FILE PHOTO: A security guard walks past a building of ZTE Beijing research and development center in Beijing, China June 13, 2018. REUTERS/Jason Lee/File Photo

ZTE’s profit dives 65 per cent as it tries to move past US ban

  • ZTE reported net income of 564.5 million yuan (US$81.2 million) for the quarter ended September, compared with its own projection for 1.02 billion yuan
  • ZTE is recovering from a months-long US Commerce Department ban on purchases of American technology
Topic |   ZTE

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FILE PHOTO: A security guard walks past a building of ZTE Beijing research and development center in Beijing, China June 13, 2018. REUTERS/Jason Lee/File Photo
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