Banned by the United States, the loss is huge. What about ZTE now?

Almost a year ago in April, ZTE was banned by the US Department of Commerce from selling spare parts, software, goods and technology to ZTE, and the ban lasted for seven years. This ban was ridiculous at first, but it was also fatal to ZTE. As a global technology company, ZTE naturally needs suppliers from all over the world to provide all kinds of spare parts, including American suppliers.

Perhaps it is because ZTE's lack of core has been heated by the media, which has made the public begin to understand and understand the importance of chips. After several months of game, ZTE was finally released from sales, but it also paid a high price. In 20 18, ZTE's revenue and profit figures were not good. 20 18 suffered a direct loss of 5.4 billion yuan in the first quarter, and its share price was directly halved.

ZTE made a successful profit in the first quarter of 20 19, and the estimated net profit can reach 800 million to1200 million yuan. ZTE has applied for more than 3,000 patents around the world, participated in NSA networking and SA networking in many countries around the world, and recently completed SA networking with Spanish telecom operator Orange, which is also the first 5G call based on SA networking in Europe. In China, Tianjin and Shandong have also been completed.

You may not know much about how 5G works. Simply put, there are two ways: NSA independent networking and SA independent networking. The best way is independent networking, but the investment is large. The transition mode is NSA independent networking. This way is that telecom operators set up 5G base stations, but still use 4G core networks, while independent networking is 5G.

According to the first quarter report of 20 19 released by ZTE, ZTE has carried out 5G cooperation with 30 telecom operators around the world, with shipments exceeding 1 10,000 base stations. Now ZTE has clearly established itself in the 5G market, and will make great achievements in vertical industries such as big video, car networking, industrial internet and smart grid in the future. I believe that 20 19 ZTE will hand over a satisfactory answer sheet by the end of the year.