International Circuit
US Lifts Ban on Sales to ZTE After USD 1.4 Bn in Fines
ZTE has resumed operations after the US government lifted a ban on sales to the Chinese company. ZTE paid a USD 1 billion fine last month and deposited another USD 400 million in escrow, the Department of Commerce confirmed, in order to put an end to the order denying US companies to sell to the company. – Telecompaper
You must be logged in to post a comment Login