Thursday, March 23, 2017

Chinas ZTE posts fourth-quarter net loss after U.S. sanction case fine

😊 74.1 😵 11.1 😐 8.2 HONG KONG (Reuters) - Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case.

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