ZTE Corporation and the U.S. government are available to a deal to impose a ban on the Chinese company

ZTE Company

Closer to fight between ZTE Corporation specialized in the manufacture of smart phones and the Ministry of Commerce of the USA to an end. After many of the operations of suspension and fines and the total development, the Ministry of Commerce announced America is now on the Twitter that the deal is nearing completion. Will page upload ZTE Corporation for about US $ 400 million in the escrow account and receive a notice to lift the restraining order.

The prevention of ZTE Corporation in the beginning of dealing with manufacturers because the United States violated trade sanctions imposed by the USA on Iran and North Korea. The Chinese company exporting antennas high frequency include a chip for American-made within them. It was possible to end it all if you admit firm ZTE that it was a mistake, but the United States discovered that the police had deliberately ignored the ban and continued to deal with the Iranian government.

In the beginning, the company was fined ZTE’s $ 800 million with the fine side of $ 300 million, but later the United States has asked the Chinese company to change its Board of Directors in full. I didn’t pick up the Chinese company so, and the problem has gone to a standstill. In the end, she has kept the Chinese company part of the deal last week, which allowed the Ministry of Commerce to proceed with the final step and lift the ban in the end.

When you start ZTE in dealing with us manufacturers, we may see in the end of more phones Nubia equipped with processors Snapdragon or at the end of the two phones Axon 9 and Axon 9 Pro which I got ZTE Corporation on their business relationship earlier this year.

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