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ZTE Overtakes Apple as Global Handset Shipments Reach 390 Million Units in Q3 2011
Although the global economy remained volatile and markets continued to experience debt worries, global handset shipments reached 390 million units in Q3 2011, increasing a reasonable 14% from 342 million units a year earlier. Chinese vendors led the market in growth, as the country’s three largest players expanded 56% annually. ZTE was the star performer, overtaking Apple to recapture fourth position.