ZTE posts a loss in final quarter of 2016 due to US fine

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Title : ZTE posts a loss in final quarter of 2016 due to US fine
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ZTE posts a loss in final quarter of 2016 due to US fine

Speaking of technology, of our memory will be directed to a smartphone, for use smartphones lately been increasing very dramatically. Smartphone development can not be separated from the role of smartphone manufacturers from around the world. This gadget is already very close to human life, no wonder if the smartphone manufacturers competing to provide the best performance of their products.

Given the number of smartphone options, make users choose a smartphone with complete specifications and reasonable price. This of course prompted manufacturers to cut production costs so as to produce products that are cheap and have great ability. Some Chinese manufacturers have even started making a smartphone with a very cheap price at the same time complete feature.

It certainly forced other major smartphone manufacturers to lower the price as well, so that still has enthusiasts. Like the Korean smartphone manufacturer Samsung, also started to produce medium-class smartphone to offset the cost smartphone manufacturers from China

Apart from the price, smartphone users will also lead to the ability of smartphones, it's no wonder that many manufacturers are starting to improve the features on their smartphone. One example of a large company producing Korean smartphone that Samsung are also working to make their latest innovations.

ZTE was accused of violating US trade sanctions against Iran and North Korea and the company plead guilty to those charges. It has agreed to pay a settlement of $892 million, a fine that pushed the company's bottom line in the red - a $760 million loss for the final quarter of 2016. The company could be on the hook for another $300 million if it violates the conditions of the settlement. The quarter before that ZTE posted a profit of $158 million, but the fine was big enough to put the company's profits for the whole 2016 into the negative - a $343 million loss, instead of the expected...

One of the most important part of the smartphone is their operating system, some giant smartphone manufacturers who had slipped because it does not follow the development of technology for smartphone operating system is Nokia, because they chose to use Windows as the operating system of their smartphones. As a result, of course, smartphone users switch to other manufacturers.

Two operating system, which is still much in demand by users of smartphones are Android and IOS. In some countries more Android users. Yet another part of the country that iOS users also remain loyal to the operating system with apple emblem.

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