ZTE: $1 billion fine in the first half of the year, a loss of 7 billion -90 billion yuan.


ZTE: $1 billion fine in the first half of the year, a loss of 7 billion -90 billion yuan.

Sina Technology News July 13th evening news, ZTE announced that the first half is expected to lose 7 billion yuan -90 billion, a profit of 2 billion 290 million yuan over the same period last year. Compared with the same period of the previous year, the performance of the reporting period has been greatly reduced. The main reasons are: (1) the company issued a "bulletin on the progress of major matters" in May 9, 2018, because the company's main business activities are unable to carry out the loss of business and advance the loss; (2) the company published in June 12, 2018 "on the weight" A fine of $1 billion is stated in the announcement of progress and resumption of major events.


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