[New post] China’s ZTE first half profit jumps 43 percent on domestic 4G network growth

sskarthik posted: "HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp on Wednesday posted a 43 percent rise in first-half net profit as 4G growth in China and improving margins in its global equipment business offset weaker smartphone sales at home. Profit reach" Respond to this post by replying above this line New post on SKarthik.info China’s ZTE first half profit jumps 43 percent on domestic 4G network growth by sskarthik HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp on Wednesday posted a 43 percent rise in first-half net profit as 4G growth in China and improving margins in its global equipment business offset weaker smartphone sales at home. Profit reached 1.6 billion yuan ($249 million) in January-June, matching a preliminary estimate released in July, the firm said in a statement. Revenue rose 30 percent in its mainstay telecoms equipment arm and fell 4.3 percent its handset business. ... Read more... sskarthik | August 26, 2015 at 7:10 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3gVZ Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/08/26/chinas-zte-first-half-profit-jumps-43-percent-on-domestic-4g-network-growth-2/ Thanks for flying with WordPress.com