Home Business China's ZTE Corp lost $1 billion in 2018, despite last quarter rebound

China's ZTE Corp lost $1 billion in 2018, despite last quarter rebound

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China’s ZTE Corp made a net profit of 276 million yuan in the fourth-quarter as it recovered from costly U.S. sanctions which dragged it to an overall 2018 loss of 7.0 billion yuan ($1 billion).

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