Saturday, 03 December 2016

ZTE swings to full-year profit

By Nick Wood, Total Telecom
Thursday 27 March 14

Chinese vendor's operating revenue down 10.6% on 2012; company pledges to improve handset business.

ZTE swung to full-year net profit in 2013, but its revenue fell significantly. The Chinese vendor's results, published Wednesday, show that it earned 1.36 billion yuan (€159 million), compared to a CNY2.84 billion loss in 2012…

ZTE swung to full-year net profit in 2013, but its revenue fell significantly. The Chinese vendor's results, published Wednesday, show that it earned 1.36 billion yuan (€159 million), compared to a CNY2.84 billion loss in 2012…

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