ZTE posts a loss in final quarter of 2016 due to US fine

23 March 2017
The fine was imposed after ZTE plead guilty to violating US trade sanctions.

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  • D
  • Dual Standards
  • Ia9
  • 01 Apr 2017

And not one comment from the USA re Apple $14bn... oh that right, universal condemnation that Apple should pay the TZX it evaded

    • D
    • AnonD-634681
    • 3DR
    • 26 Mar 2017

    Anonymous, 23 Mar 2017Than why not paying the fine to the UN? Oh I get it... the... moreThe US make rules like this with big punishments so that they get all the benefits, do you think it really made a difference what ZTE were doing to the US, its like diving in football, fake being hurt so you get what you want

      Yeah.. thats american business style. Everybody knew it.

        Well, i honestly hope that ZTE will fully recover from this, and because ZTE is one of the Chinese companies that they are really doing an excellent job, most especially with the flagship Axon 7, that with the OnePlus 3/T are the two best value for money flagship killers. And that i'm already looking forward for the next gen Axon, 8. So hopefully they will keep the same philosophy.

          • ?
          • Anonymous
          • 0UZ
          • 23 Mar 2017

          AnonD-634681, 23 Mar 2017hefty fine for a hefty crimeThan why not paying the fine to the UN?
          Oh I get it... the US themselfs choose who's the bad and who's the good,and who is due to collect the "taxes" ;)

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            • Anonymous
            • IVB
            • 23 Mar 2017

            Dark Reed, 23 Mar 2017With that new president of US, maybe they'll lose "allies" soon.Make HTC great again

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              • Dark Reed
              • 8%x
              • 23 Mar 2017

              Junker12315, 23 Mar 2017The US wouldn't care much for ZTE leaving the country. The... moreWith that new president of US, maybe they'll lose "allies" soon.

                Anonymous, 23 Mar 2017Companies should leave the us market and make them suffer The US wouldn't care much for ZTE leaving the country.
                They do care about companies helping their enemies. ZTE sent a lot of stuff to Iran and North Korea.

                I don't find US practices to be good and don't find the ban of export to Iran to be a good thing myself, but hey I get it. Help 'allies', block enemies.

                  • ?
                  • Anonymous
                  • 83g
                  • 23 Mar 2017

                  Companies should leave the us market and make them suffer

                    • n
                    • nick
                    • IVB
                    • 23 Mar 2017

                    the zte axon 7 was better phone than the overhype 6gb ram marketing gimmick of the onepolus 3/3T. its just my opinion how things are in the smartphone game today.

                      • D
                      • AnonD-634681
                      • 3DR
                      • 23 Mar 2017

                      AnonD-632062, 23 Mar 2017$892 million is such a HEFTY fine.hefty fine for a hefty crime

                        • D
                        • AnonD-634681
                        • 3DR
                        • 23 Mar 2017

                        well despite the loss their profits were looking great, shame really

                          • D
                          • AnonD-632062
                          • J7S
                          • 23 Mar 2017

                          $892 million is such a HEFTY fine.

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