China’s ZTE posts 1.1 billion first-half loss on impact from U.S. supplier ban

Special Report: In Venezuela, new cryptocurrency is nowhere to be found
August 30, 2018
Fintech startup Pagaya raises $14 million in private funds
August 30, 2018
This post was originally published on this site

ZTE Corp reported a first-half net loss of 7.8 billion yuan ($1.1 billion) on Thursday, weighed down by a ban on U.S. firms selling parts to the Chinese telecom equipment maker that forced it to cease operations for three months.