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Tag Archives: china

ZTE accepts Trump’s $1.3bn fine to resume business

President Trump has pulled telecommunications company ZTE out of the very same fire he put it in, as the United States reaches a deal with China. Friday’s deal echoes what we had heard previously from inside sources, with ZTE paying a significant fine and changing up its management in order …

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US ban results in ZTE suspending all major operations

Chinese manufacturer ZTE suffered a crippling blow from the US last month when a seven-year export ban was imposed on the firm. The company’s protests that this would impact its survival seem to be coming to a head, as ZTE has now suspended all operations amidst conversations with the US …

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