|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.74 - 6.82|
|52 Week Range||2.55 - 6.82|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Harris' (HRS) 12-meter Folded Rib Reflector is expected to support a carbon-monitoring satellite mission, aimed at studying the changing state of global forests.
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.
The legal arguments mounted in its brief aren’t based on existing precedent. The highly unusual lawsuit, filed last week in the Eastern District of Texas, reads more like a moral broadside directed at the U.S. Congress for naming Huawei as a Chinese-government affiliate and effectively blacklisting the company’s telecommunications equipment — and others who use it — from U.S. government contracts. It doesn’t seem like a fundamental rights violation for a government to refuse to do business with a company it sees as a potential national-security threat.
China's "Belt and Road" infrastructure plan could be good news for Italy, Prime Minister Giuseppe Conte said on Friday, confirming that he might sign an accord with Chinese President Xi Jinping later this month. Xi is due to travel to Italy from March 22-24 and Conte said Rome and Beijing were looking to agree to a framework deal during the state visit, despite reports that the United States is concerned at the prospect of a key ally joining the venture.
SHENZHEN, China (AP) — Chinese tech giant Huawei is challenging a U.S. law that limits its sales of telecom equipment in the U.S. on security grounds as the company steps up efforts to preserve its access to global markets for next-generation communications.
The surprise arrest of Huawei's chief financial officer in December quickly turned the executive, Meng Wanzhou, into a central figure in a trade war between two economic superpowers. U.S. President Donald Trump told Reuters he would consider intervening in her case - a potential action he alluded to again two weeks ago - if it would help close a trade deal with China. Meng's lawyer on Wednesday told a Canadian court that he has concerns the allegations against her have a political character, noting Trump's comments on the case.