Tag Archives: ZTE

Huawei 5G 5G Coomunication hardware Worls's first

China issues 5G licences in timely boost for Huawei

06 June, 2019 12:16 pm 12:16 pm

SHANGHAI (Reuters) – China granted 5G licences to the country’s three major telecom operators and China Broadcasting Network Corp on Thursday, giving the go-ahead for full commercial deployment of the next-generation cellular network technology. The approvals will trigger investment in the telecommunications sector which will benefit top vendors such as Huawei Technologies, just as the … Read More

United States ,extend ,license ,companies ,business ,Chinese technology company, Huawei Technologies Co Ltd

US lawmakers introduce bipartisan bills targeting China’s Huawei and ...

01 January, 2019 8:11 am 8:11 am

WASHINGTON (Reuters) – A bipartisan group of US lawmakers introduced bills that would ban the sale of US chips or other components to Huawei Technologies Co Ltd , ZTE Corp or other Chinese telecommunications companies that violate US sanctions or export control laws. The proposed law was introduced shortly before the Wall Street Journal reported … Read More

White House mulls new year executive order to bar Huawei, ZTE purchases

12 December, 2018 4:43 pm 4:43 pm

WASHINGTON (Reuters) – President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar US companies from using telecommunications equipment made by China’s Huawei and ZTE, three sources familiar with the situation told Reuters. It would be the latest step by the Trump administration to cut … Read More

US allows ZTE transactions to maintain networks

07 July, 2018 9:32 am 9:32 am

(Reuters) – The US Commerce Department on Tuesday granted a temporary reprieve to ZTE Corp <000063.SZ > that allows China’s No. 2 telecommunications equipment maker to conduct business needed to maintain existing networks and equipment in the United States as it works toward the lifting of a US sales ban. The authorization from the US … Read More

China’s ZTE still in limbo over US Commerce ban

06 June, 2018 9:42 am 9:42 am

BEIJING (Reuters) – The US Department of Commerce still has not worked out the details necessary for lifting the ban on China’s ZTE Corp, a spokesman said on Thursday, even though an official last week said the final steps would be taken in a “couple of days.” “The department continues to work with ZTE,” the … Read More

Investors wipe $3 billion off China’s ZTE as US settlement sinks in

06 June, 2018 1:54 pm 1:54 pm

HONG KONG (Reuters) – Investors wiped about $3 billion off embattled Chinese telecommunications giant ZTE Corp’s market value as it resumed trade on Wednesday after agreeing to pay up to $1.4 billion in penalties to the US government. China’s No. 2 telecommunications equipment maker was crippled when the United States imposed a seven-year supplier ban … Read More

US reaches deal to keep China’s ZTE in business: congressional aide

05 May, 2018 12:16 pm 12:16 pm

WASHINGTON (Reuters) – The Trump administration told lawmakers the US government has reached a deal to put Chinese telecommunications company ZTE Corp back in business after it pays a significant fine and makes management changes, a senior congressional aide said. US President Donald Trump appeared to confirm the deal in a tweet late on Friday. … Read More