Thursday, 27 July 2017

ZTE Q1 profit surges on network, smartphone sales

By Nick Wood, Total Telecom
Tuesday 18 April 17

Chinese kit maker posts 17.8% rise in revenue; talks up 5G progress.

ZTE on Tuesday reported a 27.8% rise in first quarter net profit, driven by growth in carrier network and smartphone sales. Net profit attributable to the Chinese kit maker's shareholders came in at 1.21 billion yuan (€164.98 million) for the three months to 31 March…

ZTE on Tuesday reported a 27.8% rise in first quarter net profit, driven by growth in carrier network and smartphone sales. Net profit attributable to the Chinese kit maker's shareholders came in at 1.21 billion yuan (€164.98 million) for the three months to 31 March…

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