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中兴通讯(00763.HK):美国FCC禁令对业务影响有限
阿思达克 03-22 16:46
美国联邦通信委员会(FCC)早前宣布,将华为及中兴通讯(00763.HK)等五间中国企业列入危害国家安全的制裁名单。中兴董事长李自学指,有关禁令主要涉及当地通讯网络基建的设备替换,对公司影响有限,又强调中兴一直致力成为规范经营的国际化公司,就海外布局将持稳健方针,不盲目扩张。

李自学指,去年及今年为5G发展期,国内发展将继续为5G规模化做好准备,坚持技术为先,保持高强度研发投入,以确保产品领先地位。执行副总裁兼财务总监李莹补充,2019至2021年为5G芯片投入高峰期,预期今年研发投入总额仍会持续上升,但增长速度将放缓,相信进入良性阶段,业务增长可自行带动研发投入,体现规模效应。

去年毛利率按年下跌5.56个百分点至31.61%,李莹解释,去年为中国5G建设元年,设备集中采购毛利率偏低,令毛利率下降,但整体毛利率水平自去年第二季起已经按季改善,除内地运营商网络业务外,国外运营商网络、政企及消费者业务的毛利率介乎持平至上升。

全球半导体短缺,总裁徐子阳指出,突如其来的供应短缺对行业所有参与者均有影响,公司前期从战略合作夥伴手上取得稳定供应,目前主要原料已储备20周至30周存货,现阶段影响可控。

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