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ZTE revenues rise, profit falls in 2011 operation

Athena Hsiao, Taipei; Adam Hwang, DIGITIMES Asia 0

ZTE, a China-based maker of telecommunication equipment for own brand sale, had revenues of CNY86.254 billion (US$13.34 billion) for 2011 growing 23.39% from 2010 but net operating profit of CNY429.5 million and net profit of CNY2.635 billion slipping...

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