Published: 9:39pm, 27 Mar, 2019 Updated: 8:20am, 28 Mar, 2019
China's ZTE Corporation is expecting to see a Q1 net profit of up to $179m this year, in a change of fortunes following its $1.04bn loss last year. The telecoms equipment provider was fined $1bn in June by the US for violating trade sanctions against Iran. The company plans to ramp up its 5G and cybersecurity initiatives as it rebounds from last year's setbacks.