ZTE’s profit surges 42% with revenue up 10%

ZTE has announced its net profit rose 41.9% to RMB883 million or $142 million in Q1 2015, whereas revenue grew up to 10.2% to RMB21 billion.

The operating revenue from telecom software system, services and other products increased 23.4%. Its growth is from video and networks terminal product, in addition to services.

ZTE will focus on its main operations of carrier Networks,enterprize bussiness and mobile devices.ZTE will committed for developing solutions for smarter networks to support carrier in their transformation in to information based operations.

ZTE said revenue from Carriers’ Networks increased 8.9 per cent – driven by growth in sales of products such as wireless communication systems, wireline switch and access systems, routers and router switches...See more

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