Comments 
Print 
Mail 
Large Medium SmallZTE Corp, China's second-biggest telecom equipment maker, posted its second-straight quarterly loss due to contract delays and decreasing handset sales in China.
The company reported a net loss of 1.14 billion yuan ($183 million) in the fourth quarter of last year, compared with a net income of 991.6 million yuan a year earlier.
Last year's full-year losses reached 2.84 billion yuan, compared with a loss forecast between 2.5 billion yuan and 2.9 billion yuan released in January.
The company also said in January that it may go back to profits again in the first quarter of this year.
Its net loss in the third quarter was 1.95 billion yuan.
Watermelons now come with scannable data
Rubber Duck falls into Victoria Harbor
Car wreck over car parts quality claim
Gales, hailstorms batter villages in SW China
Ram with artificial heart sets survival record
The future of wearable computers
Anniversary quake drill jolts students
15,000 tour memorial hall on quake anniversaryCopyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
