarten. According to my parents, I mimicked songs, and to their surprise, I was in tune.

“I started singing in our local church (in my elementary years), but I was too shy to sing in any competitions. My dad enrolled me in the Bel Canto School Of Music for voice lessons.”

He even mentioned that [at first], his dad’s decision was against his will.

“My dad still pushed me to do it because he believed in me. After a few months of training, I finally gained the self-confidence to join some competitions.”

Music as his mission.

The confidence he got from his singing lessons, he joined his first singing competition.

“I was still in sixth grade. I was shy but still managed to do it and got first place. I think that validates that I have a talent for singing.”

Rebada is the epitome of what Ralph Waldo Emerson described as an excellent artist, “Every artist was first an amateur.”

For him, his first mentor was his father.

“He discovered that I have the gift of singing. He encouraged me to sing and even bought cassette tapes for my music. He then enrolled me in voice lessons at Bel Canto School of Music in our place.”

He engaged in different competitions and learned a lot from experience. The seeds planted in him have flourished as he opted to pursue Music at Silliman University in Dumaguete City.

“It was where I got my degree in Music and majored in Voice.”

Classically trained, but open to exploring more about music.

“I’m usually into mellow love songs, but since I am a classically trained singer, I prefer crossover, where my voice fits, but I’m open to different genres.”

He pursued his passion for classical music by joining the Philippine Opera Company as one of the artists for Ang Bagong Harana. He also taught voice lessons at the music company.

As a singer, he doesn’t limit himself to one genre, thus he wants to embrace more.

He joined the World Championships of Performing Arts (WCOPA) Team Philippines in 2017, and he went home with six medals as an industrial awardee (two gold medals as a Grand Finalist and for Opera, three silvers for Broadway, Gospel, and Open, and a bronze for Pop). He also earned the Industry award, a glass globe, and a plaque as the division winner for Opera, and two major awards–the glass star trophy as the Senior Grand Champion Vocalist of the World, and the diamond glass trophy as the Senior Grand Champion Performer of the World.

Like Jed Madela, the first Filipino to win the WCOPA title, the competition has opened doors for him.

His dream of getting validation for all the hard work he has put into his singing–the award gave him more reason to thrive and excel in his chosen craft.

“First of all, God gave me this talent to glorify Him, to praise and worship His name.”

What Fuels His Passion for Music?

Apart from God, he considers his family as his inspiration.

“I would like to bring joy and happiness to them, who sacrificed a lot to give me a brighter future.”

Lou Holtz‘s words hold true to who Rebada is–that talent determines what one can do.

It is his motivation that determined how much he is willing to do. His attitude determined how well he did with the gift entrusted to him by God.

The awards or recognitions he earned the ones at the 29th Asia-Pacific Excellence 2017 Awards, Asian Achiever Awardee 2017 as an Outstanding Asian Young Performer, and the 2017 Asian Entertainer Awardee as an Outstanding Young Performing Artist–are some of those that pushed him to do better and excel.

His recent awards were the 2022 Gawad Amerika Awardee as a Classical Crossover Artist of the Year and the 2022 Spotlight Awardee as Best Classical Artist.

Today, he is part of Fil-Trio with LA Master Balladeer Kenneth Laurente and Broadway star Lyndon Apostol.

On September 29 of last year, Rebada’s debut single, Ikaw pa rin got released and streamed on Spotify and other online streaming platforms.

He’s proud Negrense from Cadiz City, Negros Occidental. His musical influences are the multi-national classical crossover vocal group Il Divo, the World’s Most Beloved Tenor Andrea Bocelli, the Italian operatic tenor Luciano Pavarotti, and a Spanish opera singer, conductor, and arts administrator Plácido Domingo. Among the Filipino singer-performers, he appreciates Gary Valenciano, Jaya, Lani Misalucha, and Jed Madela.

“I want them to remember me as an inspiration,” was his prompt response when asked what he envisioned himself as a singer-performer.

“That talent is just secondary, and good character will come first. Respect our differences. Spread love, peace, and hope by creating music. Music is the language of the soul. Whatever status in life we are in, the color of our skin, and our beliefs in life–we speak the same language through music.”

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