ZTE Corporation is a Chinese multinational telecommunications equipment and systems company headquartered in Shenzhen, China. ZTE operates in three business units - Carrier Networks (54%)-Terminals (29%)-Telecommunication (17%). ZTE's core products are wireless, exchange, access, optical transmission, and data telecommunications gear; mobile phones; and telecommunications software. It also offers products that provide value-added services, such as video on demand and streaming media. ZTE primarily sells products under its own name but it is also an OEM.