|Bid||26.850 x 0|
|Ask||26.900 x 0|
|Day's Range||26.050 - 27.450|
|52 Week Range||9.560 - 27.700|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.38 (1.61%)|
|1y Target Est||16.54|
U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West. The CIA accused Huawei of receiving funding from China's National Security Commission, the People's Liberation Army and a third branch of the Chinese state intelligence network, the British newspaper reported, citing a source.
(Reuters) - U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company ...
have been seeking to distance themselves from Chinese entities, particularly Huawei, the Chinese telecoms company accused by the US of spying. Under Monash’s 10-year agreement, intellectual property developed by the university’s medical and engineering departments will be incubated at the new Monash Technology and Transformation Institute (MTTI), based in Pingshan, a district in the city of Shenzhen, which is the patent-filing capital of China.
One of China’s leading artificial intelligence start-ups, SenseTime, has sold out of a security joint venture in Xinjiang after an international outcry over the surveillance and mass detention of local ...
MIT is the latest top educational institution to unplug telecom equipment made by Huawei and other Chinese companies to avoid losing federal funding. "MIT is not accepting new engagements or renewing existing ones with Huawei and ZTE or their respective subsidiaries due to federal investigations regarding violations of sanction restrictions," Maria Zuber, its vice president for research, said http://bit.ly/2K528XI in a letter on its website.
SANTA CLARA, Calif., April 4, 2019 /PRNewswire/ -- Based on its recent analysis of the global 5G infrastructure market, Frost & Sullivan recognizes ZTE Corporation (ZTE) with the 2018 Global Technology Leadership Award for being a leading provider of 4G, Pre5G, and 5G infrastructure systems, equipment, and terminals. The company established early dominance in 5G by offering an extensive product line and investing heavily in 5G standardization initiatives, technology and solutions development, and network enablement.
Japan's decision to curb government purchases from Chinese telecoms equipment makers Huawei Technologies and ZTE Corp could hurt bilateral ties if Tokyo's actions are deemed unfair, China's commerce ministry said on Thursday. Japan revised its procurement rules last year, introducing measures to strengthen security that were also a de facto ban on government purchases from Huawei and ZTE.
March 28 (Reuters) - ZTE Corp: * SHENZHEN STOCK EXCHANGE FILING SHOWS BLOCK TRADE OF ZTE CORP'S 80.5 MILLION A-SHARES INVOLVING 1.94 BILLION YUAN ($288.34 million) ON MARCH 28 Source text in Chinese: https://bit.ly/2lSW4T8 ...
China's commerce ministry said on Thursday it has expressed concerns to Japan about its decision to restrict government purchases from telecommunication equipment makers Huawei Technologies and ZTE Corp ...
ZTE Corp. and BYD Co. late Wednesday reported full-year earnings that missed estimates. Earlier in the month AAC Technologies Holdings Inc. had a similar situation. ZTE’s troubles are the most obvious.
Shares of ZTE Corp rose as much as 14 percent on Thursday after the company forecast a first quarter profit of up to 1.2 billion yuan ($178.18 million) as it recovers from U.S. sanctions. The Chinese telecommunications equipment maker said in filings late on Wednesday it expected to make a net profit of 800 million to 1.2 billion yuan in the first quarter of 2019, up from a net profit of 276 million yuan in the December quarter. ZTE, the world's fourth-largest telecommunications equipment maker by market share, was forced to stop most business between April and July last year due to U.S. sanctions.
China's ZTE Corp made a net profit of 276 million yuan in the fourth-quarter as it recovered from costly U.S. sanctions which dragged it to an overall 2018 loss of 7.0 billion yuan ($1 billion). ZTE's 2018 loss announced on Wednesday was just within its earlier guidance range of 6.2 billion yuan to 7.2 billion yuan, but was deeper than the average estimate of a loss of 6.2 billion yuan by 10 analysts, according to Refinitiv Eikon data. The company had expected a first-quarter net profit of 800 million to 1.2 billion yuan, against a net loss of 5.4 billion yuan year earlier.
HONG KONG—The state-backed owner of China’s ZTE Corp. is cutting its stake in the telecoms giant, which is recovering from a bruising run-in with U.S. authorities last year. ZTE, the world’s No. 5 maker of telecommunications equipment, lost billions of dollars in revenue when the U.S. Commerce Department barred it from buying components from the American tech companies it relies on. On Tuesday, ZTE’s controlling shareholder, Zhongxingxin, said it would sell up to 3% of ZTE’s shares outstanding, according to a regulatory filing.
Chinese telecom equipment maker ZTE Corp's controlling shareholder plans to reduce its stake by as much as 3 percent after the stock more than doubled in value since surviving a U.S. sanction last year, showed regulatory filings late on Tuesday. ZTE in the filings said state-owned controlling shareholder Zhongxingxin Telecom plans to sell up to 2 percent in ZTE A-shares via block trades within 90 days. Zhongxingxin has also proposed to use not more than 41.9 million ZTE A-shares, or 1 percent of the company's total share capital, to subscribe for units in the ICBCCS SHSZ 300 exchange-traded fund.