ZTE reports H1-2024 revenue of RMB 62.49 billion (+2.9% YoY) and net profit of RMB 5.73 billion (+4.8% YoY)
IEEE ComSoc
AUGUST 19, 2024
ZTE’s consumer business , which includes mostly handsets and home routers, grew 14% to RMB16 billion ($2.24 The company said it expects: gradual adoption of 5G-Advanced , further rollout of 400G optical and construction of intelligent computing centers to drive the China’s telecom carrier market in the second half.
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