ZTE has struck a deal with the United States Department of Commerce in order to have its seven year long export ban lifted. According to DOC Secretary Wilbur Ross, the Chinese tech giant has agreed to pay a $1 billion penalty, which is considered by many as the biggest ever levied by the DOC’s Bureau of Industry and Security (BIS). On top of paying this amount, ZTE will also be expected to implement “unprecedented” compliance measures.
As reported recently by the New York Times, it appears that President Donald Trump’s administration has told the United States Congress that it has cut a fresh deal that should help save ZTE’s operations.
As indicated in a report recently posted by Avast in its official blog, it seems that a number of cheap non-Google-certified Android powered mobile devices have shipped preinstalled with a type of malware that could have users unknowingly download apps they should not be utilizing or accessing.
According to a report recently published by the Wall Street Journal, it appears that representatives from the United States and China are close to getting an agreement that would effectively minimize the likelihood of a trade war between the two nations. And as part of this deal, the seven year long ban on sales of American components to ZTE (which is based in China) could be lifted.
As seen on a recent filing with the Hong Kong Exchanges, ZTE had taken the opportunity to inform investors that basically all major aspects of its operations have been brought to a halt, primarily due to the export ban imposed by the United States Department of Commerce less than a month ago. The ban is implemented for a period of seven years, and will essentially mean that no company based in America will be able to sell its products and services to ZTE within that stretch of time.
According to a report recently published by Reuters, it appears that China is discussing with United States officials with regards to the seven year export restriction that was imposed on ZTE, the well known Chinese manufacturer of mobile devices and electronic components and telecommunications equipment.
About a year ago, ZTE had pled guilty of violating sanctions with North Korea and Iran, and just this week, the United States Department of Commerce (DOC) has slapped a seven year export restriction for the Chinese tech giant, which effectively now bans American component manufacturers from selling to the mobile brand.
For those who were closely following every development related to Android Oreo (Go Edition), or Android Go for short, they might known that two phone makers were sort of racing to be first to release an Android Go powered device in the United States mobile market. Those two brands, of course, are Alcatel and ZTE.
According to a team of analysts from Bank of America Merrill Lynch (and picked up by CNBC), it appears that the second biggest phone maker in the face of the planet has plans to introduce a foldable iPhone by the end of the decade. Rumors of Apple releasing a folding iPhone are nothing new, but this time around, the report is citing sources that include a number of the company’s partner suppliers.
Just in time for this year’s Mobile World Congress event, ZTE has decided to introduce a new addition to its existing Blade lineup of smartphone devices. Meet the ZTE Blade V9 -- a phablet that features a full screen design on the front side, and a camera built to capture images efficiently even in low light settings.
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