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News Breaks | | | | January 30, 2013 | | 12:26 EDT |  | ZTCOY | ZTE to focus on enterprise business, WSJ says
China's ZTE (ZTCOY) is shifting its focus to higher margin enterprise businesses as its telecom-equipment business is seen challenged by the global economy, competition, and capex restraint by carriers, says the Wall Street Journal, which added that the Congressional report last October, concluding that ZTE and Huawei may pose national security concerns eliminated hope for growth in the U.S. Reference Link | |
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