ZTCOF - ZTE Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
2.07
+0.12 (+6.15%)
At close: 3:43PM EST
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Previous Close1.95
Open2.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range2.00 - 2.09
52 Week Range1.21 - 4.18
Volume47,476
Avg. Volume25,864
Market Cap11.076B
Beta (3Y Monthly)2.13
PE Ratio (TTM)N/A
EPS (TTM)-0.20
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2016-06-06
1y Target EstN/A
Trade prices are not sourced from all markets
  • Financial Times23 hours ago

    [$$] Business as usual expected with Brazil’s new central bank chief

    Brazil’s president-elect Jair Bolsonaro did not disappoint the markets — one of his biggest franchises — when he announced his new central bank chief this week: Roberto Campos Neto. An executive of Banco Santander, the Spanish bank, Mr Campos Neto is the grandson of Roberto Campos, a planning minister in the early years of the military government. Specialising in finance at the University of California, Los Angeles, Mr Campos Neto is expected to carry on the work of Ilan Goldfajn, the present central bank president who will be leaving for “personal reasons”.

  • Financial Times2 days ago

    [$$] China’s artificial intelligence ambitions hit hurdles

    China’s once-hot artificial intelligence sector is in a funk: spurned by investors, failing to deliver on cutting-edge technology and struggling to generate returns. , venture capital investors were pumping up valuations and China’s tech giants peppered their earnings calls liberally with their AI ambitions. is not unique to China.

  • Reuters3 days ago

    Special Report: How ZTE helps Venezuela create China-style social control

    In April 2008, former Venezuelan President Hugo Chavez dispatched Justice Ministry officials to visit counterparts in the Chinese technology hub of Shenzhen. There, at the headquarters of Chinese telecom giant ZTE Corp, they learned how China, using smart cards, was developing a system that would help Beijing track social, political and economic behavior. Using vast databases to store information gathered with the card's use, a government could monitor everything from a citizen's personal finances to medical history and voting activity.

  • Financial Times9 days ago

    [$$] Security flaws discovered at world’s largest drone maker DJI

    Cyber security experts found security flaws in the software of DJI, the world’s largest commercial drone maker, which put data collected by drones and usage patterns of individual drones at risk of being accessed by intruders. Check Point, the California-based security company, and DJI said the bug had been fixed, but the announcement may re-ignite discussions in the US over potential risks of using drones from the China-based manufacturer. In a pattern similar to the US government’s warnings about Chinese telecoms gear makers Huawei and ZTE, the US Army in August last year ordered an immediate end to using any DJI drones, citing classified internal research on technology threats and user vulnerabilities of DJI products.

  • The Wall Street Journal10 days ago

    [$$] Huawei, Still Big in Britain, Faces New Scrutiny

    LONDON—The U.K. government is reviewing the makeup of its telecommunications-equipment market—a move that executives say ratchets up scrutiny of China’s Huawei Technologies Co. The letter didn’t single out any specific company by name, but executives at businesses that received the letter said it was clear to them that Huawei was the target. Until recently, Britain was a welcoming market for Huawei.

  • Financial Times11 days ago

    [$$] UK warns telecoms groups to check security of 5G suppliers

    The UK has warned its telecoms companies to consider their suppliers carefully as they build 5G networks, in a move that industry figures said was targeted at Huawei, the Chinese equipment maker. Matthew Gould, the head of digital policy at the Department for Digital, Culture, Media and Sport, and Ciaran Martin, the head of the National Cyber Security Centre, wrote to several telecoms companies warning them that their 5G supply chain may be affected by a review of the UK’s telecoms infrastructure that was launched in July. It did not mention Huawei by name, but said the “outcome of the review may lead to changes in the current rules” and that the companies “will need to take the review into consideration in any procurement decisions”.

  • The Wall Street Journal18 days ago

    [$$] U.S. to Restrict Chinese Chip Maker From Doing Business With American Firms

    The U.S. has raised the stakes in a battle with Beijing over intellectual property by restricting American firms from doing business with a state-owned Chinese chip maker that Micron Technology Inc. has accused of stealing its secrets. Citing national and economic security concerns, the Commerce Department said Monday that it will begin restricting American companies from selling software and technology goods to Fujian Jinhua Integrated Circuit Co., a semiconductor startup into which the Chinese government has been pouring money as part of an effort to build its own chip industry.

  • The Wall Street Journal23 days ago

    [$$] ZTE Profits Sink, But Sales Are Recovering 'Rapidly' After U.S. Ban

    Corp., the Chinese telecom giant rescued from collapse by the Trump administration, eked out a profit in its most recent quarter and said business is “rapidly recovering” after a ban on it buying from U.S. suppliers ended earlier this year. The company said its business was bouncing back quickly following a devastating three-month ban on purchasing parts from U.S. suppliers this summer, which forced it to suspend operations. The U.S. Commerce Department ordered the ban in April after finding the company had broken terms of a deal resolving ZTE’s violations of U.S. sanctions on Iran and North Korea.

  • Reuters23 days ago

    China's ZTE Corp posts third-quarter profit, expects full-year loss

    Chinese telecoms equipment maker ZTE Corp posted a third-quarter net profit of 564 million yuan ($81 million) after resuming business in the wake of crippling U.S. sanctions, but said it still expects to post a loss of up to 7.2 billion yuan for the full year. The world's fourth-largest telecommunications equipment maker by market share posted its worst half-year loss of 7.8 billion yuan in August due to U.S. sanctions over violations of export restrictions. In its Thursday filing ZTE said it expects to make a loss of between 6.2 billion and 7.2 billion yuan for full-year 2018, compared with a profit of 4.57 billion in 2017.

  • Reuters23 days ago

    China's ZTE Corp posts third-quarter profit, expects full-year loss

    Chinese telecoms equipment maker ZTE Corp posted a third-quarter net profit of 564 million yuan ($81 million) after resuming business in the wake of crippling U.S. sanctions, but said it still expects to post a loss of up to 7.2 billion yuan for the full year. The world's fourth-largest telecommunications equipment maker by market share posted its worst half-year loss of 7.8 billion yuan in August due to U.S. sanctions over violations of export restrictions. In its Thursday filing ZTE said it expects to make a loss of between 6.2 billion and 7.2 billion yuan for full-year 2018, compared with a profit of 4.57 billion in 2017.

  • Bloomberg23 days ago

    ZTE's Profit Dives 65% as It Tries to Move Past U.S. Ban

    ZTE is recovering from a months-long U.S. Commerce Department ban on purchases of American technology, including components needed to produce its smartphones and networking equipment. Washington agreed to lift that moratorium -- punishment for violating and lying about sanctions on exports to Iran and North Korea -- only after ZTE agreed to replace its board and senior management and paid more than $1 billion in penalties. Investors however remain cautious on Chinese corporations as U.S. tensions escalate.

  • GlobeNewswirelast month

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZTE Corporation - ZTCOF

    NEW YORK, Oct. 12, 2018 -- Pomerantz LLP is investigating claims on behalf of investors of ZTE Corporation (“ZTE” or the “Company”) (OTCMKTS: ZTCOF).   Such investors are.

  • PR Newswirelast month

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZTE Corporation - ZTCOF

    NEW YORK , Oct. 9, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ZTE Corporation ("ZTE" or the "Company") (OTCMKTS: ZTCOF).  Such investors are ...

  • The Wall Street Journallast month

    [$$] Chinese Tech Shares Tumble on Spying Concerns

    HONG KONG—The escalating trade fight between Washington and Beijing is sending a chill through investors in Chinese technology companies that sell to the U.S. Hong Kong-listed shares of Lenovo Group Ltd., the Chinese maker of PCs and servers, fell 15% on Friday, while shares of ZTE Corp., which makes smartphones and telecommunications equipment, shed 11%. A report in Bloomberg Businessweek on Thursday said Beijing spied on the U.S. using microchips inserted in computing components built for an array of American tech companies.

  • Lenovo and ZTE tumble on fears over China hack report
    Reuterslast month

    Lenovo and ZTE tumble on fears over China hack report

    Lenovo and ZTE Corp shares slid on Friday, hurt by worries about overseas sales after Bloomberg reported that the systems of multiple U.S. companies had been compromised by malicious computer chips inserted by Chinese spies. In a report published on Thursday, Bloomberg Businessweek cited 17 unidentified sources from intelligence agencies and businesses as saying that Chinese spies had placed computer chips inside equipment used by about 30 companies and multiple U.S. government agencies, which would give Beijing secret access to internal networks.

  • The Wall Street Journallast month

    [$$] Lenovo, ZTE, Tencent Shares Fall as Bad News Sweeps Tech Stocks in Asia

    Stocks in Asia slumped on Friday, adding to recent losses as rising global bond yields have made equity investors more cautious. Taiwan’s tech-heavy Taiex index dropped the most, declining nearly 2%, while benchmarks in Japan, South Korea and Hong Kong fell less than 1% apiece. Markets in mainland China were closed for a holiday.

  • China tech stocks Lenovo, ZTE tumble after chip hack report
    Associated Presslast month

    China tech stocks Lenovo, ZTE tumble after chip hack report

    HONG KONG (AP) — Chinese tech stocks Lenovo Group and ZTE Corp. tumbled in Hong Kong on Friday following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems.

  • The Wall Street Journallast month

    [$$] U.S. Judge Orders China’s ZTE to Two More Years of Monitoring

    A U.S. judge ordered ZTE Corp. to another two years of scrutiny by a court-appointed monitor, following the Chinese telecom giant’s violation of a settlement resolving charges that it dodged U.S. sanctions on Iran and North Korea. Judge Ed Kinkeade, a U.S. federal judge based in Dallas, also gave the monitor additional powers to investigate ZTE’s behavior and police its compliance with U.S. export-control laws. The order extends the court-appointed monitor’s term to 2022 from 2020.

  • U.S. judge says China's ZTE violated probation; extends monitor's term
    Reuterslast month

    U.S. judge says China's ZTE violated probation; extends monitor's term

    In his order, U.S. District Judge Ed Kinkeade in Dallas extended until 2022 the term of a monitor he appointed to assess ZTE's compliance with U.S. export control laws. ZTE is China's second-largest telecommunications equipment maker and relies on U.S. components for its smart phones and networking equipment.