The Trump administration has handed ZTE another lifeline, Bloomberg reports, allowing it to resume certain business activities while US lawmakers decide how to deal with the company going forward. In April, the US Commerce Department banned ZTE from…
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The ZTE saga has been an interesting (and confusing) story for the past few months. After pretty clearly violating US trade restrictions with Iran, ZTE was heavily sanctioned earlier this year, which didn’t make China happy, either. Then it turned out that the sanctions were going to force ZTE out of business, which, while pretty […]
Come comment on this article: China may have convinced the US to ease up on ZTE sanctions
If you’re a big ZTE fan, you may want to sit down. We have some bad news. Those last round of sanctions that were passed to stop ZTE from dealing with American companies after ZTE tried to skirt around sanctions on Iran and North Korea are apparently going to be enough to completely cripple ZTE’s […]
Come comment on this article: RIP ZTE: new sanctions have caused the company to cease global operations