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Rumours about a patent battle between Chinese ZTE and Ericsson could be reason for ZTE stock collapse

Thursday, 19 January 2012
Rumours that the Chinese telecom company ZTE lost a patent battle with Swedish Ericsson has helped ZTE's shares plummeted by at most 12 percent in Thursday's trading.
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At the closing price, has the shares of the company fallen by 7.3 per cent, writes Reuters.
Speculation of a weak result for 2011 is also believed to have contributed to the decline.
ZTE denies that price collapse has been as a result of the patent dispute and says that it is not yet settled.
 By Scancomark.se Team







































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