https://www.theregister.co.uk/2018/06/08/zte_back_in_business/

The US government will let ZTE use American-made electronics again, as the result of a settlement following the Chinese smartphone-maker exporting technology to Iran and North Korea.

The deal, announced on Thursday by Commerce Secretary Wilbur Ross, will require ZTE to cough up a $1bn fine, and place another $400m in escrow against any future fines. The entire management board must step down within 30 days, and the manufacturer will have to pay for a team of "special compliance coordinators" to monitor for further sanctions busting.