ZTCOY - ZTE Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
5.28
+0.37 (+7.46%)
At close: 3:50PM EDT
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Previous Close4.91
Open5.17
Bid0.00 x 0
Ask0.00 x 0
Day's Range5.17 - 5.30
52 Week Range2.75 - 6.86
Volume6,072
Avg. Volume16,128
Market Cap17.768B
Beta (3Y Monthly)1.98
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2018-07-02
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters

    Ramaphosa is "last hope" for South Africa, Chinese diplomat says

    South African President Cyril Ramaphosa is the "last hope" for Africa's most advanced economy, but his government must turn incentive policies into laws to secure more Chinese investment, a senior Chinese diplomat told Reuters. China is South Africa's largest trading partner and has pledged more investment than any other country since Ramaphosa embarked on a drive last year to attract $100 billion of new investment to lift the economy out of a slump.

  • Reuters

    Huawei says Italy's new 5G powers discriminate against it

    Chinese telecoms equipment group Huawei Technologies criticised the Italian government's newly beefed-up powers to intervene in the development of fifth-generation (5G) telecom services, saying they discriminated against the company. Luigi De Vecchis, chairman of Huawei Italia, made the comment in a parliamentary hearing, after the government moved by urgent decree last week to strengthen its existing so-called "golden power" to intervene in the private sector. It did so due to concerns over the potential involvement of Huawei and fellow Chinese equipment maker ZTE Corp in the development of 5G networks, a government source has said.

  • ZTE says Italy's new powers to intervene in 5G will delay deployment
    Reuters

    ZTE says Italy's new powers to intervene in 5G will delay deployment

    Chinese telecom equipment firm ZTE Corp warned on Wednesday that the Italian government's newly strengthened power to intervene in the development of fifth-generation telecoms networks may further delay 5G mobile services in the country. Under its beefed-up "golden power", Rome decreed that it could block 5G deals involving non-European firms on national interest grounds. It acted out of concerns over the potential involvement of ZTE and another Chinese equipment maker, Huawei Technologies, a government source has said.

  • Reuters

    Italy beefed up 'golden power' with Chinese 5G vendors in mind - source

    Italy has beefed up its "golden power" over the private sector partly due to concerns over the potential involvement of Chinese firms Huawei Technologies and ZTE Corp in the development of 5G networks, a government source said on Friday. On Thursday night, the government used an urgent legislative decree to strengthen its existing power to intervene in the private sector to defend national security and other national interests.

  • Reuters

    China's ZTE follows Huawei with Brussels cybersecurity lab

    China's ZTE opened a cybersecurity lab in Brussels on Wednesday, aiming to boost transparency four months after bigger telecoms equipment rival Huawei did the same to allay concerns about spying. Chinese vendors of network gear are being scrutinised by the United States and some of its allies who believe the equipment could be used by Beijing to spy on customers if deployed in 5G networks, which are beginning to be built around the world. Huawei, the world's biggest maker of telecoms network gear, has been blacklisted by the U.S. government, meaning that U.S. companies need special approval - which they are unlikely to get - to export products to the Chinese company.

  • Cisco (CSCO) to Acquire Acacia Communications (ACIA) for $2.6 Billion
    Zacks

    Cisco (CSCO) to Acquire Acacia Communications (ACIA) for $2.6 Billion

    Cisco Systems (CSCO) announced early Tuesday that it has entered into an agreement to acquire Acacia Communications (ACIA) for approximately $2.6 billion net of cash and marketable securities.

  • MarketWatch

    The trade war is over — and the winner is China, writes Howard Gold

    Trump-Xi agreement shows the president won’t go to the wall to fundamentally change the U.S.’s trade relationship with the world’s second-biggest economy, writes Howard Gold.

  • 'Safe like China': In Argentina, ZTE finds eager buyer for surveillance tech
    Reuters

    'Safe like China': In Argentina, ZTE finds eager buyer for surveillance tech

    In Argentina's remote northern province of Jujuy, Chinese telecoms giant ZTE is installing a little slice of the Asian nation's vast surveillance state - security cameras that the local government says will help to curb street crime. ZTE Corp sealed a nearly $30 million surveillance contract with Jujuy in March to provide cameras, monitoring centers, emergency services, and telecommunications infrastructure.

  • "Safe like China": In Argentina, ZTE finds eager buyer for surveillance tech
    Reuters

    "Safe like China": In Argentina, ZTE finds eager buyer for surveillance tech

    In Argentina's remote northern province of Jujuy, Chinese telecoms giant ZTE is installing a little slice of the Asian nation's vast surveillance state - security cameras that the local government says will help to curb street crime. ZTE Corp sealed a nearly $30 million surveillance contract with Jujuy in March to provide cameras, monitoring centers, emergency services, and telecommunications infrastructure.

  • Reuters

    UPDATE 1-U.S. senators urge Trump not to use Huawei as bargaining chip in trade talks

    U.S. Senators Mark Warner and Marco Rubio on Thursday urged the Trump administration not to use Huawei Technologies Co as a bargaining chip in trade talks with China that might allow expanded use of the company's equipment in the U.S. telecommunications industry. "Allowing the use of Huawei equipment in U.S. telecommunications infrastructure is harmful to our national security,” the senators wrote.

  • Trump Says Huawei Could Become Part of Trade Deal With China
    Bloomberg

    Trump Says Huawei Could Become Part of Trade Deal With China

    “It’s possible that Huawei even would be included in some kind of a trade deal,” Trump told reporters at the White House, without providing details. The Trump administration is seeking to choke off Beijing’s access to key technologies by limiting the sale of vital U.S. components to the Chinese telecommunications equipment maker over security concerns. The U.S. had held off on blacklisting Huawei out of concern the move could disrupt trade negotiations with China and only took action after the last round of trade talks hit an impasse, according to people familiar with the matter.

  • U.S. lawmakers want to help rural telecoms replace Huawei, ZTE equipment
    Reuters

    U.S. lawmakers want to help rural telecoms replace Huawei, ZTE equipment

    A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to provide about $700 million in grants to help U.S. telecommunications providers with the cost of removing Huawei equipment from their networks. The bill also moves to block the use of equipment or services from Chinese telecoms firms Huawei and ZTE in next-generation 5G networks, according to a statement by the senators. The United States has accused ZTE Corp and Huawei Technologies Co Ltd of working for the Chinese government and has expressed concern their equipment could be used to spy on Americans, allegations the Chinese government and the companies say are baseless.

  • U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm
    Reuters

    U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm

    SHANGHAI/NEW YORK (Reuters) - The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant little because it was already prepared for U.S. action. The U.S. Commerce Department blocked Huawei Technologies Co Ltd from buying U.S. goods last week, a major escalation in the trade war between the world's two top economies, saying the firm was involved in activities contrary to national security. The two countries increased import tariffs on each other's goods over the past two weeks after U.S. President Donald Trump said China had reneged on earlier commitments made during months of negotiations.

  • Is Huawei a Trump Bargaining Chip? Better Hope So
    Bloomberg

    Is Huawei a Trump Bargaining Chip? Better Hope So

    Optimists expect Trump to let Huawei off the hook eventually after using the company as a bargaining chip to squeeze trade concessions from Beijing, in the same way that he did with the smaller Chinese electronics maker ZTE Corp. last year. It’s unlikely to play out that way, though. the U.S. administration’s twin decisions last week to halt the use of Huawei equipment and block the sale of components to the Chinese company are a major escalation beyond trade-war posturing. There are key differences with ZTE. For one thing, Huawei hasn’t been directly accused of any wrongdoing.

  • Huawei CEO Expects Slight Impact From U.S. Curbs, Nikkei Reports
    Bloomberg

    Huawei CEO Expects Slight Impact From U.S. Curbs, Nikkei Reports

    “Huawei’s growth may slow, but only slightly,” Ren told Japanese reporters at the telecommunications equipment maker’s headquarters in Shenzhen, China, according to Nikkei. It was his first media statement since President Donald Trump and the U.S. Commerce Department imposed restrictions on May 15.

  • Reuters

    China's Huawei restricted from using U.S. suppliers

    WASHINGTON/NEW YORK (Reuters) - The Trump administration on Thursday officially added China's Huawei Technologies Co Ltd to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom giant to do business with U.S. companies. The Commerce Department issued a rule, promised on Wednesday, putting Huawei and 68 affiliates in more than two dozen countries on its so-called Entity List, a move that bans the company from buying parts and components from American firms without U.S. government approval. The U.S. government will review license applications under a "policy of presumption of denial," according to a posting on the Federal Register.

  • Huawei's $105 billion business at stake after U.S. broadside
    Reuters

    Huawei's $105 billion business at stake after U.S. broadside

    By Sijia Jiang and Michael Martina HONG KONG/BEIJING (Reuters) - The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, ...

  • Reuters

    China's Huawei, 70 affiliates placed on U.S. trade blacklist

    WASHINGTON/NEW YORK (Reuters) - The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” - a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval. U.S. officials told Reuters the decision would also make it difficult if not impossible for Huawei, the largest telecommunications equipment producer in the world, to sell some products because of its reliance on U.S. suppliers. Under the order that will take effect in the coming days, Huawei will need a U.S. government license to buy American technology.