Saturday, 23 September 2017

ZTE braces itself for US fine

By Nick Wood, Total Telecom
Tuesday 14 February 17

Chinese kit maker in settlement talks with authorities over export control violations.

ZTE revealed on Tuesday it expects to be fined by U.S. authorities for selling network equipment to Iran, in violation of export controls. In a statement, ZTE chairman Zhao Xianming said his company is currently negotiating a settlement with the Commerce Department…

ZTE revealed on Tuesday it expects to be fined by U.S. authorities for selling network equipment to Iran, in violation of export controls. In a statement, ZTE chairman Zhao Xianming said his company is currently negotiating a settlement with the Commerce Department…

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