ZTE focuses on AI applications.

Accelerate the transformation from 'full connectivity' to 'connectivity + computing power.'

wallstreetcnMar 5 22:16 ET

The main Communications business is experiencing a downturn! ZTE's revenue and profit both declined last year, with Net income dropping 9.66% year-on-year | Earnings Reports insights.

ZTE faced pressure on revenue last year, with revenue of 121.299 billion yuan, a year-on-year decrease of 2.38%. Profitability also declined, with net income attributable to ordinary shareholders of the listed company at 8.425 billion yuan, a year-on-year decrease of 9.66%. The company stated that it will accelerate the transformation towards "connectivity + computing power" in an attempt to expand new market space.

wallstreetcnFeb 28 07:53 ET

Trending Industry Today: CHINACOMSERVICE Leads Gains In Telecom Equipment Stocks

Moomoo NewsFeb 21 01:30 ET

【Illustration of Bull and Bear Stocks】The Copper cable high-speed connection Concept is performing strongly against the trend, with ZTE's Block Orders net Inflow reaching 6.198 billion yuan.

① This week, the three major A-share Indices continued the pullback trend from last week, and the market Volume has noticeably shrunk; ② The WeChat small store Concept stocks had significant gains, with Hunan Friendship & Apollo Commercial's weekly increase at 61.30%; ③ Domestic companies are increasingly demanding high-speed Copper cables in the fields of Asia Vets connected Autos, industrial automation, and Datacenter.

cls.cnDec 22, 2024 05:26 ET

Lenovo sues ZTE for infringement in the United Kingdom! Industry insiders: using litigation to promote reconciliation is quite common.

①Lenovo filed a lawsuit against zte for patent infringement in the High Court of the United Kingdom on October 21, 2024. zte's official response stated, "We always respect any company's legal actions within the framework of the law, but we are very disappointed in Lenovo's actions."; ②Patent disputes in the mobile industry are not uncommon. Overall, most lawsuits end in reconciliation after going through the process of confrontation.

cls.cnOct 30, 2024 19:44 ET

Telecommunications patent disputes flare up again! zte responds to Lenovo's overseas patent litigation: difficult to understand but expresses respect.

①Lenovo has filed an intellectual property lawsuit against zte in the UK High Court, and zte responded: We find it difficult to understand but express respect. ②Over the years, patent disputes in the telecommunications industry have been common. ③As of now, specific details of this case have not been outflowed.

cls.cnOct 29, 2024 22:42 ET