Friday, 18 August 2017

ZTE confirms 94% surge in 2014 profit

By Nick Wood, Total Telecom
Thursday 26 March 15

Chinese vendor reports 8.3% increase in operating revenue driven by 4G equipment and handset sales.

ZTE on Thursday confirmed that its full-year net profit almost doubled in 2014. The Chinese vendor last year earned 2.63 billion yuan (€385 million), up 94% on 2013. The figure is in line with guidance published by ZTE in January…

ZTE on Thursday confirmed that its full-year net profit almost doubled in 2014. The Chinese vendor last year earned 2.63 billion yuan (€385 million), up 94% on 2013. The figure is in line with guidance published by ZTE in January…

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