000063.SZ - ZTE Corporation

Shenzhen - Shenzhen Delayed Price. Currency in CNY
18.18
-0.26 (-1.41%)
At close: 4:29PM CST
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Previous Close18.44
Open18.19
Bid18.17 x 0
Ask18.18 x 0
Day's Range17.86 - 18.46
52 Week Range11.85 - 41.39
Volume144,549,155
Avg. Volume196,927,534
Market Cap63.529B
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateOct 25, 2018 - Oct 29, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est22.48
  • Reuters8 hours ago

    BRIEF-ZTE Signs Cooperation Framework Agreement With Shenzhen Investment Holdings

    Sept 19 (Reuters) - ZTE Corp: * SAYS IT SIGNS COOPERATION FRAMEWORK AGREEMENT WITH SHENZHEN INVESTMENT HOLDINGS Source text in Chinese: https://bit.ly/2OAT76l Further company coverage: (Reporting by Hong ...

  • Reuters17 hours ago

    U.S. senators seek punishment if China's ZTE violates deal

    Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company. President Donald Trump angered many members of Congress, including some of his fellow Republicans, in July when he decided to lift a ban on U.S. companies selling to ZTE, allowing the giant company to resume business. Lawmakers have introduced several pieces of legislation since then that seek to clamp down on the company, China's second largest telecommunications equipment maker.

  • U.S. senators seek punishment if China's ZTE violates deal
    Reuters17 hours ago

    U.S. senators seek punishment if China's ZTE violates deal

    Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company. President Donald Trump angered many members of Congress, including some of his fellow Republicans, in July when he decided to lift a ban on U.S. companies selling to ZTE, allowing the giant company to resume business. Lawmakers have introduced several pieces of legislation since then that seek to clamp down on the company, China's second largest telecommunications equipment maker.

  • The Trade War Is On: How We Got Here and What's Next
    Bloomberg2 days ago

    The Trade War Is On: How We Got Here and What's Next

    The trade dispute between the U.S. and China continues. Chinese officials have announced retaliation following U.S. President Donald Trump’s authorization of a new round of tariffs on an additional $200 billion of Chinese goods, a move that brought the total amount targeted by the U.S. in recent months to $250 billion. China announces retaliation on $60 billion of U.S. goods to become effective simultaneously with the U.S. duties.

  • The Wall Street Journal7 days ago

    [$$] Australia’s Actions Against Chinese Firms Ignite 5G Security Debate

    Australia’s move last month to bar Chinese telecommunications-equipment manufacturers from the country’s 5G rollout over fears of cyberspying triggered debate over the security risks of the technology. Officials in Canberra, the Australian capital, cited national-security concerns as they ruled out bids from companies that they said could be used as agents for foreign governments—language that effectively banned Huawei Technologies Co., the world’s largest maker of telecommunications equipment, and its chief Chinese rival, ZTE Corp. Canberra’s reasoning was based on the belief that 5G networks will be more vulnerable to security breaches because they will be less centralized than current networks, with more sensitive network activity occurring in a multitude of locations closer to users.

  • Reuters15 days ago

    China lures chip talent from Taiwan with fat salaries, perks

    A veteran of Taiwan's top-tier chipmakers, including United Microelectronics Corp (UMC), the engineer took up the offer from a Chinese state-backed chipmaker last year and now oversees a small team at a wafer foundry in eastern China. The engineer joined a growing band of senior Taiwan professionals working in China's booming and fast-developing semiconductor industry. Attracting such talent from Taiwan has become a key part of an effort by China to put the industry into overdrive and reduce the country's dependence on overseas firms for the prized chips that power everything from smartphones to military satellites.

  • The Wall Street Journal19 days ago

    [$$] Cyber Daily: Scrutinizing the Cyber Spend

    Malcolm Harkins, chief security and trust officer at Cylance Inc., says artificial intelligence will play a crucial role in the cybersecurity industry, which has a notorious talent shortage. Mr. Harkins described how advances in AI will improve security and why CISOs should have a role in lowering corporate costs. Q: What are some promising ways companies might soon apply AI to cybersecurity?

  • The Wall Street Journal20 days ago

    [$$] Japan Scrutinizes China’s Huawei, ZTE Over Spying Fears

    TOKYO—Japan is studying restrictions on Chinese telecommunications-equipment companies Huawei Technologies Co. and ZTE Corp. as U.S. fears of cyberspying by Beijing prod allies to follow suit. U.S. officials have been arguing that using equipment from the two companies in network infrastructure constitutes a security risk. Australia last week banned both Chinese companies from its next-generation mobile network.

  • The Wall Street Journal20 days ago

    [$$] China’s ZTE Reports $1.1 Billion Loss

    HONG KONG—China’s ZTE Corp. disclosed a loss of 7.8 billion yuan—about $1.1 billion—during the first half of the year, after a ban on purchasing American supplies forced a life-threatening shutdown of the telecommunications giant. The loss covers most of the period during which ZTE was shuttered, and marks its first official accounting of the period. The Commerce Department banned U.S. companies from selling to ZTE in April after it found the firm broke the terms of its settlement resolving earlier violations of U.S. sanctions on Iran and North Korea.

  • China's ZTE sees third-quarter profit after first-half loss on U.S. supplier ban
    Reuters20 days ago

    China's ZTE sees third-quarter profit after first-half loss on U.S. supplier ban

    China's ZTE Corp said it expects to make a profit in the third quarter after recording its worst-ever first-half net loss on Thursday, the result of a U.S. supplier ban that forced the telecoms gear maker to halt operations for three months. ZTE, the world's fourth-largest telecommunications equipment maker by market share, was crippled in April when the United States imposed the seven-year ban, saying ZTE broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea. The company expects to post a net profit of between 24.2 million yuan ($3.54 million) and 1.0 billion yuan ($146.40 million) in the three months to September 30, it said in a filing to the Shenzhen stock exchange.

  • China's ZTE sees third-quarter profit after first-half loss on U.S. supplier ban
    Reuters20 days ago

    China's ZTE sees third-quarter profit after first-half loss on U.S. supplier ban

    China's ZTE Corp said it expects to make a profit in the third quarter after recording its worst-ever first-half net loss on Thursday, the result of a U.S. supplier ban that forced the telecoms gear maker to halt operations for three months. ZTE, the world's fourth-largest telecommunications equipment maker by market share, was crippled in April when the United States imposed the seven-year ban, saying ZTE broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea. The company expects to post a net profit of between 24.2 million yuan ($3.54 million) and 1.0 billion yuan ($146.40 million) in the three months to September 30, it said in a filing to the Shenzhen stock exchange.

  • Reuters20 days ago

    BRIEF-ZTE Posts Net Loss of 7.8 Bln Yuan In H1, Sees Q3 Net Profit Down 36.5-98.5 Pct

    Aug 30 (Reuters) - ZTE Corp: * SAYS H1 NET LOSS AT 7.8 BILLION YUAN ($1.14 billion) * SAYS IT SEES Q3 NET PROFIT DOWN 36.5-98.5 PERCENT Y/Y Source text in Chinese: https://bit.ly/2N4fzHB; https://bit.ly/2wC1mrg ...

  • New executives at China's ZTE say production back to normal
    Reuters21 days ago

    New executives at China's ZTE say production back to normal

    Production at China's ZTE Corp is back to normal after the lifting of a U.S. ban and its carrier network business will return to a standard growth track in 2019, according to the firm's newly elected chairman and chief executive. China's No. 2 telecommunications equipment maker was crippled in April when the United States banned American firms from selling it parts, saying the company broke an agreement to discipline executives who had conspired to evade U.S. sanctions on Iran and North Korea. The ban, which became a source of friction in Sino-U.S. trade talks, was lifted in July after ZTE paid $1.4 billion in penalties, allowing the firm to resume business.

  • New executives at China's ZTE say production back to normal
    Reuters21 days ago

    New executives at China's ZTE say production back to normal

    Production at China's ZTE Corp is back to normal after the lifting of a U.S. ban and its carrier network business will return to a standard growth track in 2019, according to the firm's newly elected chairman and chief executive. China's No. 2 telecommunications equipment maker was crippled in April when the United States banned American firms from selling it parts, saying the company broke an agreement to discipline executives who had conspired to evade U.S. sanctions on Iran and North Korea. The ban, which became a source of friction in Sino-U.S. trade talks, was lifted in July after ZTE paid $1.4 billion in penalties, allowing the firm to resume business.

  • Reuters26 days ago

    U.S. Commerce's Ross picks ZTE monitor after rejecting 'Never Trump' lawyer

    A new monitor for ZTE is required as part of a June settlement that ended a ban on U.S. companies selling components to China's No. 2 telecommunications equipment maker. The ban threatened ZTE's survival and became a source of friction in trade talks between Washington and Beijing. Roscoe Howard, a former U.S. Attorney in Washington, will lead a compliance team designed to help ensure that ZTE does not illegally sell products with American parts to Iran and other sanctioned countries.

  • Exclusive: U.S. Commerce's Ross picks ZTE monitor after rejecting 'Never Trump' lawyer
    Reuters26 days ago

    Exclusive: U.S. Commerce's Ross picks ZTE monitor after rejecting 'Never Trump' lawyer

    A new monitor for ZTE is required as part of a June settlement that ended a ban on U.S. companies selling components to China's No. 2 telecommunications equipment maker. The ban threatened ZTE's survival and became a source of friction in trade talks between Washington and Beijing. Roscoe Howard, a former U.S. Attorney in Washington, will lead a compliance team designed to help ensure that ZTE does not illegally sell products with American parts to Iran and other sanctioned countries.

  • Reuters26 days ago

    China's Huawei slams Australia 5G mobile network ban as 'politically motivated'

    HONG KONG/SYDNEY (Reuters) - Australia has banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network citing national security risks, a move the Chinese telecoms gear maker criticized as being "politically motivated". The ban, announced on Thursday, signals a hardening of Australia's stance toward its biggest trading partner at a time when relations between the two have soured over Canberra's allegations of Chinese meddling in its politics. This is also in line with measures taken by the United States to restrict Huawei and compatriot ZTE Corp from its lucrative market for similar reasons.

  • The Wall Street Journal27 days ago

    [$$] Taking Cue From the U.S., Australia Bans Huawei From 5G Network

    Australia banned Chinese telecom firms Huawei Technologies Co. and ZTE Corp. from its next-generation 5G mobile network, aligning it with U.S. policy on the matter and underscoring concerns about the possibility of cyberspying by Beijing. The Australian government said Thursday that companies that are “likely to be subject to extrajudicial directions from a foreign government that conflict with Australian law” wouldn’t be able to guarantee security of the network. The statement didn’t specifically mention Chinese companies, but Huawei said it had been informed that both it and ZTE had been banned from the rollout.

  • Australia bans China's Huawei from 5G mobile network, angers Beijing
    Reuters27 days ago

    Australia bans China's Huawei from 5G mobile network, angers Beijing

    Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network, citing risks of foreign interference and hacking which Beijing dismissed as an "excuse" to tilt the playing field against a Chinese firm. The move, following advice from security agencies, signals a hardening of Australia's stance toward its biggest trading partner as relations have soured over Canberra's allegations of Chinese meddling in Australian politics. It also brings Australia in line with the United States, which has restricted Huawei and compatriot ZTE Corp from its lucrative market for similar reasons.

  • Reuters27 days ago

    Australia bans China's Huawei from 5G mobile network, angers Beijing

    Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd from supplying equipment for a 5G mobile network, citing risks of foreign interference and hacking which Beijing dismissed as an "excuse" to tilt the playing field against a Chinese firm. The move, following advice from security agencies, signals a hardening of Australia's stance toward its biggest trading partner as relations have soured over Canberra's allegations of Chinese meddling in Australian politics. It also brings Australia in line with the United States, which has restricted Huawei and compatriot ZTE Corp from its lucrative market for similar reasons.

  • Ericsson, Samsung gain share in network gear as ZTE slumps
    Reuters27 days ago

    Ericsson, Samsung gain share in network gear as ZTE slumps

    LONDON/STOCKHOLM (Reuters) - Ericsson increased its share of the mobile networks market in the second quarter, while Samsung Electronics jumped into fourth place, data from industry research firm Dell'Oro showed. Ericsson, the second biggest maker of radio access network (RAN) gear, and Samsung benefited from rising U.S. demand as China's ZTE tumbled into fifth place after it was hit by U.S. sanctions in April. The world's biggest network gear vendors - No.1-ranked Huawei Ericsson and third ranked Nokia - all increased their market share quarter on quarter, partly because ZTE's sales plummeted from April onward, Dell'Oro analyst Stefan Pongratz said via email.

  • Reuters27 days ago

    Ericsson, Samsung gain share in network gear as ZTE slumps

    LONDON/STOCKHOLM (Reuters) - Ericsson increased its share of the mobile networks market in the second quarter, while Samsung Electronics jumped into fourth place, data from industry research firm Dell'Oro showed. Ericsson, the second biggest maker of radio access network (RAN) gear, and Samsung benefited from rising U.S. demand as China's ZTE tumbled into fifth place after it was hit by U.S. sanctions in April. The world's biggest network gear vendors - No.1-ranked Huawei [HWT.UL], Ericsson and third ranked Nokia - all increased their market share quarter on quarter, partly because ZTE's sales plummeted from April onward, Dell'Oro analyst Stefan Pongratz said via email.

  • Australia bans Huawei from 5G network over security concerns
    Associated Press27 days ago

    Australia bans Huawei from 5G network over security concerns

    CANBERRA, Australia (AP) — Chinese-owned telecommunications giant Huawei has been blocked from rolling out Australia's 5G network due to security concerns.

  • Bloomberg27 days ago

    Is 5G More Vulnerable to Hackers Than 4G? Australia Thinks So

    "This new architecture provides a way to circumvent traditional security controls by exploiting equipment in the edge of the network – exploitation which may affect overall network integrity and availability, as well as the confidentiality of customer data," according to the statement. The Chinese equipment makers have also come under fire in the U.S., where regulators have proposed banning telecom companies from using federal subsidies to buy from companies like Huawei and ZTE that they say pose a national security risk.

  • Is 5G More Vulnerable to Hackers Than 4G? Australia Thinks So
    Bloomberg27 days ago

    Is 5G More Vulnerable to Hackers Than 4G? Australia Thinks So

    "This new architecture provides a way to circumvent traditional security controls by exploiting equipment in the edge of the network – exploitation which may affect overall network integrity and availability, as well as the confidentiality of customer data," according to the statement. The Chinese equipment makers have also come under fire in the U.S., where regulators have proposed banning telecom companies from using federal subsidies to buy from companies like Huawei and ZTE that they say pose a national security risk.