• ZTE Allowed to Return to Business

    2 monthes ago - By Phone Scoop

    The U.S. Commerce Department has lifted its ban on U.S. companies doing business with Chinese phone and telecom equipment maker ZTE. The company can now resume operations, after all but shutting down since April due to the ban. The company is highly dependent on U.S. companies, including Qualcomm and Google, for its smartphone chips and software. The deal to lift the ban was done at the instruction of President Trump, and includes a $1 billion fine and a complete change of ZTE leadership. Today's action marks the end of a years-long saga that started when ZTE was caught selling equipment...
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  • ZTE's US ban lifted, but warns over likely swing to £790m loss

    ZTE's US ban lifted, but warns over likely swing to £790m loss

    2 monthes ago - By Telegraph


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  • ZTE lives on: US Commerce Dept. lifts ban

    2 monthes ago - By ZDnet

    The Chinese telecom giant has deposited $400 million, the final tranche of the $1.4 billion penalty imposed against it.
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  • US lifts the ZTE trade ban

    2 monthes ago - By Liliputing

    Well that was a roller coaster ride. After months of back and forth, the US has lifted the ban that prohibited US companies from selling goods to Chinese electronics company ZTE. The trade restrictions were put in place in response to ZTE violating US sanctions against Iran and North Korea... and then failing to comply...
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  • ZTE starts receiving U.S. supplies again

    ZTE starts receiving U.S. supplies again

    2 monthes ago - By Phone Arena

    The fourth largest smartphone vendor in the U.S. is now officially back in business. On Friday, the U.S. Commerce Department lifted the export ban it had placed on ZTE back in April. The ban prevented the Chinese smartphone and network equipment manufacturer from purchasing needed hardware, software and components from U.S. companies. This reportedly affected about a third of the supplies needed to produce a ZTE smartphone.
    Last year, ZTE was punished by the Commerce Department for selling goods and services to North Korea and Iran, both under U.S. sanctions. In addition ...
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  • US lifts ZTE export ban

    2 monthes ago - By Engadget

    ZTE has another chance at redemption. The US Commerce Department has lifted the export ban on the Chinese mobile giant now that it has met all the terms required to get a full reprieve. Officials confirmed that ZTE had put $400 million in escrow on...
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