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General

4G drives increase in ZTE results

Wednesday 25 March 2015 | 15:45 CET | News
Growing sales of 4G network equipment and handsets led the increase in ZTE's results in 2014, according to the Chinese equipment maker's annual report. The group reported sales of carrier network equipment up 15 percent to CNY 46.77 billion, led by 4G sales in China and abroad, as well as demand for optical equipment in its home market. ZTE's handset and end-user device sales rose 6.5 percent last year to CNY 23.12 billion, which the company also attributed to demand for 4G equipment. Its software and services business was the only area not to grow in 2014, with revenues down 9.7 percent to

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Categories: General
Companies: ZTE Belgium
Countries: China / World
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