https://www.techradar.com/news/zte-overhauls-board-and-seeks-finance-as-it-returns-to-business > ZTE has proposed a new financing plan worth $10.7 billion and nominated eight new board members as it seeks to comply with an agreement reached with the US government that will allow it to return to business. > The company had been banned from obtaining products and services from US suppliers after it breached a previous agreement reached for illegally shipping products to North Korea and Iran. This led it to suspend operations and admit that its survival was at risk.