ZTE

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Trump Signs $1B Bill to Replace Huawei Equipment

Bill will help small providers with switch

(Newser) - President Trump on Thursday signed into law a bill that provides $1 billion to help small telecom providers replace equipment made by China's Huawei and ZTE. The US government considers the Chinese companies a security risk and has pushed its allies not to use Huawei equipment in next-generation cellular...

Trump Declares Another National Emergency

Move allows government to ban Huawei technology

(Newser) - President Trump declared a national emergency Wednesday in a move seen as an attempt to crack down on a single company. In an executive order, the president declared a national economic emergency, allowing the government to ban US companies from using telecommunications equipment from "foreign adversaries" that pose an...

Senate Moves to Reverse Trump's ZTE Deal

By adding a provision to a must-pass defense package

(Newser) - The Republican-led Senate is working to reverse President Donald Trump's decision to allow Chinese telecom giant ZTE to buy component parts from the US. Senate leaders agreed Monday to try to undo the administration's deal with a provision to a must-pass defense package, the AP reports. The Chinese...

China's ZTE Will Pay Huge Fine to End US Sanctions

'We still retain the power to shut them down again,' say commerce chief Ross

(Newser) - The United States has reached a deal with Chinese telecommunications giant ZTE Corp . that includes a $1 billion fine, says Commerce Secretary Wilbur Ross. The resolution of the ZTE case may clear the way for the US to make progress in its high-stakes trade talks with China, per the AP...

Trump Defies Congress With Decision on Chinese Firm

But will China accept the president's terms?

(Newser) - Well, ZTE is back in business—sort of. Washington will drop sanctions against the Chinese telecommunications giant if it makes management changes and pays a big fine, a Congressional aide tells Reuters . President Trump tweeted more, saying that "I closed it down then let it reopen with high level...

Trump Defends Move to Save Chinese Company

ZTE buys parts from US firms, he says

(Newser) - President Trump on Monday defended his e fforts to help a Chinese telecommunications company that violated US sanctions "get back into business, fast," despite criticism from Democrats and Republicans that the company poses a national security risk. "ZTE, the large Chinese phone company, buys a big percentage...

US Move Against Chinese Smartphone Maker Cripples It

A global telecom equipment-maker has halted main business operations

(Newser) - In a move that is roiling the telecom industry worldwide, a global telecom equipment-maker has halted its main business operations. The announcement comes after ZTE, China’s second-largest telecom equipment company, was found by the US to have illegally shipped its products to Iran, per Reuters . In response, the US...

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