ZTE Corp operates in the Telephone and telegraph apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ZTE Corp with three other
audio-visual equipment producers in Asia:
VTech Holdings Limited
of Hong Kong
sales of 14.40 billion Hong Kong Dollars [US$1.84 billion]
of which 100%
was Consumer Electronic Products),
OKI Electric Industry Company Limited
(490.31 billion Japanese Yen [US$4.34 billion]
FiberHome Telecommunication Technologies Company Limited
(17.36 billion Chinese Renmimbi [US$2.62 billion]
ZTE Corp reported sales of 101.23 billion Chinese Renmimbi (US$15.28 billion)
December of 2016.
a very small
increase of 1.0%
versus 2015, when the company's sales were 100.19 billion Chinese Renmimbi.
This was the third consecutive year of growth at ZTE Corp.
Sales of Consumer Business saw an increase
that was more than double the company's growth rate: sales were up
3.0% in 2016, from
32.47 billion Chinese Renmimbi to 33.45 billion Chinese Renmimbi.
ZTE Corp also saw significant increases in sales in
Carriers' Networks (up 2.9% to 58.88 billion Chinese Renmimbi)
Not all segments of ZTE Corp experienced an increase in sales in 2016:
sales of Government and Corporate Business fell 15.2% to 8.90 billion Chinese Renmimbi.