ZTE revised its first-quarter results to a net loss on Friday, after China's second-biggest telecommunications equipment maker took into account the impact of a crippling US supplier ban that has now been lifted. ZTE said net loss for the three months through March was 5.4 billion yuan ($790.62 million), compared to a net profit of...
ZTE revised its first-quarter results to a net loss on Friday, after China's second-biggest telecommunications equipment maker took into account the impact of a crippling US supplier ban that has now been lifted. ZTE said net loss for the three months through March was 5.4 billion yuan ($790.62 million), compared to a net profit of...
Share this Article
Recommended