China’s ZTE Revises 2015 Profit After US Export Curbs

China’s ZTE Revises 2015 Profit After US Export Curbs

Chinese telecom equipment maker ZTE Corp revised down its 2015 net profit on Wednesday due to export curbs imposed by the US Commerce Department for alleged violations of sanctions against Iran. Shenzhen-based ZTE said its 2015 net profit rose 22 percent to CNY 3.2 billion ($493.3 million or roughly Rs. 3,277 crores). On January 19, the company reported a preliminary 2015 net profit of CNY 3.8 billion. ZTE said in a stock exchange filing the reduction was due to a reassessment of future cash inflows arising from related contracts following…

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China’s ZTE Said to Appeal US Export Ban After Lobby Efforts Fail

China’s ZTE Said to Appeal US Export Ban After Lobby Efforts Fail

HTC may have not revealed launch date for its upcoming flagship smartphone but the company has been teasing the device on social platforms. The latest in the series teases the cameras on what is expected to be called the ‘HTC 10’ smartphone. The Taiwanese company in a tweet on Tuesday said, “World First, World Class, Front and Back. You’ll see,” accompanied by a hashtag “powerof10.” The tweet also shared an image that showed cameras from possibly the ‘HTC 10’ smartphone. Not much could be deciphered from the image but it…

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ZTE Blade D2 With 5-Inch Display, 4000mAh Battery Launched

ZTE Blade D2 With 5-Inch Display, 4000mAh Battery Launched

After unveiling its two mid-range ‘Blade’ handsets at MWC 2016 last month, ZTE has launched the budget Blade D2 budget smartphone on the Vietnam website. The handset is priced at VND 2,690,000 (roughly Rs. 8,100) and for now is available in Vietnam only. The company is yet to officially launch the smartphone. As mentioned in the listing, the highlight of the ZTE Blade D2 is its 4000mAh battery. We have already seen smartphones with similar battery capacity in the past such as Xolo Era 4K, Huawei Y6 Pro, Xiaomi Redmi…

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