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ZTE to Log Biggest 3-Month Profit Fall in 8 Years

August 22, 2012

ZTE, the world's fourth-biggest mobile vendor and fifth-ranked telecoms gear maker, is set to report a near-90 percent slump in quarterly profit on Wednesday, squeezed by sluggish equipment sales and fierce competition in handsets.

Source: http://www.cnbc.com/id/48745946?__source=RSS*tag*&par=RSS
 
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