26 March 2015
ZTE has announced a 94% rise in full year net profit due to higher sales of 4G network equipment and smartphones.
increased to $423.5 million in 2014 with revenue rising by 8.3%
to approximately $13.1 billion.
vendor claims it was the fastest-growing provider of 4G
solutions globally in 2014, introducing network solutions such
as Cloud Radio, QCell, UBR and Magic Radio.
In 2014, it
also launched its M-ICT strategy, which targets growth in
telecoms, enterprise ICT and consumer devices.