[Reuters] ZTE eyes network, smartphone growth to stay profitable

Posted by: UGN Security

[Reuters] ZTE eyes network, smartphone growth to stay profitable - 04/26/13 11:44 AM

HONG KONG (Reuters) - ZTE Corp, China's second largest telecoms gear maker in revenue terms, expects an increase in smartphone sales and an expansion in 4G networks to keep it in profit this year after posting its first-ever annual loss in 2012.