US tough penalty hurts ZTE and many others

Digitimes
Apr 25, 2018, 3:44 am113 pts
Seen as an extension to the ongoing bilateral trade spats, the US Department of Commerce has imposed a ban on ZTE for sanctions violations, prohibiting American firms from selling components to the China telecom equipment maker for seven years. The move has not only dealt a heavy blow to ZTE, but may also…

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