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China's ZTE explores new growth opportunities as slowing 5G market leads to 3Q23 decline

Allen Hsieh, DIGITIMES Asia, Taipei 0

Credit: ZTE

China's ZTE Corporation recently announced its financial results for the third quarter of 2023. The revenue was CNY 28.689 billion, a decrease of 12.38% compared to the previous year. However, the net profit was CNY 2.369 billion, an increase of 5.09%...

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