ZTE updated its financial guidance, saying it now expects net profit attributable to shareholders to be RMB 2.64 billion (US$424 million) in 2014, compared with RMB 1.36 billion a year earlier, according to preliminary unaudited results.
Full-year revenue is forecast to be RMB 81.24 billion, 8% higher than in 2013.
ZTE posted growth in its 4G TD-LTE and FDD-LTE systems business in China, as well as its 3G and 4G smartphone operations internationally.
Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.