ZTE Corporation, a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, issued guidance for a return to profitability in the company’s full-year financial results for 2013. Full-year net profit attributable to shareholders will be between 1.2 billion yuan ($198.02 million) and 1.5 billion yuan, as ZTE reported large-scale improvement in profitability in its major operations, Zte.com.cn reported on Monday.

In China, ZTE holds a leading position in the 4G LTE market. ZTE achieved breakthroughs in telecommunications markets in South Africa and Spain, and became a top-four smartphone provider in the United States. ZTE’s proprietary “Cloud Radio” technology was deployed by operators to offer higher-performance and more consistent 4G coverage for a better user experience for subscribers.

In 2014, ZTE will reform its operations to add new flexibility and vitality to the company. In the operator solutions division, ZTE will grow its operations internationally and target significant breakthroughs in the development of 4G equipment, mobile devices and chipsets. In the mobile devices division, ZTE will focus on user experience and branding to establish increased rapport with consumers, marrying a new mindset with the company’s traditional technological advantages.