ZTE reports ~$1.1B loss for the first half of 2018 due to US export ban, says it expects to return to profitability in the third quarter (Sijia Jiang/Reuters)

Sijia Jiang / Reuters:
ZTE reports ~$1.1B loss for the first half of 2018 due to US export ban, says it expects to return to profitability in the third quarter  —  HONG KONG (Reuters) - China's ZTE Corp (000063.SZ) (0763.HK) said it expects to make a profit in the third quarter after recording its worst-ever …

from Techmeme https://ift.tt/2NyNS6B