ZTE Reports Massive H1 Profit Gains Buoyed By Chinese 4G Expansion Chinese telco equipment manufacturer ZTE has reported sizeable profit increases in the first half of 2016, booking 9.3% gains in profit to $270 million and a 4.1% increase in
As Bizety reported earlier in our segment, Industrial IoT is hailed as the Fourth Industrial Revolution, promising to unleash trillions of dollars of value into the global economy by some estimates. The drive to innovate and construct smart cities falls
The US Commerce Department placed heavy trade restrictions on the multinational conglomerate ZTE yesterday, citing evidence that the telecommunications equipment manufacturer had exported products to a sanctioned country in violation of the international embargo in place there. Reuters reports that
