ZTEs revenue in the first half of the year was 47.2 billion yuan, up 5.8percent year on year

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 ZTEs revenue in the first half of the year was 47.2 billion yuan, up 5.8percent year on year


Benefiting from the rapid development of 5g construction in China, in the first half of 2020, ZTEs network revenue reached 34.97 billion yuan, an increase of 7.7% year-on-year, and the revenue of government and enterprise business reached 4.82 billion yuan, with a year-on-year growth of 2.5%. In the field of consumer business, we have continued to strengthen the 5g terminal cooperation with more than 30 operators around the world, and are ready to make efforts in the domestic open market.

Facing the next reporting period, ZTE said that it will firmly increase basic R & D, accumulate energy for development, operate steadily, actively respond to global market risks and challenges, seize new infrastructure and network technology innovation opportunities, expand market share, and continue to accelerate digital transformation and improve organizational efficiency.