Home › US lifts ban on sales to ZTE after USD 1.4 bln in fines
 

Keywords :   


US lifts ban on sales to ZTE after USD 1.4 bln in fines

2018-07-16 08:48:00| Telecompaper Headlines

(Telecompaper) 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. 

Tags: in sales usd ban

Category:Telecommunications

Latest from this category

All news
»
21.05Electricity grids creak as AI demands soar
21.05Children top up pocket money with extra work
21.05Five questions for ex-Post Office boss Paula Vennells
21.05Eastern North Pacific Tropical Weather Outlook
21.05Atlantic Tropical Weather Outlook
20.05Dantex USA appoints Rob Tolland VP of sales
20.05MDARD designates two bovine tuberculosis testing areas
20.05USDA moves to electronic identification tags
More »