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Newsflash

ZTE sales up 35% 

impressive 35 percent rise in sales and 29 percent jump in net profit for first-quarter 2009 compared to a year ago. The firm recorded revenues of CNY11.67 billion (US$1.7 billion) and net profit of CNY78.66 million (US$11.5 million). Like Chinese rival Huawei, which posted similarly impressive results earlier this week,

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