BRIEF: Huawei’s revenue rises slightly in 2025
Huawei Technologies’ revenue grew slightly last year, as it continued to rebuild its business six years after receiving a major blow from U.S. sanctions. The leading telecoms equipment maker generated…
Still in U.S. doghouse, ZTE faces pressure from fresh allegations
The company’s stock fell over 10% amid reports of a new $1 billion fine from the U.S., clouding its outlook as it claws its way back from an earlier clash…
BRIEF: ZTE profit plunges 87% in third quarter
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) reported on Tuesday that its revenue rose 5.11% year-on-year to 28.97 billion yuan ($4.08 billion) in the third quarter. But a sharp rise…
BRIEF: Fibocom to raise up to $373 million in Hong Kong IPO
Wireless communication module maker Fibocom Wireless Inc. (0638.HK, 300638.SZ) launched its Hong Kong IPO on Tuesday, aiming to sell 135 million shares for HK$19.88 to HK$21.50 each to raise up…
Huaqin rides data center boom to Hong Kong IPO
Data center products, including servers and switches, surged past smartphones to become the ODM’s biggest revenue source in the first half of the year Key Takeaways: Huaqin’s strategic expansion from…
BRIEF: ZTE to raise $500 million through convertible bond issue
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) announced on Tuesday that it plans to issue 3.58 billion yuan ($499 million) worth of zero-coupon, U.S. dollar-settled bonds with the option to…
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…
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