ZTE is allowed to operate in the US this month only
ZTE and the Unites States have been going back and forth with the formers ban on doing business in the United States. Although a deal was made between President Trump and ZTE, the US Congress disapproved this agreement that would bring ZTE back into the country.
The continuation of the ZTE and US saga stretches on. Today, Reuters reported that the US Department of Commerce has granted a temporary lift on the ZTE ban that would allow the company to make transactions within the US, necessary to maintain ZTEs existing networks and equipment.
This doesnt mean that ZTE is allowed to operate as normally during this time its a provisional allowance. The company has until August 1, before the ban goes back into effect. By then, ZTE will either remain banned as originally sentenced (cease operations with US companies and/or within the US) or wait and see if Trump manages to sway congress into letting ZTE slide.
Reader comments
- Kangal
It isn't over the top, its fair. ZTE needs USA innovation, much more than the USA needs ZTE's products. Perhaps ZTE (who have billions of dollars, thousands of workers, and many months of planning-time) should've done their homework about inte...
- 05 Jul 2018
- uCX
- A derp
I honestly don't understand why there is so much sympathy for ZTE here... First of all, actual cell phone devices are not that big of a revenue stream for them, especially in the US. They build cell phone network infrastructure and used US tech to bu...
- 05 Jul 2018
- I5R
- Gandalfdenvite
Lenovo/Motorola is a Chinese company, so Motorola must be banned from doing business in USA!
- 04 Jul 2018
- 38E