BRIEF: ZTE’s profit sags in first quarter
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) said on Tuesday its revenue rose 7.8% year-on-year to 33 billion yuan ($4.51 billion) in the first quarter, but its net profit declined…
ZTE comeback stumbles on China telecoms spending slowdown
The telecoms equipment seller’s revenue began declining in the second half of last year, and fell 10% in the fourth quarter Key Takeaways: ZTE's revenue dropped for first time last…
BRIEF: Intel among subscribers to Comba’s $48 million placement
Telecommunications equipment seller Comba Telecom Systems Holdings Ltd. (2342.HK) announced on Monday that it will raise about HK$370 million ($48 million) through the placement of 341 million shares priced at…
Huawei rings up improbable comeback as revenue soars
The Shenzhen-based telecoms giant said its revenue rose 22% in 2024, showing that years of U.S. sanction have failed to contain its rise Key Takeaways: Huawei reported its second-highest annual…
Slipping AsiaInfo dials up revenue contraction, losses
The telecommunications software maker said its revenue fell about 10% in the first half of the year, as it lost money for the first time since its 2018 Hong Kong…
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BRIEF: ZTE’s profit sags in first quarter
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