China's ZTE says main business operations have ceased due to US ban

China's ZTE says main business operations have ceased due to US ban

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/09/chinas-zte-says-main-business-operations-have-ceased-due-to-us-ban.html

ZTE's main business operations have ceased due to a ban imposed by the U.S. government, but the Chinese firm is trying to have the ban modified or reversed, it said in exchange filings late on Wednesday.

ZTE last month was hit with a ban from Washington forbidding U.S. companies to supply it with components and technology after it was found to have violated U.S. export restrictions.

China's ZTE says main business operations have ceased due to US ban

May 9, 2018, 2:41pm UTC
https://www.cnbc.com/2018/05/09/chinas-zte-says-main-business-operations-have-ceased-due-to-us-ban.html >ZTE's main business operations have ceased due to a ban imposed by the U.S. government, but the Chinese firm is trying to have the ban modified or reversed, it said in exchange filings late on Wednesday. >ZTE last month was hit with a ban from Washington forbidding U.S. companies to supply it with components and technology after it was found to have violated U.S. export restrictions.