ZTE updated its financial guidance, saying it now expects net profit attributable to shareholders to be RMB 2.64 billion (US$424 million) in 2014, compared with RMB 1.36 billion a year earlier, according to preliminary unaudited results.
Full-year revenue is forecast to be RMB 81.24 billion, 8% higher than in 2013.
ZTE posted growth in its 4G TD-LTE and FDD-LTE systems business in China, as well as its 3G and 4G smartphone operations internationally.
http://wwwen.zte.com.cn/en/press_center/news/201501/t20150119_431111.html
