ZTE issued a formal statement on the U.S. ban imposed on the company

ZTE Company

It seems that Chinese companies like Huawei and ZTE can’t have a chance in the American market. The conviction of both companies in the past of spying for the Chinese government, but in recent times, the company ZTE to ban the import of components from American companies, and this is what prevents them from buying American technology.

The company has described this prohibition in the former as ” unfair ” and pledged to fight it, but it has launched since then more statements are lengthy and detailed message about this issue. In its statement the official, trading company ZTE basically against the ban stating that it was doing everything in its power to comply convictions.

For those who don’t know why it was preventing the company ZTE from the import of components from American companies, it is because the U.S. government has accused ZTE for breach of the conditions of economic sanctions imposed on Iran by the import of American technology and sell it in Iran. Confirmed company ZTE this issue and laid off the executives who were involved in those trades, but moving fast forward, it turns out that those steps were not enough, despite the fact that the statements of ZTE indicate that they paid dues to the American government already.

According to the company ZTE, has stated by saying : ” I won’t give up ZTE for its efforts to resolve the problem through communication, we are also determined, if necessary, to take legal proceedings to protect the rights and legal interests of our company and our employees and shareholders, and to fulfill obligations and responsibilities towards global customers, end users, partners, and suppliers “.

In the meantime, it may be for some catastrophic results on the business to buy the ZTE, they are not banned only the import of processors Snapdragon used in Smartphones from Qualcomm, but they are also threatened by loss of license Android own. But recent reports hinted that as a result of this ban will be the Chinese government to accelerate the pace of development of the semiconductor sector of the local, including processors, in an attempt to reduce reliance on western companies.

 

The post ZTE issued a formal statement on the U.S. ban imposed on the company appeared first on email.

Leave a Reply

Your email address will not be published. Required fields are marked *