US ZTE ban will remain in place until the company pays $1bn fine and places $400m in escrow

clock • 2 min read

ZTE deal a 'personal favour' from President Trump - but it will definitely be shut down if it contravenes new agreement

ZTE, the Chinese networking equipment maker sanctioned in April by US authorities, remains under embargo today despite striking a new deal with the US Department of Commerce. That had followed a...

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