Well folks, it’s been one weird ride.
Commerce Secretary Wilbur Ross announced Thursday that the U.S. is ending the sanctions it imposed on Chinese handset maker ZTE only two months ago.
The U.Simposed the sanctions in the first place because Z…
Category: zte
ZTE fined $1 billion
After much negotiation with the Trump Administration, Secretary of Commerce Wilbur Ross confirmed this morning that ZTE, the Chinese telecommunications giant, has agreed to a $1 billion fine. That penalty was assessed following an investigation showing that ZTE had violated U.S. sanctions by selling telecom technology to Iran and North Korea. Ross made the comments […]
View More ZTE fined $1 billionU.S. announces timeline for 25% tariff on Chinese tech products
After significant back-and-forth over the past few months, the White House intends to follow through with a pledge to place tariffs on imported Chinese technology goods while also tightening restrictions on investments by Chinese firms into American companies. In a statement posted by the White House this morning, the administration said that it would impose […]
View More U.S. announces timeline for 25% tariff on Chinese tech productsWhat President Trump Doesn’t Know About ZTE
David Kline Contributor David Kline is a journalist, author and intellectual property strategist. More posts by this contributor A new (old) way for product makers to defeat patent roadblocks After meeting with Chinese Vice Premiere Liu He this week, President Trump is still considering easing penalties on Chinese telecommunications giant ZTE over its violation of […]
View More What President Trump Doesn’t Know About ZTETrump says ZTE will pay $1.3B fine and overhaul its management to continue US business
U.S. President Donald Trump has claimed that Chinese telecom firm ZTE will pay a $1.3 billion fine and undergo a significant overhaul of its management team in order to remain operational in North America. ZTE looked to be in dire straits when it ceased its business in the U.S. earlier this month after a Department […]
View More Trump says ZTE will pay $1.3B fine and overhaul its management to continue US businessU.S. and China reportedly working on a deal to save ZTE
The United States and China are said to be working on a deal that would keep ZTE from going out of business. According to the Wall Street Journal, the two countries have agreed on a “broad outline” of a deal to settle a trade dispute sparked when the Commerce Department banned American companies from selling […]
View More U.S. and China reportedly working on a deal to save ZTEHouse committee accepts amendment to uphold ZTE ban
The bizarre recent tale of ZTE is getting another wrinkle. Earlier today, a bipartisan House Appropriations Committee unanimously voted to accept an amendment to uphold sanctions against the company. The amendment to the 2019 Commerce, Justice, and Science Appropriations bill is, of course, being viewed as a rebuke of the president, whose tweets over the […]
View More House committee accepts amendment to uphold ZTE banHow ZTE became the focal point of US/China relations
Here in the States, ZTE has been content with a kind of quiet success. The Chinese smartphone maker has landed in the top five quarter after quarter (sometimes breaking the top three, according to some analysts), behind household names like Apple, Samsung and LG. Suddenly, however, the company is on everyone’s lips, from cable news […]
View More How ZTE became the focal point of US/China relationsDonald Trump now wants to save ZTE and everyone’s confused
Chinese smartphone maker ZTE might have found a savior, and it’s the last person you’d expect.
President Donald Trump says he now wants to help save the beleaguered handset maker, tweeting Sunday that he wanted to give the company “a way to get back …
President Trump says he’s working to give ZTE a reprieve
In a remarkable development, President Trump has thrown an olive branch to controversial Chinese telecom firm ZTE less than a week after it ceased its main business following restrictions from the U.S. government. ZTE, which develops telcom network equipment and sells consumer devices including smartphones, said on Wednesday that it would cease its main business operations […]
View More President Trump says he’s working to give ZTE a reprieveZTE might only have a few weeks to live
Chinese phone manufacturer ZTE has suspended all major operations following a seven-year ban on importing phone parts from the U.S., the company announced on Wednesday.
“As of now, the Company maintains sufficient cash and strictly adheres to i…
Things are looking bleak as ZTE ceases main business operations
ZTE wasn’t kidding around when it suggested that a U.S. Department of Commerce order would “severely impact” its survival. It’s hard to image a successful path around the seven-year ban on the sale of U.S. products to the company imposed after it reportedly failed to sufficiently reprimand staff for flouting Iranian sanctions. Earlier today, in fact, […]
View More Things are looking bleak as ZTE ceases main business operations