Technology

China's ZTE estimates at least $3.1 billion loss from U.S. sanctions: Bloomberg

6 years ago

Anonymous $CLwNLde341

https://www.reuters.com/article/us-usa-china-zte/chinas-zte-estimates-at-least-3-1-billion-loss-from-u-s-sanctions-bloomberg-idUSKCN1IO092

China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.

China's ZTE estimates at least $3.1 billion loss from U.S. sanctions: Bloomberg

May 23, 2018, 3:14am UTC

$CLwNLde341

https://www.reuters.com/article/us-usa-china-zte/chinas-zte-estimates-at-least-3-1-billion-loss-from-u-s-sanctions-bloomberg-idUSKCN1IO092 >China's ZTE Corp is estimating losses of at least 20 billion yuan ($3.1 billion) due to Washington's ban on U.S. firms supplying the telecommunications firm, Bloomberg reported on Wednesday, citing unnamed sources.