Saturday, September 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Fujitsu Algorithm Achieves Compresses Images by 1,000-1
Samsung Galaxy J4+ and J6+ Launched in India
Renesas to License Chip IP As It Seeks For New Revenue Sources
Razer Ifrit Packs a Professional Quality Microphone into a Low-profile Broadcast Headset
Micron, Toshiba Chips Found Inside New iPhones
3DMark Adds Ray tracing Benchmark
Adobe to Acquire Marketo for $4.75 Billion
PlayStation Now Adds Downloading of PS4, PS2 Games
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > U.S. to...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, May 25, 2018
U.S. to Impose Fine, New Management to ZTE to Keep it in Business


The Trump administration has reportedly told lawmakers that the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business.

Citing an unnamed senior Congressional aide, Reuters on Friday reported that the deal requires ZTE to pay a substantial fine, place American compliance officers at the company and change its management team.

ZTE was banned from buying American technology components for seven years for violations of sanctions against Iran and North Korea.

The Commerce Department would then lift an order preventing ZTE from buying U.S. products.

The White House did not confirm the deal.

Following the order against ZTE, the Chinese telecommunications company announced that it would limit if not cease its U.S. operations.

Many U.S. companies including Qualcomm are ZTE suppliers.



Previous
Next
ASUS Chromebox 3 Series Coming in July        All News        Facebook Keeps Working on In-house Chip Designs
FBI Says Reboot Your Router to Stop Malware Infecting 500k Devices     General Computing News      Facebook Keeps Working on In-house Chip Designs

Get RSS feed Easy Print E-Mail this Message

Related News
ZTE Launches Dual-Ecosystem Smart STB at IBC 2018
Latest ZTE Flagship Axon 9 Pro Debuted at IFA 2018
ZTE Expects Losses Due to U.S. Penalty
U.S. Signs Deal to Lift ZTE Ban
U.S. Partially Allows ZTE to Resume Transactions
ZTE Revamps Chairman and Board to Avoid U.S. Ban
ZTE Accepts $1bn Fine to remove U.S. Ban
China's ZTE Close to Reaching Agreement With U.S.
Samsung in Talks with ZTE to Offer Exynos Mobile Processor
President Trump Says It Will Help ZTE Get Back Into Business
ZTE Winds Down U.S. Operations After U.S. Ban
ZTE's Nubia Red Gaming Phone Released

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .