ZTE’s net profit was 863 million yuan for the three-month period ended March, compared with a 5.4 billion yuan loss in the same period last year. Photo: Agence France-Presse

ZTE expects US$178 million first-half profit as it boosts R&D spending for 5G development

  • First-quarter revenue was 22.2 billion yuan, down 19.3 per cent from the first three months of last year
Topic |   ZTE

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ZTE’s net profit was 863 million yuan for the three-month period ended March, compared with a 5.4 billion yuan loss in the same period last year. Photo: Agence France-Presse
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