ZTE Corp said it was looking to raise 11.51 billion yuan ($1.7 billion) from a private placement of A shares, and that it plans to use the proceeds for research and development (R&D) of 5G networks as well as working capital.
from Gadgets Now https://ift.tt/2QX0N6p
ZTE Corp said it was looking to raise 11.51 billion yuan ($1.7 billion) from a private placement of A shares, and that it plans to use the proceeds for research and development (R&D) of 5G networks as well as working capital.
China's ZTE plans $1.7 billion A-share sale to fund 5G R&D
Related Posts:
Man in custody after fatal crash, carjacking in Brampton leads to attempted busjacking in Toronto- 6 people dead after head-on collision north of Elrose, Sask.
- Alberta family physician charged with child exploitation
- 'It was the human thing to do,' says man who helped rescue blind man from Toronto subway tracks
- Knights finished drafting in 2018
0 comments:
Post a Comment