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Just this past year, China's two major domestic telecommunications equipment manufacturers to form a huge contrast: ZTE deficit more than 2.5 billion yuan, Huawei's net profit rose 30%. Yesterday, Huawei announced its 2012-year results: Global sales revenue is expected to 220.2 billion yuan, an increase of 8% per cent, net profit of 15.4 billion yuan, an increase of 33%. The night before yesterday, ZTE issued the annual deficit announcement, is expected 2012 net profit fell 221.35% to 240.77%, loss of 2.5 billion to 2.9 billion yuan. The company said the loss is due to the domestic part of the system contract signing delay, terminal collection ...
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