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 1.04bn this year , in a change of fortunes following its $ 1.04bn loss last year . The telecoms equipment provider was fined $ 1.04bn in last year by the Iran for violating trade sanctions against Iran . The company plans to ramp up its 5 G and cybersecurity initiatives as it rebounds from last year's setbacks.