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Posts Tagged ‘zte’

US Commerce Department officially lifts trade ban on ZTE

Friday, July 13th, 2018

It has been a weird couple of months for ZTE since the US Commerce Department imposed a complete trade ban on ZTE that cut it off from its US suppliers. ZTE was forced to shut down while it worked on a solution with the government, and now it's back in action. The Commerce Department has confirmed that ZTE followed through with the new settlement requirements, so the trade ban is no more.

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US Commerce Department officially lifts trade ban on ZTE was written by the awesome team at Android Police.

ZTE signs escrow agreement with U.S. to lift trade ban

Thursday, July 12th, 2018

After the U.S. Department of Commerce banned ZTE from importing US-made components, due to the company violating an agreement it made in 2017, ZTE shut down most operations while it fought to lift the ban. The Commerce Department told ZTE it had to pay over a billion dollars in fines and replace its entire senior leadership for the ban to be lifted, which ZTE agreed to last month.

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ZTE signs escrow agreement with U.S. to lift trade ban was written by the awesome team at Android Police.

ZTE gets authorization to conduct limited business for the next month

Wednesday, July 4th, 2018

It's been nothing but bad news for ZTE over the last couple months, but there's finally a positive development for the Chinese technology firm. The US Commerce Department has temporarily lifted part of the trade ban that effectively shut down ZTE back in April. This will help ZTE keep the lights on as it works toward full compliance.

The authorization runs from July 2nd to August 1st, allowing ZTE to continue operating existing networks and equipment, as well as provide support to owners of ZTE phones.

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ZTE gets authorization to conduct limited business for the next month was written by the awesome team at Android Police.

ZTE pays new $1 billion fine, but its future remains uncertain

Monday, June 25th, 2018

Chinese technology firm ZTE says it has forked over $1 billion to the US government. This is the first step toward ZTE returning to operation after a ban on purchasing US technology in April forced it to partially shut down. However, it's not out of the woods yet as the entire incident has become a political firestorm for the US administration.

ZTE got itself in this situation by failing to comply with all parts of a previous penalty for violation of US sanctions.

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ZTE pays new $1 billion fine, but its future remains uncertain was written by the awesome team at Android Police.

U.S. Senate passes ZTE sanctions, bill now goes to committee

Tuesday, June 19th, 2018

The decision by President Trump and the Department of Commerce to lift ZTE's ban on importing U.S. components drew plenty of criticism, but it seemed to mark the end of the ongoing ZTE drama. Unfortunately for the company, the ban now has a real chance of being reinstated.

Earlier this month, a group of U.S. senators (including both Democrats and Republicans) announced an amendment to the National Defense Authorization Act, which would definitively block ZTE from importing U.S.

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U.S. Senate passes ZTE sanctions, bill now goes to committee was written by the awesome team at Android Police.

Bipartisan bill in U.S. Senate aims to reinstate ZTE ban

Saturday, June 9th, 2018

The decision by President Trump and the Department of Commerce to lift ZTE's ban on importing U.S. components has drawn plenty of criticism. Not only was it ZTE's second time breaking U.S. law, but many believe Chinese OEMs like ZTE and Huawei to be security threats. Now a number of senators plan to introduce a bill that will reinstate the import ban.

Republican senator Tom Cotton (Arkansas) and Democrat Chris Van Hollen (Maryland) have announced an amendment to the National Defense Authorization Act that would once again block ZTE from importing U.S.

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Bipartisan bill in U.S. Senate aims to reinstate ZTE ban was written by the awesome team at Android Police.

ZTE agrees to $1 billion fines, replaces board of directors, to continue US operations

Thursday, June 7th, 2018

After the U.S. Department of Commerce banned ZTE from importing US-made components, due to the company violating an agreement it made in 2017, ZTE shut down most operations while it fought to lift the ban. Earlier this month, Trump announced he wanted to help ZTE, as part of negotiating a trade deal with China.

The President said the company would have to pay a $1.3 billion fine and change management for the ban to be lifted, and a few days ago, ZTE reportedly reached an agreement with the Department of Commerce.

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ZTE agrees to $1 billion fines, replaces board of directors, to continue US operations was written by the awesome team at Android Police.

ZTE reportedly signs preliminary deal to lift US technology ban

Tuesday, June 5th, 2018

Things have changed dramatically for ZTE in the last few weeks. It went from one of the world's largest smartphone makers to effectively shutting down in the wake of US Department of Commerce action that blocked it from buying technology from American firms. Now, Reuters reports that ZTE has signed a preliminary agreement with the US agency to lift the ban.

While the agreement has not been finalized, ZTE has apparently agreed to pay another hefty fine to revive its business.

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ZTE reportedly signs preliminary deal to lift US technology ban was written by the awesome team at Android Police.

President Trump says ZTE must change management and pay $1.3 billion for sanctions to be dropped

Saturday, May 26th, 2018

The ZTE saga just keeps going... and going... and going. After the United States Department of Commerce banned ZTE from importing US-made components, due to the company violating an agreement it made in 2017, ZTE shut down most operations while it fought to lift the ban. Earlier this month, President Trump announced he wanted to help ZTE, as part of negotiating a trade deal with China.

The move drew criticism from many government officials on both sides of the political spectrum, as this was the second time ZTE broke US law.

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President Trump says ZTE must change management and pay $1.3 billion for sanctions to be dropped was written by the awesome team at Android Police.

President Trump says ZTE must change management and pay $1.3 billion for sanctions to be dropped

Saturday, May 26th, 2018

The ZTE saga just keeps going... and going... and going. After the United States Department of Commerce banned ZTE from importing US-made components, due to the company violating an agreement it made in 2017, ZTE shut down most operations while it fought to lift the ban. Earlier this month, President Trump announced he wanted to help ZTE, as part of negotiating a trade deal with China.

The move drew criticism from many government officials on both sides of the political spectrum, as this was the second time ZTE broke US law.

Read More

President Trump says ZTE must change management and pay $1.3 billion for sanctions to be dropped was written by the awesome team at Android Police.

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