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:
OKI Electric Industry Company Limited
sales of 438.03 billion Japanese Yen [US$3.91 billion]
of which 39%
was Information Communication),
VTech Holdings Limited
of Hong Kong
(16.64 billion Hong Kong Dollars [US$2.12 billion]
of which 100%
was Consumer Electronic Products), and
Accton Technology Corporation
based in Taiwan
(43.09 billion Taiwanese Dollars [US$1.40 billion]
of which 69%
was Internet Exchanger).
ZTE Corp reported sales of 85.51 billion Chinese Renmimbi (US$12.74 billion)
December of 2018.
decrease of 21.4%
versus 2017, when the company's sales were 108.82 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 45.4% decline
in Consumer Business, from 35.20 billion Chinese Renmimbi to 19.21 billion Chinese Renmimbi.
There were also decreases in sales in
Carriers' Networks (down 10.5% to 57.08 billion Chinese Renmimbi)
Government and Corporate Business (down 7.5% to 9.09 billion Chinese Renmimbi)