ZTE may need to pay billions to overturn US ban

ZTE may need to pay billions to overturn US ban

6 years ago
Anonymous $2WKDXfy9lA

https://www.techradar.com/news/zte-may-need-to-pay-billions-to-overturn-us-ban

The US government could collect a $1.7 billion fine from beleaguered Chinese firm ZTE, as well as assurances about its future conduct, to allow it to continue trading with American firms.

Washington has prohibited US suppliers of products and services from dealing with ZTE after it breached an agreement reached for illegally shipping products to North Korea and Iran.