ZTE just published its performance report for the first six months of 2016 and things appear to be looking up for the Chinese giant. The company reported an overall operating revenue increase of 4.05% up to CNY 47.76 billion. Out of that CNY 27.8 billion, or about 58% is domestic revenue and CNY 19.95 comes from international business. The company reported a massive investment of 15% of its total revenue in R&D.. The increase is all throughout the OEM's business, but ZTE's real power is in the carrier network market, where it currently ranks as the number one global supplier of...
Source: http://www.gsmarena.com/zte_reports_operation_revenue_increase_in_first_half_of_2016-news-20142.php
