China's ZTE says 4G phones will be 40% of 2014 shipments

4G FORECAST: ZTE Corp, the world's seventh-biggest smartphone maker, sees sales of 4G smartphones accounting for at least 40% of its global smartphone shipments in 2014, a company executive said on Thursday. — Reuters

HONG KONG: ZTE Corp, the world's seventh-biggest smartphone maker, sees sales of 4G smartphones accounting for at least 40% of its global smartphone shipments in 2014, a company executive said on Thursday. 

Shenzhen-based ZTE, smaller than its cross-town rival Huawei Technologies Co Ltd, aims to ship 60 million smartphones in 2014, up 20 million units from last year, ZTE global head of mobile devices Zeng Xuezhong told a press conference in Hong Kong.