BRIEF-ZTE posts 2016 net loss mainly due to settlement with US government

March 23 (Reuters) - ZTE Corp

* Says 2016 net loss at 2.4 billion yuan ($348.53 million)

* Says 2016 net loss incurred mainly from its settlement

with the U.S. government

Source text in Chinese: http://bit.ly/2nUySn5

Further company coverage:

($1 = 6.8860 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)