ZTE

U.S. lets ZTE resume business by lifting supplier ban

6 days ago   |   By VentureBeat

The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE, allowing China's second-largest telecommunications equipment maker to resume business. The Commerce Department removed the ban shortly after ZTE deposited $400 million in a U.S. bank escrow, as part of a settlement reached last mon...
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ZTE starts receiving U.S. supplies again

ZTE starts receiving U.S. supplies again

6 days 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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Washington Completely Lifts ZTE Ban After Three Months

Washington Completely Lifts ZTE Ban After Three Months

6 days ago   |   By Android Headlines

The United States Department of Commerce on Friday completely lifted the denial order imposed on Chinese electronics and telecom gear manufacturer ZTE nearly three months after first issuing it in response to violations of a 2017 settlement over broken import embargoes imposed on Iran and North Korea. As of today morning PST, ZTE can no longer be found on the federal regulator's “Denied Persons Lists” containing names of individuals and entities with whom American companies aren't allowed to trade. While the Commerce Department initially hit ZTE with a seven-year denial order that would...
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