ZTE Looking to Appeal Export Ban
Mar 16, 2016, 7:28 AM by Eric M. Zeman
ZTE is planning to appeal a ban recently placed on exports, reports Reuters. Last week, the U.S. Department of Commerce said U.S. companies are no longer allowed to export select technology to ZTE. ZTE's U.S. suppliers can apply for a license to export their goods to ZTE, but the government intends to deny such licenses. ZTE is being punished for attempting to circumvent trade sanctions the U.S. has in place with Iran, according to the Commerce Department, which says the company planned to use shell companies to get around the legal restrictions. ZTE said it is "actively facilitating communications with the U.S. governmental department to search for a solution." It's unclear how long the appeals process may take before the export ban is eased or lifted. The ban will likely impact ZTE's global supply chain.
Samsung Refreshes Galaxy S Series with S Pen, New Cameras
Qualcomm Taps Iridium for Satellite Connectivity
ZTE Axon 30 Ultra Drops June 4 with Triple 64-Megapixel Cameras
ZTE Launches Axon 30 with Hidden Front Camera
Ray-Ban Stories are Glasses With Cameras and Bluetooth Audio
Comments
No messages
