China's ZTE posts fourth-quarter net loss after U.S. sanction case fine

HONG KONG (Reuters) - Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case.

from Reuters: Technology News http://ift.tt/2nFQENZ