September 6 -- ZTE Coporation (000063, 0763.HK) plans to increase its share of the European cell phone market to between five percent and 10 percent over the next 12 months, reports caixun.com.

ZTE currently has an approximately five percent share of the global mobile phone market. The company has not achieved a similar market share in Europe as it lacks high-end mobile phones.

ZTE will roll out a number of Android-based mobile phones, and has started to sell phones running on the Windows Phone 7 platform.

Source:capitalvue