US bans American exports to Chinese phone maker ZTE

CNET | 4/16/2018 | Alfred Ng
kimberly163 (Posted by) Level 3
Click For Photo: https://cnet4.cbsistatic.com/img/-7ImXlIqzjsv8zrcjW9Z9xwpV5c=/670x503/2017/12/01/80b2fd20-26e7-43ad-a2a7-b25e489f851e/zte-axon-m-7616-007.jpg

ZTE's Axon M, a phone that uses chips from the US's Qualcomm and Gorilla Glass.

ZTE's troubles with the US just got worse, as the US government announced an export ban to the Chinese phone company.

Companies - Qualcomm - Dolby - Components - Years

American companies like Qualcomm and Dolby will not be able to sell their components to ZTE for up to seven years, after the Chinese phone maker allegedly violated terms of a sanctions agreement from last March, Bureau of Industry and Security officials told CNET.

The ban comes after ZTE pleaded guilty in 2017 for illegally shipping US equipment to Iran and North Korea and agreed to pay up to $1.2 billion in penalties. Part of the settlement required ZTE to take actions against employees who were a part of the violations.

Department - Commerce - ZTE - Officials - Employees

The Department of Commerce said ZTE officials lied about reprimanding the employees, and...
(Excerpt) Read more at: CNET
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!