ZTE Corp
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Based in China
Company profile

ZTE Corporation is a China-based company principally engaged in the design, development, production, distribution and installation of a range of Information and Communication Technology (ICT) related systems, equipment and terminals. The Company mainly operates its business through three segments: Carriers’ Network segment, Government and Corporate segment and Consumer segment. Carriers’ Network segment mainly provides wireless network, wired network, core network and telecommunication software systems and services, as well as other technologies and product solutions. Government and Corporate segment provides the government and corporate information projects with top-level design, consulting services and integrated information solutions. Consumer segment is mainly involved in the development, production and sale of smart phones, mobile data terminals, family terminals and wearable devices, as well as the provision of related software applications and value-added services.

Closing Price
$2.83
Day's Change
0.06 (2.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.88
Day's Low
2.75
Volume
(Light)
Volume:
8,052

10-day average volume:
19,627
8,052

GE Healthcare ramps up capacity, production of ventilators and other COVID-19 treatment equipment

7:27 am ET March 19, 2020 (MarketWatch)
Print

General Electric Co.'s (GE) health care unit said Thursday it has increased manufacturing capacity and output of ventilators, and other equipment used in the treatment and diagnosis of COVID-19 patients. GE Healthcare said the other equipment include CTs, ultrasound devices, mobile X-ray systems and patient monitors. Regarding ventilators, GE Healthcare said it was adding manufacturing lines, increasing the number of shifts to produce them around the clock and adding additional employees through new hires and shifting current employees from other areas to support the increased demand. "As the global pandemic evolves, there is unprecedented demand for medical equipment, including ventilators," said GE Healthcare Chief Executive Kieran Murphy. " We continue to explore all options to support this increased need." GE's stock, which shed 2.1% in premarket trading, has lost 47.7% over the past month through Wednesday, while the Dow Jones Industrial Average has dropped 32.2%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 19, 2020 07:27 ET (11:27 GMT)

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