ZTE

Apple and China: A Mutually Beneficial Relationship

In 2019, around 46% of Apple's suppliers were Chinese companies or China-based factories. Not only do Chinese firms rely on Apple's sizable orders, but Apple also sees benefits from the country’s high cost-efficiency and growing innovation.

ZTE's Profit Down 34% as Costs Increase in 2020

A major 5G equipment constructor in China, ZTE's revenue and profit were expected to reach larger volumes during 2020; however, the increasing costs and expenses caused by 5G construction led to a decrease in profit.

ZTE's Shares Have Nosedived 50% since Feb 2020 – Any Possibility of A Turnaround?

ZTE, as a world-leading telecommunication equipment supplier, has been in the shadow of the US sanctions since 2012, even the 5G hype in China failed to maintain its PE in a relatively high level.

ZTE’s former Mobile Division CEO Xuezhong Zeng to Join Xiaomi as Smartphone Head

Xiaomi, the Chinese smartphone vendor has been constantly seeking top talents from other telecom companies to boost its smartphone R&D and sales.

Riding the Wave of 5G, China Telecom Launches Data Center in Tianjin

The telco previously cooperated with ZTE and Baidu on autonomous driving tests.