ZTE says communicating with all parties after news of export restrictions

06 Mar, 2016 1:49 pm

HONG KONG – Chinese telecommunication equipment maker ZTE Corp said on Sunday it is communicating aggressively with all parties after media reports that the company faces US export restrictions.

The statement came a day after Reuters reported that the US Commerce Department is set to place export restrictions on ZTE (0763.HK) for allegedly violating US export controls on Iran. -Reuters

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