Little upside projected for ZTE this year

ZTE, the world's fifth-largest telecommunications equipment supplier, may be hard-pressed to boost sales and profit this year, despite growing global demand for smartphones and the expansion of 4G networks on the mainland.

In a report published yesterday, Bernstein Research maintained its "underperform" rating on ZTE due to increased competition against telecommunications equipment providers with vastly bigger resources.

via Business feed http://www.scmp.com/business/companies/article/1226314/little-upside-projected-zte-year