ZTE Corporation has announced a record-breaking revenue of RMB 62.49 billion for the first half of 2024, showcasing an impressive 2.9% year-on-year growth. This remarkable achievement reflects the company’s commitment to innovation and excellence.
In H1 2024, ZTE’s net profit attributable to holders of ordinary shares soared to RMB 5.73 billion, marking a substantial 4.8% increase year-on-year. The company’s dedication to technological advancement and strategic growth initiatives has contributed to this remarkable success.
Despite facing a challenging external environment, ZTE has continued to thrive through a new wave of technological revolution and industrial transformation, driven by innovative concepts such as artificial intelligence. The company’s focus on emerging technologies, including AIGC, 5G-A, and the low-altitude economy, has propelled its growth in both revenue and net profit.
During the first half of 2024, ZTE witnessed significant milestones in various segments, including operator networks, government-enterprise, and consumer businesses. The company’s unwavering commitment to expanding its market presence has led to substantial revenue growth in these key areas.
ZTE’s continued investment in research and development has further solidified its position as a global leader in innovation. The company’s robust portfolio of patents and cutting-edge technologies, particularly in the field of AI, have enhanced its market competitiveness and strategic advantage.
Looking ahead, ZTE remains focused on advancing its core technological innovations and expanding its presence in the connectivity and computing domain. By fostering collaborations and strategic partnerships, the company aims to build a highly efficient and intelligent digital future in collaboration with industry stakeholders.
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