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ZTE reports over RMB100.1 billion in revenues for 2015

ZTE Corporation (“ZTE” or the “Group”) (H share stock code: 0763.HK / A share stock code: 000063.SZ) today announced overall operating revenues of RMB100.19 billion for the year ended 31 December 2015, while operating cash flow and cash dividend hit historic highs as sales in 4G products, smart city and ...

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ZTE to Replace Three Executives in Wake of US Sanctions

Three senior ZTE executives, including the CEO are expected to resign later this week, following a decision by the US government to impose restrictions on the company. The US government imposed restrictions on suppliers to ZTE that effectively banned them from supplying components vital to ZTE’s telecoms equipment following allegations ...

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