ZTE H1 revenues up 2.9% year-on-year

ZTE noted its R&D expenses amounted to CNY 12.73 billion in H1, accounting for 20.4% of operating revenue Chinese vendor ZTE announced revenues of CNY 62.49 billion ($8.72 billion) for the first half of 2024, representing an increase of 2.9% year-on-year. In a release, the vendor noted that its net profit for the period reached […]

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